Task Force Director of Finance

Transformation Hospitality Solutions (THS), a hospitality consulting company provides task force, task force to direct hire and direct hire services. THS has delivered over 13,000 projects, supplying talent to 400 hotels, servicing 412 cities across 44 states. THS has worked with 78 different hotel management companies including 60 different brands and 75 independent/lifestyle properties. Our corporate staff are dedicated to the principles of integrity, excellence, and partnership and are always laser focused on service.

Position

Overview:As a Task Force Director of Finance, you will be working at different THS client

locations throughout the United States. This position is a project-by-project basis and requires travel to each project

location. The Director of Finance plays a critical role within an organization, overseeing all financial aspects and contributing to strategic decision-making.

As the Task Director of Finance, you will travel and be onsite at various Hotel properties across the United States.

Details:Assignments start out at 3 weeks minimum with potential to extend and typically last 6-9 weeks if extended.Competitive pay rates, travel costs covered such as flights, lodging and meals.

Qualificationslooking For Hotel Director Of Finance With

experience using Profit Sage and M3.3+ years as a Director of Finance in hotels.Ideally candidates who are currently not employed and open to travel ASAP.

Key

ResponsibilitiesEvaluate the financial impact on business decisions.Ensure that all levels of management are promptly notified of any financial deviations from established policies and/or control weaknesses in the hotel.Effectively manage and communicate cash flow related issues, as required to management and ownership. This includes the accurate and timely preparation of cash-flow statements, management of receivables, cash balances, control mechanisms and timely deposits of all funds.Monitor hotel revenues and expenses and ensure the accurate recording in accordance with the Hotels and Resorts established guidelines. Investigate and critique variances to budget or to prior year and offer practical improvement strategies to management.Monitor the capital planning process by assisting management with calculation of return on capital improvements, gathering support and monitoring the bid process, and evaluating scope of work and specifications.Ensure hotels’ compliance on all regulatory licenses and permits, leases, contracts, legal agreements, and the proper execution of all operational taxes. Provide assistance to management in enforcing compliance on all these items.Coordinate the completion of all forecasts and budgets as required, with the full and active participation of management team.Analyze financial data and operations in order to assist and advise management in maintaining the hotels’ financial objectives.Ensure that all balance sheet accounts, including bank reconciliations are reconciled on a timely basis.Establish and continually audit all internal financial controls including purchasing, cash handling, disbursements, credit extension, inventories, hotel assets, master keys, payroll, and employee records.Embrace a continuous growth environment by actively hiring professional staff and assisting in recruiting, reviewing, recommending and maintaining an inventory of qualified and promotable Associates that can potentially become Controllers, Assistant Controllers, Accounting Managers, and other managers for the organization.Continually focus on training and development programs for finance associates to cultivate the “brightest” and “best” talent within the industry.Hire, train, supervise and develop staff, including coaching, counseling and discipline.Maintain compliance standards and regulations to ensure safe and efficient operation of the hotel.Ensure proper utilization, maintenance and periodic upgrades of all IT systems and equipment.Direct and/or prepare all financial reports in accordance with CHR

requirements meeting various due dates and deadlines.Review and submit a Daily Revenue Report.Ensure timely deposit of all cash and transmission of Credit Cards.Review Labor Report for overtime and any variance to Forecast.Review departmental Checkbooks and advise of any needed changes.Distribute and discuss weekly G/L report with department managers.Update GM on any unfavorable financial issues impacting the month.Ensure there is sufficient cash to meet all scheduled obligations.Reconcile Balance Sheet with proper back up.Ensure that all banks are counted.Count the main vault.Review “Key Financial Controls” Checklist to ensure adherence and compliance.Review actual numbers to forecast to find discrepancies in forecasting to improve accuracy in future months.Participate in the monthly Credit Meeting.

Skills and KnowledgeDynamic, forward-thinking, willing to take strategic risks, and committed to achieving objectives through persistence.Strong organizational, time management, and interpersonal

skills are essential.Candidates should be proactive self-starters eager to learn and contribute, collaborating with colleagues and supporting teamwork by assisting with job

duties as needed.

*Must be a US Citizen or hold a work permit and authorized to work in the United States.