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Hyatt

New

Finance Manager - $65K to $72K

Posted
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The salary range for this this position is $65,000 - $72,000

FIND YOUR PLACE AT Hyatt regency minneapolis\: Love where you work. Join a family that values respect, integrity, humility, empathy, creativity, and fun.

The Finance Manager supports the Finance Department by performing a broad range of accounting, cash management, accounts payable, accounts receivable, reconciliation, reporting, and month-end close activities. This position plays a key role in maintaining accurate financial records, ensuring compliance with internal controls, and providing financial support to hotel operations. The Finance Manager works closely with Finance, Operations, Sales, Events, Front Office, Food & Beverage, Purchasing, and other departments to ensure the integrity of financial reporting and efficient business operations.

Essential responsibilities include, but are not limited to\:

Accounting & Financial Reporting

  • Support daily, monthly, quarterly, and year-end accounting activities.

  • Prepare and post journal entries, including accruals, prepaid expenses, deposit forfeitures, commissions, taxes, statistical journals, and other month-end adjustments.

  • Prepare account reconciliations, supporting schedules, financial reports, and audit documentation.

  • Review general ledger accounts and assist in identifying and resolving discrepancies.

  • Research, troubleshoot, and analyze financial variances and posting errors.

  • Assist with budgeting, forecasting, financial analysis, audits, and special projects as assigned.

  • Prepare daily revenue reports and analyze hotel revenues against expected results.

Accounts Receivable & Revenue Review

  • Support accounts receivable activities, including account setup, cash application, aging reviews, collections follow-up, and payment verification.

  • Review and reconcile event billing, cancellation fees, attrition fees, and guest billing activity.

  • Verify charges posted through hotel operating systems and ensure billing accuracy.

  • Monitor outstanding balances and assist with collection efforts.

  • Analyze revenue activity and ensure transactions are properly recorded and reconciled.

Reconciliations & Month-End Close

  • Complete assigned account reconciliations, including\:

    • Cash accounts

    • Deposits

    • Guest ledger accounts

    • Open folios

    • Parking revenue

    • Audio-visual revenue

    • Entertainment revenue

    • Other balance sheet and income statement accounts

  • Assist with month-end and year-end close processes.

  • Review tax-exempt documentation and other supporting records for accuracy and compliance.

  • Maintain departmental KPI reporting and financial schedules.

Compliance & Administrative Support

  • Maintain accounting records, contracts, leases, and legal documentation in accordance with company policies and retention requirements.

  • Ensure compliance with accounting procedures, internal controls, and audit standards.

  • Protect confidential financial, guest, vendor, and employee information.

  • Provide ongoing support to the Director of Finance, Assistant Director of Finance, and Multi-Property Director of Finance.

  • Collaborate with cross-functional teams to support operational and financial objectives.

We offer competitive salary, medical, dental, and life insurance, short term and long-term disability, 401(k), and travel benefits. The salary range for this this position is $65,000-$72,000. This is the pay range for this position at Hyatt Regency Minneapolis reasonably expects to pay. Decisions regarding individual salaries will be based on a number of factors including experience and education.

All qualified candidates will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.

Skills

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