Financial Officer

Average Wage in King County, Not Seattle $75,000-$95,000

This range is drawn from publicly available job-posting data and serves as a general reference, not a wage standard for all employers. Wages vary based on property size, location, service model, overtime structure, and total compensation.

Experience Needed 5-7 years

Education Required Bachelor's degree

A Financial Officer in the full-service hospitality industry is responsible for overseeing all financial aspects of a hotel, resort, or restaurant operation. They manage budgeting, financial planning, risk management, and record-keeping to ensure financial health and compliance with regulations.

• Develop and maintain budgets for all departments within the establishment
• Analyze financial data and prepare reports for management
• Oversee accounts payable and receivable operations
• Monitor cash flow and manage banking relationships
• Ensure compliance with tax laws and financial regulations
• Develop financial strategies to improve profitability
• Manage financial risk and insurance policies
• Collaborate with department heads on budget planning
• Present financial performance metrics to ownership and management

Strong understanding of accounting principles and financial management. Proficiency with hospitality-specific financial software and reporting tools. Analytical thinking and problem-solving abilities. Excellent communication skills for explaining financial concepts. Detail-oriented with high accuracy in financial reporting. Strategic planning and forecasting capabilities. Knowledge of hospitality industry financial benchmarks and KPIs. Risk management and compliance expertise. Leadership and team management abilities