Area Director of Finance| HYBRID based in Los Angeles, CA

Job Description

Job Description

Hotel Equities is searching for an outstanding Area Director of Finance based in Los Angeles, CA . As an award-winning hotel ownership, development, and management company. We offer competitive pay and benefits, united with our team-focused approach.

Job Overview:

As an A rea Director of Finance , you will be responsible for overseeing the financial operations of multiple properties within a designated region. Your primary role involves managing a team of accountants, ensuring accurate financial reporting, implementing internal controls, and providing strategic financial guidance to optimize performance across all properties.

Key Responsibilities:

1. Financial Management:

• Oversee the financial activities of multiple properties, including budgeting, forecasting, and financial analysis.
• Ensure compliance with accounting principles, regulatory requirements, and company policies.
• Monitor financial performance metrics and provide insights to drive decision-making.

2. Team Leadership:

• Lead and mentor a team of accountants across various properties.
• Foster a collaborative and high-performing work environment.
• Provide guidance, training, and professional development opportunities to team members.

3. Financial Reporting:

• Prepare and review financial statements, variance analyses, and other financial reports.
• Ensure accuracy and timeliness of financial reporting processes.
• Communicate financial results to management and stakeholders effectively.

4. Internal Controls:

• Develop and implement internal control procedures to safeguard assets and ensure compliance with financial regulations.
• Monitor adherence to internal controls and address any deficiencies identified.

5. Budgeting and Forecasting:

• Coordinate the budgeting and forecasting process for each property within the region.
• Analyze budget variances and recommend corrective actions as needed.
• Assist in long-term financial planning and strategic decision-making.

6. Audit and Compliance:

• Liaise with external auditors and facilitate the audit process for all properties.
• Ensure compliance with audit requirements and address audit findings in a timely manner.
• Stay abreast of changes in accounting standards and regulatory requirements.

7. Financial Systems and Processes:

• Evaluate and streamline financial systems and processes to improve efficiency and accuracy.
• Identify opportunities for automation and optimization of financial workflows.

As an Area Director of Finance, you play a pivotal role in driving financial performance and ensuring compliance across multiple properties. Your leadership, expertise, and strategic vision contribute to the success of the organization and help achieve its financial objectives.

You are:

• Bachelors degree in Accounting, Finance, or other business-related field of study required; Masters degree in Accounting preferred
• Prior experience in Hotel Accounting is preferred
• Demonstrated proficiency in Internal Controls
• Experience in managing Accounting close processes
• Expertise in Financial Reporting
• Expertise in Budget and Forecasting
• Ability to create and analyze Cash Flow Reports
• Experience in conducting Balance Sheet Reviews.
• Comfortable working a HYBRID schedule living in or around Los Angeles, CA

We are:

Hotel Equities is an award-winning hospitality company with a diverse culture and a unique environment that empowers our team to exceed guests' expectations and make a distinct difference in people's lives.

At Hotel Equities, we have redefined business culture and captured it in our core values. From our Atlanta-based headquarters throughout all of our hotels, these values aren’t posted on a wall and are ignored. They define who we are and how we conduct ourselves with investors, guests, and one another.

Vision & Mission - Hotel Equities Atlanta, Georgia

What we can offer you:

• Salary $150k-$165k
• Health, vision, and dental insurance
• 401(k)
• Cell phone allowance
• Vacation and Sick Pay
• Paid Holidays
• Discount programs for shopping, travel, tickets and more.
• Access to our Talent team to help you reach your career growth goals.