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Meyer Jabara Hotels

Chief Financial Officer

danbury, CT

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Job description

Meyer Jabara Hotels is celebrating 50 years, and is an award winning hospitality company. The company has distinguished itself as an employer of choice, attracting innovative and talented industry professionals. Allowing associates to display their individual talents is how Meyer Jabara Hotels distinguishes its leadership style from other companies. We manage our hotels by empowering our people, delivering the promise of an exceptional repeatable experience for our guests and providing exceptional investment returns for our partners.

Essential Functions and Duties

Provide strategic input regarding corporate strategy, acquisitions, and dispositions

Oversee the company's fiscal activity, including budgeting, reporting, auditing, tracking capital expenditures, and bill paying

Assure legal and regulatory documents and tax returns are filed timely and monitor compliance with laws and regulations

Identify and address financial risks and opportunities for the company

Analyze cash flow needs for the organization's operations

Supervise financial reporting and budgeting teams, including preparation of profit and loss statements, general ledgers, and statements of cash flow

Review financial reports for ways to reduce costs

Help decide on future investments by considering cash returns and liquidity risks

Manage the balance sheet

Develop and manage key relationships with investors, banks, lenders, etc.

Prepare reliable current and future forecasting reports as well as proformas for new hotel developments and acquisitions

Oversee the company's finance IT systems

Assist with recruiting new associate controllers when necessary

Cultivate relationships with senior management, investors, external partners, and family members

Assist with diligence, property transitions, and special assignments as needed

Perform various other duties as assigned to meet business objectives

Required Experience, Education, and Skills

Bachelor's degree in Accounting, Finance, or Economics

7+ years of experience as CFO or in a Senior Management position

Strong financial understanding of P&Ls, balance sheet, cash flow management, general finance, and budgeting

Proficiency in accounting software and MS Office

Ability to strategize and solve problems

Strong leadership and organizational skills

Excellent communication and people skills

Ability to inspire confidence and create trust

Ability to work under pressure, plan personal workload, and delegate

Ability to understand new issues quickly and make wise decisions

Familiarity with real estate mortgage loans

Background screen required

Work Environment and Physical Demands

This is a full-time position based in Danbury, CT

Prolonged periods sitting at a desk and working on a computer

Ability to travel as needed

Other Duties

This job description is not intended to be a comprehensive listing of all activities, duties, or responsibilities required of the associate in this role. Duties, responsibilities, and activities may change at any time, with or without notice.

Meyer Jabara Hotels is committed to equal employment opportunity. We do not discriminate based on race, color, religion, sex, pregnancy, national origin, ancestry, age, marital status, sexual orientation, veteran status, physical or mental disability, or medical condition. All aspects of employment, including recruitment, hiring, advancement, compensation, benefits, training, promotion, transfer, discipline, layoff, recall, and termination, will be conducted without discrimination. Reasonable accommodations will be made for associates with disabilities.

Resumes and applications will be evaluated based on qualifications and the ability to meet the position's requirements.

Do you have the J Quality?

At Meyer Jabara Hotels, our mission is to honor, host and create memorable moments and make true connections. We do this by creating an environment whereby all associates accept empowerment and ownership to go above and beyond for all of our guests, every day.

Are you a dynamic, enthusiastic, and guest-focused individual with a passion for the hospitality industry? If so, we have an exciting opportunity for you to begin your Journey with us and show us your J Quality!

What is your JQ?

#J-18808-Ljbffr

Worksite address

danbury, CT, 06813, US

Who can apply

Review the original listing for work authorization, qualifications and employer requirements.

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