Job Description: Vice President of Finance for Hotel Company
Position Overview
As the Vice President of Finance for our hotel company and reporting directly to the Partner, you will play a pivotal role in shaping the financial strategy and ensuring the financial well-being of the organization that is on its way to become a billion dollar group of companies. This leadership position involves overseeing financial operations, managing financial risks, and contributing to strategic planning.
Key Responsibilities
Team Leadership:
· Lead and mentor the finance team, fostering a culture of professionalism and excellence.
· Develop and implement professional development initiatives for the finance team.
Financial Strategy and Planning:
· Develop and implement financial strategies aligned with the company’s overall goals and objectives.
· Collaborate with the executive team in strategic planning and decision-making processes.
Financial Operations:
· Oversee day-to-day financial operations, including accounts payable, accounts receivable, general ledger and payroll activities.
· Implement and maintain effective internal controls.
· Create accounting strategies to maximize profits.
· Update the policy documents as needed.
Financial Analysis and Reporting:
· Provide insightful financial analysis and reporting to support executive decision-making.
· Ensure accurate and timely financial reporting to internal and external stakeholders.
· Ensure Accounting System is updated with all accounting codes and reporting.
Budgeting and Forecasting:
· Lead the budgeting process to establish financial goals and budgets.
· Monitor and analyze budget variances, providing recommendations for improvement.
Cash Flow Management:
· Optimize cash flow to meet operational needs and strategic initiatives.
· Report Budget/Forecast variances to executive team.
· Implement cash management and treasury strategies.
Financial Risk Management:
· Identify, assess, and manage financial risks.
· Develop and implement risk mitigation strategies.
Financial Compliance:
· Ensure compliance with all financial regulations, accounting standards, and tax requirements.
· Liaise with auditors and other external parties for financial audits.
Qualifications
· Bachelor’s degree in Finance, Accounting, or a related field. MBA or CPA preferred.
· Strong financial acumen and analytical skills.
· Advanced knowledge of professional accounting software
· Extensive experience in finance leadership roles within the hospitality or hotel industry.
· Excellent communication and interpersonal skills.
· Proven ability to lead and develop high-performing teams.
Details
· Help Team with getting information from property when there is need.
· Ensure EFT AR, Employee Loan, Employee Rents processes are working properly.
About Giri Hotel Management
Giri Hotel Management is rapidly-growing company based in Quincy, MA in the hospitality industry, with a people-oriented culture that prioritizes collaboration, mutual respect, and a shared dedication to excellence. Self-starters will do well in this environment. Joining Giri Hotel Management means becoming part of a dynamic team that celebrates individual potential while collectively achieving excellence in the ever-evolving landscape of the hospitality industry.
Giri’s Values:
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