[Remote] Director of Finance

Note: The job is a remote job and is open to candidates in USA. Transformation Hospitality Solutions is seeking a Director of Finance to provide strategic financial leadership for a full-service branded hotel. The role involves overseeing all accounting operations, ensuring accurate financial reporting, maintaining internal controls, and collaborating with hotel management to enhance profitability and financial performance.

Responsibilities

• Direct and oversee all hotel accounting operations, including general ledger, accounts payable, income audit, payroll coordination, and cash management
• Ensure timely and accurate month-end close, financial statements, forecasts, and management reports in accordance with ownership and brand standards
• Prepare and analyze financial results, budgets, forecasts, and variance explanations for hotel leadership and ownership
• Communicate financial performance, trends, and risks clearly to the General Manager and ownership group
• Monitor cash flow, working capital, and banking activity, ensuring timely deposits and disbursements
• Establish, monitor, and enforce internal controls to safeguard hotel assets and minimize financial risk
• Ensure compliance with all federal, state, and local regulations, including sales tax, occupancy tax, payroll tax, and licensing requirements
• Oversee audits and coordinate with external auditors, tax advisors, and ownership representatives
• Ensure compliance with management company and brand accounting standards and policies
• Lead the annual budget process in collaboration with hotel leadership and ownership
• Monitor revenues and expenses daily to ensure alignment with forecast and budget expectations
• Analyze operating results and provide actionable recommendations to improve profitability
• Support capital planning, including ROI analysis, bid review, and monitoring of approved capital projects
• Lead, train, and develop the hotel accounting team, promoting accuracy, accountability, and professional growth
• Establish clear expectations, workflows, and deadlines for the finance team
• Foster strong collaboration between Finance, Operations, Sales, and Revenue Management
• Ensure effective use of hotel financial and operational systems, including accounting, budgeting, purchasing, and POS platforms
• Maintain accurate financial data across systems and ensure proper system controls and reconciliations

Skills

• Minimum of 5+ years of progressive hotel accounting experience, with full-service hotel experience required
• Strong knowledge of hotel accounting practices, including month-end close, accruals, reconciliations, and financial statement analysis
• Proven leadership experience managing and developing accounting teams
• Experience working directly with ownership groups and asset managers
• Advanced analytical, organizational, and problem-solving skills
• Strong communication skills with the ability to explain financial results to non-financial leaders
• Prior experience as a Director of Finance, Assistant Director of Finance, or Senior Accounting Manager in a branded hotel environment preferred
• Hotel accounting and reporting platforms such as M3, ProfitSword, NetSuite, Sage Intacct, or similar
• Purchasing and inventory systems such as BirchStreet
• PMS and POS systems such as Opera, Lightspeed, Toast, or similar
• Advanced proficiency in Microsoft Excel and financial reporting tools

Company Overview