Job Posting: The Edgewater Hiring a Director of Finance

News | 02/5/2025



Learn more & Apply: Careers – The Edgewater Hotel

Job Purpose 
The Director of Finance is responsible for supervising accounting staff, overseeing internal controls, setting financial targets, engaging with owners/investors, developing the financial strategy for the resort, and monitoring expenditures and cash flow. 

Duties and Responsibilities 
• Prepare and oversee execution of the financial strategic plans of The Edgewater and The Edgewater 
Management Company, LLC   
• Evaluate financial trends, performance and identify potential risks 
• Prepare an annual budget, track and analyze financial results   
• Supervise and manage all audit and internal control processes  
• Prepare monthly financial statements and reports for Chief Operating Officer, General Manager, Ownership, financial partners and lending institutions in required formats and in accordance with Generally Accepted Accounting Principles (GAAP) and Uniform Systems of Accounts for the Lodging Industry (USALI) 
• Oversee the proper classification of capital purchases and generation of depreciation schedules to minimize tax liabilities  
• Maintain balance sheet, provide reporting on monthly basis with full supporting detail 
• Direct, manage and review all accounting, cash management, credit and financial reporting activities  
• Monitor labor, inventory and purchasing against company guidelines, meet with Department Heads and 
Managers on weekly/monthly basis to review against budgets, inform General Manager of significant trends  
• Prepare timely and accurate sales, use, occupancy, property and tax returns 
• Prepare timely payments of all City, State and Federal taxes and fees  
• Review financial reporting to ensure accruals are account for and recommend strategic accruals for capital projects, sales commissions, bonuses and/or other operating reserves 
• Foster relationships with, and assist with securing, negotiating and closing financing activities for real estate and business activities   
• Manage working capital and cash flow to minimum guidelines and requirements of Owners and lending 
institutions  
• Manage insurance programs for The Edgewater, Edgewater Management Company, LLC and Edgewater 
Condominium Association 
• Develop and manage annual Edgewater Condominium Association Budget and reporting, act as treasurer to the Condominium Association 
• Assist with evaluation of business opportunities and alternatives  
• Ensure all applicable licenses and permits required to operate the business(s) are accurately and timely 
completed and submitted to city/state for approval  
• Identify and implement integrated systems/software to provide critical financial and operational 
information, ensure the proper utilization of all databases and financial systems and supervise the creation 
of critical reports (each business unit). 
• Review contracts with third party vendors for compliance with Edgewater standards and financial goals 
• Manage departments and employees in finance, accounting and information technology 
• Ensure controls are in place to safeguard company assets and ensure compliance with all company policies and applicable financial/equity investment guidelines, and financial laws and guidelines  
• Coordinate with external financial entities on behalf of the company 
• Participate on The Executive Committee of hotel  
• Assist in other areas as needed  

Qualifications 
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.  The requirements listed below represent the knowledge, skill and/or ability required.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. 
• Expert knowledge of GAAP and USALI Standards  
• Must be a confident communicator and presenter 
• Must possess excellent organizational and planning skills 
• Ability to interview, supervise and train subordinates 
• Ability to plan, direct, supervise, monitor and review all program functions 
• Ability to work independently and exercise judgment to resolve personnel and production issues that arise during daily operations 
• Ability to review and analyze written reports 
• Management experience in the hospitality industry preferred 

Working Conditions 
This position operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines. 

Physical Requirements 
• The Physical demands described here represent those that must be met by an employee to successfully 
perform the essential functions of the job.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.  
• The employee must regularly move up to 10 pounds, frequently move up to 25 pounds, and occasionally 
move more than fifty 50 pounds. 
• The job may require the person to attend meetings and/or assist with events on weekends and evenings 
from time to time. Reasonable accommodations may be made to enable individuals with disabilities to 
perform the essential functions.