[Hiring] Director of Finance @Horseshoe Bay Resort

Role Description

Crescent Hotels & Resorts is seeking a dynamic, results-driven Director of Finance to join our Task Force team in providing strategic financial leadership across a diverse portfolio of hotels nationwide. This role is responsible for overseeing financial operations, protecting hotel assets, and ensuring accurate and timely financial reporting in accordance with GAAP and Crescent standards.

The ideal candidate brings strong operational finance expertise, adaptability, and the ability to thrive in fast-paced hospitality environments. This position is remote eligible within the United States, with regular travel required. Candidates must reside near a major airport and be comfortable traveling as needed to support assigned properties.

As the Director of Finance, you will be responsible for providing ethical and consistent leadership in the financial area of various hotels in the field by supplying management with guidance, training and support. The Director of Finance is also responsible for:

• Focusing on the profitability of the business.
• Maintaining accurate and timely financial reporting.
• Ensuring acceptable levels of internal controls.
• Ensuring compliance with all federal, state, and local regulations.
• Safeguarding owners/investors assets.

What you will be doing:

• Acts as the “Chief Business Officer” to the general manager and EC Team, responsible for evaluating the financial impact on business decisions.
• Ensure that all levels of management are promptly notified of any financial deviations from established policies and/or control weaknesses in the hotel.
• Effectively manage and communicate cash flow related issues, including preparation of cash-flow statements, management of receivables, cash balances, control mechanisms, and timely deposits of all funds.
• Monitor hotel revenues and expenses and ensure accurate recording in accordance with Crescent Hotels and Resorts established guidelines.
• Investigate and critique variances to budget or to prior year and offer practical improvement strategies to management.
• Monitor the capital planning process by assisting management with calculation of return on capital improvements.
• Ensure hotels’ compliance on all regulatory licenses and permits, leases, contracts, legal agreements, and operational taxes.
• Coordinate the completion of all forecasts and budgets as required, with the full and active participation of EC Team and department managers.
• Analyze financial data and operations to assist and advise management in maintaining the hotels’ financial objectives.
• Ensure that all balance sheet accounts, including bank reconciliations, are reconciled on a timely basis.
• Establish and continually audit all internal financial controls.
• Embrace a continuous growth environment by actively hiring professional staff and maintaining an inventory of qualified and promotable Associates.

Qualifications

• A minimum of 8 years of related progressive experience in hotel Accounting or related field; or a 4-year college degree with an Accounting/Finance concentration and a minimum of 4 years of related progressive experience; or a 2-year college degree and a minimum of 6 years of related progressive experience.
• Proficient in financial and accounting procedures.
• Fluency in English language (reading, writing, and speaking) is essential.

Requirements

• For applicants who will be working in New York, the anticipated compensation range for the position is $100-120k.
• For applicants who will be working in NYC, the anticipated compensation range for the position is $100-120k.
• For applicants who will be working in Colorado, the anticipated compensation range for the position is $100-120k.
• For applicants who will be working in Washington, the anticipated compensation range is $100-120k.
• For applicants who will be working in California, the anticipated compensation range for the position is $100-120k.
• The salary offered to a successful candidate will be dependent on several factors including years of experience within the job, years of experience within the required industry, education, work location, etc.

Benefits

• Excellent compensation package with a salary range of $100k - $120k.
• Operational incentive plan eligibility.
• An exceptional benefit plan for eligible associates & your family members.
• 401K matching program for eligible associates.
• Discounts with our Crescent managed properties in North America for you & your family members.