About UsHEI manages an unparalleled portfolio of leading full-service branded hotels and luxury and lifestyle independent hotels across the U.S. We are the acknowledged experts on upper-upscale, luxury, and premium select-serve hotels in urban, super-suburban, and destination locations.At HEI, we recognize that our enormous success is solely the result of our greatest asset: Our People. Where people work is a choice. Against that choice, our greatest obligation is to ensure day in and day out that our associates have the compensation and benefits they deserve and industry leading tools, training and support that they need to excel. At HEI, simply said, we honor the privilege of our associates choosing us by investing in and making them more valuable.Don't meet every single requirement of this job? Studies have shown that women and people of color are less likely to apply to jobs unless they meet every single qualification. At HEI we are dedicated to building a diverse and inclusive workplace, so if you're excited about this role but your experience doesn't align perfectly with every qualification in the job description, we encourage you to still send in your information. You may be the perfect candidate for this or for other roles within our organization!We value U.S. military experience and invite all qualified military candidates to apply.OverviewThe Enterprise Director of Finance is responsible for day to day accounting, forecasting accuracy, and budgeting of assigned HEI assets. This individual is responsible for the month end close process, balance sheet reconciliation, process improvement, and the control environment of each assigned hotel. The Enterprise Director of Finance will train property staff to ensure they understand HEI operating policies and appropriate usage of all relevant financial systems and protocols Responsibilities
Supervise hotels in preparing their monthly hotel forecast, annual operating budget, and monthly financial statements. Directs and/or prepares all financial reports in accordance with HEI’s requirements meeting various due dates and deadlines.
Reviews Balance Sheets for completeness & accuracy denoting any material risks with the appropriate follow-up and communication to properly resolve.
Evaluates compliance with Internal Audit Program through evaluation and periodic testing of particular components.
Analyzes and participates in monthly financial reviews in order to assist and advise management in maintaining the hotels’ financial objectives.
Performs monthly meetings and, at a minimum, once per quarter in-person visit with assigned properties to reinforce training with HEI Tools, Rhythms, and Checklists for compliance and appropriate usage.
Acts as a liaison between Ownership and Property team to advise on Financial or Compliance initiatives.
Directly supervises the on-property Finance leadership team in Hiring, Development, Mentorship, and Performance Evaluation
QualificationsEducation and Experience
Bachelor’s Degree in Accounting, Finance or related field required.
A minimum of 5 years’ experience in Finance, Accounting or related field.
Sound experience working within the hotel or service industry preferably in a multi-unit capacity.
Previous Multi-Property and/or Director of Finance experience recommended
Knowledge, Skills and Abilities
Knowledge of hotel month-end, budgeting, forecasting, and financial preparation process.
A high level of Finance, Accounting, Strategy and Analysis knowledge and skills.
A deep understanding of the hospitality industry, including all facets of development, opening, operating, conversion and transition, owner relations and revenue management. Ability to create complex models utilizing Microsoft Excel.
A strong ability to successfully direct multiple and complex project work streams to successful completion.
An effective leader of change with an ability to communicate, instruct and engage internal talent in order to achieve ongoing and effective change.
BenefitsHEI Hotels and Resorts is committed to providing a comprehensive benefit program that offers you choices for your physical, mental and financial wellness, creating value in your most important investment - you!For your physical and mental wellness we offer competitive Medical and Dental programs through Anthem Blue Cross Blue Shield as well as Vision insurance programs through EyeMed. Our Vacation, Sick and Holiday programs are available for you to rejuvenate with time off. HEI also provides pet insurance through the ASPCA. For your financial wellness, HEI provides a wide array of coverage, including Supplemental, Spousal and Child Life insurance as well as Short and Long-Term Disability plans. Our 401(k) Savings Plan with matching funds, and discounts through our 'YouDecide' and Hotel Room Discount programs provide additional incentives for choosing HEI as the employer of your future. Specific details and eligibility of these programs vary by location and employment status. Work today, get paid today! We proudly partner with DailyPay, a voluntary benefit that allows our associates access to their earnings when they want them. HEI Hotels and Resorts is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, and other legally protected characteristics. Applicants with arrest or Conviction records will be considered for Employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers, the San Francisco Fair Chance Ordinance and the California Fair Chance Act. Job LocationsUS-CT-NorwalkPosted Date7 hours ago(8/15/2024 2:21 PM)Requisition ID2024-50420CategoryAccounting/FinancePosition TypeRegular Full-TimeFLSA StatusExemptLocation NameHEI Hotels and ResortsMinUSD $145,000.00/Yr.MaxUSD $170,000.00/Yr.Discretionary Performance Bonus EligibleYes