Job Opening for Director of Finance in Magnolia Hotel Denver (818 17th Street, Denver, CO 80202)



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Job Category : Business
Company Name: Magnolia Hotel Denver
Position Name: Director of Finance
Location : 818 17th Street, Denver, CO 80202
Job Description : Director of Finance – Magnolia DenverMagnolia DenverDenverColoradoJob OverviewThis position supervises and directs the financial activities and safeguards the assets, and prepares all financial reports in accordance with Generally Accepted Accounting Principles (GAAP). This role adds value and will serve as a financial advisor to Management and Ownership.Essential FunctionsMonitor and approve all sales, purchases, salaries, and expenses of the hotelAnalyze financial data of operations in order to educate and advise hotel staff and management on the value and benefits of internal controls and maintaining an efficient operationAssist and counsel all department heads in the interpretation of financial data and recommend courses of action to maximize profitabilityPrepare review, and present the monthly financials and the annual forecast projections throughout the year and advise hotel management, corporate office, and owners of any major variances and their impact on the operationDevelop and monitor internal controls to safeguard hotel assets. Maintain adequate internal control over revenues, expenses, assets and liabilities of the hotel and ensure accounts are maintained according to GAAP and Uniform System of AccountsHire, train, and supervise Accounting Department staff including coaching, counseling, and discipline. Direct accounting staff to ensure accurate accounting and timely reporting of financial data to department heads, hotel management, corporate office, and owners in accordance with GAAPQualificationsHigh School graduate or equivalent requiredAt least 3 years’ experience in Finance field preferredAt least 2 years’ experience in direct supervision and management preferredProperty IntroductionAt the Magnolia Denver, we have an inviting spirit and dedication to making guests feel instinctively cared for. Restored to reflect its original appearance, The Magnolia Denver, a landmark edifice built in 1910 includes original architectural masonry details and an exterior clock reminiscent of 17th Street’s past as the “wall street of the west.” Where historic details add interest to the chic design of our thoughtfully appointed rooms, you will be a part of delivering pure hospitality in the center of downtown at Magnolia Denver, a Tribute Portfolio Hotel.Company IntroductionOur team members are the true soul of our company. We think differently. About travel, but also about the ways in which we deliver on our promise to engage, delight, awaken and challenge our team members as well as our guests. We are deeply committed to the foundation of core values that molds our interactions with everyone we encounter – our guests, our clients, our team and our communities. We create engaging, impactful environments that connect people and place, awaken the spirit, and allow team members with talent, integrity and heart to thrive. We believe our team members are the true soul of our company. We invite you to join us on this journey.We offer a competitive benefits package!Area of InterestAccounting & FinanceJob TypeFull TimeType of PositionMid and Senior Level ManagementSalary$90K – $100K / year DOEJob Type: Full-timePay: $90,000.00 – $100,000.00 per yearBenefits:401(k)401(k) matchingDental insuranceEmployee discountFlexible spending accountHealth insuranceHealth savings accountLife insurancePaid time offReferral programRetirement planVision insurancePhysical Setting:OfficeSchedule:8 hour shiftSupplemental Pay:Bonus payAbility to commute/relocate:Denver, CO: Reliably commute or planning to relocate before starting work (Preferred)Education:High school or equivalent (Preferred)Experience:Accounting: 3 years (Preferred)Work Location: One location

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