Director of Finance - westdrift Manhattan Beach

Job Description

Job Description

JOB SUMMARY

Supervises accounting staff, completes month-end closing, maintains balance sheet reconciliations, maintains & supports computer systems, trains all associates in accounting department, maintains internal audit controls, reviews daily revenue report, tracks daily cash.

ESSENTIAL JOB FUNCTIONS

This description is a summary of primary responsibilities and qualifications. The job description is not intended to include all duties or qualifications that may be required now or in the future. The Hotel operates 24 hours a day and 7 days a week, so operational demands require variations in shift days, starting times, and hours worked in a week.

Business Results

• Applies broad business knowledge and balances both a short- and long-term perspective to generate strategies while leading the organization to achieve them.
• Guides financial decisions by establishing, monitoring, and enforcing policies and procedures.
• Protects assets by establishing, monitoring, and enforcing internal controls.
• Communicates effectively both verbally and in writing to provide clear direction to staff. Assigns and instructs all direct reports in details of work. Observes performance and encourages improvement. Monitors hotel traffic and makes staffing adjustments accordingly. Supervises and reviews costs and inventory.
• Coordinate and administer an adequate plan for the control of operations. This plan would provide profit planning, sales forecasts, expense budgets, capital requirement / needs, cost standards and the necessary procedures for affecting the plan.
• Administer all tax filing and government reporting procedures to ensure accurate, timely information is provided in compliance with laws and regulations.
• Monitor compliance with hotel and accounting policies and procedures, legal requirements and contractual obligations (including obligations under a management agreement) utilizing internal controls, auditing and security procedures to ensure deviations are brought to the attention of the General Manager and appropriate regional management and to protect the hotel's assets.
• Achieves budget objectives by scheduling expenditures; analyzing variances, initiating corrective actions.
• Conducts disciplinary action as required for those directly supervising.
• Conduct 90 day and annual performance evaluations for the accounting staff.
• Review A / R credit applications.
• Review & approve all A / R adjustments.
• Prepare and enter monthly journal entries as well as review preliminary P&L statement. Review corrected preliminary P&L statement Distribute preliminary P&L to Executive Committee Members.
• Prepares annual budget input and reports.

Guest Satisfaction

Leadership

…applies broad business knowledge and balances both a short- and long-term perspective to generate strategies while leading the organization to achieve them.

Building Relationships

…eliminates insular thinking by fostering a positive climate for work relationships and teams committed to achieving organizational goals and initiatives. In addition to performance of the essential functions, this position may be required to perform a combination of the following supportive functions, with the percentage of time performing each function to be solely determined by the supervisor based upon the particular requirements of the hotel.

Generating Talent

….Proactively identifies and develops talent within the organization

Organizational Learner

…actively pursues learning and self-development to enhance personal, professional and business growth; shares learning; demonstrates depth of knowledge in technical or specialized area

KNOWLEDGE, SKILLS & ABILITIES

Experience

Knowledge and Skills

PHYSICAL DEMANDS