The Crescent Hotels Group

Description

Conveniently located near Houston's best attractions, shopping and nightlife, the Blossom Hotel is seeking an experienced leader to fill the position of Director of Finance. Crescent Hotels and Resorts is the industry leader in hotel management and we proudly offer robust compensation and benefits packages along with a career path for our associates which celebrates their success.

Crescent was started with a deep belief in our people, encouraging them to apply their energy, passion, and unique abilities to make our hotels run remarkably. Our guests benefit from what each associate does as a part of this shared vision. We live the belief that we are successful because of our associates and that every role is important. As you grow, so does Crescent.

The Director of Finance is responsible for providing ethical and consistent leadership in the financial area of the hotel by supplying management with guidance, training, support and is also responsible for focusing on the profitability of the business, maintaining accurate and timely financial reporting, ensuring acceptable levels of internal controls, ensuring compliance with all federal, state, and local regulations, and safeguarding owners/investors assets.

What will you be doing?

• Evaluate 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, as required to management and ownership.
• Monitor hotel revenues and expenses and ensure the accurate recording in accordance with Crescent Hotels and Resorts established guidelines.
• Monitor the capital planning process by assisting management with calculation of return on capital improvements.
• Ensure hotels' compliance on all regulatory licenses and permits, leases, contracts, and legal agreements.
• Coordinate the completion of all forecasts and budgets as required.
• Analyze financial data and operations in order 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 continually audit all internal financial controls.
• Embrace a continuous growth environment by actively hiring professional staff.
• Continually focus on training and development programs for finance associates.
• Hire, train, supervise and develop staff.
• Maintain compliance with Crescent Hotels and Resorts standards and regulations.
• Ensure proper utilization, maintenance and periodic upgrades of all IT systems and equipment.
• Direct and/or prepare all financial reports in accordance with CHR requirements.
• Review and submit a Daily Revenue Report.
• Ensure timely deposit of all cash and transmission of Credit Cards.
• Review Labor Report for overtime and any variance to Forecast.
• Review departmental Checkbooks and advise of any needed changes.
• Distribute and discuss weekly G/L report with department managers.
• Update GM on any unfavorable financial issues impacting the month.
• Ensure there is sufficient cash to meet all scheduled obligations.
• Reconcile Balance Sheet with proper back up.
• Ensure that all banks are counted.
• Count the main vault.
• Review “Key Financial Controls” Checklist to ensure adherence and compliance.
• Review actual numbers to forecast to find discrepancies in forecasting.
• Participate in the monthly Credit Meeting.
• Actively participate, complete and review the forecast with Department Heads prior to submission.
• Perform any other job related duties as assigned.

What is required?

• A minimum of 5 years of experience in Hotel Accounting in a similar position.
• Native speaking or fluency in Chinese language highly desired.
• College Degree in Accounting.
• Excellent computer skills.
• Communication skills both verbal and written.
• Excellent leadership skills.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

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About Us

The Crescent Hotels Group

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Company Information

The Crescent Hotels Group
Houston