Director of Finance

REPORTS TO: Chief Accounting Officer

JOB DESCRIPTION: Oh So Original, Inc. is seeking an experienced Director of Finance to oversee

the accounting and payroll departments of hotel properties. The Director of Finance will

provide day-to-day guidance to the team and ensure a timely and accurate reporting of the

monthly financial statements to the Executive Team.

 Schedule and coordinate the preparation and presentation of the annual operating

budget.

 Prepares monthly hotel financial statement package in accordance with USALI and

Generally Accepted Accounting Principles.

 Ensure entries required for preparation of the financial statements are completed by

the accounting team. Review statements for inaccurate data and make corrections

within the following period. 

 Present monthly financial statements with actual vs budget variance, and current period

vs prior period variance, to the Executive Team. Manage communication across

departments to obtain variance explanations.

 Ensure accounting records are in accordance with USALI and GAAP.  

 Provide guidance and oversight to the Property Controller and work closely with the

hotel accounting team.

 Ensure bank reconciliations are completed daily and maintain effective cash control

systems with internal audits and reports.

 Review payroll entries for accuracy.

 Prepare labor cost and hospitality specific analysis as requested. Formulate practical

solutions from cost vs benefit viewpoint.

 Monitor cash positions and ensure cash forecast is completed on a weekly basis.

 Ensure teams are following the month-end close process and accounts are properly

reconciled. Alert CAO to inconsistencies and issues.

 Review Accounts Receivable Aging monthly ensuring timely collection and

understanding of late accounts.

 Review Accounts Payable Aging ensuring vendor payments and understanding of vendor

issues.

 Work with Department Managers to control inventory balances according to established

realistic par levels.

 Review security over assets and audit inventories.

 Assist managers in analyzing financial statements and meeting budgets.

 Ensure compliance with financial and accounting practices, procedures, and policies.

 Understanding of all pertinent leases, contracts, agreements, covenants, and

restrictions.

 Knowledge of City, County, State sales tax laws and laws dealing with innkeepers,

liquor, and labor.

 Skilled at correcting deficiencies on internal audits and issues that arise.

 Establish an effective cross training program within the department. 

 Perform special projects as assigned.

Experience, Skills and Knowledge 

 B.S. in Accounting or Finance 

 10+ years’ experience in Hospitality related Finance and Accounting

 Comprehensive knowledge of USALI and GAAP

 Experience with Fairmas or similar budgeting and forecasting application

 Experience with Opera Cloud or similar property management system

 Experience with NetSuite or similar accounting, payroll and timekeeping system

 Strong analytical and problem-solving skills

 Strong leadership and managerial skills

 Strong organizational skills that reflect ability to perform and prioritize multiple tasks

seamlessly with tact and diplomacy

 Excellent ability to communicate clearly, effectively, and with proper professionalism

 Excellent writing skills and exceptional attention to details

 Self-motivated, disciplined and flexible with ability to adapt to change

 Commitment to high professional ethical standards

 Impeccable ability to maintain confidentiality