Senior Director, Managed Hotels Finance

Senior Director, Managed Hotels Finance

Who are we looking for?

Choice Hotels, one of the world’s largest hotel companies, has an exciting new opportunity as our Senior Director, Managed Hotels Finance. As a key leader of our Managed Hotel Team, you will be responsible for driving strategic business objectives and delivering results by leading the FP&A team that supports the managed hotel portfolio of 13 properties across the Americas. This role provides comprehensive oversight of procurement, planning, forecasting, and analysis that are essential to the success of the managed portfolio. As a key financial leader, the Senior Director is responsible for identifying opportunities, addressing challenges, and implementing innovative solutions to enhance performance and operational efficiency. They will oversee the proforma process to support portfolio growth through the execution of new managed agreements while ensuring compliance with GAAP and Choice Audit standards.

In addition to financial stewardship, the Senior Director serves as a key partner to the Vice President of Managed Hotels, providing strategic insights and recommendations to drive business success. This role involves engaging with ownership groups and other stakeholders to communicate financial performance and ensure alignment with organizational goals. The Senior Director will lead the implementation of critical strategic initiatives and foster a culture of continuous improvement and excellence within the team.

Are you a strategic thinker who challenges the status quo and drives innovative solutions? Do you strive to be instrumental in shaping the financial strategy and enabling sustainable growth for the managed hotel portfolio? If so, we invite you to apply for our Senior Director, Managed Hotel Finance role and #MakeItYourChoice.

Your Responsibilities:

• Autonomously own all FP&A processes & solutions necessary for developing comprehensive annual operating and capital expenditure plans, forecasts, budgets, and internal audit controls.
• Provide strategic oversight across all facets of managed hotel finance.
• Leverage your expertise and lead your team to identify opportunities for operational efficiencies and implement best practices that align with organizational goals, driving the business forward.
• Foster strong relationships with key stakeholders, ensuring that financial strategies are clearly communicated and effectively executed to enable the managed hotel portfolio to thrive in a competitive landscape. Navigate complex financial environments, to move the business forward.
• Provide senior management and external business partners, owners, and authorities with timely and accurate financial reporting and communication according to management agreements, lease agreements, US GAAP, local laws and regulations, and other instructions.    
• Lead, coach, and develop your team to mentor hotel-based/operational finance teams, ensuring their effectiveness and productivity align with business objectives and the strategic vision of the managed hotel portfolio.
• Foster a high-performance culture that emphasizes professional growth and retention of top talent.

Your Experience, Skills & Competencies

• Bachelor’s degree in Accounting or Finance; Master’s degree preferred
• 10+ years of progressive experience in financial planning, strategic analysis, prior experience as a hotel Director of Finance strongly preferred
• Proven experience in managing ownership relations and reporting to an executive board of directors and/or senior vice president executives
• Strong written and verbal communication skills with the ability to communicate to business partners, customers, and executive management succinctly and effectively
• Ability to collaborate cross functionally to identify areas of opportunity or concern
• Strong financial acumen capable of evaluating financial statements to tell the story of a hotel’s performance
• Demonstrated ability to influence stakeholders, drive results, and hold others accountable
• Demonstrated ability to identify opportunities, collect appropriate information, synthesize, analyze, and sell recommendations to key stakeholders
• Experience with project management or oversight especially as it relates to implementing new technology solutions to improve the hotel’s operating environment
• Strong understanding of a hotel’s control environment and compliance with GAAP, the Uniform System of Accounts, and Sarbanes-Oxley
• Ability to travel domestically (up to 40%)

Salary Range

The salary range for this position is $185,000 to $217,000 annually, plus variable, performance-based commission. Offers take into account the candidate's background, education and experience. In addition to the annual salary and commission, this role is eligible for annual awards of Choice Hotels International common stock through Choice’s Long-Term Incentive Plan (LTI Plan).

**This role is not eligible for sponsorship**

Your Team

This is a leadership role that will report to the Head of Managed Hotels Division. You will have direct reports and collaborate with cross-functional departments on a regular basis.

Your Work Location

As our Senior Director, Managed Hotel Finance you will be a remote-based associate, working from your home office. You will be required to connect virtually with Choice team members and leadership on video via Zoom, with periodic travel in-person to our 13 beautiful hotel properties, and state-of-the-art worldwide offices in North Bethesda, MD, Scottsdale, AZ, or St. Louis Park, MN.    

Choice prioritizes our associate wellbeing by offering a comprehensive benefits program that is both competitive and flexible to help you achieve your wellbeing goals - here are just a few:

• Competitive compensation and benefits, including medical, dental, and vision coverage
• Leave and paid time-off for holidays, vacation, personal, family, volunteer, sick, jury duty, bereavement, military, and religious observance
• Financial benefits for retirement and health savings
• Employee recognition programs
• Discounts at Choice hotels worldwide

About Choice

Choice Hotels International, Inc. (NYSE: CHH), is one of the largest lodging franchisors in the world. With 7,500 hotels in 45+ countries and territories, we offer a range of high-quality lodging options in the upper upscale, upper midscale, midscale, extended stay, and economy segments. We’re the hotel company for those who choose to bet on themselves — the striver, the dreamer, the entrepreneur — because that’s who we are, too.

At Choice, we are united by the simple belief that tomorrow will be even better than today — for associates, our company, and our franchisees. At our worldwide corporate headquarters in North Bethesda, Maryland, at our technology center in Scottsdale, Arizona, and through our associates around the globe, every voice is heard and every idea is listened to, no matter what area of the company they come from. We are united in supporting the entrepreneurial dreams of our thousands of franchise owners, which propels us forward — giving our work at Choice a purpose larger than our business.

Our corporate office locations:

North Bethesda, MD — Located at Pike & Rose, our worldwide headquarters is less than 15 miles from Washington, D.C., one block away from the North Bethesda Metro station, with easy access to I-495, complimentary parking, electronic charging stations, restaurants and retail.

Scottsdale, AZ — Located at the northwest corner of Loop 101, the Scottsdale office is home to our technology, eCommerce and customer service organizations, with easy access to complimentary parking, electronic charging stations, restaurants and retail.

Minneapolis, MN — Select roles are based in our Minneapolis office on Highway 394, near the intersection with Highway 100, only five minutes from downtown.

Field/Remote — Select roles designated as field/remote will require associates to work from a home office, connecting virtually with Choice team members and leadership on Zoom, with possible required travel depending on the role.  

Choice’s Cultural Values

Welcome and Respect Everyone | Be Bold | Be Quick | Listen | Be Curious | Show Integrity

Choice’s Leadership Principles

Act with Intention | Lead with Authenticity | Grow & Deliver