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Director of Finance

Posted May 19, 2022

Elliot Park Hotel
Minneapolis, MN
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About This Job

An Inspiring Career Awaits You!

The Kessler Collection is made up of 13 artful hotel and resort properties, 26 restaurants, and over 1,700 Grand Performers across ten states, we continue to grow and so will you! The opportunities are endless. Our mission of inspiring places, intuitive service, and exuberant guests means we are committed to our Grand Performers learning, development, and well-being.

We believe people want to be inspired! 

Our Grand Performers Receive Many Benefits Including:

  • Marriott Employee Discounts Worldwide
  • Competitive Wage & Discretionary Bonus Program
  • Medical, Dental, Vision Insurance
  • Company-Sponsored Life Insurance
  • Short & Long-Term Disability Insurance
  • Pet Insurance
  • Tuition Reimbursement Program
  • 401(K) with Discretionary Company Matching Contributions
  • Employee Assistance Program

Job Summary

The overall objective and purpose of the Director of Finance is to function as the hotel’s strategic financial business leader by developing and implementing hotel-wide strategies that deliver products and services to meet or exceed the needs and expectations of the hotel’s target guest and property Grand Performers.  The incumbent is responsible for providing financial expertise to enable the successful implementation of the hotel service strategy and initiatives while maximizing the return on investment to the owners by creating and executing of a business plan (annual budget) that is aligned with the hotel and company’s business strategy and focuses on the execution of financial and accounting activities and the delivery of desirable financial results. They are to provide inspiring and strategic leadership while directing the activities of the hotel in support of the mission, core values, standards, and goals established by the company.

Core Responsibilities

Primary areas of responsibility include, but are not limited to the following:

  • Directs preparation of budgets, reviews budget proposals, and prepares necessary supporting documentation and justification
  • Works with the executive team to develop and maintain an accurate financial forecast
  • Provides management with timely reviews of the organization’s financial status and progress in its various programs and activities
  • Partners with and advises the GM and other leaders on existing and evolving operating/financial issues
  • Ensures that the P&L is accurate (i.e. costs are properly matched to revenue; costs are recorded in the proper accounts)
  • Analyzes financial data and market trends
  • Ensures appropriate corrective actions are made based on internal/external audit results 
  • Reviews payroll records to ensure accuracy and proper coding in line with budgeted labor
  • Oversees the Labor Productivity program to prevent unnecessary use of labor 
  • Implements a system of appropriate controls to manage business risks
  • Ensures compliance with standard operating procedures
  • Oversees internal, external, and regulatory audit processes
  • Ensures a strong accounting and operational control environment to safeguard assets, improve operations and profitability
  • Communicates financial concepts in a clear, persuasive, and professional manner that drives desired behaviors
  • Provide Department Heads and Managers/Supervisors training on the various financial systems 
  • Facilitates financial and labor critique meetings with the management team 
  • Assists other departments with unresolved guest billing issues and issues involving cash, credit cards, invoices, etc.
  • Spot check inventory counts to ensure accuracy of inventory extension
  • Research inventory discrepancies when costs deviate from budget and trends
  • All other duties planned assigned, planned or un-planned

Knowledge, Skills, And Abilities

  • To perform this role successfully, an individual must have experience achieving desired result(s) in their areas of responsibility. The requirements listed below are representative of observable behaviors and essential knowledge, skill, and abilities required of a successful incumbent.
  • Strategic business leader - Works strategically to devise plans in alignment with organizational goals.
  • Cultivates engagement - Builds loyalty to the company and not to themselves. Proven ability to host/facilitate effective meetings, motivate teams to produce results with tight timeframes while simultaneously managing several projects.
  • Generates alignment - Ensures proper time and effort is spent to build high-level performance and consistency throughout collection.
  • Leads with courage - Provides a culture of accountability.
  • Execution of plans - Utilizes our systems, tools, and resources to accomplish results and achieve goals
  • Ability to work with mathematical concepts such as probability and statistics
  • Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations
  • Advanced Excel skills
  • Knowledge of accounting software, payroll systems, spreadsheet software, and word processing software
  • Ability to read, analyze and interpret common scientific and technical journals, financial reports, and legal documents
  • Ability to effectively present information to top management, peers, and subordinates

Minimum Qualifications

  • Bachelor’s degree in business or related experience and/or training; or equivalent - preferred
  • 4+ years of experience in Accounting - required
  • 2+ years of relevant work experience in similar scope and title – required
  • Experience within luxury brand/markets – required

Supervisory Responsibilities

  • Supervisory and leadership responsibilities include achieving results through providing direction and accountability of the following Grand Performers within the culture and policies established by the Kessler Collection. 
  • Property Accounting Staff

Work Environment

  • The work environment/conditions described herein are representative of those that an incumbent may experience.
  • Must be comfortable working in a shared space, with constant noise, without the use of a private office.
  • Must be able to cope with frequent changing priorities and deadlines with a high degree of optimism, professionalism & collaboration.
  • Schedules may vary from week to week based on business demands in excess of 40 hours with or without notice.

Physical Demands

  • The physical demands described herein are representative of those that must be met by an incumbent to successfully perform the essential functions of this job. 
  • While performing the duties of this job, the incumbent is regularly required to move 10lbs on a daily basis.
  • Push, pull, and lift up to 50lbs on a weekly basis.
  • While performing the duties of this job, the incumbent is regularly required to travel by foot, car, bus,  airplane or other means of transportation which require sitting, waiting and standing for long and short periods of time. 
The Kessler Collection is proud to be an Equal Employment Opportunity employer. We do not discriminate based upon race, religion, color, national origin, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics
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About this Employer

Elliot Park Hotel

823 5th Ave South
Minneapolis, MN 55404

(612) 389-2300

168 Room Hotel

elliotparkhotel.com

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WELCOME TO THE ELLIOT

Welcome to the newest member of the Marriott® family in Minneapolis, Elliot Park Hotel, Autograph Collection. Perched on the edge of the historic Elliot Park neighborhood, and convenient to the Light Rail, Minneapolis Convention Center and U.S. Bank Stadium, Elliot Park Hotel is a stylish luxury boutique hotel and restaurant where you can enjoy hygge at its most elegant.

With 155 rooms and 13 suites, Elliot Park Hotel is the perfect destination for your next business trip, staycation, family trip, or even a special celebration in one of our spectacular wedding and meeting spaces.

With a refined and sophisticated décor, which is illuminated by flickering candles, artful lighting, and inviting fireplaces, Elliot Park Hotel allows you to indulge in the feeling of warmth, intimacy, and comfort. It all combines to create a chic urban oasis of modern Minnesotan hospitality, welcoming travelers and locals alike.

Our pet-friendly boutique hotel with luxury amenities and world-class guest service will charm and pamper you while you play, work, and explore the wonderful sites and attractions of downtown Minneapolis.

Come nightfall, indulge in the hearty, wood-fired fare of Tuscany at Tavola Restaurant, a rising star among Italian restaurants in Minneapolis. Or, wind down with a cold craft brew next door at the lively bar and outdoor patio of Finnegans Brew Co. in their brand-new downtown Minneapolis brewery and community space. As a guest of Elliot Park Hotel, you’ll even get to enjoy a very special Finnegan experience in their exclusive Brewer's Den.