Assistant Regional Director of Finance (Remote)HEI Hotels and ResortsNorwalk, CT, Remote Job
A property of: HEI Hotels & Resorts
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Job Description

Overview

The Assistant Regional Director of Finance is responsible for day to day accounting, forecasting accuracy, and budgeting of assigned HEI assets. This individual is responsible for the month end close process, balance sheet reconciliation, process improvement, and the control environment of each assigned hotel. The Assistant Regional Director of Finance will train property staff to ensure they understand HEI operating policies and the financial systems.
Responsibilities

  • Assists hotels in preparing their monthly hotel forecast, annual operating budget, and monthly financial statements. Directs and/or prepares all financial reports in accordance with HEI's requirements meeting various due dates and deadlines.
  • Reviews property ledger balances to ensure no stale balances or financial risk exists.
  • Analyzes financial data reports and operations in order to assist and advise management in maintaining the hotels' financial objectives. Performs monthly meetings with properties to continually train staff and ensure that they have the tools and resources to do their job.
  • Conducts or participates in monthly financial reviews with each region after monthly close.
  • Understands training issues and addresses or raises to the attention of the Regional Finance Lead.
  • Performs other related duties as assigned.

About Us

HEI manages an unparalleled portfolio of leading full-service branded hotels and luxury and lifestyle independent hotels across the U.S. We are the acknowledged experts on upper-upscale, luxury, and premium select-serve hotels in urban, super-suburban, and destination locations.At HEI, we recognize that our enormous success is solely the result of our greatest asset: Our People. Where people work is a choice. Against that choice, our greatest obligation is to ensure day in and day out that our associates have the compensation and benefits they deserve and industry leading tools, training and support that they need to excel. At HEI, simply said, we honor the privilege of our associates choosing us by investing in and making them more valuable.We value U.S. military experience and invite all qualified military candidates to apply.

Job Requirements

Qualifications

  • Bachelor's Degree in Accounting, Finance or related field required.
  • A minimum of 5 years' experience in Finance, Accounting or related field.
  • Sound experience working within the hotel or service industry preferably in a multi-unit capacity.
  • Previous hotel regional and Director of Finance experience recommended
  • Knowledge of hotel month-end, budgeting, forecasting, and financial preparation process.
  • A high level of Finance, Accounting, Strategy and Analysis knowledge and skills.
  • A deep understanding of the hospitality industry, including all facets of development, opening, operating, conversion and transition, owner relations and revenue management. Ability to create complex models utilizing Microsoft Excel.
  • A strong ability to successfully direct multiple and complex project work streams to successful completion.
  • An effective leader of change with an ability to communicate, instruct and engage internal talent in order to achieve ongoing and effective change.
  • Ability to effectively communicate complex concepts to diverse audiences at all levels of financial expertise.
  • Flexibility - ability to adapt to changing business needs.
  • Ability to multi-task - manage multiple projects.

Working conditions

Travel is required at least 75% of the time.

Job Details

Senior level
Full-time
Remote Job

About this location

class:
Midscale
room Count:
51-100
location Type:
Urban

Values

Customer Service
Integrity
Passion
Responsibility
Transparency
Value Creation

Perks

401(K)
401(K) Matching
Company Discounts
Dental Benefits
Disability Insurance
Health Insurance Benefits
Life Insurance
Paid Holidays
Paid Time Off
Tuition Reimbursement
Vision Benefits
Wellness Programs
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HEI Hotels and Resorts
HEI Hotels and Resortsshow more
Address101 Merritt 7, Norwalk, CT, 06851 View map
Property typeHotel 
classMidscale 
room Count51-100 
location TypeUrban 

People (9)

