Assistant Director of Finance

White Lodging - Austin Marriott Downtown - Austin, TX

Full-time - Mid Level

Austin, TX

About the position

The Assistant Director of Finance at White Lodging is responsible for managing the daily operations of the Accounting office, focusing on financial analysis, reporting, audit control, and cash management. This role involves ensuring compliance with accounting principles and operational procedures while supporting the Director of Finance in maximizing hotel profitability through effective financial data interpretation and analysis.

Responsibilities

• Oversees the AP and Cash functions.
• Oversees General Cashier and Income Auditor.
• Processes daily sales upload in TM1 and reviews for accuracy.
• Ensures compliance with all Generally Accepted Accounting Principles (GAAP) and the Uniform System of Accounts for the Lodging Industry (USALI).
• Assists Director of Finance and department heads in the interpretation and analysis of financial data, recommending courses of action to maximize hotel profitability.
• Maintains a strong accounting & operational control environment to safeguard assets, improve operations and profitability and manage business risks.
• Ensures compliance with all appropriate and required Standard Operating Procedures (SOPs).
• Communicates financial concepts in a clear and persuasive manner that is easy to understand and drives desired behaviors.
• Leverages technology and effectively uses information systems and tools to generate financial reports.
• Reviews audit issues and makes corrections as necessary.
• Monitors systems to ensure accuracy of data (e.g., outlet menu prices) and support the achievement of revenue goals.
• Ensures tax rates used for sales/use tax are current and proper amounts are collected and/or accrued.
• Documents tax exempt transactions.
• Ensures hotel permits, licenses and if applicable vendor contracts are current.
• Performs other duties as assigned to meet business needs.

Requirements

• 4-year bachelor's degree in Accounting or Finance is required.
• 2 years of experience in hotel accounting is preferred.
• Understanding of hotel accounting processes including AP, AR, GL, and cash.
• Understanding of Front office accounting processes including PMS, POS, Guest Ledger, and Audit.
• Understanding of Accounting Standard Operating Procedures (SOPs) and Internal Control Best Practices.
• Strong analytical abilities.
• An intermediate ability to use standard software applications and hotel systems.
• Strong skills in communication, problem solving, organization, and employee relations.
• Knowledge of overall hotel operations as they affect the accounting department.
• Understanding of purchasing and inventory controls.
• Ability to troubleshoot technology related issues.
• Effective decision making skills.
• Effective presentation skills.
• Ability to influence department managers in procedural issues & requirements.

Benefits

• 401(k)
• Dental insurance
• Disability insurance
• Employee assistance program
• Health insurance
• Life insurance
• Paid holidays
• Paid Time Off to include Vacation, Holidays, & Sick
• Tuition Reimbursement
• Complimentary and Discounted Rooms