Director Of Finance

## Director Of Finance Apply remote type:
On-Site locations:
Westin Cincinnati - Cincinnati, OHtime type:
Full time posted on:
Posted Todayjob requisition :
JR115828
** About Us
** Join Our Vibrant Team at The Westin Cincinnati! Dive into a workplace that cherishes your contributions and fuels your growth! At The Westin Cincinnati, we're not just a team; we're a legacy. With each of our associates boasting an impressive tenure, we stand proud as a pinnacle of hospitality in the HEI Hotels & Resorts family. Our associates rave about us, and we're eager to show you why!

Thrive in a work environment that rewards your dedication with top-tier compensation, enviable health and welfare benefits, and the work-life balance you've been searching for. Your well-being is our priority, and we make sure it's well taken care of with generous vacation and sick leave policies. Planning for the future? Our robust 401(k) plan comes with substantial company matching contributions, making your golden years shine brighter.

And that's not all — as a respected member of the world's largest hotel company, you'll unlock exclusive access to our vast array of brands with an alluring hotel discount program. At Westin, you're not just choosing a job; you're stepping into a world of opportunities. Ready to rise? We can't wait to welcome you!

Don't meet every single requirement of this job? At HEI we are dedicated to building a diverse and inclusive workplace, so if you're excited about this role but your experience doesn't align perfectly with every qualification in the job description, we encourage you to still send in your information. You may be the perfect candidate for this or for other roles within our organization!
We value U.S. military experience and invite all qualified military candidates to apply.
** Overview
* * Supervises and directs the financial activities of the hotel, safeguards the assets, and prepares all financial reports in accordance with generally accepted accounting principles and HEI Hotels and Resorts Standards.###
** Essential Duties and Responsibilities
** Executive Committee Responsibilities
* Ability to perform special financial analysis as needed and /or requested by General Manager and Corporate Office.
* Provide accurate financial reporting based on the HMA requirements.
* Provide timely and accurate communication with ownership group.
* Practical solutions from a cost vs. benefits viewpoint. Provide accurate policy interpretations.
* Actively participate in Executive Committee and staff meetings.
* Assist other managers in analyzing statements, distributions, and other financial data.
* Support and comply with property standards and Corporate SOP's.Financial and Accounting Practices, Procedures, and Policies
* Skill in correcting deficiencies identified on Internal Audit report.
* Effective use of the Controller's Checklist.
* Maintain effective cash control system with audits and reports for each period.
* Review security over assets and auditing inventories.
* Understanding of all pertinent leases, contracts, agreements, covenants, and restrictions.
* Knowledge of City, County, State sales tax laws and laws dealing with innkeepers, liquor, and labor.

Budget Preparation
* Schedule and coordinate the preparation and presentation of the annual operating budget.
* Coordinate all aspects of the capital expenditures budget according to SOP.Capital Expenditure Control
* Control the Capital Expenditure program and complete ROI Analysis.

Financial Objectives
* Complete entries required for preparation of the financial statements. Review statements for inaccurate data and make corrections within the following period.
* Inform the General Manager and HEI Corporate management of current and potential financial problems.
* Keep management informed of sales and profit attainment throughout the period.
* Coordinate the property's labor management system.

Accounts Receivable
* Maintain appropriate standards for 60-90 day accounts. Conform to standards regarding the average collection period.
* Documenting the local credit policy and auditing property compliances.
* Approve all major accounts for credit as defined by local policy.
*…