Assistant Director of Finance Operations

3 weeks ago


Atlanta, Georgia, United States LH Atlanta Hotel Corp Full time

Job Summary

The Assistant Director of Finance Operations will provide support to the Director of Finance in leading the financial operations of the LH Atlanta Hotel Corp. This role will be responsible for providing accurate and timely financial reports, maintaining internal control procedures, and ensuring compliance with all Federal, State, and Local regulations.

Key Responsibilities

  • Manage and oversee the accounting and receiving/storeroom department to ensure optimal efficiency of financial operations and adherence to Loews commitments to management contract.
  • Direct or prepare all financial information required at FSC by accounting department including audit, accounts payable, payroll, etc.
  • Prepare all financial reports including P&L and supplemental reporting to Loews, ownership, bank, etc.
  • Interpret and analyze monthly financial statements and present to management.
  • Review forecasts according to the established schedule, for distribution of operational information necessary to assist management in decision-making in cost and payroll control.
  • Monitor revenues/expenses and ensure accurate recording of information to Loews established guidelines.
  • Compile 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.
  • Evaluate and determine course of action to improve hotel's performance on FSC scorecard.
  • Establish and oversee /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.
  • Coordinate annual internal and external audit processes.
  • Assist Director of Finance in preparation of annual profit plan.
  • Assist Director of Finance in the capitol planning process.
  • Assist division and department heads in the preparation of their respective budgets.
  • Maintain files, pertaining to and ensuring compliance with, insurance policies, all contracts and legal agreements.
  • Ensure proper, timely payment of fees for licenses, permits, regulatory contracts and insurance's, all taxes.
  • Attend various departmental meeting's in order to maintain effective working relationships with operational departments and staff.
  • Approve 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 write-off's, all Loews inter-hotel and corporate charges.
  • Direct cash management activities to ensure the proper use and timely availability of funds.
  • Conduct/oversee 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.
  • Evaluate 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 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.
  • Other duties as assigned.

Qualifications

  • Extensive knowledge of computer based front and back of house Accounting Management Systems.
  • Prolific in Windows, Lotus/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.
  • Must be willing to relocate to be considered for this position.

Education:

  • Bachelors or higher degree in Accounting/Finance or equivalent experience.

Experience:

  • Four to six years progressive experience in managing Hospitality Accounting operations.


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