ASST. DIRECTOR OF FINANCE

Job Description

Job Description

We are looking for an experienced Assistant Director of Finance to join our team in Los Angeles, California. This role is pivotal in ensuring accurate financial reporting, maintaining internal controls, and supporting the overall profitability of hotel operations. The ideal candidate will possess strong leadership skills and a thorough understanding of financial processes within the hospitality industry.

Responsibilities :

• Assist the Director of Finance in preparing monthly financial statements promptly and accurately.
• Oversee the daily recording of hotel revenues and ensure discrepancies are identified and addressed.
• Monitor operational cash flow and develop accurate forecasts to support property operations.
• Collaborate with department heads to ensure financial strategies align with operational goals.
• Supervise the accounting team, providing training, guidance, and performance evaluations.
• Conduct monthly bank reconciliations and maintain accurate general ledger accounts.
• Ensure compliance with established accounting policies, procedures, and internal controls.
• Manage accounts receivable, accounts payable, daily cash balances, and timely fund deposits.
• Analyze financial performance and provide actionable insights to improve revenue and control expenses.
• Prepare specialized financial reports and handle additional projects as assigned.
• Minimum of 3 years of experience in financial management within the hospitality industry.
• Proficiency in month-end close processes and general ledger management.
• Strong skills in financial statement audits and account reconciliation.
• Experience with journal entries, including adjustments and trial balance preparation.
• Knowledge of financial analysis and variance reporting methodologies.
• Ability to supervise and develop team members effectively.
• Familiarity with hotel management systems and operations.
• Excellent communication and problem-solving abilities.