Director of Finance - Kali Hotel
Crescent Hotels & Resorts
Overview
Step into something extraordinary at Kali Hotel & Rooftop, a new member of Autograph Collection within Marriott International's renowned global portfolio. Inspired by the energy and creativity of Los Angeles, Kali blends luxury, culture, and bold design to create a truly unique guest experience—and an equally exciting place to build a career. For hospitality professionals seeking to be part of something distinctive, stylish,
The Kali Hotel is seeking an experienced Director of Finance to elevate our exceptional service. In this key leadership role, you’ll oversee all financial operations, drive profitability, ensure accurate reporting, uphold strong internal controls, maintain regulatory compliance, and protect owner assets—while partnering with leadership to guide and develop the team.
At Crescent Hotels & Resorts, we understand what it takes to be a part of something great. We will encourage you to bring your true self to work every day, we will celebrate you and we will cheer you on as you shine bright in your career journey. Whether it be our health & wellness programs, best in class learning and development or our travel discounts that feed your inner explorer, we work hard to create and deliver on what YOU need. We are ready for you to start your journey with us where You Belong. We Care. Shine Bright.
What We Offer
- Excellent compensation package
- Operational incentive plan eligibility
- An exceptional benefit plan for eligible associates and your family members
- 401K matching program for eligible associates
- Discounts with Crescent managed properties in North America for you and your family members
Essential Job Functions
- Acts as the "Chief Business Officer" to the general manager and EC Team, and is responsible for evaluating the financial impact on business decisions.
- Ensure that all levels of management are promptly notified of any financial deviations from established policies and/or control weaknesses in the hotel.
- Effectively manage and communicate cash flow related issues, including accurate and timely preparation of cash-flow statements, management of receivables, cash balances, control mechanisms and timely deposits of all funds.
- Monitor hotel revenues and expenses and ensure accurate recording in accordance with Crescent Hotels and Resorts guidelines; investigate variances to budget or prior year and offer practical improvement strategies.
- Monitor the capital planning process by assisting management with calculation of return on capital improvements, gathering support and monitoring the bid process, and evaluating scope of work and specifications.
- Ensure hotels\' compliance on all regulatory licenses and permits, leases, contracts, legal agreements, and proper execution of all operational taxes; provide assistance to management in enforcing compliance.
- Coordinate the completion of all forecasts and budgets with active participation of EC Team and department managers.
- Analyze financial data and operations to assist and advise management in maintaining the hotels' financial objectives.
- Ensure that all balance sheet accounts, including bank reconciliations, are reconciled on a timely basis.
- Establish and audit internal financial controls including purchasing, cash handling, disbursements, credit extension, inventories, hotel assets, master keys, payroll, and employee records.
- Support growth by hiring and developing qualified associates who can advance to roles such as Controllers, Assistant Controllers, Accounting Managers, and other finance leaders.
- Focus on training and development programs for finance associates to cultivate top talent.
- Hire, train, supervise and develop staff, including coaching, counseling and discipline.
- Maintain compliance with Crescent Hotels and Resorts standards and regulations to ensure safe and efficient operation of the hotel.
- Ensure proper utilization, maintenance and periodic upgrades of IT systems and equipment.
- Prepare financial reports in accordance with IHR requirements meeting various due dates and deadlines.
Education & Experience
- A minimum of 8 years of related progressive experience in hotel accounting or related field; or a 4-year college degree with an accounting/finance concentration and a minimum of 4 years of related progressive experience; or a 2-year college degree and a minimum of 6 years of related progressive experience.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities. This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.
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