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Director of Finance

CPH Management LLC
Posted a month ago, valid for 15 days
Location

San Juan, PR, US

Salary

Competitive

Contract type

Full Time

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Sonic Summary

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  • The position involves overseeing all financial operations of a hotel, ensuring compliance with GAAP and IFRS standards while delivering exceptional guest service and financial profitability.
  • Candidates should have experience in financial reporting, budget management, and asset protection, with a preference for knowledge of federal and state regulations.
  • The role requires strong leadership skills, with responsibilities including team development, recruitment, and performance monitoring.
  • Fluency in Spanish and advanced Microsoft Excel and PowerPoint skills are necessary, along with the ability to analyze complex financial data.
  • A minimum of five years of relevant experience is required, with a competitive salary of $90,000 to $110,000 per year.
 

Responsible for overseeing, directing, and administering all financial operations of the hotel under a 
 strong and organized control environment, with a continuous objective to deliver outstanding guest 
 service combined with financial profitability. 

  • Direct and administer all financial operations of the hotel to include, but not limited to, asset 
     protection, financial reporting, systems management, keeping financial records, hotel-wide 
     budget and forecasting and department management.
     • Responsible to keep accurate financial records and financial statements of the hotel ensuring
     compliance with all Generally Accepted Accounting Principles (GAAP), local and International 
     Financial Reporting Standards (IFRS) and Uniform System of Accounts for the Lodging Industry 
     (USALI).
     • Serve as financial advisor to hotel General Manager, management and owners. Develops, analyzes, and interprets statistical and accounting information and implements cost and expense control measures to
     maintain and achieve operating results in terms of profitability, performance against budget, and 
     other matters bearing on the fiscal soundness and operating effectiveness of the organization.
     • Responsible to ensure compliance and a well-controlled environment aligned with Hilton standard 
     policies and procedures. Also, responsible to develop and maintain internal specific policies as 
     required.
     • Maintain and ensure a strong, consistent communication and relations with Owners’
     representatives. Ensure all reports required by ownership are consistently managed, produced,
     and timely delivered.
     • Monitor and approve all sales, purchases, salaries, and expenses of the hotel.
     • Responsible for timely compliance with all federal, state, and local corporate, payroll, social 
     security and other applicable taxes or contributions.
     • Coordinates and directs the preparation of the budget and financial forecasts.
     • Ensure that all licenses, permits, and insurance policies are current and in compliance with local, 
     state, and Federal requirements. 
     • Monitors all contracts and agreements and advise hotel management of the terms, conditions,
     and benefits.
     • Provides financial oversight of the capital expenditure process. Ensures capital projects are 
     completed within established critical path, financial projections and ensures all requests are 
     properly documented and approved locally or at regional level when required. 
     • Assist and counsel department heads in the interpretation and analysis of financial data, 
     recommending courses of action to maximize hotel profitability.
     • Monitor and develop team member performance to include, but not limited to, providing
     supervision and professional development, scheduling, conducting counseling and evaluations 
     and delivering recognition and reward.
     • Recruit, interview, and train accounting team members.
  • Knowledge of federal, state, social security, and local regulations (preferred)
     • Strong leadership, management, and people skills
     • Spanish proficiency and business fluency in English.
     • Advanced-level Microsoft Excel and Power Points skills.
     Specific Job Knowledge, Skill, Ability and Competencies to be measured in the selection process:
     • Knowledge of departmental and hotel operations.
     • Knowledge of business law, federal, state, and local taxes, as well as Department of Labor 
     regulations.
     • Knowledge of insurance, employee benefits, claims and liability.
     • Ability to read, write, and speak the English language to communicate effectively.
     • Ability to exercise judgment in evaluating situations and in making sound decisions.
     • Ability to analyze and interpret financial data.
     • Leadership and organizational skills (team orientation, flexible, adaptable).
     • Ability to analyze large volume of complex financial information from many sources and create 
     reports, forecasts projections.
     • Good understanding of complex computerized financial systems.
     • Knowledge of Uniform Systems of Accounting.
  • Knowledge of M3 accounting system and ADP 



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