Hotel Finance Director oversees all financial planning, accounting, purchasing and cost controlling of a hotel operation.
Hotel Finance Directors oversee hotel profitability including accounting, credit, inventory control, risk management, budgeting, compliance and more. Their role is to assist the General Manager in quantifying hotel operations revenues and costs to make important investment decisions.
Hotel Finance Directors are responsible for:
A Hotel Finance Director's salary can vary a lot depending the following factors:
There are many more factors that contribute to salary data variation, so most sites provide salary information in a range to ensure that there is proper coverage. The table below shows the latest salary ranges for Hotel Finance Director's across the major salary reporting platforms:
The average age of an Hotel Finance Director is 40 and average education level is a bachelors degree, with some having masters degrees. Finance Directors often have accounting accreditations such as Certified Hospitality Accountant Executive (CHAE) or Certified Public Accountant (CPA). They possess technical skills in:
Beyond education, a good Hotel Finance Director has at least 8 to 12 years of industry experience and has managed teams before. A Hotel Finance Director must be able to create accurate financial projections and set standards for their teams to achieve, as well as provide recruiting and training for new staff members.
Average Age: 40
Average Education Level: Bachelors Degree
Average Salary Range: $75,000 - $125,000
Industry Experience: 8-12 years
Management Experience: 2-3 years
Key Traits:
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