Director of Finance

Kimpton Hotels & RestaurantsLos Angeles, CA
6d

About The Position

Provide the support, financial knowledge, and expertise as a key business manager of the company to assist all levels of management in providing hospitality service of the highest quality to guests worldwide. Assist the General Managers (GMs) in achieving established business goals. Direct the accounting and control functions at the property, while ensuring timely reporting of operating results and maintain the integrity of the management information system.

Requirements

  • Bachelor's Degree in Accounting or Business Studies is required, Master's degree and/or CPA is a plus.
  • 2 to 3 years of Director level experience in hospitality finance is preferred.
  • Well organized, detail-oriented with excellent communication skills.
  • Experience with PeopleSoft or similar accounting package, Outlook soft/BPC is preferred.
  • Proficient in Microsoft Office Suite, current on technology expertise and know-how.
  • Excellent financial modeling, project management, and critical thinking skills with a strong work ethic.

Nice To Haves

  • Master's degree and/or CPA is a plus.
  • Experience with PeopleSoft or similar accounting package, Outlook soft/BPC is preferred.

Responsibilities

  • Supervise all accounting functions for your property.
  • Prepare the financial documents within the time frames supplied in the closing schedule and according to the Company Policies and Procedures, Generally Accepted Accounting Principles, and the Uniform System of Accounts.
  • Analyze and interpret financial results in order to assist and advise the GMs and Home Office team.
  • On a monthly basis, maintain balance sheet analysis with full supporting detail and prepare accurate forecasts and cash flow statements upon request.
  • Prepare timely and accurate sales, use, and occupancy tax returns as well as any other external reports or returns as deemed necessary.
  • Ensure successful treasury cash management, compliance with the management agreement and attendant legal documents.
  • Ensure integrity and efficiency of computerized data processing functions.
  • Ensure all financial reports, budgets, forecasts, and other information required by the company are accurately compiled and submitted within the specified time limits, identifying variances, and making recommendations for improvements as appropriate.
  • Review forecasts and budgets prepared by management teams to make sure owners, GMs, and Home Office are provided with guidelines of performance that are both reasonable and achievable.
  • Ensure all legal, treasury, and tax documentation is properly maintained and secured, and that all statutory and fiscal reporting requirements are satisfied, which includes any governmental requirements for permits and licenses.
  • Ensure adequate controls are installed and maintained for the protection of the property's assets against loss or misappropriation.
  • Coach department heads regarding their financial responsibilities and effective financial management techniques.
  • Continuously monitor economic, social, and governmental trends and policies to ensure that management is kept fully apprised of any implications that may affect the performance of the hotel or restaurant in meeting its financial objectives.
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