Director of Finance

Description

Director of Finance

Join our team of passionate hospitality professionals at the Hyatt Regency Coralville Hotel & Conference Center, giving guests memorable experiences and access to the best restaurants, nightlife, and outdoor recreation in the city. Managed by Marcus Hotels & Resorts, we adhere to our guiding principles of People Pleasing People and to always realize our most important assets are our incredible associates.

Purpose of the Position: Actively participate as a financial leader within the property and the company to ensure sufficient controls, processes and procedures to: (a) maintain compliance with applicable laws and regulations, (b) produce accurate and timely financial information, and (c) manage property accounting staff. This individual is a key member of our property's Executive Committee (EC).

At the Hyatt Regency Coralville, we offer the following benefits & perks, including, but not limited to:

u Attractive Compensation Package - Competitive salary with the opportunity to earn bonuses as a valued Executive Team Member.

u Generous 401(k) Matching - Enjoy immediate vesting with company-matched contributions to help you build your future.

u Comprehensive Insurance Benefits - Access to full insurance benefits starting just 30 days after beginning full-time employment, providing peace of mind for you and your family.

u Work-Life Balance Focus - Flexible work schedule designed to support your personal needs while maintaining professional success.

u Exclusive Discounts - Enjoy special discounts at Hyatt and Marcus Hotels & Resorts properties, enhancing your travel and stay experiences.

u Complimentary Movie Tickets - Receive free Marcus Theaters movie tickets for your entertainment.

u Free & Discounted Meals - Take advantage of free and discounted meals, including Starbucks, to make your workday more enjoyable.

u Convenient Parking - Free parking, ensuring you have easy and stress-free access to work.

As our Director of Finance, you would be responsible for:

Financial Management and Business Partnership

• Act as a financial business partner, working closely with property management to provide creative solutions aimed at improving business results and operational processes.
• Drive the annual budget process, including both financial and capital projections.
• Develop operational analysis and provide actionable information to aid decision-making for property management and Central Accounting.
• Collaborate with the property management team and Central Accounting to resolve accounting challenges promptly and effectively.
• Oversee the preparation and drive the creation of monthly forecast and variance reports, ensuring they are reviewed for accuracy.
• Ensure the accuracy and timeliness of financial reports and statements for internal and external use.
• Prepare monthly financial statements, journal entries, accruals, and maintain all accounting records.
• Manage checks and reconciles General Ledger accounts and bank statements.
• Create and implement accounting processes and procedures based on prescribed guidelines (Marcus Ways, SOX, US GAAP).
• Actively engage with Central Accounting to update company policies, adjusting to the dynamic business environment.

• Select, develop, and manage an effective team of accounting associates, including those responsible for receivables, collections, accounts payable, payroll, cashiering, night audit, and income audit.
• Assist in training and supervising accounting staff, ensuring team development and compliance with accounting practices.
• Supervise staff in compiling month-end closing reports and ensure timely submission.
• Maintain proper staffing levels and oversee employee scheduling to ensure operational needs are met.

• Implement and maintain accounting processes and internal controls to safeguard company assets.
• Ensure processes and procedures are in place to protect company assets and adhere to all relevant regulatory standards.
• Schedule and follow through on monthly House Bank audits.

• Prepare, process, balance, and transmit payroll through the UKG Dimensions Timekeeping System.
• Prepare and distribute daily payroll reports.
• Coordinate payroll processing with Human Resources and communicate necessary personnel changes.
• Maintain all payroll files and related forms, ensuring accurate record keeping.
• Upon receipt of payroll checks from the Central Accounting Office, ensure they are inserted into payroll envelopes and distributed to department managers.
• Assist employees and managers with any payroll-related questions or concerns.
• Perform related management activities as required, supporting the smooth operation of payroll processing.

• Maintain and troubleshoot the mainframe computer and network systems, including installation and updates of new programs or software.
• Calculate and produce daily deposit transmittals for checks received.
• Develop and maintain efficient accounting systems and procedures to ensure the timely processing of financial data.

We are looking for our next amazing property leader, who will possess:

• Positive and Respectful Leadership - Demonstrates a consistently positive attitude, fostering a respectful and inclusive environment through strong communication and interpersonal skills.
• Proven Leadership Experience - Previous experience in leadership roles that promote a culture of positivity, adaptability, and team collaboration, with a focus on motivating and empowering others.
• Extensive Management Experience - Minimum of 5-7 years of management experience in a multi-site, high-volume hospitality environment, with a track record of cultivating a supportive and productive work culture.
• Educational Qualifications - A bachelor's degree in Accounting is required, with a CPA designation preferred.
• Action-Oriented Leadership - Proven ability to lead with a proactive approach, driving team success through effective decision-making and fostering a strong sense of teamwork and accountability.
• Exceptional Communication Skills - Strong verbal and written communication abilities, ensuring clarity, transparency, and a positive flow of information within the team.
• Financial Acumen - Passionate about financial analysis, with a focus on finding innovative, efficient solutions that align with company and property goals.
• Professional Representation - Committed to representing the organization and property with professionalism, integrity, and a customer-focused mindset.
• Availability and Flexibility - Willingness to work the required hours, demonstrating flexibility in managing time and responsibilities.
• Technical Proficiency - Advanced proficiency in Microsoft Office software; experience with PeopleSoft, ProfitSword, and UKG is desirable, but not required.
• Willingness to Travel - Ability to travel as needed, approximately 10% of the time, to support organizational needs and foster leadership development.

We will verify through E-Verify the identity and employment eligibility of all persons hired.

Marcus Hotels & Resorts is an Equal Opportunity Employer.