Director of Finance - Mar Monte Hotel Santa Barbara, CA in Santa Barbara, California at Hotel Equities
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Job Description
Hotel Equities, a multi-award-winning hotel development and hospitality management company, is currently searching for a remarkable Director of Finance for the Mar Monte Hotel, part of The Unbound Collection by Hyatt, in beautiful Santa Barbara, California.
The Director of Finance is a key member of the hotel's Executive Leadership Team and is responsible for directing the financial operations of the property while providing strategic guidance to the General Manager and ownership. This position ensures the integrity of financial reporting, protects company assets, drives profitability, and maintains compliance with Hotel Equities, brand, and regulatory standards.
Essential Responsibilities:
- Lead all accounting and finance operations, including general ledger, accounts payable, accounts receivable, payroll oversight, cash management, and financial reporting.
- Prepare accurate and timely monthly financial statements, forecasts, budgets, and variance analyses.
- Develop and manage the annual operating and capital budgets in partnership with hotel leadership.
- Monitor hotel performance and recommend strategies to maximize revenue, control expenses, and improve profitability.
- Ensure compliance with Generally Accepted Accounting Principles (GAAP), internal controls, company policies, and federal, state, and local regulations.
- Manage month-end and year-end close processes and coordinate internal and external audits.
- Maintain effective cash management practices and oversee banking relationships.
- Partner with department leaders to analyze labor, purchasing, inventory, and operational costs while identifying opportunities for improved efficiencies.
- Provide financial analysis and strategic recommendations to the General Manager and ownership group.
- Recruit, mentor, develop, and lead the accounting team while fostering a culture of accountability and continuous improvement.
- Ensure compliance with Hyatt brand requirements and ownership reporting standards.
Qualifications:
- Bachelor's degree in Accounting, Finance, Business Administration, or a related field required.
- CPA, CMA, or MBA preferred.
- Minimum of five (5) years of progressive hospitality finance experience with leadership responsibilities.
- Previous experience as a Director of Finance, Assistant Director of Finance, or Hotel Controller in a full-service hotel preferred.
- Strong understanding of hotel accounting, budgeting, forecasting, internal controls, and financial analysis.
- Experience with hotel financial systems and property management systems such as M3, Opera, BirchStreet, or similar platforms.
- Advanced Microsoft Excel skills and proficiency with financial reporting software.
- Exceptional analytical, organizational, communication, and leadership skills.
- Ability to prioritize multiple responsibilities while meeting deadlines in a fast-paced hospitality environment.
What You'll Bring:
- Strategic financial leadership and business acumen
- Strong analytical and problem-solving abilities
- A collaborative, service-oriented leadership style
- High ethical standards and attention to detail
- Excellent communication and relationship-building skills
- A passion for developing teams and supporting operational excellence
Why Hotel Equities?
Hotel Equities is recognized as one of the industry's fastest-growing hotel ownership, development, and management companies. We believe in creating exceptional guest experiences by investing in exceptional people. Our associates enjoy opportunities for career advancement, ongoing professional development, and a culture built on integrity, accountability, and service excellence.
Hotel Operator Careers | Hotel Equities
What We Offer
- Salary
- Bonus?
- Competitive Medical, Dental, and Vision Insurance
- 401(k) with Company Participation
- Paid Vacation
- Paid Holidays
- Cell Phone Allowance
- Associate Travel Discounts
- Retail, Entertainment, and Shopping Discount Programs
- Career Development and Leadership Growth Opportunities
- Access to Hotel Equities' Talent resources
Apply with confidence. Transparency matters, which is why Hotel Equities is committed to 100% wage transparency for all open positions. Explore opportunities across our diverse portfolio and discover where your hospitality career can grow.
Hotel Equities is an Equal Opportunity Employer. We are committed to creating an inclusive workplace where all associates are treated with dignity and respect. We celebrate diversity and are dedicated to fostering an environment where everyone has the opportunity to succeed.
Please note that this job description is intended to describe the general nature and level of work performed by associates in this position. It is not intended to be an exhaustive list of all duties, responsibilities, or qualifications required. Responsibilities may change as business needs evolve.