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Hotel. Casino. Private Club. Resort. Vacation Club. Restaurant.

Area Director Of Finance

St. Louis, MO 63104

Posted: 05/07/2024 Country: US Job ID: 1998733 Salary: 125000k/year - 125000k/year State/Province: MO

Job Description

Area Director of Finance - St. Louis, MO Area


About Us

We are a distinguished hospitality company with three hotels located in the heart of St. Louis, Missouri. Our mission is to provide exceptional guest experiences through unparalleled service, meticulous attention to detail, and a passion for innovation. To support our growth and maintain our commitment to excellence, we are seeking an experienced Area Director of Finance to oversee the financial operations of our properties in the St. Louis area.


Position Overview

The Area Director of Finance will be critical in our leadership team, providing strategic financial oversight and direction across all three properties. This individual will be responsible for ensuring each hotel's financial health and performance, driving financial planning, overseeing budget management, and implementing robust financial controls. The role demands a proactive approach to financial management, emphasizing analysis, forecasting, and proactive risk management.


Key Responsibilities

  • Develop and execute financial strategies that align with the company’s growth objectives while maintaining operational efficiency and profitability across all properties.
  • Oversee the preparation of all financial reporting, including monthly financial statements, forecasts, and budgets, ensuring accuracy and compliance with applicable laws and regulations.
  • Lead the financial planning and analysis efforts, providing insight and recommendations to the executive team on financial performance, investment opportunities, and risk management.
  • Manage cash flow, investment, and capital expenditure decisions, ensuring optimal allocation of resources across the portfolio.
  • Collaborate closely with each hotel’s management team to improve financial performance, identifying areas for improvement and implementing best practices in financial management.
  • Develop and maintain strong relationships with external partners, including banks, investors, and regulatory bodies.
  • Uphold the company’s financial policies and procedures, ensuring a strong internal control environment that protects the company’s assets and mitigates risk.
  • Mentor and develop the finance team, cultivating a culture of high performance, continuous improvement, and professional growth.


Qualifications

  • Bachelor’s degree in Finance, Accounting, or related field; CPA or MBA preferred.
  • Minimum of 5 years of experience in financial management, with at least 3 years in a leadership role within the hospitality industry.
  • Demonstrated expertise in financial reporting, budgeting, forecasting, and analysis.
  • Strong leadership skills, proven ability to influence and engage diverse teams and drive results in a complex, multi-site operation.
  • Exceptional analytical and strategic thinking skills, with meticulous attention to detail.
  • Excellent communication and interpersonal skills, with the ability to build relationships at all levels of the organization.


Meet Your Recruiter

Megan Applegate
Franchise Partner

Offering over 18 years of industry-specific management experience in upscale luxury hotels and a Bachelor's Degree in Hospitality, Megan brings exclusive in-sight to her clients by truly understanding their needs in order to match them with the right candidate.

Megan has served on the Board of Directors for the Charlotte chapter of the National Association of Catering & Events for over 5 years. She is also in the elite community of professionals that hold the designation of a Certified Professional in Catering & Events, CPCE.

Megan has the demonstrated ability to find the perfect candidate by uncovering the "why" behind the clients true needs. Her talent lies in her coaching for success, interviewing, negotiation and relationship building skills.

Megan thrives on the success of finding the "perfect match" for both her clients and her talented Hospitality professionals.

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