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Corporate Director of Finance

Driftwood Hospitality Management

11770 US Highway One
Suite 202 East Tower
North Palm Beach, FL 33408

Management Company
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Full-Time

Job Summary

Leads Driftwood Hospitality Management portfolio of hotels accounting controller, corporate accounting staff and outsourcing company to ensure accurate, transparent, and timely financial reporting, budgeting/forecasting, asset, and liability reconciliation.

Essential Job Functions

This description is a summary of primary responsibilities and qualifications. The job description is not intended to include all duties or qualifications that may be required now or in the future.

Essential Functions:

  • Work collaboratively with the Corporate Controller, Senior Manager and Executives, and other Operational Leaders to determine opportunities to fine tune processes that will drive both short-term and long-term improvements to the accuracy and timeliness of financial reporting.
  • Responsible for ensuring accurate and timely preparation of monthly financial reporting packages in conformity with appropriate accounting standards.
  • Monthly review of Hotels accounts receivable and preparing appropriate bad debt/allowance entries.
  • Work directly with external auditors and tax preparers to ensure timely delivery of annual audits and tax returns.
  • Provide detail performance feedback on a monthly basis for his/her direct team, and all other personnel related to the monthly financial statement closing process.
  • Review, recommend and drive financial reporting process improvements.
  • Ensure all deadlines are scheduled and met on a weekly, monthly and yearly basis (e.g., payment of sales and occupancy taxes, payment of property taxes, etc.)
  • Support, train and coach corporate accounting team and hotel controllers to ensure accurate and timely preparation of financial statements, accounts reconciliations, forecast and budgets.
  • Weekly meetings with Executive team.
  • Assist with the preparation and analysis of cash flow forecasts.
  • Lead/participate in on-boarding and training for new accounting hires (at corporate and in field).
  • Develop, monitor and reporting of compliance on internal controls.
  • Maximize efforts towards productivity, identify problem areas and assist in finding and implementing their solutions.
  • Analyze financial data and operations in order to assist and advise management in maintaining the hotels financial objectives.
  • Perform other duties as assigned by Executive team.

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Knowledge, Skills & Abilities

10 years recommended of related progressive experience in hotel Accounting or related field; 4-year college degree with an Accounting/ Finance concentration and a minimum of 6-years of related progressive experience.

Strong knowledge and ability reading, analyzing, and understanding financial statements, loan documents, lease agreements and contracts.

Prior oversight of accounting teams.

Ability to manage internal teammates at all levels of the organization.

Proactive, independent, forward-thinking, trustworthy, and hands-on finance executive.

A dynamic team player who is a quick study and can think creatively and effectively challenging existing practices.

Strong written and oral communication skills.

Strong organizational and project management skills.

Physical Demands

Frequent walking, standing, sitting, hearing, talking, smiling. Lifting, pushing and pulling of objects weighing up to fifty (50) pounds.

Benefits

  • 401(k)
  • Dental insurance
  • Disability insurance
  • Employee assistance program
  • Flexible spending account
  • Health insurance
  • Life insurance
  • Paid time off
  • Vision insurance
  • Room Discounts
  • Employee Food and Beverage Discounts

EEO: Driftwood Hospitality Management is committed to a diverse and inclusive workplace. We are an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, pregnancy, genetic information, protected veteran status, or any other legally protected status.

Posted April 18, 2024

Driftwood Hospitality Management

Driftwood Hospitality Management is renowned for our fully integrated approach to hospitality services — all with outstanding client service. Our team is made up of the best talent in the hospitality industry, down to every employee, position, and hotel. 

Driftwood manages over 13,000+ rooms across 70 hotels, including brands such as Marriott, Hilton, IHG, and more. Strong partnerships with these major brands and industry leaders keep us at the forefront of hospitality. 

Over our twenty-year history, Driftwood’s talented teams have won over 110 awards reflecting our innovation, flexibility, diversity, and focus on results. This would not be possible without our committed team members at all levels, who foster deep partnerships with leading hospitality brands across the country. 

What We Offer:

  • Medical (with Basic Life, AD&D, and LTD included at no additional cost!) Dental and Vision Benefits – eligible 1st of month following hire!
  • Excellent Compensation
  • Bonus Plans
  • 401(k) Retirement Savings with Company Match
  • Voluntary Long Term and Short Term Disability Insurance
  • Voluntary Life Insurance
  • Cancer, Accident, and Sickness Insurance
  • Flexible Spending Plan
  • Hotel Lodging Program
  • Paid Vacation and Sick Leave Programs
  • Cross-Property/Brand Training and Transfers

EEO: Driftwood Hospitality Management is committed to a diverse and inclusive workplace. We are an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, pregnancy, genetic information, protected veteran status, or any other legally protected status.