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Director of Finance
Smith Arnold Partners
Location : New York, NY, 10055
Job Type : Full Time / Part Time
Salary : $150,000 - $160,000
Date Posted : 1 December 2025
Smith Arnold Partners
Title: Director of Finance
Key Responsibilities
Qualifications
Private Hospitality Real Estate holding firm seeking a skilled Director/Controller to oversee the financial health and operational success of our hospitality business. This role will collaborate with property management and stakeholders to drive profitability, ensure compliance, and support strategic growth.
Title: Director of Finance
Location: New York, NY
Salary: $150,000 – $160,000
Key Responsibilities
Financial Management & Strategy – Supervise all financial activities, including planning, projections, accounting, reporting, and performance analysis to meet business objectives and minimize risks.
Planning & Projections – Lead the development of annual financial plans and projections in collaboration with property leadership, tracking performance and providing actionable insights on variances.
Reporting & Insights – Deliver accurate and timely financial statements (profit and loss, balance sheets, cash flow reports) to leadership and stakeholders, analyzing data to guide strategic decisions and operational improvements.
Liquidity Oversight – Manage cash flow to ensure operational stability, overseeing receivables, balances, and deposits while preparing cash flow projections and funding proposals.
Compliance & Processes – Ensure adherence to tax laws, licenses, permits, and legal agreements, while establishing and reviewing processes for procurement, payroll, inventory, and cash management.
Risk & Communication – Promptly report financial discrepancies or procedural weaknesses to leadership and support adherence to operational and financial standards.
Account Reconciliation – Oversee timely and accurate reconciliation of all financial accounts, including bank statements and records.
Team Leadership – Mentor and guide a financial team, setting performance goals, providing training, and fostering a collaborative, high-performing culture.
Qualifications
Bachelor’s degree in finance, accounting, or a related field; CPA or MBA preferred.
Minimum of 7 years of experience in financial management, MUST HAVE hospitality experiencee
Strong knowledge of budgeting, forecasting, financial reporting, and cash flow management.
Proven ability to ensure compliance with tax regulations and internal financial controls.
Excellent analytical skills with the ability to translate data into actionable business strategies.
Demonstrated leadership experience in managing and developing a finance team.
Proficiency in financial software and systems (e.g., QuickBooks, SAP, or similar).
Exceptional communication skills to collaborate with leadership and stakeholders.
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Freqently Asked Questions
At Smith Arnold Partners, the Director of Finance plays a vital role in steering financial strategies tailored for hospitality real estate, focusing on optimizing profitability through close collaboration with property managers and stakeholders, ensuring precise financial oversight and fostering sustainable business growth.
Effective leadership for this role involves mentoring finance teams to uphold high performance standards, nurturing collaboration, and driving strategic financial initiatives that align with New York’s competitive hospitality market dynamics and regulatory environment.
In New York, certifications like CPA or MBA are highly regarded for finance directors, especially within hospitality real estate, as they demonstrate advanced expertise in financial management, compliance, and strategic planning critical to the region’s complex regulatory landscape.
Salaries for Director of Finance roles in NYC hospitality real estate generally range between $150,000 and $160,000, reflecting the demands of overseeing complex financial operations and compliance within a high-cost, fast-paced urban environment.
While both positions entail financial oversight, a Senior Director of Finance often carries broader strategic influence, possibly overseeing multiple departments or locations, whereas a Director of Finance focuses more on operational financial management and direct team leadership.
Professionals often advance from senior finance roles to Director of Finance by honing expertise in budgeting, compliance, and team leadership, eventually moving towards executive positions like VP of Finance or CFO, especially within hospitality real estate sectors.
Proficiency in platforms such as QuickBooks and SAP is essential, as they enable accurate financial reporting, cash flow management, and compliance — all critical for maintaining operational stability in Smith Arnold Partners’ hospitality real estate ventures.
Yes, the role demands close collaboration with property managers to align financial planning and projections with operational realities, ensuring both profitability and compliance within the hospitality real estate portfolio.
New York’s strict tax regulations and competitive hospitality market require the Director of Finance to emphasize compliance, timely reporting, and strategic cash flow management, adapting financial plans to local economic fluctuations and regulatory changes.
The anticipated compensation for this role at Smith Arnold Partners is between $150,000 and $160,000 annually, aligning with New York’s market standards for senior financial leadership within the hospitality real estate sector.
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