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Finance Director

Company: Palisades Tahoe
Location: Reno
Posted on: June 6, 2024

Job Description:

Please note, this position is located at Palisades Tahoe Resort in Olympic Valley, CAYear Round

About Palisades Tahoe

Palisades Tahoe is the largest ski resort in the Lake Tahoe region, boasting 6,000 skiable acres across eight peaks. The more than 70-year-old resort celebrates a rich history as the host of the 1960 Winter Olympics, the Spring Skiing Capital, and home mountain to dozens of Olympic and World Cup athletes across multiple snow sports. With an average annual snowfall of 400 inches, Palisades Tahoe frequently operates the longest ski and snowboard season in Lake Tahoe. The European-inspired Village at Palisades Tahoe offers year-round events and over 50 bars, restaurants, and boutiques, many of which are locally owned and operated. Palisades Tahoe is on the Ikon Pass, which offers access to 47 international ski destinations. In 2021 the resort changed its name, trading in a harmful slur for a name that better reflects its values and legacy. Visit the Palisades Tahoe website or call 1.800.###.#### to learn more. You can also visit us on Instagram, Twitter, Facebook, and Vimeo.

A Great Job and Benefits to Match:

  • Free skiing + riding privileges to 17 iconic resorts including Palisades Tahoe, Mammoth Mountain, Steamboat, Solitude and more!
  • 401(k) plan with generous company match
  • Free lift tickets, plus 50% off lift tickets
  • 25%-50% discount at Food & Beverage locations at Palisades Tahoe
  • 30% discount at Palisades Tahoe operated retail stores, including The North Face, Oakley and more
  • Employee Assistance Program (EAP)

    To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential duties.

    Job Summary: This position leads Palisades Tahoe resort in financial planning, budgeting, forecasting, financial analysis, financial training, capital planning and reporting, revenue auditing and cash handling.

    To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential duties.

    Applicants must be 21 years of age.

    Essential Job Responsibilities/Duties/Tasks include the following; other duties may be assigned:
    • Member of senior leadership team for Palisades Tahoe Resort.
    • Provide financial leadership for finance and operational accounting team by guiding financial decisions and establishing, monitoring and enforcing policies and procedures.
    • Lead resort level financial reporting in partnership with finance leadership in Denver.
    • Detailed financial analysis and strategic planning of operations supporting the Resort President, resort leadership team and the Denver accounting and finance team.
    • Supervise resort finance and accounting staff by coaching, counseling and mentoring as well as leading formal performance evaluations.
    • Provide Business Development Opportunities and Analysis.
    • Work directly with revenue management team on reporting and analysis.
    • Lead analysis of daily, weekly and monthly financial statements for all departments to ensure strong financial performance.
    • Communicate with operational directors and managers regarding policies and procedures, and hold them accountable for their operations' financial results.
    • Lead the annual business planning process, including development of operating budgets, capital plans, and the 5-year plan.
    • Lead the monthly forecast and variance process, developing monthly EBITDA forecasts to ensure adherence to the resort's business plan.
    • Manage the capital process, including creating investment memos, opening and closing projects, and monthly tracking and forecasting to ensure adherence to the annual capital budget
    • Oversee Purchasing department, focusing on driving adoption/adherence to Alterra Procurement policies and implement sourcing strategies to add value to the Resort
    • Lead year-end audit assistance in partnership with the Denver team.
    • Ensure proper internal controls are in place. Work with Denver team.
    • Ensure accurate daily reporting of operations revenue and labor.
    • Work with Denver team to facilitate month end close and ensure accuracy of financials.
    • Manage the creation, support and enforcement of policies, procedures and internal accounting controls.
    • Provide leadership on resort in resolution of accounting issues.
    • Lead financial training on resort when necessary.

      Competencies and Job Requirements:

      Required:
      • Work requires professional written and verbal communication and interpersonal skills. Ability to motivate teams to produce quality materials within tight timeframes and simultaneously manage several projects. Ability to participate in and facilitate group meetings.
      • This is normally acquired through a combination of the completion of a Degree in Finance or Accounting, ten years of experience in a senior-level finance position, and a MBA and/or CPA.
      • Performance record should show success working with all levels of management and personnel.
      • Knowledge of finance, accounting, budgeting, and cost control principles including Generally Accepted Accounting Principles. Knowledge of automated financial and accounting reporting systems. Knowledge of federal and state financial regulations.
      • Working knowledge of Microsoft Office, especially Excel, and computer functionality required.
      • Work requires willingness to work a flexible schedule.

        Education and Experience:

        Required Education:
        • Bachelor's degree in Accounting or Finance
          Experience:
          • 10-15 years of experience in financial analysis and leadership

            Travel Requirements
            • As needed, primarily to the Denver headquarters office or other Alterra Mountain Company resorts

              The base salary range below represents the low and high end of the Palisades Tahoe Resort, LLC's salary range for this position. Actual salaries will vary and may be above or below the range based on various factors including but not limited to experience, education, training, location, merit system, quantity or quality of production, responsibilities, and regular and/or necessary travel. The range listed is just one component of Palisades Tahoe Resort, LLC's total compensation package for employees. Other rewards may include short-term and long-term incentives and many region-specific benefits.

              Base salary range: $127,850.08 - $178,990.11 per year

              Physical Demands and Working Conditions:

              The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.

              This position may be required to work evenings, weekends and holidays.

              Office Environment:
              • Able to lift, carry, or otherwise move and position a minimum of 20 pounds on an occasional basis.
              • Manual dexterity to operate a computer and other common office equipment on a constant basis.
              • Auditory and visual acuity to operate computers, phones, mobile devices and basic office equipment on a constant basis.
              • Ability to work for extended periods of time sitting, bending, reaching, and speaking on a constant basis.
              • Ability to work for extended periods of time standing, walking, kneeling, pushing and pulling on an occasional basis.
              • Talking and hearing occur continuously in the process of communicating with guests, supervisors and other employees.

                Other Duties as Assigned:

                This position description is an overview of the scope of responsibilities for the role described above. With the evolution of the resort, the responsibilities of this position may change as may the dates associated with many of the tasks. During these times of change, this position requires the flexibility and willingness to accept new responsibilities and potentially transfer others. It will also be the responsibility of any employee of the resort to be a positive influence on the transformation of the resort and its associated lines of business.

                For information on Alterra Mountain Company's Social Responsibility work including our Diversity, Equity, & Inclusion actions, please see our webpage at www.alterramtnco.com/social-responsibility. Among other resources, Alterra has Employee Resource Groups to support the BIPOC (Black, Indigenous, and people of color), disability, LGBTQIA2S+, and women communities within our workforce. Associated topics: associate director, chief investment officer, controller, director finance, financial director, general manager, general operational manager, manage, organizational culture, staff

Keywords: Palisades Tahoe, Reno , Finance Director, Executive , Reno, Nevada

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