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Assistant Director of Finance

1 month ago


Delray Beach, United States Seagate Hospitality Group Full time

Support the Director of Finance in all aspects of department operations. Provide direction, leadership, and support to the accounting team. Maintain, prepare, inspect, and deliver regular financial reports. Uphold standards of quality and adherence to all regulations.

**Assistant Director of Finance Responsibilities**:

- Effectively manage and communicate cash flow related issues.
- Monitor resort (hotel, golf club, beach club, and yacht club) revenues and expenses and ensure the accurate recording
- Investigate and critique variances to budget or to the prior year and offer practical improvement methodologies to management.
- Monitor the capital planning process by assisting management with the calculation of return on capital improvements, gathering support and monitoring the bid process, and ensuring proper upkeep of the property by evaluating the scope of work and specifications.
- Ensure resort's compliance on all regulatory licenses and permits, leases, contracts, legal agreements, and the proper execution of all operational taxes. Provide assistance to management in enforcing compliance with all these items.
- Analyze financial data and operations in order to assist and advise management in maintaining the resort's financial objectives.
- Ensure that all balance sheet accounts, including bank reconciliations, are reconciled on a timely basis.
- Establish and continually audit all internal financial controls including purchasing, cash handling, disbursements, inventories, hotel assets, master keys, payroll, and employee records.
- Assist the Director of Finance with all accounting related items.
- Continually focus on training and development programs for the Accounting associates to cultivate the "brightest" and "best" talent within the industry.
- Hire, train, supervise, and develop staff, including coaching, counseling, and discipline.
- Maintain compliance with USALI and other standards and regulations to ensure the safe and efficient operation of the hotel.
- Ensure the proper utilization, maintenance, and periodic upgrades of all equipment.
- Assist in preparation of all financial reports in accordance with requirements meeting various due dates and deadlines, i.e.,
- Weekly: A/R & A/P Aging, Flash Reports, Payroll Reports, Revenue Updates
- Monthly: Financial Statements, Forecasting, Key Statistics Report, Cash Flow
- Annual: Budgets, 5-Year Plans, 5-Year Capital Plans
- Conduct and/or attend and contribute to periodic meetings to maintain favorable working relationships among employees and promote maximum morale, productivity, and efficiency.
- Monitor resort's compliance in meeting required report deadlines and due dates and react accordingly.
- Monitor the accurate production of the hotel's daily operating report.

**Job Qualifications**:

- Bachelor’s degree required
- A minimum of 4 years of related progressive experience as a senior leader in a hotel's finance department.
- Experience in country clubs and with membership organizations a plus
- Must be proficient in Windows, spreadsheets and word processing, and in the operation of all hotel-specific systems.
- Must be fluent in English
- Must be able to sit for full days, somedays more than 8 hours
- Must be able to push, pull, lift 20 pounds
- Must be able to work in office a minimum of 40 hours a week
- Must be flexible to work nights and weekends if business needs require extra time for month-end or other needs


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