Associate Director of Finance & Analytics

Loews Hotels•Nashville, TN

1d•Onsite

About The Position

Loews Hotels & Co is a leading owner and operator of luxury hotels with a portfolio consisting of 26 hotels and resorts in the United States. The Associate Director of Finance and Analytics (ADOF) for the Loews Hotels Business Services Center (“BSC”) is responsible for the financial management, reporting and analytics of all business units that provide financial and operational services within our shared services environment to our multi-location hotel chain and owner/management company. The team member is responsible for compiling, reporting, analyzing and communicating all data for our BSC, notably the annual budget, monthly and long-term operating forecasts, monthly and long-term cash forecasts, monthly and year-to-date actual financial results compared to budget and forecast and performance metric achievements. Within this scope, the ADOF is also responsible for compiling, analyzing and communicating operational productivity metrics and root cause analytics in comparison to established service level standards. In this capacity, the ADOF provides direction and leadership to business unit executives to ensure that overall performance is aligned with financial and business objectives established in a cost-effective manner. This is a corporate finance position and reports to the Vice President, Financial Shared Services.

Requirements

Strong corporate finance and financial reporting expertise, including budgeting, forecasting, cash flow, and variance analysis
Advanced analytics skills with ability to translate financial and operational data into clear insights and root-cause analysis
Proven leadership and influencing ability to guide business unit executives toward cost-effective, goal-aligned performance
High attention to detail with ability to manage complex, multi-entity shared services environments
Clear, executive-level communication skills across written, visual, and verbal financial storytelling
Bachelor’s degree with a major in finance, or accounting
Four to six years progressive experience in managing Hospitality Accounting operations
Financial presentations to senior executive leadership
2+ years of shared service operations experience
2+ years of human capital management experience
Experience collaborating with teams in high volume accounting operations
Experience in developing budgets, long-term models and ROI analysis
Experience in building relationships across cross-functional disciplines in defining scope and service level expectations
Experience in application systems implementation, if needed
Project management experience
Experience in process improvement activities with Six Sigma certification
Strong analytical skills and use of Excel, PowerPoint

Responsibilities

Directs the daily accounting tasks required for the timely and accurate processing of transactions, including intercompany and intracompany allocations, journal entries, document workflow approvals, purchase approvals and invoice approvals.
Responsible for the compilation and presentation of monthly reporting, executive commentary and variance analysis for the BSC, which includes (1) actual financial results for each individual business unit; (2) consolidated results of operations; (3) operational service level performance metrics; and (4) operating, capital, and cash forecasts, among other things.
Responsible for the compilation and presentation of annual reporting, executive commentary and variance analysis for the BSC, which includes operating and capital budgets, as well as long term forecasts.
Responsible for helping the BSC to drive the achievement of financial and performance objectives in accordance with budgets, forecasts and business objectives, and communicating with BSC leadership to ensure that achievement.
Provides financial support to and collaborates with leaders of BSC business units, which includes FSC Finance Operations, Strategic Sourcing and Contracting, Customer Engagement Services, Information Technology, Facility Operations and Human Resources.
Conducts monthly P&L and Balance Sheet account reviews with business discipline owners, ensuring proper coding and classification and reasons for variances against Budget, as well as helping to identify actions, where appropriate, to get back on Budget.
Assists senior leadership with the management and review, drafting and execution of all contracts under the purview of the BSC.
Helps to draft, implement and maintain policies and procedures supporting strong internal controls and compliance with generally accepted auditing standards.
Ensures documented compliance with established policies, procedures and SOX controls.
Oversees the completion of compliance assessments and internal audits of BSC business units in accordance with Company policy.
Exhibits a strong focus on service excellence, accurate and timely deliverables and continuous improvement, with an emphasis on cost-effectiveness measured by industry benchmarks and best practice comparisons.
Maintains relationships with customers and stakeholders to ensure responsiveness to their needs and escalates operational performance issues for quick resolution.
Maintains relationships with cross-functional discipline leaders across the organization to promote shared deliverables and commitments.
May be required to work varying schedules to reflect business needs.