The Area Vice President of Finance is responsible for overseeing the financial operations across multiple properties within the assigned region. This role involves overseeing the entire operation of the finance team, including accounts payable, accounts receivable, month end process, cash flow, forecasting, budgeting and financial reporting to ensure alignment with the company’s business strategy.
Key Responsibilities
- Manage and oversee the nancial activities of the assigned properties, ensuring accuracy and compliance with company standards
- Develop and produce accurate forecasts to enable property operations to adapt to business changes effectively
- Implement and maintain a robust cash control system, including periodic audits and detailed nancial reporting
- Provide exceptional leadership by assigning clear responsibilities and accountability to team members and department managers
- Foster a collaborative environment that encourages open communication and teamwork across all departments
- Lead the preparation of annual operational budgets in collaboration with property leaders, ensuring alignment with company objectives
- Review and analyze budget variances, providing insights and recommendations to optimize nancial performance
- Oversee the reconciliation of balance sheets, ensuring that all account balances are supported by appropriate documentation
- Ensure the accuracy of the Pro t & Loss (P&L) statements by verifying that costs are properly matched to revenue and recorded in the correct accounts
- Maintain a thorough understanding of city, county, and state sales tax laws, as well as laws related to property matters
- Ensure all nancial operations comply with local, state, and federal regulations
- Review and assess asset and inventory needs as required, ensuring proper documentation and alignment with nancial goals
- Assist in the creation and execution of business plans that align with the company’s strategy, focusing on the successful execution of nancial and accounting activities
- Attend and actively participate in leadership meetings, contributing nancial insights and strategic recommendations
Qualifications & Experience
- Prior experience as a Director of Finance required
- Prior experience working with a hotel property nance team; knowledge of hotel nancial statements and reconciliations
- Experience with budgeting, forecasting, pro t and loss reporting, and balancing ledgers for operation and balance sheet accounts
- Proven management and leadership abilities
- Must be able to sit for prolonged periods of time
- This role will require travel; the team member must be able to travel independently via airplanes, cars, car services and hotels
- Pro cient in Microsoft Of ce, including Outlook, Word, Excel, PowerPoint, and Teams
As part of the Makeready collection, we proudly offer a variety of thoughtful benefits and perks for eligible team members including accommodating PTO/PTO exchange, medical/dental/vision benefits, maternity/paternity leave, pet insurance, company-matched dependent care & 401k, student loan repayment program and a wide range of additional ancillary benefits. The health, happiness and well-being of our team is our top priority.
We take pride in our Guiding Principles to help define how we successfully work together. We follow them not out of duty but live by them instinctively.
Makeready LLC and its affiliated entities are proud to encourage and support an environment where everyone can be a successful team member as their true independent self. We are an equal opportunity workplace and employer that does not discriminate based on race, color, disability, gender/sex, sexual orientation, religion, national origin, age, veteran status, or any other protected status. We are committed to building a team and a workplace where we are all able to be successful based solely on our individual qualifications, experience, abilities and job performance.