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Employment Type : Full-Time
Looking for a strong hospitality finance professional to join our the Aqua-Aston Finance leadership team as the Associate Vice President, Operational Finance, the ideal candidate will be looking for a role to be an active contributor and voice at the table in helping to evolve the Aqua-Aston finance organization. This role will be responsible for the oversight of all Aqua-Aston properties on the island of Oahu, a total of 14 properties. The Associate Vice President, Operations Finance will oversee the Complex Directors of Finance supporting the Oahu hotels, and will report to the Vice President of Operational Finance. The role will partner with the regional operations team to provide support, contribute new strategic ideas while providing accurate and timely financial information, including budgeting and forecasting.
Additional responsibilities include:
Provide strategic leadership, functional guidance, and valuable insights to the operational finance team including all Directors of Finance, operations leaders, partners, owners, executive committees, Accenture, and department heads for optimal business decisions for the hotels and the overall company.
Develop and manage key relations with the Directors of Finance, Hotel General Managers, Vice Presidents of Operations, partners, owners, and executive team members to provide financial leadership and insight.
Review and assist, as necessary, with the preparation of monthly financial information including monthly P&Ls, balance sheets, AR agings, and operational and cash flow forecasts, including evaluating each of these for opportunities for business/financial improvement or efficiencies.
Coordinating monthly financial and forecast reviews with the hotel management teams, and regional leadership.
Responsible for oversight of the preparation of the annual budget and monthly forecasts; working collaboratively with the operations team to review projections and using analytics to help predict future results.
Actively involved and a valuable contributor in helping identify strategic initiatives, including large multi-disciplinary projects to evolve the finance processes and approach
Develop and nurture relationships with owners and boards. Ensure that the properties are responsive and compliant with required owner reporting and that they respond quickly to questions and requests. This position will be a direct resource to owners and lenders and will attend owner meetings on an as needed basis.
Takes initiative in leading, communicating, offering ideas/recommendations for improvement and in solving problems
Leverages strong functional leadership and communication skills to influence the executive team, department managers and ownership, including preparation and presentation of analysis.
Ensures adequate internal control to safeguard the assets of the hotel, including treasury controls around cash management, including oversight of the weekly review and release of cash for invoice payment processing by the established timeframe, and other checkbook type controls in place at the hotels.
Assists with ensuring timely payment & filing of all federal, state & local sales taxes & fees, and vendor invoices
Thorough understanding and familiarity with contracts impacting the property, including but not limited to IARA’s, management agreements, franchise agreements, leases, etc.
Completes due diligence, property transitions and special assignments as requested.