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Vice President of Hotel Finance

Vice President of Hotel Finance

Crescent Hotels & ResortsFairfax, VA, United States
30+ days ago
Job type
  • Full-time
Job description

Key Responsibilities

Financial Leadership & Strategy

  • Develop and execute comprehensive financial plans including profit strategies, forecasts, expense budgets, and capital planning
  • Provide strategic financial guidance to Regional Directors of Finance (RDOFs) and property leadership
  • Monitor financial performance and ensure accurate, timely reporting to executive leadership and ownership
  • Oversee capital planning processes and ensure ROI models are aligned with company standards

Compliance & Internal Controls

  • Ensure full compliance with accounting policies, legal requirements, contracts, and internal audit procedures
  • Identify and address operational and control risks across the portfolio
  • Lead responses to tax audits and regulatory inquiries when required
  • Operational Excellence

  • Implement standardized financial systems, tools, and reporting across assigned properties
  • Evaluate deviations from financial plans and recommend corrective action
  • Ensure receivables, cash flow, and revenue recognition are managed in accordance with Crescent standards
  • Leadership & Talent Development

  • Lead, mentor, and evaluate Regional Directors of Finance
  • Drive performance management, training, succession planning, and recruiting of finance leaders

  • Promote a continuous improvement culture focused on efficiency, profitability, and professional growth
  • Collaboration & Communication

  • Serve as a financial consultant to operational leaders on business decisions
  • Facilitate strong communication between properties, corporate leadership, and ownership groups
  • Promote synergy among hotels to maximize collective financial performance
  • Reporting & Deliverables

  • Daily : Income journals, revenue reports
  • Weekly : Cash balance reporting
  • Monthly : Financial statements, forecasts, cash flow reports, executive summaries
  • Semi-Annual : Property ICQ submissions
  • Annual : Budgets, capital planning, cash flow statements
  • Company Overview

    Crescent Hotels & Resorts is a nationally recognized operator of premier hotels and resorts. As a multi-state employer, the compensation range for this position may vary based on location, experience, and market conditions.

    If you are a strategic financial leader with a passion for driving profitability, developing high-performing teams, and influencing executive-level decisions, we invite you to apply.

    Salary and Other Compensation

    The annual starting salary for this position is between $150,000 - $200,000 annually. Factors which may affect starting pay within this range may include geography / market, skills, education, experience and other qualifiers of the successful candidate.

    Equal Opportunity Employer / Protected Veterans / Individuals with Disabilities. This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

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    Vice President Of Finance • Fairfax, VA, United States

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