Director of Finance

Company Description

We are looking for a Director of Finance to join the re-opening of the famed Delano Miami Beach.

Set to open its doors in 2025, Delano Miami Beach will fuse historic charm with contemporary luxury, reflecting a reimagined experience that pays homage to the original visionary concept. Comprising 170 rooms and distinct food and beverage concepts, the hotel will preserve its iconic walk-in pool and, in addition, unveil a new pool on an amenity deck, offering breathtaking views of the ocean. Delano Miami Beach will act as the brand’s flagship location, re-establishing Delano as a trailblazer in luxury lifestyle hospitality. Ennismore, in partnership with Cain International (the owners of Delano Miami Beach as well as partner in the Delano brand), are currently undertaking a significant renovation and redevelopment of the iconic Delano hotel with an aim to open its doors again ahead of the 2025 winter high season.

In the role of Director of Finance,you'll be responsible for providing consistent leadership in the financial area of the hotel by supplying management with guidance and training. You’ll be responsible for focusing on the profitability of the business, maintaining accurate and timely financial reporting, ensuring acceptable levels on internal control, ensuring compliance with all federal, state, and local regulations, and safeguarding owners/investors assets.

Job Description

What you'll do...

• Manage and communicate cash flow related issues which includes the accurate and timely preparation of cash flow statements, management of receivables, payables, cash balances, control mechanisms and timely deposits of all funds
• Monitor hotel revenues and expenses and ensure the accurate recording in accordance with the hotel established guidelines
• Create annual budgets and monthly variance analysis
• Monitor the accurate production of the hotel daily operating report
• Direct and/or prepare all financial reports in accordance with requirements meeting various deadlines
• Investigate and critique variances to budget or to prior year and offer practical improvement methodologies to management
• Monitor the capital planning process by assisting management with the calculation of return on capital improvements, gathering support and monitoring the bid process, and ensuring proper upkeep of the property by evaluating scope of work and specifications
• Complies with Standard Accounting policies and procedures and internal controls for finance and accounting operations
• Ensure hotels’ compliance on all regulatory licenses and permits, leases, contracts, legal agreements, and the proper execution of all operational taxes
• Provide assistance to management in enforcing compliance on all these items
• Analyze financial data and operations in order to assist and advise management in maintaining the hotels’ financial objectives. Ensure that all balance sheet accounts, including bank reconciliation’s are reconciled on a timely basis
• Embrace a continuous growth environment by actively providing feedback, coaching and supporting the hotel’s operational leader
• Hire, train, supervise and develop Finance team, including coaching and counseling
• Partner with Executive Committee on areas of collaboration to assure that property operations are on track and under control at all times

Qualifications

What we're looking for...

• College Degree in Business, Hospitality, Accounting/Finance or related field preferred
• Minimum of 7 (seven) years of progressive Finance/Accounting management experience in a full-service property, luxury hotel or brand
• Considerable skill in math and algebraic equations using percentages.
• A proficient understanding of Computer systems such as: Opera, Microsoft Word, Excel, Outlook & HRIS systems .
• Hotel opening experience strongly preferred
• Bilingual in English and Spanish preferred.
• Ability to prioritize and adapt to the changing needs of the operation.
• You’re a strong team leader, a natural at managing and inspiring others in a way that gets the best out of them.
• You combine analytical and methodical thinking with high attention to detail and a solution-focused approach.
• You have a passion for hospitality, you inspire an enthusiastic guest-centered approach.
• You can turn any situation around into a positive experience for all, guests and team alike.
• You think big and encourage your team to believe.
• You are comfortable with the strategic as well as day to day detail.
• You are a natural at leading and managing others, and you lead by example, creating an environment where your team can be their best self.
• You are able to easily identify and utilize emerging trends and technology to generate revenue.
• You exhibit a professional attitude, diplomacy and an ability to handle difficult situations.
• You are highly responsible, reliable and ethical. A reputation for honesty and integrity.
• You get things done, independently and skilled at taking decisive action.

Additional Information

What’s in it for you…

• The opportunity to join an innovative, fast-growing, international group that’s committed to not just building new hotels but building a global brand.
• The chance to challenge the norm and work in an environment that is both creative and rewarding.
• Become part of a team that’s very passionate about creating great hospitality experiences and exploring new locations at every opportunity.
• A competitive package and plenty of opportunity for development.

Delano is part of the Lifestyle Collective of Ennismore. Ennismore is a creative hospitality company with a global collective of entrepreneurial and founder-built brands with purpose at their heart. Ennismore and Accor entered a joint venture in 2021, creating a new autonomous entity and the world’s fastest-growing lifestyle and leisure hospitality company.