StepStone Hospitality

Director of Finance

StepStone Hospitality  •  Brooklyn, NY (Onsite)  •  3 days ago
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Job Description

The Director of Finance is a key member of the hotel’s executive leadership team, responsible for overseeing all financial operations of Hotel Indigo Williamsburg. This role ensures the integrity of financial reporting, compliance with brand and regulatory standards, and provides strategic financial guidance to support operational excellence and profitability.

The ideal candidate brings strong hospitality financial leadership experience, hands-on operational knowledge, and the ability to partner effectively with hotel leadership in a fast-paced, boutique hotel environment.


Key Responsibilities

Financial Leadership & Strategy

  • Serve as the primary financial advisor to the General Manager and ownership
  • Develop and execute annual operating and capital budgets
  • Prepare accurate monthly forecasts and long-range financial plans
  • Analyze financial performance and recommend strategies to improve profitability
  • Lead cash flow management and working capital optimization

Accounting & Financial Reporting

  • Oversee all accounting functions including general ledger, accounts payable/receivable, payroll, and fixed assets
  • Ensure timely and accurate month-end and year-end close
  • Prepare financial statements in accordance with US GAAP and IHG brand standards
  • Maintain strong internal controls and compliance with all policies and procedures
  • Coordinate external audits, tax filings, and lender reporting

Operational Support

  • Partner with department heads to manage labor, expenses, and revenue optimization
  • Review daily revenue reports, P&L statements, and variance analyses
  • Support revenue management and pricing strategies through financial insights
  • Monitor purchasing, inventory controls, and contract compliance

Compliance & Risk Management

  • Ensure compliance with federal, state, and local regulations, including New York labor laws
  • Oversee insurance programs, risk management, and loss prevention controls
  • Ensure adherence to IHG financial standards and brand audits

Team Leadership

  • Lead, mentor, and develop the finance and accounting team
  • Foster a culture of accountability, accuracy, and continuous improvement
  • Collaborate cross-functionally with hotel leadership and corporate partners


Requirements

Qualifications & Experience

  • Bachelor’s degree in finance, Accounting, or related field (CPA or MBA preferred)
  • Minimum 5–7 years of progressive financial leadership experience in hospitality
  • Prior experience as Director of Finance or Assistant Director of Finance in a hotel environment preferred
  • Experience with IHG systems and standards strongly preferred
  • Strong knowledge of hotel accounting systems (e.g., PeopleSoft, Oracle, SAP, or similar)
  • Proven experience managing budgets, forecasts, and complex financial reports
  • Strong analytical, organizational, and leadership skills
  • Excellent communication skills with the ability to present financial data to non-financial leaders
  • Experience working in a union and/or NYC hospitality environment is a plus

Physical & Work Requirements

  • Ability to work on-site in Williamsburg, Brooklyn
  • Flexibility to work extended hours during month-end, budgeting, and audit periods

What We Offer

  • Competitive salary and bonus potential
  • Comprehensive benefits package
  • Opportunity to lead finance operations at a high-profile boutique hotel
  • Career growth within Stepstone Hospitality Management

Stepstone Hospitality and the Hotel Indigo are Equal Opportunity Employers - EOE/M/F/D/V

StepStone Hospitality

About StepStone Hospitality

StepStone Hospitality specializes in management for full service hotel and restaurant operations. Our mandate is to create asset value for owners through a customized, hands-on philosophy. This is particularly true for both branded and independent operations including urban boutique hotels, resorts, and destination restaurants and bars. Our associates maintain a balanced focus between revenue enhancement, margin expansion and guest satisfaction.

StepStone Hospitality was formed in response to requests by institutional and private owners to provide third-party management for upscale hotels, resorts and restaurants. StepStone Hospitality’s team provides a unique combination of strong, hands-on operations, world-class strategic asset management, and food and beverage expertise, generating the highest possible investment returns during all phases of the economy. A major element of our overall strategy is always, of course, to surpass both guest and owner expectations.

Industry
Travel & Hospitality
Company Size
51-200 employees
Headquarters
Providence, Rhode Island
Year Founded
2009
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