Director of Finance

Company: Four Seasons Hotels Ltd
Location: Seattle
Posted on: November 13, 2024

Job Description:

Four Seasons is powered by our people. We are a collective of individuals who crave to become better, to push ourselves to new heights and to treat each other as we wish to be treated in return. Our team members around the world create amazing experiences for our guests, residents, and partners through a commitment to luxury with genuine heart. We know that the best way to enable our people to deliver these exceptional guest experiences is through a world-class employee experience and company culture.At Four Seasons, we believe in recognizing a familiar face, welcoming a new one and treating everyone we meet the way we would want to be treated ourselves. Whether you work with us, stay with us, live with us or discover with us, we believe our purpose is to create impressions that will stay with you for a lifetime. It comes from our belief that life is richer when we truly connect to the people and the world around us.About the location:Sleek urban retreat in the Pacific Northwest. Surrounded by snow-capped mountain peaks, deep-blue waters and swaths of evergreen forests, Seattle is as wild as it is trendy. Our Hotel puts you in the heart of the city's downtown, with the Seattle Art Museum on one side, iconic Pike Place Market on another and the waters of Elliott Bay gleaming to the west. Wake to a fresh cup of coffee delivered straight to your room, then head out to explore eclectic neighbourhoods and craft breweries, or spend the day hiking up nearby Mount Rainier or kayaking on Lake Union. Come nightfall, meet us at Goldfinch Tavern, an Ethan Stowell Restaurant, and let our chefs show you all the best local flavours of your new favourite city.About the role:Four Seasons Hotel Seattle is looking for a Director of Finance who shares our passion for excellence and is enthusiastic about creating the ultimate service experience. The Director of Finance will be a member of a dynamic team delivering great service to our internal and external guests. This position reports to the General Manager. U.S. work authorization is required for this position.The Director of Finance forms part of the Hotel Leadership team who collectively makes key strategic and operational decisions for the Hotel. The Director is responsible for safeguarding the hotel assets and financial resources contributing towards maximizing hotel profitability, providing timely and accurate financial information and counsel to hotel senior management (and ownership) and ensuring that the hotel operates within all related local and corporate policies and procedures and under the terms of the management agreement and any other applicable agreements (e.g. loan agreements). The Director is also responsible for the development of Finance staff to aid the future growth of the company.What you will do:

• Responsible for safeguarding the hotel assets and financial resources to ensure that all are utilized to maximize hotel profitability.
• Assist General Manager in establishing and/or enhancing policies, rules, internal controls, and safeguards.
• Continuously deliver the highest level of product with respect to financial reporting and analysis, internal control compliance and business management. Ensure this is done with both integrity and accuracy.
• Ensure that bank accounts are opened in consultation with owners with a bank of strong financial standing and if local rating services are available, they should be utilized for verification of financial strength.
• Ensure the preparation of a comprehensive monthly report of the entire financial results of the hotel in established corporate formats and in accordance with generally accepted accounting principles.
• Maintain files on all contracts, leases and agreements and ensure compliance with their requirements: ensure proper authorization has been obtained for all hotel specific contracts (including Engineering), leases and other agreements and competitive bids are on file where applicable and reviewed prior to execution of contract.
• As applicable, ensure compliance with all loan covenants and the balance of long-term debt is accurate and agrees to all supporting documentation and verified when payments are made.
• Maintain insurance policies and documentation.
• Fund capital reserves in a timely manner and as required by all governing documents.
• Prepare monthly balance sheet reconciliations in accordance with generally accepted accounting principles.
• Achieve a successful score on all internal audits.
• Ensure the proper billing procedures are in place for the asset and maintain a healthy accounts receivable aging.
• Closely monitor and effectively manage labor costs in compliance with applicable Employment Laws.
• Prepare forecasts and budgets as required by corporate office, management agreements, or Residential governing documents.What you bring:
  • Three (3) to five (5) years of experience in related position with Four Seasons or other organization.
  • Four years' experience as a hotel Director of Finance preferred.
  • Reading, writing and oral proficiency in the English language, Spanish is an asset, but not required.
  • Must have a thorough knowledge of all jobs in the Accounting area.
  • Must be willing to work a flexible schedule in order to accomplish all responsibilities and tasks.
  • Must have a high degree of professional integrity, and be able to work in a safe, prudent and organized manner.
  • Must have a commitment to follow all local and corporate policies and procedures.
  • Minimum of BSC or BA in Business Administration with concentration in Accounting/Finance preferred.What we offer:
    • Salary Range: $140,000 - $160,000
    • Comprehensive Benefits Plan including medical, dental, vision, 401k, match program, and more.
    • Be part of a cohesive team with a singular focus on creating the best possible guest experience.
    • Have the ability to demonstrate your unique personality and service style while achieving the brand standards that make us Four Seasons.
    • Be encouraged to demonstrate your professional passion.
    • Have career growth opportunities both within Four Seasons Hotel Seattle and worldwide with our company.
    • Excellent Training & Development opportunities.
    • Get to experience other Four Seasons Hotels and Resorts through the complimentary room nights program.
    • Complimentary employee meals in our employee cafeteria.Schedule & Hours:The Director must be willing to work a flexible schedule in order to accomplish all major responsibilities, and be willing to accept assignments on as need basis, in order to promote teamwork. This may include some evenings, weekends and holidays. Some travel may be required.Four Seasons is an Equal Opportunity, Affirmative Action employer. Minorities, women, veterans, and individuals with disabilities are encouraged to apply.
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Keywords: Four Seasons Hotels Ltd, Olympia , Director of Finance, Executive , Seattle, Washington