Senior Director of Finance – Aspen Hospitality

Company Description

Aspen Hospitality, a division of Aspen One, owns and operates a portfolio of hotels and residences that currently consists of The Little Nell, Aspen’s only Five-Star, Five-Diamond, ski-in/ski-out hotel and its affiliated Residences at The Little Nell, both of which are located at the base of Aspen Mountain; the Limelight Hotel Aspen and Limelight Hotel Snowmass in Colorado; the Limelight Hotel Ketchum near Sun Valley in Idaho and the Limelight Denver, adjacent to Denver’s Union Station. Two additional Limelight Hotels in Mammoth, California, and Boulder, Colorado, are currently in development as well as a new Nell property at Rockefeller Center in New York City. Aspen Hospitality also owns and operates the ASPENX Mountain Club and the Snowmass Mountain Club. Aspen One is the parent company of Aspen Skiing Company, Aspen Hospitality and ASPENX and leverages its influence across all of its business units to advance climate action, community engagement and racial justice. For more information, visit www.aspenhospitality.co. 

Job Description

Summary 

The Senior Director of Finance oversees all long-term financial matters for the hospitality division, ensuring the alignment of financial and administrative objectives, policies, programs, and practices to maintain a continuously sound financial structure. This role manages the flow of cash and expenses within the hospitality division, safeguarding the integrity of funds and other valuable documents. Additionally, the Senior Director of Finance is responsible for overseeing financial systems, internal controls, and financial reporting, as well as managing all aspects of operational finance & accounting, including accounts payable, the general ledger, and financial planning and reporting. This position reports to the Senior VP of Finance.

The budgeted salary range for this position is $170,000 – $210,000. Actual pay will be dependent on budget and experience, all our salaried roles are eligible for bonus.

Job Posting Deadline

Applications for this position will be accepted until January 19, 2025. 

Essential Job Functions

• Maintain accurate financial records in compliance with company policies, procedures, and generally accepted accounting principles (GAAP) for income, expense, and balance sheet accounts
• Communicate strategic goals, business priorities, and financial concepts clearly and persuasively to subordinates and stakeholders to drive desired outcomes
• Develop and execute innovative business plans aligned with the company’s and brand’s strategic direction
• Advise business partners and leadership on financial and operational issues
• Enforce financial controls and compliance with Aspen Hospitality policies, procedures, and applicable laws, including monthly control checklists. Implement appropriate controls to manage risks and safeguard assets
• Oversee all aspects of budget and forecast preparation for hospitality properties, including annual budgets, forecasts, and 10-year plans
• Manage operational standards for accounting, cash handling, accounts payable, accounts receivable, income audit, systems support, and payroll
• Represent the company on various boards as needed, such as homeowners association boards
• Liaise closely with ASC accounting to ensure adherence to company policies and procedures
• Continuously analyze and improve processes to enhance efficiency and effectiveness
• Ensure all projects comply with company standards and regulatory requirements specific to the hospitality sector
• Collaborate with cross-functional teams, including finance, operations, and sales, to ensure integrated project execution
• Meet report delivery deadlines by submitting accurate and timely reports
• Demonstrate leadership by utilizing interpersonal and communication skills to influence and encourage others, advocate for sound financial decisions, and lead by example
• Manage cash flow in accordance with Aspen Hospitality and joint venture requirements, demonstrating an understanding of cash flow and stakeholder priorities
• Build strong relationships with key stakeholders, including owners and corporate entities, to meet their needs effectively
• Act as a liaison with ASC accounting regarding treasury, banking, tax preparation, property insurance, and annual audits
• Partner with the Project Controller and VP of Development on new hotel projects, including underwriting, preopening budgets, and project budgets
• Perform other duties as assigned

Qualifications

• B.S Degree in accounting or finance required. Master Degree preferred
• Must have extensive knowledge of all aspects of hotel accounting
• Extensive knowledge of budgeting, forecasting, and capital project accounting
• 10 or more years of experience leading hotel finance and accounting division supporting multiple properties
• Extensive knowledge with hotel property management software, point of sale systems, electronic time clock systems, spreadsheet software and other hotel applications
• Excellent communication skills, both verbal and written
• Advanced Excel skills with experience in financial modeling

Additional Information

Supervision Given and Received 

Given: Exercises direct supervision over hospitality finance and accounting staff. Responsibilities include, but are not limited to, frequent and detailed review of work, training, planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems.

Received: Works under the general supervision of the Senior VP of Finance continuing or individual assignments according to supervisor’s directions and may perform routine tasks. Expectations of the quality, quantity and deadlines are clearly set. Instructions, advice and assistance available as needed. Work is reviewed on demand or during scheduled check-ins. 

Work Environment and Physical Demands

• Ability to stand, type and sit at desk/computer for most of the work shift executing repetitive movements
• No adverse or hazardous conditions
• Not required, but preferred to be able to occasionally lift, push or pull 25 lbs. individually or with assistance

Benefits 

This position is categorized as a regular full-time position eligible for the following benefits:

Enrollment dates differ across the various programs. 

• Health, Dental and Vision Insurance Programs
• Flexible Spending Account Programs
• Life Insurance Programs
• Paid Time Off Programs
• Paid Leave Programs
• 401(k) Savings Plan
• Employee Ski Pass and Dependent Ski Passes
• Other company perks

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. By accepting a position with Aspen One, Aspen Snowmass, Aspen Ventures or Aspen Hospitality you acknowledge that you are able to perform the essential functions of the job with or without reasonable accommodation. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of the job. To request accommodation during the application and interviewing process, please contact Human Resources at 970-300-7700. 

This job description is designed to indicate the general nature and level of work. It is not designed to contain or be interpreted as a comprehensive list of all duties, responsibilities, and qualifications required of employees assigned to this job. Duties and responsibilities may change at any time with or without notice.

Aspen One is an equal opportunity employer (Minority/Female/Disabled/Veteran). At Aspen One, inclusion, equity, and diversity are fundamental to fulfilling our vision of building a better workplace and better world. From our hiring practices through the entire employee experience, we embrace and celebrate the unique experiences, perspectives and cultural backgrounds that each employee brings to the workplace. We encourage diverse points of view which allows us to develop innovative solutions to the ever-evolving world of work. Aspen One strives to foster an environment where our employees feel respected, valued and empowered, and our team members are at the forefront of helping us promote and sustain an inclusive workplace that works for all.

For an overview of Aspen One Company’s benefits and other compensation visit www.aspensnowmass.com/employment/benefits-and-perks

Aspen One participates in E-Verify.

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