Financial Analyst

Description

Company Overview :

SPIRE Hospitality is a management company specializing in creating memorable guest experiences and delivering best-in-class service at our hotels and resorts across the country.

We ensure you have the support, tools and opportunities you need to get the job done, grow as an individual, and excel in your hospitality career.

This is a Financial Analyst role to support the Financial Planning & Business Analytics department in a corporate office with functions related to creation and presentation of annual budgets, monthly forecasts and various KPI projections;

This role will also assist with the creation of hotel proformas including underwriting, market analysis, due diligence, and ad-hoc analysis projects.

Benefits :

We offer a comprehensive full-time benefits package consisting of medical, dental, vision, telemedicine, pet discount program, identity theft protection, pre-paid legal support, flexible spending accounts, 401K, earned wage access, life, critical accidental or illness, short- & long-term disability, paid time off, wellness programs, wonderful hotel discounts and much more!

ESSENTIAL FUNCTIONS :

Budgeting & Forecasting

Analyze, maintain, and improve existing financial models such as Operating budgets, CapEx, Underwriting, and Cashflow projections.

Develop new models as needed.

Create and distribute budgets for various P&L accounts managed at the corporate level (Property Taxes, Franchise fees, etc.

and publish general budget assumptions working with Leadership Team.

Support the budget and annual forecast processes for hotels and management company ensuring accuracy, establishing schedule, and holding various hotel and corporate level participants to deadlines in order to ensure investor due dates are met.'

Business Intelligence

• Support, maintain, and improve upon current business intelligence tools related to labor management, productivity standards, reporting, budgeting, forecasting, and financial planning
• Hotel Underwriting & Proformas
• Produce operational underwriting models examining opportunities in all Hotel and Resort property types.
• Review offering memorandums, financial statements, and other due diligence materials. Uncover value-add and operational improvement opportunities in targeted hotels.
• Participate in Due Diligence and Transitions for acquisition, management, and consulting projects
• Analyze financial information to forecast business, industry, and economic conditions for use in making investment decisions.
• Gather and compile information such as industry, regulatory, and economic information,
• company financial statements, financial periodicals, and other resources for decision-making.

MINIMUM QUALIFICATIONS :

• Knowledge, Skill, Education and Experience :
• Advanced skills in Microsoft Excel including creating, understanding and utilization of pivot tables and VLOOKUP’s
• 1-2 years experience in hotels, real estate development or other similar role preferred.
• 4-year college or university Bachelor’s degree in Finance or similar field of study required.
30+ days ago