Vice President of Hotel Finance

Key Responsibilities

Financial Leadership & Strategy

• Develop and execute comprehensive financial plans including profit strategies, forecasts, expense budgets, and capital planning

• Provide strategic financial guidance to Regional Directors of Finance (RDOFs) and property leadership

• Monitor financial performance and ensure accurate, timely reporting to executive leadership and ownership

• Oversee capital planning processes and ensure ROI models are aligned with company standards

Compliance & Internal Controls

• Ensure full compliance with accounting policies, legal requirements, contracts, and internal audit procedures

• Identify and address operational and control risks across the portfolio

• Lead responses to tax audits and regulatory inquiries when required

Operational Excellence

• Implement standardized financial systems, tools, and reporting across assigned properties

• Evaluate deviations from financial plans and recommend corrective action

• Ensure receivables, cash flow, and revenue recognition are managed in accordance with Crescent standards

Leadership & Talent Development

• Lead, mentor, and evaluate Regional Directors of Finance

• Drive performance management, training, succession planning, and recruiting of finance leaders

• Promote a continuous improvement culture focused on efficiency, profitability, and professional growth

Collaboration & Communication

• Serve as a financial consultant to operational leaders on business decisions

• Facilitate strong communication between properties, corporate leadership, and ownership groups

• Promote synergy among hotels to maximize collective financial performance

Reporting & Deliverables

• Daily: Income journals, revenue reports

• Weekly: Cash balance reporting

• Monthly: Financial statements, forecasts, cash flow reports, executive summaries

• Semi-Annual: Property ICQ submissions

• Annual: Budgets, capital planning, cash flow statements

Company Overview

Crescent Hotels & Resorts is a nationally recognized operator of premier hotels and resorts. As a multi-state employer, the compensation range for this position may vary based on location, experience, and market conditions.

If you are a strategic financial leader with a passion for driving profitability, developing high-performing teams, and influencing executive-level decisions, we invite you to apply.

“Salary and Other Compensation:

The annual starting salary for this position is between $150 - $200k annually. Factors which may affect starting pay within this range may include [geography/market, skills, education, experience and other qualifications of the successful candidate].