Director of Finance - Job at Aparium Hotel Group in Minneapolis, MN

Director of Finance

Minneapolis, MN

Posted 20 days ago

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Job Description

Position: Director of Finance

Location:

Minneapolis, MN

Job Id: 638

# of Openings: 1

DIRECTOR OF FINANCE
Reports to the General Manager, position is exempt

WHO WE ARE
Hotels done differently. It's not just a slogan it is who we are in everything we do. We believe in the power of People, Place and Character; ensuring our properties are a place where individuals are valued and celebrated as a tribute to the neighborhoods and the people of the communities in which we operate; elevating our associates' pride in who they are, where they live and who we serve.

Hewing Hotel is in Minneapolis' vibrant North Loop neighborhood, more commonly known as the Warehouse District, joining cultural stalwarts Traffic Zone Center for Visual Arts and Target Field, home to baseball's Minnesota Twins. With easy access to all interstates as well as Minneapolis' Metro Transit Blue Line and Northstar Commuter Rail, The Hewing sits at the literal crossroads of the Twin Cities.

While Minneapolis presents a plethora of hospitality options, none tap into the local culture to create importance and significance beyond the business traveler. The Hewing occupies the historic Jackson Building, originally built in 1897, at the gateway to the Warehouse District, immediately tying it to local culture like no other competitor.

The hotel is managed by Aparium who was founded in 2011 by Chicago hospitality executive and entrepreneur Mario Tricoci and luxury hotel veteran Kevin Robinson. The duo saw a clear need for a company that could bring c-suite service and accommodations to underserved, yet distinct and important cities, while maintaining and celebrating the unadulterated character of each. Driven by the belief that all hospitality experiences should be fueled by the poetics of their surroundings, Aparium was born with an intense focus on unearthing the amazing moments unique to every city.

WHO YOU ARE

You are confident in your abilities to be a General (strategic thinker) and a Soldier (tactical doer). Your experiences have led you to understand that there is an art + science in balancing a hotel's financial responsibilities with the importance of engaged and valued hotel staff. You enjoy the camaraderie of a team and know that everyone plays an important role, no matter their title. When one of the members of the team goes down, you are the first to jump in and pick them up. You know the ins and the outs of every accounting position in your office and are willing to jump in the trenches and find solutions to improving the process.

THE ROLE

We believe every individual should be proud of who they are, where they come from, and take pride in who we serve. We are in search of a diverse leader for the role of Director of Finance, who will lead the accounting and finance responsibilities and have oversight of the human resources practices of the hotel. This position is responsible for promoting and adhering to GAAP compliance, alignment with the AHLA Uniform System of Accounts, and implementing human resources practices. It is crucial this role position themselves as the go-to person in the hotel for support, coaching, and education on company accounting and employment processes, procedures, and practices. The Director of Finance reports to the General Manager, collaborates closely with their peers who are the Executive Committee, and the Aparium Finance team in achieving financially sound and strategic business decisions.

WHAT YOU WILL DO

ACCOUNTING + FINANCE RESPONSIBILITIES

Lead and be responsible for the accounting and finance procedures, practices, and policies for the hotel, ensuring the execution and of all accounting tasks and required deadlines are achieved
Lead the preparation of budgets and forecasts for the hotel; working collaboratively to establish and recommend to management major economic objectives and policies for the Hotel.
Develop and implement procedures and necessary training to promote the efficient, effective, and timely completion of accounting activities by property accountants and managers, and those responsible for cash handling
Provide financial analysis as required from Aparium key stakeholders; and readily collaborate with EVP of Finance, VP of Finance, GM on hotel financial goals through reports and advising; responsible for tracking and preparing cash flow statements
Administer, maintain, and enforce legal and finance compliance initiatives, policies, and procedures (including SOX, PCI, and other legal financial reporting); and ensure adherence to Aparium policies and procedures and all applicable laws.
Oversee the hotel's financial reporting and records management; coordinate and liaise with internal and external audits, prepare reports required by regulatory agencies; and identify and communicate process inefficiencies or operational issues and recommend appropriate solutions.
Ensure Hotel Management Agreement compliance, which includes negotiating, administering, and monitoring contracts with hotel's vendors, being a liaison to hotel owners, other hotel departments, and assist with the finance department and hotel-related issues
Advise management of tax code revisions and desirable operational adjustments; ensure timely payment and file all federal, state/local sales taxes and fees, payroll, and vendor invoices and of course, safeguard hotel resources, assets, and risk management assessment

