Vice President of Finance
Company: National Hospitality Services
Posted on: January 16, 2022
The Vice President of Finance oversees all financial matters for
the organization, including supervising senior members of the
accounting team for both hotel and corporate accounting. The VP of
Finance is responsible for production of financial reports, banking
relationships, monitoring of cash flow and creation of a
Duties And Responsibilities
Ensure NHS is meeting financials goals including income, reserves,
Using insight and advice from accounting firm and financial
institutions to provide recommendation to Partners on best ways to
manage debt, accounts and investments.
Collaborate with Operations and other company discipline teams to
develop and implement financial policies and procedures that
support the Company's global strategies and programs and improve
hotel operational efficiency for profit optimization.
Develop and promote a culture of continuous process improvement and
In partnership with the Senior Corporate Accountant review and
present NHS financials to Partners monthly, seeking ways to improve
financial results by evaluating expenses and processes.
Prepare regular forecasts and annual budgets.
Direct and manage the Company's hotel-based financial functions to
ensure compliance with financial management and reporting
requirements under the hotel management agreements.
Actively engage in developing professional competencies to maintain
awareness of changes in hotel operations trends, accounting
regulations and laws, financial reporting, tax matters.
Cultivates positive employee relations and morale. Practice sound
leadership and management principles to promote a strong culture of
Responsible for team member professional development and providing
timely performance feedback.
Responsible for monitoring, measuring, and recognizing performance
of team members who directly report to the role and indirect
Handle associate issues in a professional and timely manner with
the support of Human Resources as needed.
Support, comply with and promote company initiatives, policies, and
Oversee year-end audit process.
Other duties as assigned.
Required Skills And Experience
Bachelor's degree in finance or accounting required.
10+ years of progressive finance experience.
Experience in the hospitality field is preferred but not
M3 accounting experience preferred but not required.
Extensive knowledge of accounting principles, procedures and
internal controls is required.
Strong knowledge of GAAP, modified cash basis and cash basis
Ability to evaluate, analyze and prioritize data in various forms
Self-Starter with ability to work independently and as a team.
Ability to work in a fast-paced, high pressure environment where
priorities are consistently changing.
Strong knowledge of Microsoft Office products to include, but not
limited to Microsoft Excel and Microsoft Outlook.
High level of flexibility regarding hours worked during month end
and busy periods as required by the business
Employment Type: Full Time
Years Experience: 10 - 15 years
Keywords: National Hospitality Services, Fargo , Vice President of Finance, Executive , Fargo, North Dakota
Didn't find what you're looking for? Search again!