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Assistant Director of Finance

3 months ago


Orlando, Florida, United States Loews Hotels & Co. Full time
At Loews Hotels at Universal Orlando, our team members get to make a difference and have fun every day. Our world-class team brings to life the incredible, award-winning hotels located at Universal Orlando Resort.


Named one of Central Florida's Top Workplaces and one of America's Best-in-State Employers by Forbes, we are committed to our "power of we" culture.


Are you looking for a place where you can bring your authentic self to work every day and be able to connect, engage and delight?- We offer excellent benefits and perks including one free meal per shift and free theme park access.- We have a dynamic culture that makes every day interesting, challenging, fulfilling and fun.- We embrace diversity at our core and offer the opportunity for all team members to reach their potential.- We invest in training and development opportunities for all team members.- We promote social responsibility by being a good neighbor in the community.- We care for you, just as we care for others.


This position provides support to the Director of Finance in providing continuous leadership and guidance in matters relating to the financial operations 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.

Essential Functions and Responsibilities

  • Manages/oversees the accounting and receiving/storeroom department to ensure optimal efficiency of financial operations and adherence to Loews commitments to management contract
  • Directs or prepares all financial information required at FSC by accounting department including audit, accounts payable, payroll etc.
  • Prepares all financial reports including P&L and supplemental reporting to Loews, ownership, bank etc.
  • Interprets and analyzes monthly financial statements and presents to management
  • Review forecasts according to the established schedule, for distribution of operational information necessary to assist management in decisionmaking in cost and payroll control
  • 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
  • Evaluates and determines course of action to improve hotel's performance on FSC scorecard
  • 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
  • Assists Director of Finance in preparation of annual profit plan
  • Assists Director of Finance in the capitol planning process
  • 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
  • Attends various departmental meeting's in order to maintain effective working relationships with operational departments and staff
  • Approves as needed all purchase orders, payroll submittals, accounts payable invoices, cash transfers to owners, manual checks, balance sheet and bank reconciliation's, month end journal entries, bad debt writeoff's, all Loews interhotel and corporate charges
  • Directs cash management activities to ensure the proper use and timely availability of funds
  • 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 ongoing 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
  • Other duties as assigned
  • Regular attendance in conformance with standards
  • May be required to work varying schedules to reflect business needs
  • Required to attend all training sessions and meetings
Supportive Functions and Responsibilities

  • 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