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. LINE hotels are both reflective and responsive— shaped by the communities they are part of while also contributing something new to those places. LINE properties are a collaboration of the best local and out-of-town talent in design, food and beverage, arts and culture.
That colorful hotel in the desert, The Saguaro is a good time. It’s not that complicated. There’s plenty of sunshine, a buzzing pool scene and lots of local flavor.
We are seeking a dynamic Regional Director of Finance. A successful candidate will have a genuine passion for the hospitality industry and an entrepreneurial spirit.
Job Overview
The Regional Director of Finance for California is responsible for leading the financial success of our California hotels in the dynamic markets of Koreatown-Los Angeles, Mid-Market San Francisco, and Palm Springs. Much more than debits and credits, they champion financial planning through budgeting and forecasting; ensure compliance through auditing and controls; and teach and develop our teams to be future finance leaders. Collaboration with our Sales, Revenue, Operations, and third-party partners is key to success. 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.
The person having this position must possess good written and verbal communication skills; excellent math and systems proficiency; ability to manage deadlines; knowledge of California labor, tax, and regulatory requirements; and have a thorough understanding of the LINE and Saguaro policies, procedures, and expectations.
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. Monthly travel is expected with this role.
Essential Functions and Responsibilities
Oversee all finance operations at LINE LA, LINE SF, and Saguaro Hotels.
Lead budgeting and forecasting for properties, in collaboration with General Managers and Sales/Revenue Directors.
Oversee month end and year end processes, adhering to all applicable deadlines.
Support annual audit and controls testing for the three properties.
Ensures compliance with union regulations and assists with new CBA implementation as necessary.
Responsible for training and development of finance leaders and support staff.
Management of cash flows.
Communicate with management team regarding P&Ls, budgets, financial forecasts, etc.
Report weekly, monthly, and annually on performance metrics, analytics, and variances.
Ensure accuracy of reporting of all balance sheet, cash, revenue, and expense details.
Oversee fixed asset, depreciation, and capital plan budgeting and tracking.
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 communication 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.
Ad hoc tasks as assigned by the Group Director of Finance or Managing Director.
Knowledge, Requirements and Skills
Must have 3+ years’ experience in a Director of Finance role in union 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.
Working Conditions/Environment
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.