Fairfax, Virginia, USA
6 days ago
Vice President of Financial Review And Planning

At Crescent Hotels & Resorts, we are a team of hospitality professionals that are deeply connected to and proud of the exceptional experiences we provide for our guests. More than that, we know our Associates are the shining stars of what we do!

We understand what it takes to be a part of something great. We will encourage you to bring your true self to work every day, we will celebrate you and we will cheer you on as you shine bright in your career journey. Whether it be our health & wellness programs, best in class learning and development or our travel discounts that ‘feed your inner explorer’, we work hard to create and deliver on what YOU need.  We are ready for you to start your journey with us where You Belong. We Care. Shine Bright.     

We are committed to providing you with: 

Highly competitive salary An exceptional benefit plan for eligible associates & your family members  401K matching program for eligible associates  Flexible scheduling to allow you to focus on what is important to you  Discounts with our Crescent managed properties in North America for you & your family members

 

The VP of FINANCIAL REVIEW AND PLANNING is responsible for review and improvement of financial results of properties assigned. Assessment of the operations in conjunction with the VP of Operations and VP of Finance over the properties. Review of processes, compliance and training to improve the property’s financial results.

What you will be doing?

 Review of hotel financials for any deviations of profitability metrics and opportunities for improvement - resulting in increased flow through at GOP. Follow up with Regional VP Operations and VP Finance on specific areas noted needing improvement. Review of all processes of hotel financial and operational activity. Review financial functions, controls, policies and training. Provide financial training with all key hotel personnel. Processes to provide timely and well composed Forecasts and Budgets with the full involvement of the Executive Committee. Prepare an action plan specific to property to cover. Property is in alignment with proforma and processes for annual forecasting with a focus on 30,60 and 90 targets while making appropriate adjustments to hit targets. Training management of financial responsibilities – staff scheduling and expense controls. Understanding productivity metrics and how improvements impact overall profitability. Process for weekly forecast review – Act/Def compared to Forecast by line item – Reach/Pace. Process for monthly financial review – GL detail compared to Checkbook. Review of subsequent financials for implemented changes and the resulting financial impact. Any other related financial related reviews and training that are deemed pertinent.

Qualifications:

 A minimum of 15 years of related progressive experience in hotel Accounting or related field; or a 4-year college degree with an Accounting/Finance concentration and a minimum of 10 years of related progressive experience; or a 2-year college degree and a minimum of 12 years of related progressive experience. Must be proficient in Windows, Excel, Word for Windows and PowerPoint. Proficiency in one or more back-office and front office systems is recommended.
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