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Head of Internal Audit, Finance

HEI Hotels and Resorts

Director Of FinanceThe Sheraton Pentagon City Hotel is seeking an experienced, strategic, and hands-on Director of Finance to join our Executive Leadership Team. This is an exciting opportunity to serve as a key business partner during an important period of transformation for the hotel. As the property moves through a full renovation and into its next chapter, the Director of Finance will play a critical role in strengthening financial performance, improving operational efficiencies, and supporting sound business decisions across the organization.The ideal candidate is more than an accounting leader-they are a business-minded operator who understands how financial strategy, operational execution, and strong leadership come together to drive hotel performance.Ability to perform special financial analysis as needed and/or requested by General Manager and Corporate Office.Provide accurate financial reporting based on the HMA requirements.Provide accurate policy interpretations.Assist other managers in analyzing statements, distributions, and other financial data.Skill in correcting deficiencies identified on Internal Audit report.Maintain effective cash control system with audits and reports for each period.Review security over assets and auditing inventories.Knowledge of City, County, State sales tax laws and laws dealing with innkeepers, liquor, and labor.Control the Capital Expenditure program and complete ROI Analysis.Complete entries required for preparation of the financial statements. Review statements for inaccurate data and make corrections within the following period.Inform the General Manager and HEI Corporate management of current and potential financial problems.Maintain appropriate standards for 60-90 day accounts. Conform to standards regarding the average collection period.Documenting the local credit policy and auditing property compliances.Approve all major accounts for credit as defined by local policy.Conduct credit and write-off meetings as requested.Submit accurate and timely critiques and credit loss reports as required.Review all major banquet functions and group accounts for proper credit extensions prior to arrival.Maintain standard regarding level of bad debt expenses as related to credit sales.Aggressively fulfill the accounts receivable management responsibilities to maximize receivable realizations.Complete financial required reports and requests from HEI Corporate offices. Establish other reports or documents, outside of SOP's as needed.Reconcile account balances on a current basis.Establish balances in accruals, pre-paid, and other accounts using proper accrual methods and expense realization logic.Calculate various turn ratios and days available for major asset categories and compare to standards (linen, gift shop, food, beverages, guest supplies, and uniforms).Work with Department Managers to control inventory balances according to established realistic pars.Ability to comply with corporate and local policies for wages paid (increases and timing).Establish an effective cross training program within the department.S. in Accounting or Hotel Management preferred.3+ years experience in Hotel or Hospitality related Finance and AccountingAnalytical approach to problems, regard for detail and accuracy.HEI Hotels and Resorts is committed to providing a comprehensive benefit program that offers you choices for your physical, mental and financial wellness, creating value in your most important investment - you! For your physical and mental wellness we offer competitive Medical and Dental programs through Anthem Blue Cross Blue Shield as well as Vision insurance programs through EyeMed. Our Vacation, Sick and Holiday programs are available for you to rejuvenate with time off. For your financial wellness, HEI provides a wide array of coverage, including Supplemental, Spousal and Child Life insurance as well as Short and Long-Term Disability plans. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, and other legally protected characteristics.

Vacancy posted 4 days ago
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