Description

Summary

Park Hyatt New York seeks a Finance Business Partner who embraces agile principles and thrives in cross-functional collaboration. As the Director of Finance, you will report directly to the General Manager and play a pivotal role in guiding strategic decision-making and financial planning to drive the hotel's performance and profitability.

This role leads all financial operations of the hotel, ensuring accuracy, efficiency, and compliance with financial regulations and standards. This role is ideal for a strategic thinker who is passionate about empowering teams, driving results, and delivering value to stakeholders.

Ideally with a university degree or diploma in Finance or Hospitality/Tourism management. CA certification would be an advantage. Minimum 5 years work experience as Director of Finance in a full-service hotel (luxury experience is a preferred), knowledgeable of NYC union environments is preferred, but not required. This role needs a strong analytical thinker with proven ability to approach complex challenges with innovative solutions. Candidate will be skilled in critical thinking and problem solving with focus on strategic outcomes. Administrative, interpersonal skills and proficiency in USALI, MS office, Oracle BI and EPM are required. Fluency in in English, with excellent communication skills are necessary for this position

Previous experience with Shared Services preferred.

Key Responsibility
• Ensure the effective execution of all Accounting and Finance policies and procedures in compliance with Hyatt standards and local regulations.
• Oversee day-to-day financial operations, including reporting, administration, and internal controls to safeguard hotel assets.
• Prepare, review, and interpret monthly financial statements, reports, and balance sheet reconciliations in a timely manner.
• Analyze monthly results against targets and implement action plans to address variances and maximize profitability.
• Manage cash flow, tax obligations, and compliance with government regulations.
• Maintain complete and accurate accounting records.
• Liaise with auditors, legal consultants, and third-party agents to ensure regulatory and contractual compliance.
• Support and advise the Executive Committee in budgeting, forecasting, and capital expenditure planning.
• Ensure departmental operating manuals are prepared, updated annually, and properly implemented.
• Conduct regular Finance meetings that are efficient, results-oriented, and aligned with business objectives.
• Complete performance appraisals, provide ongoing feedback, and foster productivity, morale, and discipline within the department.
• Recommend improvements to accounting and internal control procedures and provide approved statistics to external partners.
• Adapt to changes within the Accounting and Finance function and perform additional reasonable duties as assigned by the General Manager.
• Build strong working relationships with ownership representatives and key stakeholders.
• Oversee the Purchasing and IT functions.

Salary Range ($170,000-$180,000)

Qualifications

• Demonstrated ability to effectively interact with individuals from diverse socioeconomic, cultural, disability, and ethnic backgrounds.
• Minimum of 5 years of experience as a Director of Finance** in hotel accounting.
• 10 years of progressive experience in Finance.
• Service-oriented professional with strong presentation skills.
• Degree in Finance, Accounting, or Business preferred.
• Prior experience in a luxury and unionized environment preferred.
• Must possess the following strengths: high energy, entrepreneurial spirit, motivational leadership style, effective communicator, and a proven ability to deliver exceptional customer service while inspiring the team.
• Clear, concise written and verbal communication skills in English.
• Strong executive presence when presenting to senior leadership.
• Advanced proficiency in Microsoft Word and Excel.
• Excellent organizational, interpersonal, and administrative skills.
• Ability to maintain effective communication with Corporate Staff