Finance Director jobs in Minnesota

The Director of Finance ensures the hotel's financial health, overseeing the annual budget and daily financial operations such as accounts receivable, accounts payable, cash handling, and revenue/expense accounts. This leadership role demands strong financial expertise and the ability to respond to hotel operations.

Duties and Responsibilities:

• Supervise employees responsible for financial reporting, accounting, billing, collections, payroll, and budgeting.
• Develop and manage internal control policies and procedures for budget administration, cash and credit management, and accounting.
• Stay updated on organizational policies, federal and state directives, and current accounting standards.
• Review, verify, and report daily revenue and expense reports.
• Prepare financial statements, business activity reports, financial forecasts, annual budgets, regulatory reports, and other requested reports.
• Analyze financial activities to identify opportunities and areas for improvement.
• Monitor financial activities and details, including cash flow and reserve levels, ensuring compliance with legal, brand, and regulatory requirements.
• Conduct or coordinate audits of company accounts and transactions to ensure state and federal compliance.
• Prepare and file annual tax returns in collaboration with the corporate team and ownership.
• Handle payroll deductions.
• Assist with employee insurance, benefits, and casualty programs, including monitoring health insurance regulation changes and budgeting for benefits and worker’s compensation.
• Oversee contracts and agreements, assisting hotel management with maintaining licenses, permits, insurance, and contracts.
• Develop appropriate development plans for associates, based on individual strengths, needs, aspirations, and abilities.
• Participate in departmental meetings, communicating clear and consistent messages about departmental goals.
• Recruit, interview, hire, and train finance associates.
• Conduct performance evaluations and discipline staff as needed.
• Maintain a professional appearance according to hotel standards.
• Achieve the hotel’s core competencies, including work product, teamwork, culture, guest service, work ethic, problem-solving, and entrepreneurship.
• Perform duties directly related to the hotel’s business operations and customers, exercising discretion and independent judgment on significant matters.
• Perform additional duties as requested.

Qualifications:

• Bachelor’s degree in accounting, finance, business management, or related field.
• Previous experience in a similar role within a full-service hospitality operation.
• Proficiency in Microsoft Office, M3 accounting software, ProfitSword, Property Management Systems, Point of Sale Systems, payroll systems, and other finance-related platforms.
• Strong verbal and written communication skills, including complaint handling and resolution.
• Results-oriented and highly motivated self-starter.
• Ability to remain calm under pressure, manage multiple concurrent demands, and prioritize responsibilities.
• Proficiency in numerical analysis and the ability to formulate conclusions and solutions.
• Approachable, authentic, and engaging demeanor, serving as a role model for associates.
• Proven track record in a management role with the ability to inspire, motivate, and engage staff.
• Proficiency in reading, writing, and speaking English.
• Flexibility to work varied schedules, including weekends and holidays.
• Ability to lift and carry up to 40 pounds independently and up to 100 pounds with assistance.
• Ability to stand and walk for the entire shift.
• Requires writing, standing, sitting, walking, repetitive motions, bending, climbing, listening, hearing, and visual acuity.