Area Director of Finance

Area Director of Finance

As the Area Director of Financewith HVMG, you’ll play a vital role in maintaining the financial health of two of our hotel operations. This role will support our General Managers in the preparation, review, and distribution of all financial statements. 

Key Responsibilities

• Resolve accounting issues and communicate proper procedures to hotels and to the centralized accounting staff.
• Work with internal and external auditors to complete audits as needed.
• Reviews, analyzes, modifies, and implements efficient and effective general accounting processes.
• Ensure all monthly Hotel Financial Statements are prepared in accordance with standards, reviewed for accuracy, and distributed in a timely manner.
• Review Profit & Loss Statements for accuracy. Review and research any entries or results that appear inaccurate, unexplained, or that creates significant variance with planned or historical results.
• Produce monthly financial reports in accordance with Hotel Management Agreement and HVMG established deadlines
• Assist Regional Controller with research as it relates to requests made by owners and other key stake holders
• Work with takeover teams for the smooth transition of new properties into the system. This includes but is not limited to verifying accuracy of mapping, review of inherited balance sheet and bank accounts and bringing any open or unresolved issues to the Regional Controller within the first 90 days of transition.
• Work with Staff accountants to review and prepare monthly Balance Sheet reconciliations. Ensure reconciliations are accurately completed, fully supported and can be explained to key stake holders. Post adjusting entries related to reconciliations in a timely manner.
• Produce weekly and monthly cash forecasts, ensure hotel has adequate funds at all times
• Review all accounts payable invoices at hotel level for reasonableness and accuracy before posting.
• Review payroll upload files at hotel level for accuracy before posting.
• Assist Regional Controller with fixed asset additions for proper coding and update depreciation schedules.
• Prepare and process for payment, all operational tax returns for the hospitality operations within their portfolio; Sales, Use, Transient Occupancy, Telecommunications, etc. All payments and reports must be paid and filed in accordance to the local municipalities deadlines to avoid late fees or penalties
• Work with the properties to maintain a Critical Date List database of all licenses, business permits, contracts, leases, and other legal obligations to ensure all are current and maintained in accordance to the appropriate documents. Monitor list quarterly to ensure there are expiring license or permits. Follow up with properties as needed.
• Reconcile CAM fees on an annual basis and communicate to tenants, ownership and third party managers any required changes.
• Review credit card fees and bank fees for reasonableness.
• Review credit card chargebacks on a monthly basis for reasonableness
• Implement annual property review procedure with GM’s to assure proper front office and POS system collections for sales and occupancy taxes.
• Identify, resource, lead and solve opportunities within the team and across the key systems to make accounting functions and processes more efficient for the company. These opportunities will (a) be within the SageIntacct, ProfitSword, Sharepoint and other related platforms, (b) involve cost-effective outsourcing, process mapping and reengineering, and training delivery of identified accounting processes and tasks, (c) require becoming the company’s subject matter expert on one or more accounting topics, and (c) benefit corporate or property-level accounting tasks.
• Approach all encounters with clients and team members in a friendly, service-oriented manner.
• Maintain regular attendance in compliance with HV standards, as required by scheduling, which may vary according to the needs of the Accounting Department.
• Maintain high standards of personal appearance and grooming.
• Comply at all times with HV standards and regulations to encourage safe and efficient operations.
• Maintain a friendly and warm demeanor at all times.

Education & Experience

• Bachelor’s Degree from a four-year college or university with a degree in business required, preferably in finance or accounting or an equivalent combination of education and experience.
• 2 to 5 years of hospitality industry experience either corporate/ regional or on-property related experience and training in the hospitality industry; Experience in closing multiple hotels in a centralized environment using Sage Intacct, or equivalent systems.

What You’ll Need to Succeed

• Eligible to work in the United States
• Ability to read, write, and communicate effectively in English
• Ability to sit, stand, bend, kneel, and lift as required—with or without reasonable accommodations
• Availability to work a flexible schedule, including evenings, weekends, and holidays if needed
• A warm, professional demeanor that reflects HVMG’s Culture of Excellence
• Experience with Sage Intacct, ProfitSword Suites, and Hotel Effectiveness
• Extensive knowledge of financial statement preparation, accounts payable, payroll, and income audit back-of-house hospitality systems.
• Strong knowledge of Generally Accepted Accounting Principles
• Ability to define problems, collect data, establish facts, and draw valid conclusions.
• Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.
• Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations.
• Ability to write reports, business correspondence, and procedure manuals.
• Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public.

Why Our Associates Love HVMG

• Career growth opportunities across our nationwide portfolio
• Flexible scheduling (full-time and part-time options)
• Access up to 40% of your earned wages before payday with PayActive
• Paid Time Off (PTO) and Paid Holidays
• Full healthcare benefits: medical, dental, and vision
• 401(k) with guaranteed 4% match and no vesting period
• Exclusive hotel and food & beverage discounts

About HVMG

Our Be Excellent culture is more than just words on a website -- we live and breathe it. As one associate said in an anonymous survey, "This is the best management company I've ever worked for. They walk the talk from the corporate office to the field."We believe that the hotel business is one of the few industries in which successful career paths can start anywhere on the org chart. You control your destiny, and, if our executives are any indication, today's dishwasher can be tomorrow's Senior Vice President.

The above job description is not an exhaustive list of all the duties and responsibilities of the position, nor should it be construed as a contract.

HVMG  is an equal opportunity employer. We will not discriminate against employees or applicants for employment on any basis prohibited by federal, state, or local laws. This policy governs all aspects of employment, including selection, job assignment, compensation, promotion, discipline, termination, and access to benefits and training.

 and training.