Hotel Director of Finance | Minneapolis Hotel, Depot

The Hotel Director of Finance serves as the property’s strategic financial leader, responsible for optimizing profitability, maintaining the integrity of financial operations, and providing timely and accurate financial information to ownership and management. This position is an active and engaged member of the Hotel Executive Committee and serves as a strategic business partner to the General Manager and department leaders.

Financial Statement Preparation, Review, and Analysis: Oversees the preparation and accuracy of the property’s financial statements, including the balance sheet, profit and loss statement, and cash flow. Responsible for the entire income audit function and ensures the integrity of all revenue sources reported through property management and financial systems. Reconciles control accounts to supporting documentation and prepares general ledger adjusting journal entries at month-end.

Publishes financial statements and prepares monthly variance analysis comparing actual results to budget and prior year.

Financial Controls and Accounting Operations: Oversees accounts payable, accounts receivable, income audit, and outlet accounting procedures. Establishes, maintains, and monitors financial controls to minimize the risk of misappropriation of funds or assets. Evaluates established controls and standardized procedures and identifies opportunities to improve efficiency, accuracy, and compliance. Ensures adherence to CSM accounting, procurement, and operational policies and procedures.

Budgeting and Financial Planning: Coordinates the development of the property’s annual budget and provides financial guidance to department leaders throughout the planning process. Partners with business leaders to improve the quality of financial planning and forecasting and to identify opportunities to improve business performance.

Cash Flow and Accounts Receivable Management: Oversees property accounts receivable, including direct billing and collection activities. Monitors accounts receivable aging, ensures timely billing and collection of outstanding balances, and provides input regarding credit policies and payment standards. Maintains appropriate controls over direct billing customers and coordinates the use of outside collection agencies when appropriate.

Cost and Revenue Management: Partners with department leaders to maximize operational efficiency, revenue, and profitability. Provides financial guidance related to labor and operating expenses, identifies cost‑saving and revenue‑generating opportunities, and evaluates the potential costs and benefits of new business opportunities. Applies sound business judgment and ensures compliance with CSM procurement guidelines.

Strategic Business Partnership: Serves as a trusted financial advisor to the General Manager, Executive Committee, and department leaders. Provides financial and operational insight to support strategic and accurate decision‑making. Proactively analyzes financial and economic trends, identifies performance improvement opportunities, and develops recommendations to improve profitability and return on investment. Communicates financial concepts, results, and recommendations in a clear and persuasive manner that drives understanding and desired business outcomes.

Organizational and Operational Leadership: Provides leadership and direction for the property’s accounting function and serves as a resource to management and staff regarding financial processes, controls, reporting, and procedures. Recommends improvements and alternative approaches to increase departmental efficiency and effectiveness. Maintains strong working relationships with Corporate, Field, and Accounting teams to ensure…