Director Business Finance

With a career at HMSHost, you really benefit! We Offer

• Health, dental and vision insurance
• Generous paid time off (vacation, flex or sick)
• Holiday pay
• Meal and Transportation Benefits
• *401(k) retirement plan with company match
• *Company paid life insurance
• *Tuition reimbursement
• Employee assistance program
• Training and exciting career growth opportunities
• Referral program – refer a friend and earn a bonus

*Benefits may vary by position so ask your recruiter for details.

Location: North America Support Center, Bethesda, Maryland 
Advertised Compensation: $127,600.00 to $159,500.00 

Purpose: The purpose of the Director Business Development Finance is to maximize the return on the company’s investment dollars by providing fact-based input into development projects and by accurately evaluating and communicating to executive management the financial risk and return of potential business opportunities.

Essential Functions:

• Works to identify and evaluate potential development opportunities in new and/or existing accounts
• Provides financial input to assist in the selection of concepts
• Provides deal structure and negotiation support on new business initiatives
• Coordinates resources from Development, Concepts, Operations, and Design & Construction to lead the building of a comprehensive Business Case for each development project (to include detailed operating assumptions, pro forma, and assessment of financials returns, risks, and upsides)
• Structures and negotiates business terms for subtenant and joint venture relationships to fulfill legal and contractual requirements for local and minority business participation
• Participates in negotiations with landlords and potential business partners
• Prepares and presents Business Cases for capital approval and Scope Change Authorization Requests (SCAR) for capital approval
• Leads Senior Managers of Business Development Finance in the preparation of Business Case Post Audits to compare actual project performance to approved Business Case projections; ensure that learnings are shared with others in Business Development so that they may be instituted
• Leads Senior Managers of Business Development Finance in projects related to assigned accounts (e.g., sales and trend analysis, capital reconciliations, funding projects)

Reporting Relationship: This position reports to the VP Business Development Finance

Major Interdependencies: Developers, Design & Construction, Legal, Concepts, Operations

Minimum Qualifications, Knowledge, Skills, and Work Environment:

Education and Experience: The combination of education and professional experience must exceed 8 years:

• In a leadership role: Requires 3 years of experience leading a team of finance professionals engaged in developing and executing financial/business analysis
• In a technical role: Requires 8 years of experience engaged in developing and delivering financial/business analysis
• A bachelor’s degree in a program related to the functional area can count for 3 of the eight-year requirement
• An MBA or a master’s level degree in a program related to the functional area can count for an additional 2 years of the eight-year requirement
• In the industry: 3-5 years of Hospitality, F&B and/or Retail experience

Specialized Training:

• Requires experience in technical financial analysis skills (NPV, IRR, cost/benefit, trend analysis); computer modeling and analysis skills
• Specialized Skillset/Competencies/Traits
• Requires ability to conceptually recognize financial and strategic implications of analysis and information
• Requires experience in reading and interpreting legal agreements, experience in commercial real estate development and multi-location service companies
• Business acumen and also has the mindset required to understand the long-term implications of financial planning and to advance the organizations goals
• Demonstrated history of understanding the needs of the business, stakeholders, the employee population, and individual circumstances
• Demonstrated history of creating and maintaining positive work environments through coaching, developing, and leading teams to achieve common goals

Travel/Location:

• Requires up to 25% travel
• Location: requires a regular presence in F&B and/or Retail Center of Excellence locations

Avolta, including Dufry, HMSHost Corporation, Hudson, and affiliates (“the Company”), is an equal opportunity employer. It is the Company’s policy to ensure equal employment opportunity in all aspects of employment and to comply with anti-discrimination laws and regulations. The Company prohibits discrimination and harassment of any type and provides equal opportunities to applicants and team members without regard to actual or perceived race, color, creed, age, religion, sex or gender (including pregnancy, childbirth, related medical conditions and lactation), gender identity or gender expression (including transgender status), sexual orientation, national origin, disability, military service and veteran status, ancestry, citizenship status, marital status, protected medical condition as defined by applicable state or local law, genetic information, or any other basis protected by applicable federal, state or local laws and ordinances (referred to as “protected characteristics”).