The Opportunity – Job Summary
Evolution Hospitality is looking for a talented Task Force Director of Finance to join the corporate Finance team.
The Task Force Director of Finance is a position that will require a significant amount of travel and will be mainly responsible for onboarding all new hotel properties and covering any open finance positions throughout the organization.
As the main finance representative for all newly acquired properties, the Task Force Director of Finance will be responsible for completing property budgets, forecasts, profit and loss reporting, and account reconciliation for operating and balance sheet accounts. The Task Force Director of Finance must posses poise and confidence in group settings as he/she will participate in initial budget presentations to new owners and asset managers. The Task Force Director of Finance will lead the recruiting efforts for hiring permanent property finance teams and training them in all daily, weekly and month end activities.
The Task Force Director of Finance will also be responsible for providing coverage in any of our existing properties in any open position as needed. In this role, the Task Force Director of Finance may be required to directly oversee any accounting activities related to income auditing, cashiering, accounts payable processing, accounts receivable collection, tax compliance, payroll, month end processing, and condo-owner accounting.
Ensuring financial controls, accurate reporting, smooth acquisitions and property profitability is a big job and not for the faint of heart, but you won’t be alone. There’s an entire crew of passionate Evolution Hospitality professionals ready, willing and able to support you.
Job Responsibilities
Ensures Successful Acquisitions and Dispositions of Hotel Properties
• Leads finance and operations teams in the completion of asset evaluations and property acquisition/dispositions for all finance related action items
• Completes full / stub-year budgets for all new properties
• Recruits, hires and trains all new finance team members in new properties
Covers any Open Positions in existing properties and fulfills any/all of the following responsibilities based on the job assignment:
Manages Processes and Controls
• Verifies the accuracy and timeliness of all finance functions: daily and month end reporting, payroll processing, income audit, accounts payable, accounts receivable, and cash and credit card management
• Completes comprehensive month end to include preparing journal entries and accruals, completing cost of sales entries, reconciling balance sheet accounts, ensuring proper tax reporting and analyzing profit performance
Develops and Achieves Financial Goals
• Creates annual operating plans that are aligned with the company’s strategic direction
• Provides analytical tools and support to department heads during budget preparation
• Leads the sales and operations team in creating accurate monthly forecasts that allow the team to react to changes in business levels
• Implements and upholds business practices that positively support our obsession with having sales driven culture
Drives Profit - Manages Middle of the Page
• Ensures monthly P&L’s reflect accurate revenues, expenses and cost of sales calculations
• Analyzes daily, monthly variances between actual, forecasted and budgeted performance
• Advises GM and hotel team on existing and upcoming financial and operational issues
• Analyzes financial data and operational and market trends to identify opportunities for improvement
• Leads the properties in a developing and maintaining a strong labor culture that maximizes productivity performance
• Facilitates monthly P&L reviews to uncover challenges, opportunities and trends
Protects Owners Assets
• Manages capital expense budgets and reconciles expenditures monthly
• Ensures strong accounting and operational controls to safeguard assets and maximize profits
• Oversees internal and city audit processes
• Manages the accurate collection, posting and reconciliation of occupancy taxes, sales taxes and transient marketing district (TMD)fees
• Reconciles balance sheet accounts monthly and ensures totals are supported by appropriate documentation
Demonstrates Leadership and Strategic Decision Making
• Thinks creatively and practically to develop, execute and implement business strategies
• Utilizes effective interpersonal and communication skills to lead, influence and drive the performance of others
• Leads by example by demonstrating honesty and integrity in all business and personnel decisions
• Leverages strong financial and operational leadership skills to guide the executive team, influence property focus areas and to lead own department
• Communicates complex financial concepts and expectations in a clear manner that drive results
• Possesses behavioral styles that conveys confidence and commands respect from others
• Maintains peak performance levels under pressure and in a dynamic work environment
• Sets high standards for performance and holds the team accountable for results
• Supports and brings to life the properties’ core values and kick ass service culture
Job Requirements
If you’re an experienced, high energy finance professional and a creative, innovative thinker, you just might be the candidate that we’re looking for. The ideal candidate will meet the following requirements:
• Possess a 4-year Bachelor Degree in Finance/Accounting and a minimum of 8-10 years of experience in a finance leadership position
• Experience with budgeting, forecasting, profit and loss reporting and balancing ledgers for operating and balance sheet accounts
• Aptitude for performing numerical analysis of data and formulating conclusions and/or solutions
• Ability to use logic to define a problem, collect information, establish facts, draw valid conclusions, interpret information and deal with abstract variables for unique or unfamiliar situations
• Proven leadership and coaching skills with a track record of developing a highly motivated and cross trained group of progressive accounting professionals
• Ability to clearly and concisely present technical subjects
• Must possess strong oral and written communication skills and the ability to conduct effective group meetings and presentations
• Ability to comprehend and use technical or professional language, either written or spoken, to communicate complex ideas
• Superior Computer skills: Microsoft Office, POS/PMS systems, and the ability to create, maintain and analyze data in Excel spreadsheets
• Ability to work a varied schedule, including days, evenings, weekends, holidays, and extended hours, based on business needs
• Ability to travel regularly
An Equal Opportunity Employer
About Evolution Hospitality
Headquartered in Orange County, CA, Evolution Hospitality is one of the top privately-owned hotel management companies in the US. Evolution Hospitality has a well-defined vision, a strong sense of values and guiding principles, and a long-range, quality-minded approach to business. From unassuming beginnings with a single property, today Evolution Hospitality is recognized as a first-class operator of hotels.
We are proud to offer candidates a dynamic career, personal growth, a strong tradition of mutual trust, integrity and an opportunity to make an impact on the business. Simply put, it means that it feels a bit different to work here. We are universally driven by our fundamental values and beliefs. At Evolution Hospitality, all associates are selected and evaluated on two criteria equally: results and culture. Honesty and humility are equally important as intellect and ability, and each member of the team embraces the challenge of becoming a better human being, both personally and professionally, as part of the package. Superstars are those individuals that not only create value for the company but also genuinely embrace and live Evolution Hospitality’s unique culture.
Are you ready to evolve? If you are interested in establishing a solid career and taking giant strides in personal growth, Evolution Hospitality is just the family you’re looking for.
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