Director of Finance

Norfolk Waterside Marriott
Norfolk, VA

Description

Concord Hospitality is seeking a detail-oriented and proactive Director of Finance to oversee the hotel’s accounting, financial management, and procurement functions. Reporting directly to the General Manager, this key leadership role provides timely, accurate financial data to support business decisions while safeguarding company assets and driving cost control and profit optimization.

Responsibilities:

• Serve as the Executive Finance Representative on property, maintaining communication with the General Manager, owners, corporate office, vendors, and clients as needed.
• Coordinate research on financial trends and develop actionable recommendations to improve hotel financial performance.
• Lead the preparation and management of the property’s budget, forecasts, and labor tracking, collaborating closely with department heads.
• Act as the primary contact for budgeting, forecasting, and labor meetings, ensuring variances are identified and justified.
• Protect hotel assets by enforcing proper controls and monitoring compliance across all departments.
• Provide the General Manager and ownership with timely, accurate, and meaningful financial reports, including profit and loss statements.
• Manage day-to-day accounting operations such as posting ledger payments, processing returned checks, handling guest inquiries, and reconciling credit card accounts.
• Administer collections efforts, including aging accounts receivable management and write-off meetings.
• Oversee payroll submissions, cashier overage/shortage tracking, and regular financial reporting to sales and catering teams.
• Formulate strategies to maintain Days Sales Outstanding (DSO) below target thresholds.
• Conduct hiring, training, performance evaluations, and disciplinary actions within the accounting team, promoting a high-performance culture.
• Participate actively in weekly leadership meetings, safety committees, and other property management forums.
• Ensure compliance with all applicable federal, state, and local reporting requirements as well as franchise and corporate SOPs.
• Identify and report any deviations from policies, procedures, or legal requirements promptly to the General Manager.
• Uphold Concord Hospitality’s high standards of professionalism, operational excellence, and safety in all activities.

Qualifications:

• Proven experience managing hotel or hospitality accounting and finance operations.
• Strong knowledge of budgeting, forecasting, labor cost control, and financial reporting.
• Ability to analyze financial data, identify trends, and develop strategies for improvement.
• Excellent organizational, communication, and leadership skills.
• Detail-oriented with strong problem-solving and decision-making capabilities.
• Familiarity with property management systems (PMS), accounting software, and Microsoft Office Suite.
• Commitment to maintaining compliance with legal, safety, and corporate standards.

Benefits

We offer competitive wages and a comprehensive benefits package for full-time associates, including:

• Medical, dental, and vision insurance
• Life insurance and short/long-term disability options
• 401(k) program with company match
• Tuition assistance
• Discounted room rates at Concord-managed hotels
• Training & development opportunities
• Career advancement within our growing portfolio

Why Join Concord?

At Concord Hospitality, we invest deeply in our associates through training and development at all levels, from interns to executives. Our “Associate First” culture nurtures personal and professional growth within the workplace and beyond. We value work-life balance, diversity, and our commitment to delivering outstanding customer service and quality accommodations in every market we serve.

Concord Hospitality is built on five Cornerstones: Quality, Integrity, Community, Profitability, and FUN! Our associates embody these values and proudly cheer our company motto heard across North America:

“We Are Concord!”

We are an equal opportunity employer and strongly support diversity and inclusion through our mission to be a “Great Place to Work for All. Salary Range $95K-$115K

Equal Opportunity Employer

This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.