Director of Finance
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Job Location:
Brooklyn, NY - USA
Monthly Salary:
Not Disclosed
Posted on:
22 hours ago
Vacancies:
1 Vacancy
Job Summary
The Director of Finance is a key member of the hotels executive leadership team responsible for overseeing all financial operations of Hotel Indigo Williamsburg. This role ensures the integrity of financial reporting compliance with brand and regulatory standards and provides strategic financial guidance to support operational excellence and profitability.
The ideal candidate brings strong hospitality financial leadership experience hands-on operational knowledge and the ability to partner effectively with hotel leadership in a fast-paced boutique hotel environment.
Key Responsibilities
Financial Leadership & Strategy
- Serve as the primary financial advisor to the General Manager and ownership
- Develop and execute annual operating and capital budgets
- Prepare accurate monthly forecasts and long-range financial plans
- Analyze financial performance and recommend strategies to improve profitability
- Lead cash flow management and working capital optimization
Accounting & Financial Reporting
- Oversee all accounting functions including general ledger accounts payable/receivable payroll and fixed assets
- Ensure timely and accurate month-end and year-end close
- Prepare financial statements in accordance with US GAAP and IHG brand standards
- Maintain strong internal controls and compliance with all policies and procedures
- Coordinate external audits tax filings and lender reporting
Operational Support
- Partner with department heads to manage labor expenses and revenue optimization
- Review daily revenue reports P&L statements and variance analyses
- Support revenue management and pricing strategies through financial insights
- Monitor purchasing inventory controls and contract compliance
Compliance & Risk Management
- Ensure compliance with federal state and local regulations including New York labor laws
- Oversee insurance programs risk management and loss prevention controls
- Ensure adherence to IHG financial standards and brand audits
Team Leadership
- Lead mentor and develop the finance and accounting team
- Foster a culture of accountability accuracy and continuous improvement
- Collaborate cross-functionally with hotel leadership and corporate partners
Qualifications & Experience
- Bachelors degree in finance Accounting or related field (CPA or MBA preferred)
- Minimum 57 years of progressive financial leadership experience in hospitality
- Prior experience as Director of Finance or Assistant Director of Finance in a hotel environment preferred
- Experience with IHG systems and standards strongly preferred
- Strong knowledge of hotel accounting systems (e.g. PeopleSoft Oracle SAP or similar)
- Proven experience managing budgets forecasts and complex financial reports
- Strong analytical organizational and leadership skills
- Excellent communication skills with the ability to present financial data to non-financial leaders
- Experience working in a union and/or NYC hospitality environment is a plus
Physical & Work Requirements
- Ability to work on-site in Williamsburg Brooklyn
- Flexibility to work extended hours during month-end budgeting and audit periods
What We Offer
- Competitive salary and bonus potential
- Comprehensive benefits package
- Opportunity to lead finance operations at a high-profile boutique hotel
- Career growth within Stepstone Hospitality Management
Stepstone Hospitality and the Hotel Indigo are Equal Opportunity Employers - EOE/M/F/D/V
Required Experience:
Director
Key Skills
- Crisis Management
- Marketing
- Public Relations
- Fundraising
- Media Relations
- Constant Contact
- Strategic Planning
- Social Media Management
- Team Management
- Public Speaking
- Wordpress
- Writing Skills
About Company
One of the premier hotel management companies, StepStone exists solely to enhance the value of our clients’ assets. Click here to learn more.
