Director Of Finance - The Wolseley Hotel New York

Are you interested in a new challenge at Minor Hotels Europe & Americas?

The Wolseley is a luxury hospitality brand for modern travellers, connecting guests to genuine places, people and stories through personal experiences and heartfelt hospitality in some of the world’s most exciting destinations.

Salary Range: USD $140.000k - $175.000 year

Minor Hotels is a global hospitality group operating over 540 hotels, resorts and residences in 56 countries in Asia-Pacific, the Middle East, Africa, the Indian Ocean, Europe and the Americas.

As a hotel owner, operator and investor, Minor Hotels fulfils the needs and desires of today’s global travelers through its diverse portfolio of twelve hotel brands – Anantara, Avani, Elewana, NH, NH Collection, nhow, Oaks, Tivoli, iStay, Colbert Collection, The Wolseley and Minor Reserve Collection

As part of Minor Hotels, the region of Minor Europe and the Americas is responsible for more than 350 properties in 30 countries and plans to grow across all segments, with a focus on its upper-upscale and luxury brands.

JOB SUMMARY

The Director of Finance is the senior financial leader of the property and a key member of the Executive Committee. Reporting directly to the General Manager, this role is responsible for safeguarding hotel assets, ensuring financial integrity, maximizing profitability, and supporting strategic decision-making across the business.

Partnering with ownership, asset management, corporate finance, and department leaders, the Director of Finance drives sustainable financial performance while maintaining the highest standards of compliance, internal controls, and ethical conduct.

KEY ACCOUNTABILITIES

Financial Leadership & Business Strategy

• Act as a strategic business partner to the General Manager and Executive Committee.
• Lead the annual budget, monthly forecasting, long-range planning, and capital planning processes.
• Drive financial performance through revenue optimization, cost management, profitability improvement, and cash flow management.
• Present financial results, forecasts, and business analyses to ownership, asset managers, and corporate leadership.
• Identify opportunities to improve profitability while preserving luxury service standards.

Accounting, Controls & Compliance

• Oversee all finance and accounting operations, including General Ledger, Accounts Payable, Accounts Receivable, Income Audit, Payroll oversight, and cost controls.
• Ensure accurate and timely financial reporting in compliance with US GAAP, USALI, company policies, and ownership requirements.
• Maintain a robust internal control environment that safeguards company assets.
• Lead internal and external audits and ensure compliance with all reporting requirements.
• Maintain financial records, contracts, leases, and insurance documentation.

Cash Management & Asset Protection

• Manage cash flow, banking relationships, working capital, and credit policies.
• Oversee capital expenditure tracking, FF&E reserves, and investment analysis.
• Support ownership in evaluating strategic investments and capital projects.

Commercial Partnership

• Partner with Revenue Management, Sales, Marketing, and Operations to maximize hotel performance.
• Evaluate pricing strategies, market trends, competitive benchmarking, and business opportunities.
• Provide financial analysis to support commercial decisions and revenue initiatives.

Risk Management & Governance

• Ensure compliance with all federal, state, and local regulations.
• Oversee insurance programs, contract reviews, vendor agreements, and financial risk management.
• Ensure compliance with PCI-DSS and data privacy requirements.

Leadership & Team Development

• Recruit, develop, and mentor a high-performing finance team.
• Promote financial accountability and business acumen across all departments.
• Foster a culture of integrity, collaboration, and continuous improvement.

Hotel Openings & Special Projects

• Support hotel openings, renovations, conversions, and repositioning projects.
• Establish financial processes, controls, and reporting systems as required.
• Lead special projects assigned by ownership, hotel leadership, or corporate finance.

EXPERIENCE

• 8-10 years of progressive finance and accounting experience within hospitality.
• 3-5 years in a senior finance leadership role such as Director of Finance, Assistant Director of Finance, or Financial Controller.
• Luxury or upper-upscale hotel experience required.
• Hotel opening, renovation, or transition experience preferred.
• Experience working with ownership groups, asset managers, auditors, lenders, and corporate finance teams.
• Proven success in budgeting, forecasting, financial reporting, compliance, and profitability improvement initiatives.

QUALIFICATIONS

• Bachelor's Degree in Accounting, Finance, Business Administration, Economics, or related field.
• CPA, CMA, MBA, or equivalent certification preferred.
• Strong knowledge of US GAAP, USALI, hospitality financial reporting, internal controls, and audit practices.
• Advanced proficiency in Microsoft Excel and financial modeling.
• Experience with hospitality systems such as Opera, Micros/Simphony, SunSystems, Oracle, SAP, M3, ProfitSword, and other hotel ERP/PMS platforms.
• Excellent written and verbal communication skills in English.
• Preopening experiencia prefiered

WORKING CONDITIONS

This is a full-time on-site leadership role based at the property. Flexibility is required to support month-end closing activities, ownership reporting deadlines, audits, hotel openings, major events, ownership visits, and peak operational periods, including occasional evenings and weekends.

TEAM MEMBERS BENEFITS

At Minor Hotels Europe & Americas we are committed to shaping exciting careers worldwide and cross-cultural experiences. Join a global hospitality group and unlock endless opportunities for growth and success in an international environment. Our journey is fuelled by the passion and dedication of our incredible teams, who also enjoy inspiring and exclusive benefits for being part of our Company:

• Development opportunities and training programs. We offer a range of learning resources and platforms to help you develop your skills and knowledge in different professional areas and languages. You can also enjoy internal mobility opportunities within our global hospitality group, exploring new challenges and cultures in different locations and brands.

• Be Worldwide. As well as enjoying our hotels as a guest, you will also be able to experience different cultures and learn from diverse teams in a company where more than 150 nationalities are represented.

• Inclusive work culture. We value and celebrate diversity by fostering a respectful and inclusive environment where everyone can thrive and belong. We promote equal opportunities and empower our team members to express their unique perspectives, talents and contributions. We embrace different backgrounds, cultures, identities and abilities as a source of enrichment and innovation for our Company.

• A culture of continuous listening and feedback. We strive to create a work environment that truly engages you, and the best way to achieve this is to listen to your feedback, needs and concerns at key moments in your life as a team member. We also encourage open and honest communication between managers and team members, as well as among peers, as a way of learning and growing together.

• Wellbeing initiatives. We care about your physical and mental health by providing you with tools and initiatives that can help you improve your wellbeing, such as flexible working conditions, internal sports clubs and workshops.

• Sustainable and Volunteer initiatives. We want to involve our team members in our commitment as a responsible Company, so we promote and encourage participation in various social and environmental volunteering activities in cooperation with foundations and NGOs.

• Special rates and promotions for team members. Access to an advantageous team member rate and special discounts to enjoy our hotels around the world. You can also enjoy exclusive benefits through our corporate loyalty programme and many other benefits for your friends and family.

Please keep your profile up to date since the more information you provide, the better, and don´t forget that there are three requirements that you must fulfill to apply for an internal vacancy: 

- At least 1 year of experience in your current position.

- Your last Time For You should be at least a "Well Done".

- Inform your manager that you apply for a specific internal vacancy.