HOW YOU WILL LEAD

Highly analytical in thought and recommendations; although will never act like the smartest person in the room, and continually seek out the facts; can express a point of view without it being driven by an ego
Engage others in general conversation, leading and adapting communication and presentation styles to engage an audience; displaying adaptable interpersonal skills for a wide range of audiences and stakeholders
Approach fact-finding and discovery missions in a collaborative effort; valuing input and experiences of others that creates additional insight to uncover deeper issues that need to be addressed or removed as a barrier to implementation
Demonstrate a passion for driving results; influencing others to take direction to execute on the strategy through tactical methods, being comfortable in prioritizing their work and that of others
Demonstrate the ability to be a "general" in identifying strategic needs, yet being willing to take the role of a "soldier" to ensure the implementation of a strategic plan is implemented
Value the importance of making decisions with integrity, maintaining confidentiality across internal workgroups, and knows how to use discretion when appropriate; understands the difference between transparency and confidentiality
Reinforce the company's Art + Science ideologies to ensure the experiences of translocal hospitality, intuitive service, and collaboration are implemented and modeled by yourself and every leader of the hotel
Actively participates in the interviewing, hiring, training, scheduling, coaching, and motivating Finance associates to create an environment that nurtures ideas and develops a future talent for succession planning
Ensure a sense of belonging for associates by upholding the company's values and guidelines for a Respectful Workplace, Diverse, Equitable, and Inclusive environment, behaviors outlined within the Manager Code of Conduct, and Work Rules outlined in the Associate Handbook
Model the company's open-door policy and employee engagement practices, which make the hotel a great place to work; demonstrating a positive work ethic and environment; consistently guiding and monitoring business ethics and good business practices
Demonstrate a passion for "being in the know" by spending time in departments, attending shift briefings or department meetings; exhibits servant leadership by lending a hand during "crunch" time
Displays a collaborative spirit with peers and managers by exchanging ideas and valuing differing opinions
Act as guardian of the cultural pillars of People, Place and Character which promotes an engaging, positive, and safe work environment for all employees

WHAT YOU WILL NEED

Minimum of (5) five years of progressive accounting and finance management experience; we like to see that you have worked yourself up the ranks, so you understand the responsibilities and tasks of your team
Bachelor's degree in Accounting, Finance, or Hospitality is preferred though not required if you have years of proven experience
Background in hotel accounting is required so you understand the intricacies and vernacular of hotel accounting, specifically AHLA Uniform System of Accounts
Previous exposure and experience in leading and implementing human resources practices, such as recruitment and hiring processes, investigating employee relation cases, and meaningful engagement activities
Willingness to work a flexible schedule as sometimes "month-end" responsibilities and tasks need extra attention to ensure accuracy
Ability to work onsite at Hewing Hotel in the North Loop neighborhood of Minneapolis
Ability to work in a dog-friendly work environment

As an Equal Opportunity Employer, Aparium Hospitality Services celebrates diversity and is committed to creating an equitable and inclusive environment, and a sense of belonging for all employees. We do not discriminate and believe every individual should be proud of who they are, where they come from, and take pride in who we serve.

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Job Summary

Company

Aparium Hotel Group

Start Date

As soon as possible

Employment Term and Type

Regular, Full Time

Required Education

Associate Degree

Required Experience

5 years