Assistant Director of Finance

AccorHotel • Los Angeles, CA

3d

About The Position

The Assistant Director of Finance supports the Director of Finance in overseeing the hotel’s financial operations, including budgeting, forecasting, and financial reporting, to promote profitability and compliance with internal and external standards. The role works with department heads to provide financial insights while maintaining fiscal responsibility and guest service excellence.

The position also supervises and develops the finance team, provides strategic financial guidance to department heads and the Executive Committee, and participates in audits and the implementation of recommended improvements. The role requires a bachelor’s degree in a relevant field and at least five years of progressive hotel finance or accounting experience, including two years in a supervisory or managerial role. Prior luxury hotel experience is strongly preferred.

Requirements

• Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.
• Minimum 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, with the ability to work effectively 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 is strongly preferred.
• Familiarity with Sofitel financial systems and standards, such as SunSystems, Opera PMS, and BI tools, is a strong advantage.

Responsibilities

• Assist the Director of Finance in managing the hotel’s full-cycle accounting operations in accordance with the hotel’s financial policies and procedures.
• Lead month-end and year-end closing procedures and ensure timely submission of financial statements to the company’s regional offices.
• Record and post accurate and complete journal entries.
• Perform monthly balance sheet and bank reconciliations, investigating and resolving discrepancies.
• Prepare and reconcile tax payments and reports, addressing discrepancies as needed.
• Maintain organized records and supporting documentation for accurate and compliant monthly, quarterly, and annual tax filings in accordance with city, state, and federal regulations.
• Oversee preparation and analysis of financial reports, forecasts, and budgets to support strategic planning and business performance.
• Ensure compliance with local regulatory requirements, internal controls, and corporate governance prescribed by Accor Group Finance.
• Supervise, train, and develop the finance team in line with the hotel’s standards of excellence.
• Provide strategic financial insights to department heads and the Executive Committee to optimize revenue and cost management while upholding Sofitel’s luxury service standards.
• Participate in internal and external audits and implement recommended changes and best practices.
• Perform other duties as assigned.

Benefits

• Preferential rates in hotels through the ALL Heartists® program.
• Exclusive discounts with partners in travel, gourmet, wellness, and shopping.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager