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Vice President of Hotel Finance
Vice President of Hotel FinanceCrescent Hotels & Resorts • Fairfax, VA, US
Vice President of Hotel Finance

Vice President of Hotel Finance

Crescent Hotels & Resorts • Fairfax, VA, US
1 day ago
Job type
  • Full-time
Job description

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 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.

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

Equal Opportunity Employer / Protected Veterans / Individuals with Disabilities

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Vice President Of Finance • Fairfax, VA, US

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