Area Director of Finance

Qualifications
Education/Formal Training
A four-year college degree (preferably in finance, business and accounting) or equivalent education/experience
Experience required by position is five to ten years of employment in a related position with this company or other organization(s)
Proficiency in managing hotel financial systems and ability to train and develop finance staff
Proficiency with hotel Key Performance Metrics (RevPAR, GOPPOR, GOPPAR, etc.)
Requires knowledge of all hotel accounting functions performed by the subordinate reporting directly or indirectly
Requires advanced knowledge of the accounting, finance and hospitality professions
Requires ability to analyze activities or information involving some original data manipulation or interpretation to arrive at logical conclusions
Bank Reconciliations, Preparation of State and Federal Reports, Training of Accounting staff employees, Conducting or participating in meetings, Analysis of Balance Sheet Accounts, Preparation of Journal entries, closing the books and preparing the Balance, Sheet Package
The physical demands described here are representative of those that must be met by an associate to successfully perform the essential functions of this job
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions
Lifting, pushing, pulling, carrying -limited lifting, pushing, pulling, carrying up to 15-20 lbs
Mobility -limited mobility between offices and departments
No continuous standing, climbing or driving
Excellent hearing required to train and interact with management and associates
Excellent vision required to read reports, computer, etc
Benefits
Work inside +5% of work period
Eligible to participate in Sage bonus plan
Unlimited paid time off
Medical, dental, & vision insurance
Eligible to participate in the Company’s 401(k) program with employer matching
Health savings and flexible spending accounts
Basic Life and AD&D insurance
Company-paid short-term disability
Paid FMLA leave for up to a period of 12 weeks
Employee Assistance Program
Great discounts on Hotels, Restaurants, and much more
Eligible to participate in the Employee Referral Bonus Program
Up to $1,000 per referral
USD $150,000.00 - USD $170,000.00 /Yr
Min: USD $150,000.00/Yr
Max: USD $170,000.00/Yr
Responsibilities
The Area Director of Finance is the financial leader of assigned hotels
Oversees all areas in finance, especially payroll, budgeting, forecasting and relevant duties
Supporting multiple hotels requires an ability to demonstrate excellent leadership skills, provides accurate and timely financial reports as requested by leadership and corporate
Implements internal control procedures that safeguard leaders, owner, assets and complies with Federal, State and Local regulations
Supports multiple hotels across all areas of financial compliance and reporting, budgeting development and management
Readily assist in the operation of each leaders department and special projects
Identifies risks and presents solutions that guides leaders in making effective decisions that meets the financial interests of the hotels
Develops annual operating budget, operating plan and financial goals
Achieves budgeted revenues, costs and profits through financial diligence and expenditure controls and proficient accounting and finance practices
Set written priorities and key objectives for each department head quarterly including action plan and completion date
Follow up to assure successful implementation and follow-through and take corrective action in the event of failure to meet assigned objectives
Monthly forecasting of operating staff and cost expenditures
Business planning in line with forecasted sales and costs including guidance to department heads
Monthly review of financial statement in order to correct problems, assure spending is in line and to plan for future business
Review and approve all expenses in "other expense" categories in all departments
Regularly review all major expenses to assure that funds are wisely expended
Promotes associate moral and loyalty within their department and hotel, leading to reduced turnover
Communicate, counsel and assist in staff development
Visible and available to all associates in accordance with the Company's open door policy
Attend monthly department employee meetings whenever possible
Assure level of experience, knowledge and ability to meet job requirements of all hotel management
Cost Controls Review controls and assure adherence at all times in order to protect the hotel's property/assets
Review sales solicitation activities, room nights productivity and group room rates sold by sales
Review individual productivity and corrective actions are taken
Evaluate market mix and take action in order to best position the hotel for increased business
Involvement in sales solicitation of key accounts by reviewing contracts, meeting with sales department, visit key account contacts in person and by phone
Review monthly financial statements with property leaders and provide strategic guidance for changes in business needs to ensure profit margins are in line with business plan
All other duties as assigned, requested or deemed necessary by management
Ability to develop, manage, and optimize hotel budgets to meet operational goals
Expertise in financial forecasting to predict hotel performance, including anticipation of revenue fluctuations and proactively present strategic guidance to hotel teams in order to maximize profit and alignment of business plan
Expertise in cash flow management to ensure hotel’s financial performance aligns with business plan and strategic goals
Generally boxes, computer equipment
Bending/kneeling -limited bending/kneeling required when arranging supplies or equipment
Job description
Why us?

Sage Hospitality Group is looking for an Area Director of Finance to join us supporting the Embassy Suites by Hilton Irvine Orange County Airport and the Pierside Santa Monica.

As part of Sage Hospitality Group, we passionately strive to be the best and create excellence in everything we do. We believe in enriching lives one experience at a time. More than a slogan, we empower our employees to make positive impacts on the communities in which we live and work. By providing genuine service we build relationships with our guests and value for our shareholders, and we create unforgettable experiences.

We are looking for independent thinkers. Those who harness their entrepreneurial spirit so that it breaks preconceived notions. We’re not afraid to forge our own path. After all, it’s what industry leaders do. That’s why we welcome risk takers and creative spirits alike. No matter your daily role, Sage recognizes that your success is about more than the work you do—it’s really about who you are, which is why we invest in your personal and professional growth. We hope you consider joining us!

