Assistant Director of Finance - The Langham, Pasadena

Careers - Langham Hospitality Group

11d•$115,000 - $119,000

About The Position

The Assistant Director of Finance effectively manages the day to day operation of Finance Department. Primary responsibilities include financial analysis and financial reporting. Works through own Team and influences department managers to ensure appropriate control are in place to manages business risks. Assist Director of Finance and Executive Team during budget preparation, forecasting. Oversee internal and external audit and control. Balance Sheet reconciliation and cash control. Team development.

Requirements

Ability to communicate orally and verbally in English with staff and outside entities
Ability to manage large staffs.
Ability to analyze large volume of complex financial information from many sources and create reports, forecasts projections
Understanding of complex computerized financial systems and ability to use it including manual dexterity to operate all office machines
Knowledge of various computer programs, such as Word and Excel (strong knowledge of excel and big data analysis which include financial metrics)
Detail oriented and organized. Polite and “lead by example – hands on” Leader.
Ability to effectively deal with guest and team members concerns in a friendly and positive manner, listening to the nature of the concern, demonstrating empathy with the customer/team member and providing positive and proactive solutions
Familiar with the Uniform System of Accounting for Lodging Industry (USALI).
Bachelor’s Degree in Accounting / Finance, or Business Administration with accounting credits is the must.
Min four to six years hospitality accounting experience required.
Must have experience directly supervising employees (4+)

Responsibilities

Supports the implementation of the property’s financial initiatives to support overall annual business plan. Generates and review.
Coordinate and review daily, monthly and annual financial statements for accuracy.
Supports the development of the annual operating budget for the property and provides analytical support during budget reviews to identify cost savings and productivity opportunities.
Review and approve all ledger account reconciliations to include; bank statements, assets & liabilities, cash and credit cards and other related GL accounts. Monitor coding of cash receipts.
Maintains a strong accounting and operational control environment to safeguard assets improve operations and profitability and manage business risks.
Ensure compliance with standard and local operating procedures.
Review and approve operational tax returns to ensure compliance with state and federal regulations.
Oversees internal, external and regulatory audit processes and ensures compliance with Langham (LHG) Standard Operating Procedures (SOP).
Leverages technology and effectively uses information systems and tolls to generate financial reports and provide managers with analytical support to drive decision making.
Reconcile Balance Sheet on timely manner and ensures account balances are supported by appropriate supporting documentation in accordance with LHG SOPs (monthly/quarterly)
Ensure federal and local tax rates are current and proper amounts are collected and/or accrued. Administers the payment of real estate/personal property taxes on time.
Ensure hotel permits, licenses and if applicable vendor contracts are current.
Review income audit issues and makes corrections as necessary.
Assigns team members and other department managers clear accountability to accomplish goals.
Participates in colleagues’ performance appraisal process, providing feedback as needed.
Participates in colleagues’ progressive discipline procedures. Ensures hotel policies are administered fairly and consistently. Disciplinary procedures and documentation are completed according to the Standard and Local Operating Procedures and supports the Colleagues Review Process.
Perform other duties as assigned by the Director of Finance, Corporate Finance and Hotel Managing Director.