Regional Director of Finance

Company: Kirkwood Collection
Location: Beverly Hills
Posted on: July 30, 2022

Job Description:

Job SummaryDirect and plan financial activities of Accounting Department and associated operations such reporting, IT, sourcing and procurement, interdepartmental and vendor relations to ensure areas are managed to optimize portfolio profitability. This role is responsible for all aspects of financial management, including corporate accounting, site-level accounting, regulatory and financial reporting, budget, and forecasts preparation. -This position will also be responsible for supporting all property level team members as it relates to accounting matters. Approximately 10-20% of time for this position will be spent traveling to Kirkwood's hotel properties to audit, improve, and report back on site-level procedures.Primary Job Duties

• Supervise team performing accounting functions that include billing, accounts receivable, accounts payable and general ledger
• Strategic thinker with the ability to formulate effective goals, objectives, and priorities with a long term perspective
• Prepare the financial documents within the time frames supplied in the closing schedule and according to the Company Policies and Procedures, Generally Accepted Accounting Principles, and the Uniform System of Accounts for Lodging Industry.
• Work with site-level teams to ensure semi-monthly payroll is processed timely
• Ensure all financial reports, budgets, forecasts, and other information required by the company are accurately compiled and submitted within the specified time limits, identifying variances, and making recommendations for improvements as appropriate.
• Ensure successful cash management, compliance with investor agreements and attendant legal documents.
• On a monthly basis, maintain balance sheet analysis with full supporting detail and prepare accurate forecasts and cash flow statements upon request.
• Ensure all legal, treasury, and tax documentation is properly maintained and secured, and that all statutory and fiscal reporting requirements are satisfied, which includes any governmental requirements for permits and licenses.
• Establish and maintain relationships with individual or business customers or provide assistance with problems these customers may encounter.
• Ensure adequate controls are installed and maintained for the protection of the property's assets against loss or misappropriation.
• Coordinate and lead variance meetings with site-level and corporate management teams
• Assist site-level managers to improve their financial awareness and provide them with relevant financial information for their operations
• Assist operations to improve the accuracy of work schedules and set labor standards to maximize productivity. Monitor and accurately measure actual labor usage versus labor standards to ensure timely reporting and decision-making.
• Ensure timely and accurate reporting to insurance carriers of all incidents with potential liability or property claims.
• Ensure timely and accurate sales, use and occupancy tax return, and compliance form filing preparation as required.
• Ensure adequate insurance coverage and COI's provided by third-party contractors.
• Ensure integrity and efficiency of computerized data processing functions.
• Recruit and manage qualified Accounting staff, communicate goals, recommend and/or initiate salary, disciplinary, or other staffing-related actions per company rules and policies, and applicable federal, state and local laws.Education and Experience
  • 5+ years of progressive hotel accounting experience at the property or corporate level
  • At least 3+ years of supervisory experience
  • Experience managing tight deadlines and working with remote teams

Keywords: Kirkwood Collection, Beverly Hills , Regional Director of Finance, Accounting, Auditing , Beverly Hills, California