Overview:
Play an ongoing role in the creation, execution and refinement of profitable financial strategies designed to maximize opportunities for Terranea Resort, while also ensuring excellence in the Company’s day-to-day financial accounting, reporting, analytical and planning functions, as well as the integration of best practices. Provide clear leadership and direction to the finance team while ensuring that the department’s work objectives are achieved on an ongoing basis. Along with the Assistant Director of Finance, create an accountable, communicative, team-oriented environment such that the finance team is striving to achieve and exceed expectations. Communicate and work effectively with other department managers across various functional lines to build and maintain productive relationships. Perform all of the above with the highest standard of excellence and integrity.
Responsibilities:
- Financial Reporting:
- Support the Assistant Director of Finance in the preparation of all monthly and annual financial statements. Be able to provide answers and feedback to Assistant Director of Finance and VP of Finance regarding specific questions from the general ledger.
- Ensure Accounting staff members are highly trained in properly recording their specific areas of responsibility in the property’s chart of accounts and back office system.
- Support the Assistant Director of Finance in making specific recommendations that will result in revenue enhancement, cost reductions and/or profit improvement and benefit to the Resort overall. Utilize staff as needed to conduct related analyses.
- Take initiative, by working with the Assistant Director of Finance, to manage troubleshooting for respective property cost controls and revenue enhancements.
- Assist the Assistant Director of Finance with cash flow forecasting by providing accurate, daily information regarding cash gathered from staff members.
- Interface actively with all departments of the Resort to identify areas for revenue enhancement, cost savings, process improvement, improved communication flow and/or necessity for documentation of policies/procedures.
- Staff, Training and Job Knowledge:
- Ensure full knowledge of all job responsibilities of all direct reports enabling proper training and support in the areas of income audit and revenues related.
- Be willing to perform the tasks of all direct reports in the case of absence or turnover of a staff member.
- In conjunction with the Assistant Director of Finance, employ customized evaluations, career planning sessions and cooperative goal setting.
- Help to develop a “service culture” among Finance / Accounting personnel.
- Review the internal and external audit reports and assist in corrective actions.
- Constantly promote best practices, and perform all of the above with the highest standard of excellence and integrity.
- Create a positive working environment that is enjoyable and highly productive. Hire, fire, build and lead a high-performance team that is service and results oriented, committed to the timely delivery of accurate information. Provide career coaching to Finance / Accounting staff.
- Keep the Assistant Director of Finance informed as to the status of all issues and related successes/problems and perform special projects as required.
- Direct and assume responsibility for proper execution of the Resort’s accounting practices, maintenance of accurate financial records, and the timely preparation of financial reports. Utilize standard reporting, as well as insightful comprehensive metrics to drive continuous improvement for the Resort.
- Have a sound understanding of the Resort’s operational and back office systems as well as Microsoft Office products and be able to assist personnel with training and support.
- External Audits:
- Support the Assistant Director of Finance with completing the year-end audit process.
- Complete assigned balance sheet reconciliations and audit work papers.
- Compliance:
- Ensure compliance with applicable taxing laws, and file required local and state tax returns in a timely manner.
- Complete assigned balance sheet reconciliations in accordance with established corporate formats, the Resort’s LSOPs and generally accepted accounting principles.
Additional Duties & Responsibilities:
- Check purchase requests against approved budgets prior to committing funds; exercise accounting control to ensure that expenditures do not exceed authorized levels.
- Ensure that all of the capital expenses have been approved, and are properly classified and tracked
- Attend meetings as requested.
Qualifications:
- Must have a proven track record of success as a team member in a strong and innovative Finance organization in a fast-paced environment.
- Must be an effective leader
- Must be a well-organized, take-charge professional who makes things happen, and who has a strong orientation to quality, accuracy, and timeliness.
- Must be entrepreneurial and detail-oriented; willing to roll up his/her sleeves and is hands-on.
- Must have an analytical mind sufficient to assess business performance and opportunities, as well as to evaluate problems and develop solutions.
- Must be a polished and dynamic team player, an open, willing communicator who is not uncomfortable or shy in dealing directly with challenging issues.
- Effective communication is an important ingredient to success in this position.
- Must be professional and ethical, demonstrating personal integrity, loyalty, tact, sound judgment, openness and diligence.
- Dynamic and outgoing, yet down-to-earth, available and receptive. Consistent, understanding and fair.
- Able to adjust to change, open to new ideas, willing to take on additional responsibilities and able to perform in a deadline driven environment. Flexible and resourceful “can-do” attitude.
- Displays innate intelligence and common sense.
- Growth and quality-oriented in his/her business approach.
- Drives for results and success while actively and effectively serving as a role model for the company’s guiding principles.
- Has effective written, verbal and listening skills. Shows respect and interacts with associates at all levels in a manner that is constructive and supportive. Open-minded and empowering.
- Proactive in defining roles and accountabilities, as well as in evaluating, mentoring, coaching and counseling members of the Resort finance team. Sets a positive example and is a great motivator of people around key objectives.
- Drives through change and adversity by tackling tough challenges without hesitation. Undaunted, maintains determination and resolve no matter how arduous the situation.
- Clearly enjoys working with and interacting with others.
- Keeps important priorities in the forefront and never loses sight of the “big picture”.
- Carefully evaluates all of the factors and assesses the potential outcome before making a decision.
- Always part of the solution and not part of the problem. Strives for continuous process improvement and best practices. Is analytically astute and able to help maximize the value of the Resort.
- Demonstrates a sense of urgency and commitment in regards to deliverables and deadlines. Highly responsive to owners, guests and employees. Owns the work product and is committed to the quality, accuracy and timeliness thereof.
- Takes the initiative in leading, communicating, offering service, and in solving problems.
- Forward thinking; develops goals and plans that extend beyond current realities and capabilities.
Experience, Education, & Licensure:
- Must have a minimum of 5 years of finance/ accounting experience in the hospitality industry, preferably in a complex operations environment.
- An undergraduate degree in accounting or related field is preferred.
Compensation:
Base Pay Start Rate: $64,480/Yr. - $78,000/Yr.
We offer a competitive benefit package for full-time, regular team members that includes: group medical, dental, vision, life, and disability benefits, as well as participation in a pre-tax flexible benefit plan for healthcare and dependent care reimbursement and an employee assistance program. We also offer paid time off/sick time and are proud to offer participation in a 401(k) plan with a company match!