Assistant Director of Finance
About The Position
The Assistant Director of Finance supports the Director of Finance in overseeing the hotel’s financial operations, including budgeting, forecasting, financial reporting, and accounting, to promote profitability and compliance with internal and external standards. The role works with department heads and senior leadership to provide financial insights, support revenue and cost management, and maintain fiscal responsibility while upholding guest service and Sofitel luxury service standards. The position assists with full-cycle hotel accounting, leads month-end and year-end closings, prepares journal entries and reconciliations, and helps ensure accurate tax filings and supporting records. It also oversees financial reports, forecasts, and budgets; supports regulatory compliance and internal controls; supervises and develops the finance team; and participates in audits and the implementation of recommended improvements.
Requirements
- Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.
- At least 5 years of progressive experience in hotel finance or accounting.
- At least 2 years of experience in a supervisory or managerial role.
- Proficiency in financial reporting, budgeting, forecasting, and internal controls.
- Advanced knowledge of Microsoft Excel and hotel accounting software.
- Experience with financial audits and compliance reporting.
- Excellent interpersonal and communication skills, including the ability to work across departments and with senior leadership.
- Strong ethics and dedication to compliance with financial laws, policies, and internal controls.
- Must be legally eligible to work in the United States; the hotel cannot assist with obtaining work authorization documents.
Nice To Haves
- Prior experience in a luxury hotel environment.
- Familiarity with Sofitel financial systems and standards, such as SunSystems, Opera PMS, and BI tools.
Responsibilities
- Assist the Director of Finance in managing the hotel’s full-cycle accounting operations in accordance with financial policies and procedures.
- Lead month-end and year-end closing procedures and ensure timely submission of financial statements to regional offices.
- Record and post accurate, complete journal entries.
- Perform monthly balance sheet and bank reconciliations and investigate and resolve discrepancies.
- Prepare and reconcile tax payments and reports, maintain supporting documentation, and support compliant monthly, quarterly, and annual tax filings.
- Oversee the preparation and analysis of financial reports, forecasts, and budgets.
- Ensure compliance with local regulations, internal controls, and corporate governance requirements.
- Supervise, train, and develop the finance team.
- Provide financial insights to department heads and the Executive Committee to support revenue and cost management.
- Participate in internal and external audits and implement recommended changes and best practices.
- Perform other duties as assigned.
Benefits
- Preferential hotel rates through the ALL Heartists® program.
- Exclusive discounts with partners in travel, gourmet, wellness, shopping, and other areas.
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What This Job Offers
Job Type
Full-time
Career Level
Manager
