Divisional VP of Finance
Temps plein
Description
Reporting to the EVP of Operations, this position will be responsible for accounting and financial management requirements for a select portfolio of properties. You will provide the general managers and property finance leaders with meaningful and timely information on the status of hotels’ performance. You will proactively assist with cost containment, revenue enhancement, profit improvement initiatives and safeguarding the company’s assets.
Responsibilities:
In this role you will be the main point of communications with the corporate office, regional team, and owners related to property budgets, forecasts, and labor tracking.
Coordinate budget preparations and ensure all hotels are on pace to budget and forecast and any variances are justified.
Oversee annual department budgets and monitor period profit and loss statements.
Provide the regional team and asset managers with timely and accurate data on which to make management decisions. Review and provide accurate and meaningful financial statements to owners and management.
Review forecasts, P&L statements, and balance sheets monthly by hotel.
Ensure controls are minimizing losses and maximizing profits by retaining revenues, reducing expenses, and safeguarding hotel assets.
Coordinate the research of trends and builds recommendations to positively impact the portfolio’s financial performance.
Conduct P&L review prior to closing and coordinate hotel / regional team call to review P&L and 90-day forecasts, each month.
Administer and maintain accurate records of necessary federal, state, and local reports as required by the applicable laws, franchise SOPs, and Concord/local SOPs.
Working for Concord
Concord Hospitality invests in our associates by providing training and development at all levels. Our “Associate First” culture supports and inspires personal development both within the workplace and beyond. Concord’s associates are what our company is built upon, and we strive to recognize them for their hard work, dedication, and commitment to excellence. We value work life harmony, diversity, and our commitment to provide the best customer service and quality accommodations possible, in every market we exist.
Our cornerstones: Quality, Integrity, Community, Profitability and FUN!
If you are a proven leader, looking for a culture rich and award-winning company, and you are ready to lead an amazing brand in a great and thriving location…..we may be the perfect fit! Apply today!
Pay Range: $150,232 - $187,790
Concord Hospitality Enterprises
Careers and Hospitality Job Opportunities with Concord
Concord Hospitality Enterprises Company is an award-winning hotel management and development company. Through the combined efforts of over 4,200 hard working and focused associates, Concord offers a unique blend of entrepreneurship, seasoned experience, innovation and technical excellence. These elements create a company equipped to produce above-standard returns, market sustainability and a partnership well worth investing in.
Since Concord's inception in 1985, our success has been guided by our cornerstones: Quality, Integrity, Community, Profitability and Fun. These cornerstones are the indispensible and fundamental basis of our daily actions. Our commitment to these cornerstones has led us to be recognized as the respected hospitality company that we are.
Concord is one of North America's largest hotel management and hotel development companies. Concord's passion for success has resulted in over twenty years of proven results as a hotel owner, manager, and developer of mid market and first class hotel properties. Concord's goal is to create value for its partners and associates by leveraging its operations, development, sales & marketing, technology, accounting, and management skills over its growing portfolio of first-class business hotels.
Concord has experienced sustained growth of a remarkable 35% annually for three years in a row and with over half a billion in new hotel projects in the pipeline, that number is projected to increase noticeably. Additionally, Concord is expanding its portfolio through third party management contracts with leading brand partners such as Marriott, Hilton, Starwood, Choice and Intercontinental Hotels. These growth opportunities have presented themselves to Concord based on our strong relationships with investment partners.
