Director of Finance

About Us Surround yourself with modern comforts at the San Diego Marriott La Jolla. Our stylish hotel positions you near La Jolla Shores, Birch Aquarium, the University of California, San Diego and the Westfield UTC shopping mall. The San Diego Trolley line has been extended North and now stops outside our hotel for commuting. Our associates enjoy daily free meals in our spacious associate cafeteria, a monthly Town Hall/luncheon in our ballroom with special delights from our Chef and games and prizes, free parking on site, and hotel discounts with all Marriott brands worldwide.

Join our commitment to our community with monthly volunteer activities throughout the city. Don’t meet every single requirement of this job? At HEI we are dedicated to building a diverse and inclusive workplace, so if you’re excited about this role but your experience doesn’t align perfectly with every qualification, we encourage you to still send in your information. You may be the perfect candidate for this or for other roles within our organization.

We value U.S. military experience and invite all qualified military candidates to apply.

Supervises and directs the financial activities of the hotel, safeguards the assets, and prepares all financial reports in accordance with generally accepted accounting principles and HEI Hotels and Resorts Standards.

Executive Committee Responsibilities

• Ability to perform special financial analysis as needed and/or requested by General Manager and Corporate Office.
• Provide accurate financial reporting based on the HMA requirements.
• Provide timely and accurate communication with ownership group.
• Practical solutions from a cost vs. benefits viewpoint. Provide accurate policy interpretations.
• Actively participate in Executive Committee and staff meetings.
• Assist other managers in analyzing statements, distributions, and other financial data.
• Support and comply with property standards and Corporate SOPs.

Financial and Accounting Practices, Procedures, and Policies

• Skill in correcting deficiencies identified on Internal Audit report.
• Effective use of the Controller's Checklist.
• Maintain effective cash control system with audits and reports for each period.
• Review security over assets and auditing inventories.
• Understanding of all pertinent leases, contracts, agreements, covenants, and restrictions.
• Knowledge of City, County, State sales tax laws and laws dealing with innkeepers, liquor, and labor.

Budget Preparation

• Schedule and coordinate the preparation and presentation of the annual operating budget.
• Coordinate all aspects of the capital expenditures budget according to SOP.

Capital Expenditure Control

• Control the Capital Expenditure program and complete ROI Analysis.

Financial Objectives

• Complete entries required for preparation of the financial statements. Review statements for inaccurate data and make corrections within the following period.
• Inform the General Manager and HEI Corporate management of current and potential financial problems.
• Keep management informed of sales and profit attainment throughout the period.
• Coordinate the property's labor management system.

Accounts Receivable

• Maintain appropriate standards for 60-90 day accounts. Conform to standards regarding the average collection period.
• Documenting the local credit policy and auditing property compliances.
• Approve all major accounts for credit as defined by local policy.
• Conduct credit and write-off meetings as requested.
• Submit accurate and timely critiques and credit loss reports as required.
• Review all major banquet functions and group accounts for proper credit extensions prior to arrival.
• Maintain standard regarding level of bad debt expenses as related to credit sales.
• Aggressively fulfill the accounts receivable management responsibilities to maximize receivable realizations.

Responses to Corporate Staff

• Complete financial required reports and requests from HEI Corporate offices. Establish other reports or documents, outside of SOPs as needed.

Balances in Asset and Liability Accounts

• Reconcile account balances on a current basis.
• Establish balances in accruals, pre-paid, and other accounts using…