Corporate Director of Finance

The Corporate Director of Finance oversees all financial operations for Performance Hospitality’s three managed and four owned hotels, along with the joint venture / partnership and corporate entities within the InSite Group in Fort Lauderdale, Florida. This leader plays a crucial role in ensuring the organization’s financial health by supporting strategic decision-making, managing risks, and leading the finance team to support growth and compliance.

1. Position Overview

• Job Title: Corporate Director of Finance
• Reports To: CEO

2. Key Responsibilities

• Ensure that all accounting functions are completed accurately and on time, maintaining compliance with financial policies and standards.
• Ensure accuracy and integrity of financial reporting, including monthly, quarterly, and annual financial statements.

• Analyze financial data to provide insights that drive strategic initiatives and support business growth.
• Lead the annual budgeting process and provide ongoing forecasting to anticipate financial performance.
• Monitor budget adherence and implement corrective actions as necessary.
• Identify, assess, and manage financial risks to safeguard the organization’s assets.
• Develop and implement policies and procedures to mitigate financial risk.
•  Ensure compliance with financial regulations and reporting standards.
•  Prepare for and coordinate audits, providing necessary documentation and responses to auditors.
• Monitor and manage cash flow to ensure operational liquidity and financial stability.
• Develop strategies for optimizing working capital and managing receivables and payables.
• Conduct financial analysis to evaluate the performance of hotels and partnerships, providing actionable insights.
• Present financial reports and key metrics to the board and stakeholders.
• Serve as the primary point of contact for financial matters, communicating effectively with internal and external stakeholders.

• Education: Bachelor’s degree in finance or accounting. The requirements are general accounting management skills. Advanced degree preferred, CPA if possible but not required.
• Experience:  8 to 15 years of experience in finance or accounting roles, including at least 5 years in managerial positions with increasing responsibilities, encompassing financial planning and analysis, budgeting, and financial reporting, ideally within the hospitality or the real estate industries.

4.Skills

• Leadership Skills: Ability to lead and manage accounting teams effectively, fostering collaboration and professional growth.
• Technical Accounting Expertise: In-depth knowledge of GAAP, USALI and financial reporting standards.
• Financial Analysis: Strong analytical skills to interpret financial data and provide actionable insights.
• Strategic Thinking: Capability to develop and implement financial strategies aligned with organizational goals.
• Communication Skills: Excellent verbal and written communication skills to convey complex financial information to non-financial stakeholders.
• Project Management: Strong organizational and project management skills to oversee multiple initiatives and deadlines.
• Risk Management: Understanding of risk assessment and the ability to implement controls to mitigate financial risks.
• Problem-Solving Skills: Ability to identify issues and develop effective solutions in a timely manner.
• Attention to Detail: High level of accuracy in financial reporting and compliance.
• Technology Proficiency: Familiarity with accounting software (QuickBooks, Dataplus), as well as advanced Excel skills.
• Budgeting and Forecasting: Experience in preparing budgets and financial forecasts to guide business decisions.
• Regulatory Knowledge: Awareness of relevant regulations and compliance requirements in the accounting field.

• Must possess a strategic mindset with a knack for analyzing situations and making sound decisions.
• Emotional intelligence is essential for building relationships and managing team dynamics.        Resilience and adaptability are crucial traits to navigate the fast-paced nature of our work.