Director of Finance

Summary:
Join our Finance leadership team as Director of Finance at Hyatt Regency New Orleans, where you'll play a critical role in shaping the financial strategy and performance of one of the city's most iconic hotels. With annual revenues exceeding $100 million, this high-impact leadership position offers the opportunity to oversee a complex financial operation while partnering with an award-winning hospitality brand recognized globally for its culture, diversity, and care for colleagues.

Located in the heart of downtown New Orleans, Hyatt Regency New Orleans features nearly 1,200 guestrooms and over 200,000 square feet of premier event space. Reporting to the General Manager and serving as a key member of the Hotel Executive Committee, the Director of Finance is a collaborative and strategic business partner responsible for guiding financial planning, decision-making, and performance to drive the hotel's profitability and long-term success.

The Director of Finance oversees all financial operations of the hotel, ensuring accuracy, efficiency and adherence to financial regulations and standards. The Director of Finance plans, organizes, directs, and controls the financial and control function of the division, reports operational results, and provides financial support to hotel management. The DOF is expected to embody the following core competencies and the following expertise:

• Financial Management:

• Prepare and review all monthly and annual financial statements. Investigate, review and analyze the variance explanations, involving the department managers in this process. Identify areas for improvement and execute necessary corrective measures as required.

• Manage and lead hotel on and off-site accounting functions to ensure proper fiscal management, timely and accurate reporting, and analysis. This responsibility also includes hotel financial and capital planning, budgeting, month-end financial close, accounting, and cash management.

• Leads the development and implementation of a comprehensive annual business plan aligned with business objectives.

• Lead the property's FF&E reserve and capital planning process. Manage annual and long-term capital plans, monitor project spending against approved budgets, maintain accurate forecasts and reserve schedules

• Complete the year-end process. Review and approve all reconciliations and audit work papers. Coordinate the external auditors' visits, respond to auditor requests, approve all adjustments, reconcile the audited report to the hotels information and approve the audit.

• Internal Controls & Risk

• Ensures adherence to HMA terms and fulfills reporting obligations.

• Maintain adherence to policies and procedures to ensure sound internal controls and segregation of duties.

• Manage SOX Compliance

• Monitor and keep abreast of industry trends, local legislative changes and organizational behavior to inform sound business decisions.

• Operational Leadership:

• Mentor and coach, the finance team providing direction, training, and performance feedback to nurture their professional advancement and growth.

• Support the development of future leaders in ALL areas of the hotel.

• Empower employees with financial insights.

• Supervise the Information Technology and Procurement function. Additionally have a sound understanding of the hotel operational and back-office.

• Cultivates and supports environment receptive to change.

• Business Partner:

• Collaborate with management to devise and implement strategic initiatives aimed at cost efficiency and revenue generation enhancements to achieve business objectives without compromising core business values and relationships.

• Nurture relationship with owners' representative and key stakeholders ensuring timely communication and submission of deliverables.

• Embody a growth mindset and embrace change to drive value to stakeholders.


The successful Director of Finance will be more than a steward of the hotel's financial processes-they will be a Finance Business Partner who connects financial strategy with hotel operations. Through collaboration, sound judgment, a growth mindset, and a deep understanding of the business, this leader will help drive sustainable profitability, strengthen relationships with ownership and stakeholders, and position Hyatt Regency New Orleans for continued success.

Hyatt is a place where high expectations aren't just met-they're exceeded. It's a place of outstanding rewards, where talent opens doors to exciting challenges and career opportunities throughout the hospitality industry. Discover your place to shine in our warm, respectful, and inclusive culture.

All qualified candidates will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status


Qualifications:

• 5 years or more of finance career progression; preferred experience in hospitality, retail, or related industry.
• 2 or more years in Director-level leadership within hospitality or complex environments
• Degree in Accounting, Finance, Hospitality, Business or related field preferred.
• Service oriented style with professional presentations skills
• 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
• Demonstrated ability to effectively interact with people of cultural, disability, and ethnic backgrounds.
• 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