Complex Director of Finance

At Crescent Hotels & Resorts, we are a team of hospitality professionals that are deeply connected to & proud of the exceptional experiences we provide for our guests. More than that, we know our Associates are the shining stars of what we do! 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. Elevate your career at VEN at Embassy Row, where modern luxury meets the energy of one of Washington, D.C.'s most iconic neighborhoods. Nestled in the heart of historic Embassy Row, this upscale lifestyle hotel offers thoughtfully designed guest rooms, a lively rooftop pool and bar, destination dining, and versatile event spaces that welcome everyone from global diplomats to discerning travelers. This is an exceptional opportunity to lead the financial strategy for a one-of-a-kind property where innovation, culture, and hospitality come together. JOB SUMMARY 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 and support. The Director of Finance 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.

Responsibilities

Acts as the 'Chief Business Officer' to the general manager and EC Team; 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 established guidelines; Monitor the capital planning process; Ensure hotels’ compliance on all regulatory licenses and permits, leases, contracts, legal agreements, and proper execution of all operational taxes; Coordinate completion of all forecasts and budgets; Analyze financial data and operations; Ensure all balance sheet accounts, including bank reconciliations, are reconciled on a timely basis; Establish and continually audit all internal financial controls; Actively hire 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; Ensure proper utilization, maintenance and periodic upgrades of all IT systems; Direct and/or prepare all financial reports in accordance with IHR requirements; Conduct and/or attend periodic meetings; Ensure hotel compliance with all report deadlines; Maximize efforts towards productivity; Approach all encounters with guests and employees in an attentive, friendly, courteous and service-oriented manner; Maintain regular attendance; Maintain high standards of personal appearance and grooming; Comply at all times with Crescent Hotels and Resorts standards; Participate in M.O.D. coverage as required; Attend meetings/training as required; Perform other duties as requested by management.

Requirements

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; Long hours sometimes required; Sedentary work, exerting up to 25 pounds of force occasionally and/or negligible amount of force frequently or constantly to lift, carry, push, pull or otherwise move objects; Must be able to convey information and ideas clearly; Must be able to evaluate and select among alternative courses of action quickly and accurately; Must work well in stressful, high pressure situations; Must maintain composure and objectivity under pressure; Must be effective in handling problems in the workplace, including anticipating, preventing, identifying and solving problems as necessary; Must have the ability to assimilate complex information, data, etc., from disparate sources and consider, adjust or modify to meet the constraints of the particular need; Must be effective at listening to, understanding, and clarifying the concerns and issues raised by co-workers and guests; Must be able to work with and understand financial information and data, and basic arithmetic functions; Must be able to prioritize departmental functions in order to meet due dates and deadlines.

Benefits

Health & wellness programs; Best in class learning and development; Travel discounts