Marcus HarrisExecutive Vice President of Hotel FinanceMarcus Harris joined HEI over 17 years ago as a property Director of Finance. He has grown his career with our organization into a number of roles and now oversees all of the Financial activity for the hotels within our portfolio. Prior to his time with HEI, Marcus spent several years with Starwood Hotels and Resorts. Education and Affiliations: BS, Accounting, DeVry University
Rachel MonizExecutive Vice President of OperationsRachel Moniz has worked with HEI for over 10 years in a variety of different roles. She first joined the organization as the General Manager of the famed The Liberty Hotel. Her passion for the people and the industry allowed her to quickly grow with HEI and she has since taken on positions such as Regional Vice President of Operations and Group Vice President of Independent Brands and Food & Beverage prior to being named as Executive Vice President of Operations. Prior to her time with HEI, Rachel spent her career in different operational roles throughout luxury and lifestyle hotels such as the Ivy Hotel, W San Diego and the St. Regis Aspen. Rachel is involved with a variety of local Boston charities, including the Massachusetts Society for the Prevention of Cruelty to Animals, Project Bread's Walk for Hunger, and the Boston Esplanade Community Clean-Up. Education, Affiliations, Distinctions B.A, Wheelock College
Dan WalworthExecutive Vice President and Chief Compliance OfficerDan has spent nearly 20 years developing and implementing innovative processes, tools, and systems across multiple industries, including financial services, healthcare, software development, wireless technologies, and ultimately hospitality, where he has worked for the past decade. Dan joined HEI as Vice President of Operational Planning and through his success was later promoted to Senior Vice President of Operations. Most recently he became HEI's Executive Vice President and Chief Compliance Officer. Education and Affiliations MBA, Kellogg School of Management, Northwestern University BS, Applied Mathematics, Yale University
Nigel HurstExecutive Vice President of Human ResourcesNigel Hurst is responsible for all Human Resource activities for HEI's growing workforce of over 10,000 people, including recruitment, talent development, leadership development, employee relations, performance management, compensation and benefits. Nigel joined HEI in 2006 from Unilever, North America, where he was Senior Vice President, Human Resources and a member of the company's five-person overall management committee. He played a key role in the integration of Lever Brothers, Chesebrough Ponds and Helene Curtis into a single business unit with a common mission and shared values. Formerly, Nigel was senior vice president of Unilever, East Asia Pacific, where he oversaw human resource activities for the company's fastest growing region, with more than $2 billion annual revenues. Education and Affiliations BA, Business Studies, Coventry University, UK
Clark HanrattiePartner & Chief Financial OfficerClark Hanrattie is responsible for refining the firm’s investment strategies, managing the acquisition/disposition process and fund financial/tax reporting, monitoring economic and industry conditions, and overseeing the firm’s capital markets, investor relations and asset management functions. Prior to joining HEI in February 2004, Clark was a partner at Olympus Real Estate Partners, the real estate-affiliate of LBO-firm Hicks, Muse, Tate & Furst, which acquired approximately $5 billion in assets from 1994 to 2003 through three discretionary real estate funds representing nearly $1.7 billion in equity commitments. During his ten year association with Olympus, Clark rose from associate to partner/investment committee member, and was responsible for the firm’s hotel investment activities from 1999 to 2004. Clark either led, or was actively involved in, the acquisition of 63 hotels and resorts, covering approximately $1.35 billion in transaction value. Prior to Olympus, Clark was with Montford Companies, a private real estate concern based in Dallas. Education, Affiliations, Distinctions BS, Texas A&M University Member, the Hotel Development Council of the Urban Land Institute and the New York Hospitality Council
Ted DarnallCEO of HEI Hotels and Resorts Lodging and Technical Services CompanyTed Darnall is responsible for guidance and growth of HEI's property operations, asset management and design and construction divisions. A 30-year veteran of the hospitality industry and widely recognized as one of the top hotel operators in the industry, Ted has held executive positions with Starwood, Interstate, and Marriott. Ted's industry recognition is garnered from his innovative initiatives, performance-driven, results-oriented focus, and motivational leadership. Prior to joining HEI in 2006, Ted was with Starwood for 10 years where he held various executive positions which included Chief Operating Officer of Starwood Lodging Corporation, President of North America Operations, and President of Starwood Real Estate Group. Prior to Starwood, Ted was with Interstate Hotels for over 14 years, reaching the position of Senior Vice President, Operations. Darnall began his hospitality career with Marriott Corporation, where he held a number of management positions.
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