Director of Finance
$155k - $165kProper Hospitality
Proper Hospitality is seeking a Director of Finance at Montauk Yacht Club, our 107-room luxury property within The Collective.
Spanning 35 acres on Montauk's Star Island, Montauk Yacht Club offers waterfront views, a private beach, three pools, multiple dining options and over 200 wet slips that can accommodate boats from small day cruisers to 300-foot superyachts. Holding eight decades of East End history as an elite social club and thoughtfully reborn for the modern traveler, guests can expect classic East Coast architecture, well-appointed interiors and detail-driven amenities.The Director of Finance serves as a strategic partner to the General Manager and Executive Leadership Team, responsible for overseeing all financial operations. This role ensures financial health, supports strategic decision-making and aligns financial practices with Montauk Yacht Club's vision of delivering exceptional guest experiences. Our ideal candidate combines strong analytical acumen with a deep understanding of hospitality operations, emphasizing proactive financial management and operational excellence. Key Responsibilities Financial Planning & Strategy
- Develop and implement Montauk Yacht Club's financial strategy, ensuring alignment with long-term business objectives
- Lead the annual budgeting process, including forecasting, capital expenditure planning and long-term financial modeling
- Provide strategic insights and recommendations to optimize revenue, profitability and operational efficiency
- Oversee day-to-day financial operations, including accounts payable, accounts receivable, payroll and cash management
- Ensure accurate and timely preparation of financial reports, including P&L statements, balance sheets and cash flow projections
- Monitor working capital and manage liquidity to support operational needs
- Ensure compliance with all financial regulations, tax laws, and corporate policies
- Manage internal and external audits, maintaining strong internal controls and financial integrity
- Identify and mitigate financial risks through sound analysis and proactive measures
- Collaborate with the Revenue Management team to analyze market trends, pricing strategies and revenue performance
- Evaluate financial impacts of sales, marketing and operational initiatives to drive profitability
- Lead and mentor the Finance team, fostering a culture of collaboration, accountability and excellence
- Provide financial training and guidance to department heads to enhance overall fiscal understanding
- Oversee the implementation and optimization of financial systems, tools, and software
- Leverage technology to streamline financial processes and improve data-driven decision-making
- Bachelor's degree in Finance, Accounting, or a related field; CPA, CFA, or MBA preferred
- Minimum of 5-7 years of financial management experience, preferably in luxury hospitality or boutique hotel settings
- Proven track record of successful financial leadership and strategy implementation
- Exceptional financial acumen with strong analytical and problem-solving skills
- Deep understanding of hospitality financial metrics, including RevPAR, ADR, GOPPAR, and labor cost management
- Excellent communication and interpersonal skills, with the ability to influence stakeholders at all levels
- Proficient in financial systems (e.g., Opera, Micros, SAP, QuickBooks) and advanced Excel capabilities
- Strong leadership and team-building capabilities with a focus on developing talent
- High integrity, professionalism and commitment to ethical practices
- Adaptability in a fast-paced, dynamic luxury hospitality environment
- A collaborative and service-oriented mindset
- $155,000-165,000
*Additional Compensation: This position is eligible for a discretionary annual bonus of up to 25% base salary.
At Proper, we build experiences that move people - and that begins with the team behind them. As a best-in-class employer, we're committed to creating one of the Best Places to Work in hospitality by nurturing a culture where creativity, excellence, and humanity thrive together. Everything we do is grounded in the belief that hospitality is more than a profession - it's an opportunity to care for others and make lives better. Guided by the Pillars of Proper, we show up with warmth and authenticity (Care Proper), strive for excellence in everything we do (Achieve Proper), think creatively and resourcefully (Imagine Proper), and take pride in the style and culture that make us who we are (Present Proper). We believe our people are our greatest strength, and we invest deeply in their wellbeing, growth, and sense of belonging. From comprehensive benefits to meaningful development programs, Proper is designed to help you build a career, and a life, that feels as inspiring as the experiences we create for our guests. Our Commitment: Building the Best Place to Work Our Best Place to Work initiative is a living commitment - a continuous investment in our people, our culture, and our purpose. We listen, learn, and evolve together to create an environment where everyone feels empowered to imagine boldly, achieve confidently, care deeply, and present themselves authentically. At Proper, joining the team means more than finding a job - it means joining a community that believes in building beautiful experiences together, for our guests and for one another.
Vacancy posted 4 days ago
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