Corporate Director of Finance

Job Description

Job Description

Arlo Hotels an Independent Lifestyle Hotel Is Now Actively Seeking a Dynamic Hotel Manager. Are You Someone Who Is Passionate About People, Driven by Purpose, and Clever in Your Approach? If so Keep on Reading!! Here at Arlo We Strive to Create a Sense of Awe That Leaves Those We Touch Wanting More”…..

The Corporate Director of Finance Assists the CFO in Overseeing and Managing the Financial Operations of the Arlo Hotels. This Role Ensures the Integrity of Financial Reporting, Compliance with Regulatory Requirements, Strategic Financial Planning, and Profitability Optimization Across Multiple Properties. the Ideal Candidate Should Have Experience in Hotel Finance with Food and Beverage Operations. the Candidate Should Have Experience in Day-to-day Finance Operations, Analysis of P&Ls, Balance Sheets, Cash Flows, Budgets, Forecasts and Other Financial Reports.

Key Responsibilities:

Financial Strategy:

• Assist the Corporate Director of F&B and Corporate Director of Operations in the Analysis and Reporting of Operations for the Properties.
• Assist Property-level Finance Teams, Ensuring Consistency in Financial Reporting and Best Practices.

Financial Planning & Analysis:

• Assist the CFO and the Properties DOF's in Budgeting, Forecasting, and Variance Analysis for All Hotels Under the Company’s Portfolio.
• Analyze Financial Performance and Provide Recommendations to Improve Profitability and Efficiency.
• Assist in the Reporting and Analysis for Owners and Investor.

Accounting & Compliance:

• Ensure Compliance with Accounting Principles, Tax Regulations, and Financial Reporting Standards (Usali, Gaap, or Applicable Standards).
• Maintain and Enforce Internal Controls to Safeguard Company Assets and Financial Integrity.
• Review and Analyze Balance Sheets for All Hotels in the Portfolio at Least Twice a Year.
• Assist with Corporate Accounting and Reporting.

Operations & Cost Control:

• Work Closely with Corporate Team, General Managers and Hotel Finance Teams to Streamline Financial Operations.
• Assist the Hotels’ Finance Teams in Training Operations Teams in the Finance and Accounting Policies Pertaining to Their Departments.

• Oversee Capital Expenditure Planning and Investment Analysis for Hotel Properties.
• Assist in Daily Financial Operations When Property Has Vacancies in Staffing, Including but Not Limited to Filling in If Dof Position Is Vacant.
• Onboard New DOFs.
• Assist in the Accounting Process for Pre-opening Properties.

Risk Management & Auditing:

• Supervise External Audits for All Hotels in the Portfolio, Ensuring Accuracy and Compliance with Regulations.
• Review, Update and Maintain Financial Sops As Well As Streamline Month-end Processes.
• Work Closely with the Finance Teams to Maintain Agreements for the Properties As Well As for Qhg Information up to Date

Qualifications & Experience:

• Minimum 5-7 Years of Experience in Hospitality Finance, with at Least 3-5 Years in a Senior Leadership Role.
• Strong Knowledge of Hotel Financial Systems (E.g., Opera, Sun, Birchstreet, Profitsword, Blackline or Similar).
• Expertise in Financial, Forecasting, and Business Analysis.
• Experience with Food and Beverage Financial Analysis.
• Excellent Leadership, Communication, and Problem-solving Skills.
• Strong Understanding of Hotel Industry Trends, Revenue Management, and Financial Regulations.

Salary: $150,000 per Annum