Senior Assistant Director of Finance and Accounting
About The Position
Assists in developing and implementing property-wide strategies and business plans that deliver products and services meeting or exceeding the needs of the brand’s target customers and property employees. Provides financial expertise to support the brand service strategy and initiatives while maximizing return on investment. Focuses on financial and accounting activities and the delivery of desirable financial results. The role supports strategic planning and decision-making through financial analysis, forecasts, budgets, cost-saving opportunities, and business-risk controls. It leads and develops the Finance and Accounting team, oversees audit processes, and communicates financial information to owners and other key stakeholders. It also manages working capital and cash flow, maintains accurate financial records and reporting, ensures compliance with company and property procedures, and supports human resource activities including training, performance reviews, and hiring.
Requirements
- Bachelor’s degree in Finance and Accounting or a related major, plus 1 year of experience in finance and accounting or a related professional area; alternatively, a master’s degree in Finance and Accounting or a related major with no work experience required.
Responsibilities
- Develop strategies and plans to improve profit, assess costs and benefits, and explore business opportunities.
- Analyze financial information and market trends; forecast sales and expenses and prepare annual budget plans.
- Monitor actual sales against projected sales and analyze wage variances to support budget planning.
- Assist in developing, executing, and implementing business plans aligned with the company’s and brand’s strategic direction.
- Assist in creating the property’s annual operating budget and provide analytical support during budget reviews to identify cost-saving and productivity opportunities.
- Assist in implementing controls to manage business risks and produce accurate forecasts that help operations respond to business changes.
- Lead and influence the Finance and Accounting team, communicate strategic goals and owner priorities, and assign clear accountability.
- Oversee internal, external, and regulatory audit processes and conduct annual performance appraisals for direct reports.
- Attend owner meetings, understand stakeholder priorities, and communicate financial concepts clearly and persuasively.
- Manage owner communications, property working capital, and cash flow in accordance with brand SOPs and owner requirements.
- Facilitate critique meetings with the management team.
- Ensure profits and losses are accurately documented, applicable taxes are current and properly collected or accrued, and reports are submitted on time.
- Support achievement of performance, budget, and team goals and improve profit growth in operating departments.
- Review audit issues for accuracy.
- Generate accurate and timely reports and presentations; reconcile balance-sheet accounts with supporting documentation.
- Ensure the P&L is accurate, costs are matched to revenue and recorded in the correct accounts, and management contract and reporting requirements are met.
- Ensure compliance with standard and local operating procedures.
- Cross-train team members, administer property policies consistently, and ensure new hires complete orientation and job training.
- Create development plans suited to team members’ strengths, development needs, aspirations, and abilities; conduct employee performance reviews and participate in hiring as appropriate.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
