Director of Finance

Summary:
Be part of our Finance team as Director of Finance at the Grand Hyatt Indian Wells Resort and Spa. Located in Greater Palm Springs, Grand Hyatt features 531 newly transformed luxury guestrooms, suites, casita-style villas, and two brand-new Celebrity Chef food & beverage venues. Set within the perfect backdrop of scenic Indian Wells, this property is a destination favorite as it is positioned to take hospitality to a new level in the destination.

At Hyatt, we believe our guests select Hyatt because of our caring and attentive associates who are focused on providing efficient service and meaningful experiences.

As a member of the Leadership Committee, the Director of Finance is a highly visible role with exposure to Senior and Corporate leadership. This position reports to the hotel General Manager. The Director of Finance plans, organizes, directs, and controls the accounting and control function of the division, reports operational results, and provides financial support to hotel management.

The salary range for this position is $150,000-$180,000. This position is eligible for Incentive Compensation bonus. This is the pay range that Grand Hyatt Indian Wells reasonably expects to pay. Decisions regarding individual salaries will be based on a number of factors, such as experience and education.

The role of the hotel Director of Finance as the hotel's "Chief Financial Officer" can be categorized into four main areas of discipline as described below.

• Financial Management: Oversight of generating accurate and reliable financial reports, data, and analysis; month-end financial close; forecasting/budgeting; internal/external audits; owner/corporate reporting, etc. • Operational Leadership: Cultivating finance talents and non-finance functional team leaders in financial literacy; prioritizing inclusion, diversity, and equity; colleague wellbeing; operational efficiency improvement; accountability, etc. • Internal Controls and Risk: Risk assessment and risk mitigation; maintaining internal controls and segregation of duties; keeping up with local legislation changes; contract/license/permit administration, etc. • Business Partner: Providing actionable analytical insights to maximize business results; offering financial perspectives and insights to support strategic decision-making; implementing processes; and partnering with the operational team to optimize targeted results and track and measure performance.

Duties include:

• Responsible for short- and long-term planning and the management of the accounting function • Participate in total hotel management as a member of the Hotel Leadership Committee • Manage and lead hotel on-site accounting functions to ensure proper fiscal management, timely and accurate reporting and analysis for the hotel. This responsibility also includes hotel financial planning, budgeting, accounting, and cash management • Assist in nurturing the important relationship with the owners. Be responsible for supervising and coordinating owner reporting as required. Provide custom reports, respond quickly to questions or requests, and attend meetings • Provide actionable analytical insights to maximize core business results as well as forward-looking strategies to enhance and revolutionize hotel performance and optimize stakeholder value • Enable disciplined resource allocation to promote and enable smart and proactive decisions • Manage SOX compliance • Complete the year-end audit process. Review and approve all reconciliations and audit work papers. Coordinate external auditor visits, respond to auditor requests, approve adjustments, reconcile audit numbers to property numbers, and approve the final audit • Prepare and review all monthly and annual financial statements. Investigate, review, and analyze variance explanations, involving department managers in this process. Take initiative to manage and troubleshoot respective cost controls and revenue enhancement • Aid in the preparation and final review of the annual business plans • Supervise the Information Technology function. Additionally, have a sound understanding of hotel operational and back-office systems as well as Microsoft Office products • Have a sound understanding of the forecasting system and the tools from Revenue Management. Review monthly and quarterly property financial forecasts and ensure the forecast is attainable • Coach and counsel employees to reflect Hyatt service standards and procedures. Hyatt associates work in an environment that demands exceptional performance yet reaps great rewards • Cultivate people leaders so they are more enabled and accountable for advancing care for colleagues • Prioritize inclusion, diversity, and equity • Monitor and keep up with organizational behavior and industry trends that create value • Maintain accountability for business strategic initiatives without compromising core business values, relationships, and mission • Embrace change - technology-enabled management using collaboration tools to reduce manual work and new behavioral techniques to get the best of the staff's talent

Benefits:

Hyatt colleagues work in an environment that demands exceptional performance yet reaps great rewards. Hyatt has the best to offer, including:

• Medical, Dental, and Vision after 30 days of Full-Time employment • Paid holidays, vacation, and sick leave • Life Insurance, 401(k) with Matching, Flexible Spending Account (FSA), Employee Assistance Program, Tuition Reimbursement, Complimentary Employee Meal, Complimentary Parking, Referral Bonuses • Free room nights, discounted room nights, and Friends and Family discounts (subject to waiting periods) • Unlimited growth potential with Hyatt. Ability to relocate for advancement opportunities in the future • Teaching hotel where you can learn from some of the best in the business


Qualifications:
• Demonstrated ability to effectively interact with people of diverse socioeconomic, cultural, disability, and ethnic backgrounds

• 6 years or more of progressive hotel Accounting experience

• With opening hotels, previous hotel pre-opening experience preferred

• Service oriented style with professional presentations skills

• Hospitality or Accounting degree preferred

• Must possess the following strengths: high energy, entrepreneurial spirit, motivational leader, effective communicator, effective in providing exceptional customer service and ability to improve the bottom line

• Clear concise written and verbal communication skills in English

• Must be an advanced user of Microsoft Word and Excel

• Must have excellent organizational, interpersonal and administrative skills

• Maintain communications with Corporate Staff