Company Background The Standard is one of the most culturally engaged hotels in the world. Hotels with real cultural life, an inclusive spirit and true creative attitude. A destination layered with events and amusements that leaves you with an uplifted feeling. Mission Statement To create experience by embracing and empowering a diverse collective of team members, collaborators, and guests, who choose to call The Standard home. Our Purpose Our promise is to ensure that a stay is an experience and that a memory means making friends and having stories to tell. To understand why it exists, is to understand that The Standard, is a platform for people to meet, to engage, to learn, to dine, to sleep, to dance, to hideaway, to make believe and to do so whilst being yourself and having fun doing it. #StandardFamily Job Title: Director of Finance Department: Finance Location: The Standard, High Line Reporting to: Managing Director Responsible for: Accounting Department Main Duties & Responsibilities Accountable for the entire financial operation and control of the property. Monitor hotel and food & beverage revenues and expenses and ensure the accurate recording in accordance with established guidelines. Investigate and critique variances to budget or to prior year and offer practical improvement methodologies. Monitor the capital planning process by calculating the 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. Create an environment of control and economic responsibility for the property in all departments. Establish property systems and controls by effectively and efficiently utilizing the property’s financial resources. Analyze financial data and operations to assist and advise executive team in maintaining the property’s financial objectives. Ensure that all balance sheet accounts, including bank reconciliations, are reconciled on a timely basis. Develop and maintain Finance staff structure. Embrace a continuous growth environment by recruiting, hiring, training, disciplining and rewarding an inventory of Controllers, Assistant Controllers, Accounting Managers, and other Finance employees for the organization. Assist in preparing and executing monthly Ownership financial package. Provide oversight to ensure that Internal Audit minimum score of 80% is achieved. Specific Requirements: Bachelor’s degree in Finance, Accounting, or a related field; MBA or CPA preferred Minimum of 8 years of experience in a financial leadership role, ideally within hospitality or a related industry Experience preferably in an upscale or lifestyle brand hotel Strong leadership and organizational skills, with the ability to lead cross-functional teams Proficiency and accuracy in creating and analyzing Financial Statements and reports Proficiency with financial software systems and tools Possess a gracious, friendly, and fun demeanor. Ability to multitask, work in a fast-paced environment and have a high-level attention to detail. Maintain positive and productive working relationships with other employees and departments. Ability to work independently and to partner with others to promote an environment of teamwork. Flexibility to work a varied schedule, which may include weekends and holidays. Satisfactorily communicate with guests, management and co-workers to their understanding Physical Requirements: Move, lift, carry, push, pull, and place objects weighing less than or equal to 15 lb. without assistance. Requires grasping, writing, standing, sitting, walking, repetitive motions, bending, climbing, listening and hearing ability and visual acuity. Stand, sit, or walk for an extended period of time or for an entire work shift. Reach overhead and below the knees, including bending, twisting, pulling, and stooping. Remain in stationary position for extended periods of time. Compensation and Benefits Pay Rate $200k - 250k / Year Excellent and Affordable Health care coverage Life Insurance, Disability Insurance, Pet Insurance 160 hours of PTO / year and Company recognized holidays Employee Discounts on Rooms, F&B, Retail, and The Standard Marketplace Employee Meals, Employee Referral Program, Commuter Discounts Regular fun staff events and celebrations!!!
Job Title
Director Of Finance