Assistant Director of Finance

The Loren at Lady Bird LakeAustin, TX
10h

About The Position

At the cornerstone of Ladybird Lake and the Austin Skyline, the internationally recognized best in class Luxury Hotel Group, The Loren Hotel will bring a level of understated luxury and sophistication to Austin. With its unparalleled views of Lady Bird Lake and the Austin skyline, The Loren invites discerning residents and guests to experience the ultimate in understated luxury and curated Austin culture. Our modern hotel rooms, impeccable service, and exclusive amenities offer the perfect complement to our indoor-outdoor environment, uniquely set within Austin’s most beloved green space. We are Uncompromising by Nature We are here for those who question the ordinary. Who shun the mundane, the dull and the blunt. The risk-takers, the tree-shakers, the trail-makers. Those who believe in more, in further, and better. Who won’t settle for second, or for “good enough?” or “nearly there?” Who will get to their feet and not be shaken by doubters. Not afraid to be one of the curious minds. Who will talk of the world with elegance and charm. Knowing of its beauty, its delicate place. Yet embrace those things that bring us on. Art, food, wine, and song. Find us, united by a love for life. Its zest, its zing… its unpredictable turns. Join our commitment, our passion, and flair. Free spirits with soul. Job Summary The Assistant Director of Finance assists with P&L tasks, balance sheet reconciliation and managing daily accounting functions—including accounts payable, accounts receivable and income audit, while supporting department leaders with forecasting and checkbook reconciliations. The Assistant Director of Finance works closely with the Director of Finance, General Manager and corporate office to maintain fiscal integrity, optimize financial performance, and support strategic decision-making.

Requirements

  • Bachelor’s degree in Accounting, Finance, or related field.
  • Minimum of 4–6 years of progressive accounting or finance experience within the hospitality industry, with at least 2 years in a supervisory or management role; luxury or upper-upscale hotel experience strongly preferred.
  • Strong working knowledge of hotel accounting systems and financial platforms (e.g. Opera, Paycom, M3, Birch Street, or similar), with advanced proficiency in Microsoft Excel.
  • Thorough understanding of hotel financial operations, including general ledger, accounts payable and receivable, payroll, budgeting, forecasting, cash management, and month-end close.
  • Demonstrated experience supporting audits, internal controls, and compliance with GAAP and brand or ownership reporting requirements.
  • Proven ability to analyze financial data, identify trends, and provide clear, actionable insights to senior leadership.
  • Strong leadership, communication, and interpersonal skills, with the ability to effectively partner with operational leaders across departments.
  • High level of integrity, discretion, and attention to detail, with a commitment to accuracy and confidentiality.
  • Ability to manage multiple priorities, meet deadlines in a fast-paced environment, and adapt to changing business needs.
  • Experience supporting luxury service standards while maintaining fiscal discipline and operational efficiency.
  • Able to safely and successfully perform the essential job functions consistent with the ADA, FMLA, and other federal, state, and local standards, including meeting qualitative productivity standards.
  • Ability to maintain regular, punctual attendance consistent with the ADA, FMLA, and other federal, state, and local standards.
  • Able to work nights and weekends per business demands
  • Must be able to stand at least 50%
  • Must be able to sit and squat frequently

Responsibilities

  • Perform and/or assist with month-end closing.
  • Participate in monthly P&L critique and asset inventories.
  • Assist in preparing and producing financial statements for management and corporate review within designated time frames.
  • Analyze and reconcile all general ledger and bank accounts to ensure accuracy.
  • Prepare and/or assist with annual budgets, forecasts, taxes, and other financial reports.
  • Assist in annual audits and corporate requests.
  • Assist Director of Finance with the Reconciliation of balance sheet accounts each period.
  • Review any problem accounts with Director of Finance and adjust entries to the general ledger.
  • Supervise daily accounting operations, ensuring compliance with all policies, procedures, and regulations.
  • Verify credit cards are processed every night-by-night audit and reconcile in full.
  • Effectively schedule, monitor, and evaluate controllable departmental expenditures to stay within the restraints of the established budget through: labor management and purchasing control systems.
  • Manage full account payable cycle.
  • Oversee accounts receivable and ensuring credit policies are followed.
  • Assist in training and developing of hotel teams concerning accounting functions.
  • Communicate financial topics clearly and provide guidance to other departments.
  • Alert management to potentially serious financial issues.
  • All other duties as assigned, requested or deemed necessary by leadership.

Benefits

  • Participation in 401(k) with company match of up to 4%
  • Medical with 0 deductible/0 co-pay options/Dental/Vision/FSA/STD/LTD/Life and AD&D/Hospital Indemnity
  • Paid PTO
  • Paid Holidays
  • Paid Maternity/Paternity Leave
  • Employee Assistance Program
  • Complimentary Employee Meal
  • Complimentary Bus Passes
  • 50% off Dining in Nido
  • Recognition Programs, Incentives and Celebrations
  • Benefits available to Part time Associates
© 2024 Teal Labs, Inc
Privacy PolicyTerms of Service