New Waterloo
Finance Manager
New Waterloo, Cleveland, Ohio, us, 44101
Job Details
Job LocationFidelity Hotel - Cleveland, OH
Position TypeFull Time
Salary Range$70,000.00 - $70,000.00 Salary/year
Job CategoryAccounting
Description
FIDELITY HOTEL is hiring for a FINANCE MANAGER
Fidelity Hotel is an adaptive reuse project located at 1940 E. 6th Street in the historic 103-year-old Baker Building. Fidelity Hotel will have 97 guest rooms & suites, each with tailored amenities, custom-designed furniture, and thoughtfully curated art. The property will feature a full-service restaurant, bar, event & meeting spaces, and a private dining room. Fidelity Hotel is an homage to Cleveland's long-standing ideals. Our unwavering dedication to the city's soul is expressed through the design, brand, art, amenities, and community programs - all carefully selected to be additive to and reflective of the innovation & creativity that makes Cleveland so special
JOB OVERVIEW
The Finance Manager is responsible for overseeing the daily accounting of hotel operations. This role is instrumental in ensuring the accurate processing of financial transactions, optimizing cash flow, and maintaining positive relationships with guests and vendors. The Finance Manager is a key contributor to the financial stability of the hotel and will work with cross-functional teams to streamline processes, provide guidance and improve overall financial performance.
What you'll do:Oversee the daily cashiering operations, including the handling of cash, checks, credit cards, and other forms of paymentEnsure the accuracy of all financial transactions, including guest payments, refunds, and reconciliationsManage the accounts receivable function, including the billing, invoicing, and collection processesFacilitate payments to vendors, which may include verification of federal ID numbers, reviewing invoices, and resolving discrepanciesCollaborate with the sales and reservations teams to resolve billing discrepancies and disputesPrepare and analyze financial reports providing insights and recommendations to senior managementGenerate periodic reports on cash flow, revenue, and receivables performance, identifying trends and areas for improvementPerform the Income Audit daily using the Income Audit Checklist to maintain and ensure the accuracy of the Income/Flash ReportsConduct variance analysis to identify discrepancies between actual and expected financial resultsExecute month-end-close checklist and review preliminary financial statements with the Director of FinanceEnsure compliance with internal financial policies, procedures, and controlsAssist in the development and implementation of effective internal control measures to safeguard assets and prevent fraudParticipate in internal and external audits, providing accurate and timely information as requiredEstablish and maintain positive relationships with vendors, resolving payment-related issues and ensuring timely processingCollaborate with cross-functional teams, including finance, front desk, sales, food & beverage, and reservations, to streamline processes, provide guidance and improve financial performanceFoster strong relationships with all New Waterloo stakeholders by providing feedback that positively impacts the performance of the business and sharpens the financial acumen of the teamAttend relevant meetings as directed and conduct other ad hoc projects and duties as assignedWho you are:
You have a high degree of ownership and commitment to results.You're able to manage expectations and hit deadlines.You have a strong work ethic and can work both autonomously and with a team.You have excellent communication, problem-solving, and analytical skills.You're excellent with time management and can function effectively in a dynamic environment.A must: You have a degree in Accounting or Finance from an accredited four-year college or university.A must: You have 1+ years of hotel management experienceA must: You have 3+ years of general ledger accounting experience.BENEFITS
We are proud to offer competitive wages and the following benefits for full-time employees:
Up to 3 weeks paid time off annually50% off discount at most New Waterloo restaurantsHealth, vision dental benefits401K matchingPaid holidaysVolunteer payTuition reimbursementReferral bonusesDiscounts at our shops, hotels local partnerships
New Waterloo is an equal opportunity employer and values diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
Job LocationFidelity Hotel - Cleveland, OH
Position TypeFull Time
Salary Range$70,000.00 - $70,000.00 Salary/year
Job CategoryAccounting
Description
FIDELITY HOTEL is hiring for a FINANCE MANAGER
Fidelity Hotel is an adaptive reuse project located at 1940 E. 6th Street in the historic 103-year-old Baker Building. Fidelity Hotel will have 97 guest rooms & suites, each with tailored amenities, custom-designed furniture, and thoughtfully curated art. The property will feature a full-service restaurant, bar, event & meeting spaces, and a private dining room. Fidelity Hotel is an homage to Cleveland's long-standing ideals. Our unwavering dedication to the city's soul is expressed through the design, brand, art, amenities, and community programs - all carefully selected to be additive to and reflective of the innovation & creativity that makes Cleveland so special
JOB OVERVIEW
The Finance Manager is responsible for overseeing the daily accounting of hotel operations. This role is instrumental in ensuring the accurate processing of financial transactions, optimizing cash flow, and maintaining positive relationships with guests and vendors. The Finance Manager is a key contributor to the financial stability of the hotel and will work with cross-functional teams to streamline processes, provide guidance and improve overall financial performance.
What you'll do:Oversee the daily cashiering operations, including the handling of cash, checks, credit cards, and other forms of paymentEnsure the accuracy of all financial transactions, including guest payments, refunds, and reconciliationsManage the accounts receivable function, including the billing, invoicing, and collection processesFacilitate payments to vendors, which may include verification of federal ID numbers, reviewing invoices, and resolving discrepanciesCollaborate with the sales and reservations teams to resolve billing discrepancies and disputesPrepare and analyze financial reports providing insights and recommendations to senior managementGenerate periodic reports on cash flow, revenue, and receivables performance, identifying trends and areas for improvementPerform the Income Audit daily using the Income Audit Checklist to maintain and ensure the accuracy of the Income/Flash ReportsConduct variance analysis to identify discrepancies between actual and expected financial resultsExecute month-end-close checklist and review preliminary financial statements with the Director of FinanceEnsure compliance with internal financial policies, procedures, and controlsAssist in the development and implementation of effective internal control measures to safeguard assets and prevent fraudParticipate in internal and external audits, providing accurate and timely information as requiredEstablish and maintain positive relationships with vendors, resolving payment-related issues and ensuring timely processingCollaborate with cross-functional teams, including finance, front desk, sales, food & beverage, and reservations, to streamline processes, provide guidance and improve financial performanceFoster strong relationships with all New Waterloo stakeholders by providing feedback that positively impacts the performance of the business and sharpens the financial acumen of the teamAttend relevant meetings as directed and conduct other ad hoc projects and duties as assignedWho you are:
You have a high degree of ownership and commitment to results.You're able to manage expectations and hit deadlines.You have a strong work ethic and can work both autonomously and with a team.You have excellent communication, problem-solving, and analytical skills.You're excellent with time management and can function effectively in a dynamic environment.A must: You have a degree in Accounting or Finance from an accredited four-year college or university.A must: You have 1+ years of hotel management experienceA must: You have 3+ years of general ledger accounting experience.BENEFITS
We are proud to offer competitive wages and the following benefits for full-time employees:
Up to 3 weeks paid time off annually50% off discount at most New Waterloo restaurantsHealth, vision dental benefits401K matchingPaid holidaysVolunteer payTuition reimbursementReferral bonusesDiscounts at our shops, hotels local partnerships
New Waterloo is an equal opportunity employer and values diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.