Director of Finance

LINE Austin

Director of Finance

Austin, TX
Full Time
Paid
  • Responsibilities

    Benefits:

    401(k)

    401(k) matching

    Bonus based on performance

    Competitive salary

    Dental insurance

    Employee discounts

    Free food & snacks

    Health insurance

    Opportunity for advancement

    Paid time off

    Training & development

    Tuition assistance

    Vision insurance

    Wellness resources

    About our Brand

    More than a group of hotels, the LINE is a creative community built around a sense of discovery — an exploration of a building, a neighborhood, and a culture. From Koreatown in LA to Adams Morgan in DC to downtown Austin, each property is architecturally interesting and chosen for its location in emerging neighborhoods in compelling cities. The LINE hotels are both reflective and responsive— shaped by the communities they are part of while also contributing something new to those places. The LINE properties are a collaboration of the best local and out-of-town talent in design, food and beverage, arts and culture.

    We are seeking a dynamic Director of Finance to join our team. A successful candidate will have a genuine passion for the hospitality industry and an entrepreneurial spirit.

    Job Overview

    The Director of Finance is responsible for leading the financial success of our hotel. This role goes beyond managing debits and credits—it champions strategic financial planning through effective budgeting and forecasting, ensures compliance through robust auditing and internal controls, and fosters the development of future finance leaders across our teams.  Collaboration is essential. The Director of Finance works closely with Sales, Revenue, Operations, and third-party partners to align financial strategy with operational goals. They are responsible for leading and developing a team of managers and support staff, ensuring compliance with regulatory requirements including GAAP and USALI guidelines, and various regulatory requirements in each market. This role encompasses strategic planning, policy development, audit compliance, owner and lender relations, and financial reporting.

    Strong communication skills and the ability to resolve conflicts effectively are essential. A deep understanding of LINE policies, procedures, and expectations is also required.

    Because of the fluctuating demands of the company’s operation, it may be necessary that each employee perform a multitude of different functions; therefore, as an essential part of your position, you will be expected to help others when the occasion arises, just as other employees are expected to help you. Accordingly, you may be expected to perform other tasks as needed or as directed.

    Essential Functions & Responsibilities

    Oversee all finance operations for LINE Austin.

    Lead budgeting and forecasting for property, in collaboration with General Manager and Sales/Revenue Directors.

    Oversee month end and year end processes, adhering to all applicable timelines.

    Support annual audit and controls testing.

    Management of cash flow.

    Responsible for training and development of finance leaders and support staff.

    Communicate with management team regarding P&Ls, budgets, financial forecasts, etc.

    Report weekly, monthly, and annually on performance metrics, analytics, and variances.

    Ensure accurate reporting of all balance sheet, cash, revenue, and expense details.

    Oversee fixed asset, depreciation, and capital plan budgeting and tracking.

    Reconcile and file monthly, quarterly, and annual taxes per statutory and jurisdictional requirements.

    Coordinate with operations teams to ensure proper controls and accounting for physical inventory and recording of cost and expense.

    Analyze financial data and operating procedures to provide guidance on efficiency, return on investment, and future success.

    Ability to understand complex concepts and disseminate information in a palatable way depending upon the audience.

    Work closely with People Directors to ensure compliance with statutory and jurisdictional wage scales, pay, and benefit rules.

    Collaborate with cross-functional teams to develop dynamic financial forecasts, budgets, and financial models.

    Build strong partnerships with internal customers and outside vendors.

    Establish and maintain good communications and teamwork with fellow colleagues and other departments within the hotel.

    Fulfill guest experience expectations and identify areas of opportunity in the way we approach our patrons through exceptional customer service standards.

    Must be courteous and gracious, always maintaining a professional demeanor.

    Adhere to all standards of operations, policies and procedures, manuals, memos and verbal instructions.

    Maintain “open door” communication with employees.

    Any tasks as assigned by the Group Director of Finance or Managing Director.

    Knowledge, Requirements and Skills

    2+ years’ experience in a Director of Finance or Controller role in hotels or resorts is required.  

    Proficiency with Microsoft Excel is required

    Experience with Actabl-Profitsword, Ceridian-Dayforce, and Acumatica is preferred

    Excellent customer service skills

    Clear verbal and written communication skills

    Detail oriented and ability to work in fast paced environment

    Excellent follow-up skills

    Excellent time management skills

    Excellent listening skills

    Experience training and managing staff

    Compensation & Benefits

    We offer competitive wages and benefits while fostering a diverse and inclusive work experience.

    We thrive in being a diverse work environment. Consideration for employment will be based upon personal capabilities and qualifications without discrimination based on race, color, religion, sex, gender identity, age, national origin, disability, sexual orientation, or any other protected characteristic as established by law.