Director of Finance | New Jersey | $215,000 | Hospitality Industry!

Director of Finance

Hospitality Industry!

Job Title

Director of Finance

Job Type





New Jersey


Job Description.

HireIQ is excited to partner with a premier real estate company in it's search for a Director of Finance within their Hospitality Team.

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About the potential next-step

Job Description

This role requires a seasoned professional with extensive accounting experience in managing hotel finances including food and beverage, excellent attention to detail, and strong communication skills.

Key Responsibilities:

  • Financial Management:
  • Manage all budgeting, forecasting, profit and loss reporting, and account reconciliation for operating and balance sheet accounts.
  • Ensure the accuracy and timeliness of daily and month-end reporting, payroll processing, income audit, accounts payable, accounts receivable, and cash and credit card management.
  • Team and Third-Party Management:
  • Oversee day-to-day activities of the internal accounting team and third-party managers, including hotel management companies and third-party food & beverage managers.
  • Implement appropriate financial controls and ensure consistency in reporting, budgeting, and forecasting processes.
  • Reporting and Reconciliation:
  • Review and approve all balance sheet accounts, including monthly bank reconciliation and general ledger account reconciliations.
  • Create and deliver ownership-level reporting that consolidates hotel, food & beverage, and ancillary operations.
  • Identify and rectify discrepancies between management and ownership reporting.
  • Audit and Compliance:
  • Review, evaluate, and document internal controls over accounting transactions.
  • Complete internal and external financial audits, coordinating with CPA firms and providing requested information timely.
  • Oversee tax compliance and participate in regulatory agency audits.
  • Cash Management:
  • Oversee cash management, including cash flow projections by property, considering both operating performance and debt service.
  • Manage capital expense budgets and reconcile expenditures monthly.
  • Oversee debt service covenants and cash management provisions under loan documents, implementing corresponding reporting and forecasting.
  • Strategic Financial Support:
  • Collaborate with the Asset Management team to drive profitability and identify areas for financial improvement.
  • Investigate and critique variances to budget and prior years, providing practical improvement methodologies.
  • Participate in the review and preparation of annual budgets and periodic forecasts.
  • Tax Management:
  • Oversee and assist with U.S. Federal and State income tax filings.
  • Participate in processing real estate tax payments and sales & use tax returns.
  • Relationship Management:
  • Foster strong professional relationships with third-party manager finance teams to ensure accurate and strategic management of performance.
  • Additional Responsibilities:
  • Handle other duties and special projects as assigned.


  • Minimum of 7-10 years of management-level experience within hotel finance, including food and beverage operations.
  • Bachelor’s degree or equivalent in accounting, finance, business, or a related field.
  • Public accounting experience and/or CPA designation preferred.
  • Substantial managerial/supervisory experience.
  • Excellent computer skills, including advanced proficiency in MS Office applications, particularly Excel.
  • Experience with MRI and ProfitSword preferred.
  • Experience with reading and abstracting loan documents.
  • Well-organized with the ability to excel in a dynamic work environment.
  • Strong work ethic with the ability to work independently and manage a team.
  • Ability to multi-task and manage a challenging workload while consistently meeting deadlines.

Job Type: Full-time

Pay: Up to $215,000.00 per year


  • 401(k) matching
  • Dental Insurance
  • Flexible schedule
  • Health insurance
  • Life insurance
  • Paid time off
  • Vision insurance

Experience level:

  • 7 years


  • Monday to Friday

Work Location: In person

If you require alternative methods of application or screening, you must approach the employer directly to request this as Indeed is not responsible for the employer’s application process.

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