Aimbridge Corporate

Partner with the Divisional President to help the Division achieve its financial performance goals and objectives. Ensures that the hotels establish, coordinate and administers all financial systems, internal controls, and their hotel’s capital plan, prepares and reviews financial projections, operating results, financial reports and tax returns, in compliance with government regulations, Aimbridge Hospitality policies, franchise and ownership requirements. Serve as the division liaison to all auxiliary departments in Accounting, Finance, Tax and Treasury for better support to the division and its team of general managers.

The Divisional Vice President Hotel Finance is responsible for overseeing the hotels’ Directors of Finance (or the financial-management activities of other designated associates at hotels without DOFs) and for ensuring short- and long-term financial planning and the routine financial and performance analysis of the Division, including developing and recommending the department's budget and objectives, ensuring that they manage within those approved plans, and proactive analysis on performance trends and financial results to help the division harvest revenues opportunities and increase profitability. Reports to and consults with the Senior Vice President Hotel Finance on Division and hotel performance, activity, owner relations’ and compliance with Aimbridge policies and procedures.

QUALIFICATIONS:

• Education:
  • A four year college degree is required (Accounting major preferred).
• Experience:
  • Ten or more years of employment in a related position within Aimbridge Hospitality or other hospitality management organization(s).
• Skills and Abilities:
  • Requires advanced knowledge of the accounting, finance and hospitality profession Requires working knowledge of major hotel operational concepts, and the skill to integrate those concepts into a financial perspective, and communicate that information to a diverse audience of management and ownership
  • Requires experience working in a hotel or corporate environment with hotel oversight.
  • Ability to study, analyze and interpret complex activities or information in order to improve known practices and/or develop new approaches
  • Ability to make interpret general policies and procedures and apply to specific, complex circumstances
  • Must possess sufficient communication skills to allow for the ability to exchange ideas with, persuade, and/or influence others in the process of problem resolution and/or negotiation; with management, ownership, guests, vendors, etc.
  • Must possess intermediate-level skills in the use of standard business software applications; including, a generic knowledge of commonly used hotel accounting systems such as Property Management systems, Point of Sales systems, timekeeping and payroll processing systems.

JOB RESPONSIBILITIES:

• Act as a Partner, financial consultant; provide information on the financial impact of business decisions to Division leadership and all levels of management - responsible for policy or action concerning any phase of the business - that relates to attainment of objectives, effectiveness of policies, organization structure, and procedures. (25%)
• Establish, coordinate and administer an adequate plan for the control of operations for a region of hotels. This plan would provide; profit planning, revenue and expense projections (in the form of budgets, forecasts and other projections), capital requirements, cost control standards, and the necessary procedures for affecting the plan. (25%)
• Ensure that hotels formulate local accounting policies, coordinate systems and procedures, prepare operating data and special reports (as required) to compare performance with operating plans and standards, and to report and interpret the results of operations to all levels of management and ownership (where applicable). Ensure that timely information is provided in order to maximize profits. (10%)
• Maintain involvement in the supervision of tax audits, and assist in coordinating the responses to governmental reporting requests. (5%)
• Ensure all hotels’ compliance with Hotel Finance Standard Operating Procedures, legal requirements, and contractual obligations (including those stipulated in the management agreements) through the effective utilization of internal controls, auditing and security procedures. Ensure that the hotel’s bring all deviations to the attention of the hotel General Manager and appropriate regional management, and act with them to protect the hotels’ assets. (5%)
• Manage the hotels’ Directors of Finance and their staff in a manner conducive to the attraction, retain and motivation of team members. Hire, train, develop, empower, coach and counsel, conduct performance and salary reviews, resolve problems, and provide open communication vehicles to the teams. Discipline the Directors of Finance as may be appropriate, up to and including termination. (10%).
• Exercise their fiduciary responsibility to Aimbridge Hospitality in the discharge of their managerial duties. (10%)
• Perform special projects and other responsibilities as assigned. (10%)

PROPERTY INFORMATION:

At Aimbridge, hospitality is at the heart of everything we do. As the world's leading global hospitality management company, we are dedicated to being the most trusted hotel operator and employer in the industry. With a portfolio of over 80 respected hotel brands and a commitment to creating exceptional guest experiences, we focus on strong relationships with our partners and creating a strong culture for our team members. Join us in setting the new standard for hospitality excellence, where trust is the foundation of our success story.

Application deadline for Colorado positions: