Complex Director of Finance

Loews Hotels•Orlando, FL

2d•Onsite

About The Position

This position provides continuous leadership and guidance in all matters relating to the financial operation of the hotel by: providing accurate and timely financial reports to assist management decision making process’, maintaining acceptable internal control procedures designed to safeguard owners/investors assets, ensures compliance with all Federal, State, Local regulations. Additional responsibilities include; staffing, training, scheduling of employees; planning organizing, directing and coordinating all department activities to ensure efficient operation.

Requirements

Extensive knowledge of computer based front and back of house Accounting Management Systems
Prolific in Windows, Excel and MS-Office software operating systems and applications
Ability to assemble, analyze, understand and present integrated spread sheets and complex technical information to all levels of management
Organization/prioritization skills necessary to meet deadlines
Effective management, leadership, organizational and communications skills
Working knowledge of basic office equipment, i.e.; fax, copiers, printers, calculators
Ability to work flexible schedule to include weekends and holidays
Four to six years progressive experience in managing Hospitality Accounting operations
Minimum of three years at a Senior Executive level

Nice To Haves

Bachelor's or higher degree in Accounting/Finance, preferred

Responsibilities

Manages/oversees the accounting department to ensure optimal efficiency of financial operations and adherence to Loews commitments to management contract
Directs or prepare all financial reports, ledger reviews and forecasts according to the established schedule, for distribution of operational information necessary to assist management in decision-making and budget preparation processes
Overses preparation of, interprets and analyzes monthly financial statements and presents to management
Monitors revenues/expenses and ensure accurate recording of information to Loews established guidelines
Compiles financial data related to operations, investigate and critique variances from expectations to determine cause and recommend appropriate management response to insure attainment of hotels financial objectives
Establishes and oversees /audit all internal financial controls to include purchasing, cash handling, receipts, disbursements, expendable/fixed asset inventories, payroll and employee records to insure policies are enforced according to Loews standards
Coordinates annual internal and external audit processes
Ensures the proper utilization, maintenance and periodic upgrading as required of all EDP systems and equipment
Assists management in capital planning process by providing appropriate ROI information
Coordinates the development of the annual financial plan
Assists division and department heads in the preparation of their respective budgets
Maintains files, pertaining to and ensuring compliance with, insurance policies, all contracts and legal agreements
Ensures proper, timely payment of fees for licenses, permits, regulatory contracts and insurance’s, all taxes
Serves as active member of Executive Committee and attends all meetings of same
Attends various departmental meeting’s in order to maintain effective working relationships with operational departments and staff
Approves as needed all purchase orders, payroll submitttes, cash transfers to owners, manual checks, balance sheet and bank reconciliation's, month end journal entries, bad debt write-off’s, all Loews inter-hotel and corporate billings
Directs cash management activities to ensure the proper use and timely availability of funds
Provides guidance on technical issues affecting departments reporting to the Credit Manager
Conducts/oversees monthly audit of General Cashiers vault
Interviews, selects, trains, appraises, coaches, counsels and disciplines accounting personnel according to Loews standards
Follows New Hire Training and on-going Star Service Competency programs in accordance with hotel policy
Evaluates individual employee performance, determines areas in need of improvement or requirements for advancement, establishes goals, objectives and training needs required to achieve same
Participates in MOD program as required
Evaluate changes in guest needs, the hotels guest mix and industry competitive set, to recommend appropriate product/service and operational changes necessary to ensure guest and employee satisfaction, while maintaining market dominance and exceptional fi
Maintain reliability to support operational needs and perform other duties as assigned to support team and organizational goals.
Promotes and applies teamwork skills at all times
Notifies appropriate individual promptly and fully of problems and/or unusual matters of significance
Executes emergency procedures in accordance with hotel standards
Complies with required safety regulations and procedures
Attends appropriate hotel meetings and training sessions
Complies with hotel standards, policies and rules
Recycles whenever possible
Remains current with hotel information and changes
Complies with hotel uniform and grooming standards