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Director of Finance

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Job Details
Job Order Number
Company Name
Physical Address

Boothbay Harbor, ME 04538
Job Description

Benchmark’s company culture is central to our management philosophy. The company’s stated purpose is "to provide an entrepreneurial environment where determined people dare to create, share, and build futures.

To be the “benchmark” by which all others are judged takes passion, courage, and dedication. We invite you to explore our extraordinary offering of unique opportunities, all with a common goal of providing an unforgettable journey.

Job Description Summary:

BASIC FUNCTION: Seeking qualified, experienced Director of Finance to oversee the financial operations of the iconic Spruce Point Inn. He/she will provide the strategic leadership required to achieve the fiduciary and quality goals of resort guests, owners, stakeholders and employees. The DOF will ensure the effective and efficient operation of all facets of the resorts while improving on the current model and be responsible for managing in a manner consistent with the mission, operating philosophy, standards and values of the property owners and Benchmark, a global hospitality company, the managing entity.

Job Description:

Scope of this Position

+ Implement and oversee tight financial controls throughout property.

+ Report financial results to owners and management in accordance with hotel Accounting Principles each month.

+ Develop annual budget procedures and guidelines each year.

+ Schedule and conduct annual audit.

+ Direct the daily, weekly and monthly reporting process in compliance with Management and Ownership requirements.

+ Develop accurate and timely forecasts including labor management along with other departments

+ Direct control of costs and expenses in all areas. Task master.

+ Oversee compliance of local, state and federal laws.

+ Oversee risk management program, including all insurances.

+ High degree of owner contact.

+ Oversee financial training of all management.

+ In preparing for this position, candidate ideally will have worked in at least the following departments or positions: Hotel/Resort Controller, Assistant Director of Finance, Area Director of Finance

+ Manage capital expenditures according to budget

+ ROI calculations for projects and capital expenditures

+ Strategic analysis on current operations

+ Strategic planning for future operations and plans including financial modeling development and review

Job Requirements

+ Must be a citizen of this country or possess a valid work permit.

+ Five years’ experience as a hotel/resort controller overseeing multiple revenue streams in excess of $50M.

+ MBA/CPA/CHAE certifications are desirable.

+ Ability to work under pressure and meet deadlines.

+ Must have experience at properties of similar size and quality.

+ Position will be required to work a varied schedule that may include evenings, nights, and weekends.

Technical Requirements:

+ Solid training in all areas of Accounting from A/P, A/R, General Ledger, Credit, Collections, Audit, Inventory control, Payroll, Budgeting, Costing, P&L preparation and analysis, etc.

+ Work closely with Front Office, Reservations, Sales, Spa and F&B Department to assist them in identifying optimum ways to drive revenues while balancing market segments.

+ Actively involved in yield management and revenue enhancement.

+ Oversee consolidation of budgets and projections.

+ Assist Departments in budget preparation.

+ Provide management with operational reports.

+ Prepare and review daily reports. Responsible for IS/MIS function.

+ Responsible for IS/MIS, Telecommunications, and purchasing.

+ Identify and recommend software applications.

+ Review leases, contracts, agreements, subcontracts, and licenses from accounting perspective.

Leadership Requirements:

+ Ability to manage change effectively.

+ Ability to conceptualize the mission.

+ Provide leadership to position the property to achieve the mission.

+ Develop and implement business plan.

Managerial Requirements:

+ Clear, concise written and verbal communication skills.

+ Ability to sell concepts and ideas to management, peers, and employees.

+ Experience making presentations in front of groups.

+ Maintain a good working relationship with guests, groups, and personnel from other departments.

+ Demonstrate team building experience.

+ Track record promoting an atmosphere of teamwork.

+ Demonstrate ability to lead by example.

+ A mentor who has inspired, trained, and developed people for promotion. Solid career progression up through the ranks.

+ Instill a “can-do” attitude in employees. Experience training and cross-training employees.

Educational Requirements:

+ BA/BS 4-5-year degree or foreign equivalency.

+ Specific degree in Accounting or Finance

BENCHMARK®, a global hospitality company, is a trailblazer in the development, management, marketing and owner-advisory services of resorts, hotels, conference centers and exclusive private clubs. In addition to the company’ iconic Benchmark Resorts & Hotels portfolio, the Gemstone Collection is a distinctive luxury portfolio of independent hotels & resorts in highly preferred destinations.

BENCHMARK’S distinguished and proven reputation is deeply-rooted in core values that are focused and aligned with exceeding ownership and stakeholder performance expectations. The combined portfolios feature nearly 70 unique and distinctive properties domestically and internationally. The company leadership and valued employees are passionately committed to delivering the industry’ most authentic, enchanted, soulful, vibrant, unrivaled and memory-making experience.

BENCHMARK’S progressive “Be The Difference” culture and values are a cornerstone to the company’s nearly 40 years of extraordinary achievement and prosperity. Many properties have been recognized with the Benchmark Conference Centers® mark of meeting excellence.

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