Job Overview

The Area Director of Finance is the financial leader of assigned hotels. Oversees all areas in finance, especially payroll, budgeting, forecasting and relevant duties. Supporting multiple hotels requires an ability to demonstrate excellent leadership skills, provides accurate and timely financial reports as requested by leadership and corporate. Implements internal control procedures that safeguard leaders, owner, assets and complies with Federal, State and Local regulations.

Responsibilities
• Supports multiple hotels across all areas of financial compliance and reporting, budgeting development and management.
• Readily assist in the operation of each leaders department and special projects. Identifies risks and presents solutions that guides leaders in making effective decisions that meets the financial interests of the hotels.
• Develops annual operating budget, operating plan and financial goals. Achieves budgeted revenues, costs and profits through financial diligence and expenditure controls and proficient accounting and finance practices.
• Set written priorities and key objectives for each department head quarterly including action plan and completion date. Follow up to assure successful implementation and follow-through and take corrective action in the event of failure to meet assigned objectives.
• Monthly forecasting of operating staff and cost expenditures. Business planning in line with forecasted sales and costs including guidance to department heads.
• Monthly review of financial statement in order to correct problems, assure spending is in line and to plan for future business. Review and approve all expenses in "other expense" categories in all departments. Regularly review all major expenses to assure that funds are wisely expended.
• Promotes associate moral and loyalty within their department and hotel, leading to reduced turnover. Communicate, counsel and assist in staff development. Visible and available to all associates in accordance with the Company's open door policy. Attend monthly department employee meetings whenever possible.
• Assure level of experience, knowledge and ability to meet job requirements of all hotel management. Cost Controls Review controls and assure adherence at all times in order to protect the hotel's property/assets.
• Review sales solicitation activities, room nights productivity and group room rates sold by sales. Review individual productivity and corrective actions are taken. Evaluate market mix and take action in order to best position the hotel for increased business. Involvement in sales solicitation of key accounts by reviewing contracts, meeting with sales department, visit key account contacts in person and by phone.
• Review monthly financial statements with property leaders and provide strategic guidance for changes in business needs to ensure profit margins are in line with business plan

OTHER RESPONSIBILITIES
• All other duties as assigned, requested or deemed necessary by management.

SUPERVISORY DUTIES

3-5 Associates

Qualifications

Education/Formal Training

A four-year college degree (preferably in finance, business and accounting) or equivalent education/experience.

Experience

Experience required by position is five to ten years of employment in a related position with this company or other organization(s).

Knowledge/Skills
• Ability to develop, manage, and optimize hotel budgets to meet operational goals
• Expertise in financial forecasting to predict hotel performance, including anticipation of revenue fluctuations and proactively present strategic guidance to hotel teams in order to maximize profit and alignment of business plan.
• Expertise in cash flow management to ensure hotel’s financial performance aligns with business plan and strategic goals
• Proficiency in managing hotel financial systems and ability to train and develop finance staff
• Proficiency with hotel Key Performance Metrics (RevPAR, GOPPOR, GOPPAR, etc.)
• Requires knowledge of all hotel accounting functions performed by the subordinate reporting directly or indirectly.
• Requires advanced knowledge of the accounting, finance and hospitality professions.
• Requires ability to analyze activities or information involving some original data manipulation or interpretation to arrive at logical conclusions.
• Bank Reconciliations, Preparation of State and Federal Reports, Training of Accounting staff employees, Conducting or participating in meetings, Analysis of Balance Sheet Accounts, Preparation of Journal entries, closing the books and preparing the Balance, Sheet Package.

Physical Demands

The physical demands described here are representative of those that must be met by an associate to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
• Lifting, pushing, pulling, carrying -limited lifting, pushing, pulling, carrying up to 15-20 lbs. Generally boxes, computer equipment.
• Bending/kneeling -limited bending/kneeling required when arranging supplies or equipment.
• Mobility -limited mobility between offices and departments. No continuous standing, climbing or driving.
• Excellent hearing required to train and interact with management and associates.
• Excellent vision required to read reports, computer, etc.

Environment

Work inside +5% of work period.

Benefits
• Eligible to participate in Sage bonus plan
• Unlimited paid time off
• Medical, dental, & vision insurance
• Eligible to participate in the Company’s 401(k) program with employer matching
• Health savings and flexible spending accounts
• Basic Life and AD&D insurance
• Company-paid short-term disability
• Paid FMLA leave for up to a period of 12 weeks
• Employee Assistance Program
• Great discounts on Hotels, Restaurants, and much more.
• Eligible to participate in the Employee Referral Bonus Program. Up to $1,000 per referral.

Salary

USD $150,000.00 - USD $170,000.00 /Yr.

ID: 2025-26262

Position Type: Regular Full-Time

Property : The Pierside Hotel

Outlet: Hotel

Category: Finance & Accounting

Min: USD $150,000.00/Yr.

Max: USD $170,000.00/Yr.

Address : 120 Colorado Ave

City : Santa Monica

State : California

EOE Protected Veterans/Disability

United States
California
Santa Monica Show on map Get directions