Director of Finance

Description:

Hyatt is seeking an agile, strategic minded Director of Finance to who transforms financial insight into action. This position reports to the General Manager, the Director of Finance will provide financial leadership, business insight, and operational support to drive sustainable profitability and achieve key business priorities for hotel ownership, management, colleagues, and guests.

This role is responsible for overseeing all financial operations of the hotel, ensuring accuracy, efficiency, regulatory compliance, and adherence to Hyatt standards. The Director of Finance will guide strategic decision-making, lead financial planning and analysis, strengthen internal controls, and collaborate closely with leaders across the property to translate financial insights into meaningful business results.

Key Responsibilities

Financial Management and Business Planning

• Lead the hotel’s financial strategy, planning, budgeting, forecasting, and performance management processes.

• Develop and implement a comprehensive annual business plan aligned with hotel, ownership, and organizational objectives.

• Prepare, review, and present accurate monthly and annual financial statements and operational reports.

• Analyze financial results, identify trends and risks, and provide clear variance explanations and recommendations to hotel leadership.

• Engage department leaders in understanding financial performance, accountability, and corrective action planning.

• Identify opportunities to improve profitability, enhance operational efficiency, control costs, and increase revenue.

• Oversee hotel and off-site accounting functions to ensure timely, accurate, and efficient financial reporting.

• Manage month-end and year-end closing processes, including reconciliations, accruals, journal entries, and reporting deliverables.

• Oversee cash management, working capital, capital planning, and financial resource allocation.

• Provide financial analysis and decision support for capital investments, business initiatives, contracts, and operational strategies.

Audit, Compliance, and Internal Controls

• Ensure compliance with the Hotel Management Agreement and all related financial reporting obligations.

• Maintain effective internal controls, segregation of duties, and adherence to Hyatt policies, procedures, and financial standards.

• Lead and monitor SOX compliance activities, ensuring that controls are properly designed, documented, tested, and sustained.

• Monitor accounting standards, industry practices, and market conditions and ensure proper business operating responses.

• Coordinate external audits and serve as the primary liaison with auditors.

• Review and approve reconciliations, audit schedules, work papers, proposed adjustments, and final audit deliverables.

• Complete the year-end financial process and reconcile audited results to the hotel’s financial records.

Operational Leadership

• Lead, mentor, and develop the finance team through clear direction, coaching, training, and performance feedback.

• Build a culture of accountability, collaboration, continuous improvement, and professional growth.

• Support the development of future leaders across all areas of the hotel by strengthening financial understanding and business acumen.

• Empower colleagues and department leaders with timely, relevant, and actionable financial insights.

• Supervise and support the Information Technology and Procurement functions.

• Maintain a strong understanding of hotel operations, back-office processes, systems, and service delivery.

• Promote an environment that is receptive to change, innovation, and new ways of working.

Strategic Business Partnership

• Partner with the General Manager and executive committee to develop and execute strategic initiatives that support business objectives.

• Collaborate with operational leaders to identify cost-efficiency opportunities and revenue-generation initiatives without compromising service quality, brand standards, or stakeholder relationships.

• Translate complex financial information into clear business recommendations for both financial and non-financial stakeholders.

• Build and maintain productive relationships with hotel ownership representatives and key stakeholders.

• Ensure timely communication, accurate reporting, and completion of all required deliverables.

• Demonstrate a growth mindset, adaptability, and a commitment to creating long-term value for colleagues, guests, owners, and Hyatt.

Core Competencies

The successful candidate will demonstrate:

• Strategic and commercial business insight

• Strong financial acumen and analytical capability

• Effective communication and influencing skills

• Agile leadership and adaptability

• Collaboration across functions and cultures

• Sound judgment and problem-solving ability

• Strong attention to detail and commitment to accuracy

• Integrity, discretion, and accountability

• Coaching, mentoring, and talent development capability

• A continuous improvement and growth mindset

Qualifications:

• Six or more years of progressive experience in finance or accounting, preferably within hospitality.

• Degree in Accounting, Finance, Hospitality, Business Administration, or a related field preferred.

• Experience leading financial planning, budgeting, forecasting, accounting operations, and management reporting.

• Knowledge of internal controls, audit processes, SOX compliance, and financial governance.

• Experience partnering with senior leaders and operational teams to drive business performance.

• Demonstrated ability to work effectively with individuals from diverse cultural, disability, ethnic, and professional backgrounds.

• Clear, concise, and confident written and verbal communication skills in English.

• Proficiency in Microsoft Office, particularly Excel, Word, and PowerPoint.

• Strong organizational skills with the ability to manage competing priorities and meet deadlines.

Primary Location: US-TX-Austin

Organization: Hyatt Regency Austin

Pay Basis: Yearly

Job Level: Full-time

Job: Accounting/Finance/Tax

Req ID: AUS010939

Hyatt is an equal employment opportunity and affirmative action employer. We do not discriminate on the basis of race, color, gender, gender identity, sexual orientation, marital status, pregnancy, national origin, ancestry, age, religion, disability, veteran status, genetic information, citizenship status or any other group protected by law.