
Area Director of Finance
Role summary
Parable Hospitality is seeking an Area Director of Finance to provide financial leadership across a portfolio of West Coast lifestyle and boutique hotels. This role involves partnering with General Managers and department heads to enhance profitability, ensure accurate financial reporting, and protect owner assets. Responsibilities include monitoring financial results, identifying cost-saving opportunities, overseeing month-end close, managing internal controls, and leading accounting teams. The ideal candidate will have a Bachelor's degree in Accounting, Finance, or Business Administration, 5+ years of progressive hospitality finance or hotel accounting experience, and a strong understanding of hotel financial statements, budgeting, forecasting, and U.S. GAAP. Experience with multi-property finance and leadership skills are essential.
- Partner with General Managers, department heads, regional operations leaders, and ownership to achieve financial goals and improve hotel performance
- Monitor financial results against budgets, forecasts, prior-year performance, market data, and owner expectations
- Identify opportunities to improve EBITDA, GOP margins, labor productivity, departmental profitability, and cost control
- Oversee daily revenue reporting, income journals, and the timely, accurate preparation of monthly financial statements across assigned properties
- Review financial statements, key performance indicators, and variance reports with General Managers, investigating discrepancies and recommending corrective actions
- Lead annual operating budgets and prepare rolling forecasts and cash flow projections in partnership with property leadership
- Support capital planning, expenditure tracking, hotel openings, transitions, acquisitions, and other portfolio initiatives
- Oversee month-end close activities, including journal entries, bank and balance sheet reconciliations, accounts payable, accounts receivable, and cash management
- Maintain strong internal controls and ensure compliance with U.S. GAAP, USALI, company policies, brand standards, management agreements, and applicable regulations
- Lead internal control reviews and audits while identifying opportunities to strengthen processes and reduce financial risk
- Oversee banking relationships, working capital, timely deposits, and lender reporting as applicable
- Hire, train, coach, and develop property accounting staff in partnership with General Managers and People Services
- Establish consistent accounting procedures and cross-training practices to support accurate reporting and smooth operations across properties
- Provide financial guidance, training, and ongoing support to property teams while fostering accountability and continuous improvement
- Prepare special financial reports and analysis for corporate leadership, General Managers, and ownership
- Bachelor's degree in Accounting, Finance, or Business Administration
- 5+ years of progressive hospitality finance or hotel accounting experience
- Previous experience as a hotel Director of Finance or Assistant Director of Finance
- Multi-property hospitality finance experience preferred
- Strong understanding of hotel financial statements, budgeting, forecasting, cash flow, and variance analysis
- Experience driving profitability, improving GOP margins, and identifying revenue and cost-control opportunities
- Knowledge of U.S. GAAP, USALI, internal controls, and applicable financial and tax compliance requirements
- Experience overseeing month-end close, reconciliations, journal entries, and daily revenue reporting
- Strong leadership skills with the ability to train, coach, and develop accounting teams across multiple properties
- Ability to build effective partnerships with General Managers, department leaders, corporate leadership, and ownership
- Strong analytical, organizational, problem-solving, and decision-making skills
- Excellent written and verbal communication skills, including the ability to explain financial results and recommend practical solutions
- Proficiency in Microsoft Excel, Word, and hospitality financial or accounting systems; experience with Sage Intacct, Opera PMS, or similar platforms is a plus
- High level of integrity, sound judgment, and attention to detail when managing sensitive financial information
- Ability to manage multiple properties, competing priorities, and deadlines, including during month-end close and budget season
- Willingness and ability to travel regularly to hotel properties for meetings, training, audits, and financial support
- Ability to occasionally lift and carry up to 20 lbs.
- Medical, Dental & Vision Insurance
- 401(k)
- Vacation & Sick Leave
- Team Member Travel Program: Hotel & Dining discounts
- Opportunities to connect, give back, and build community through team events & volunteering.
- Salary Range: $120,000 - $130,000
- Full-Time
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