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Director of Finance

Rancho Mirage, CA

Salary range: $161,381 to $179,781

POSITION OVERVIEW 

The Director of Finance will assist in setting up and managing the accounting and purchases of a resort property and emerging wellness hospitality brand.  Responsible to establish, manage and maintain accounting processes and internal controls; perform the reconciliation/analysis of ledger accounts; serve in a leadership role to staff on property; oversee night auditor and income auditor roles,  manage property capital purchases;  monitor compliance of all taxes, licenses and permits; manage vendor relationships; and comply with standards and California regulations.  The Director of Finance shall be part of the property Executive Team and report to the General Manager with a dotted line to the Corporate Vice President of Finance and Accounting (or its designee). 

ESSENTIAL DUTIES AND RESPONSIBILITIES 

  • Analyze and correct balance sheet reconciliations monthly 
  • Execute month-end close, perform analysis, make necessary adjustments and prepare monthly financial statements with the support of the Accounting Manager of Retreats 
  • As part of the property Executive Team, analyze costs, bookings and revenue to provide advice to the GM and corporate team on property performance insights including but not limited to yield management, labor flexing, most attractive (ROI and/or usage) packages, operating cost savings and inventory management 
  • Compile and the annual operating and capital budgets, and other financial analysis to provide support thus ensuring accurate, timely information is available for management and owners 
  • Prepare accurate cash flow statements and projections  
  • Prepare timely and accurate sales, use and occupancy tax returns as well as manage tax exemptions for long-term guest stays 
  • Ensure compliance with the management agreement and legal contracts. Understand how those documents translate into financial responsibilities and how they may affect both the hotel's and Corporate's financial position 
  • Responsible for daily accounting operations ensuring compliance with USALI, company standard operating procedures, and all federal, state and local laws and regulations 
  • Maintain effective system of internal control procedures to ensure the protection of the hotels' assets against loss or misappropriation 
  • Responsible for internal and external audits  
  • Act as the General Cashier on property, organize, secure, and maintain all files, daily reconciliations of cash and cash equivalents 
  • Review, reconcile, and process credit card payments and advance deposits.  
  • Hold credit meetings to ensure that Opera ledgers are accurate and up to date. 
  • Hold Labor meetings weekly. 
  • Monitor, create and audit gift card sales and redemption activity. 
  • Audit and account for all inventory on property, working closely with leaders of those departments to ensure accuracy. 
  • Oversee procurement process to ensure each department is operating fiscally responsible. 
  • Creatively and pro-actively managing resources, best practices, and expenses with an ability to pivot and think strategically. 
  • Performs special projects as assigned, including filling in the roles that may be short-handed on teams.   
  • Ability to travel to the Corporate Headquarters as needed. 
  • May have oversight of Purchasing and IT departments. 

 

REQUIREMENTS 

 Bachelor's Degree required with a major in accounting or related field 

  • 4 to 7 years of experience in a Director or Assistant Director role within the Hospitality industry 
  • Knowledge of US GAAP and USALI 
  • Experience with Oracle Opera & Simphony, Book4Time, NetSuite preferred 
  • CPA License is desired but not required 

 

Traits We Value

  • Loves a good challenge
  • Resourceful and adaptable
  • A strong sense of curiosity
  • Embraces feedback and constantly seeks to improve
  • Collaborative and knows how to get things done as part of a team

Compensation & Benefits

  • Competitive compensation and benefits package
  • 401k and FSA plans

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, sex (including gender identity or expression; pregnancy, childbirth, or related medical conditions), sexual orientation, age, religion, color, ancestry, disability (including association or relationship with an individual with a disability), marital status, National Guard obligation, genetic test results, arrest and court records, reproductive health decision, domestic or sexual violence victim status, breastfeeding requirements, assignment of income for child support obligations, or credit history or report.

 

About Sensei

Founded by Dr. David Agus and Larry Ellison, our ecosystem of products and experiences is designed with one intention: to empower you to grow well and lead the world toward greater wellbeing.

Based on Dr. Agus’ philosophy, Sensei believes we can guide our guests to greater wellbeing by offering experiential movement, rest and nourishment classes and programs. The launch of the Retreats wellness brand took place on Lana’i, Hawaii in partnership with Four Season’s lodging and food offerings by Nobu.  In this location, Sensei in Palm Springs, is operating the lodging operation, as well as world-class golf, tennis, spa, fitness, movement, nutrition, meditative, enrichment and body assessment facilities. In addition, Sensei will run the F&B operation, as part of a licensing agreement with Nobu. Sensei programs and continuing learning sessions are high-touch, evidence-led and supported by the latest technology.  You can read our story here.

 

 

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