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Loews Hotels & Co

Assistant Director of Finance

Loews Hotels & Co, Atlanta, Georgia, United States, 30383


Assistant Director of Finance

Apply locations GA - Atlanta - Loews Atlanta HotelTime type Full timePosted on Posted 3 Days AgoJob requisition id R0066910Situated in the epicenter of Midtown,

Loews Atlanta Hotel

is walking distance to some of the best attractions in the city. Welcome to Atlanta's Most Vibrant Neighborhood. With spectacular views, beautiful rooms and an ideal location – this property is a modern-age Southern charmer.This position provides support to the Director of Finance in providing continuous leadership and guidance in matters relating to the financial operations of the hotel by: providing accurate and timely financial reports to assist management decision making process, maintaining acceptable internal control procedures designed to safeguard owners/investors assets, ensures compliance with all Federal, State, Local regulations. Additional responsibilities include staffing, training, scheduling of employees; planning organizing, directing and coordinating all department activities to ensure efficient operation.Essential Functions and ResponsibilitiesManages/oversees the accounting and receiving/storeroom department to ensure optimal efficiency of financial operations and adherence to Loews commitments to management contractDirects or prepares all financial information required at FSC by accounting department including audit, accounts payable, payroll etc.Prepares all financial reports including P&L and supplemental reporting to Loews, ownership, bank etc.Interprets and analyzes monthly financial statements and presents to managementReview forecasts according to the established schedule, for distribution of operational information necessary to assist management in decision-making in cost and payroll controlMonitors revenues/expenses and ensure accurate recording of information to Loews established guidelinesCompiles 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 objectivesEvaluates and determines course of action to improve hotel’s performance on FSC scorecardEstablishes and oversees/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 standardsCoordinates annual internal and external audit processesAssists Director of Finance in preparation of annual profit planAssists Director of Finance in the capitol planning processAssists division and department heads in the preparation of their respective budgetsMaintains files, pertaining to and ensuring compliance with, insurance policies, all contracts and legal agreementsEnsures proper, timely payment of fees for licenses, permits, regulatory contracts and insurance’s, all taxesAttends various departmental meeting’s in order to maintain effective working relationships with operational departments and staffApproves 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 chargesDirects cash management activities to ensure the proper use and timely availability of fundsConducts/oversees monthly audit of General Cashiers vaultInterviews, selects, trains, appraises, coaches, counsels and disciplines accounting personnel according to Loews standardsFollows New Hire Training and on-going Star Service Competency programs in accordance with hotel policyEvaluates individual employee performance, determines areas in need of improvement or requirements for advancement, establishes goals, objectives and training needs required to achieve sameParticipates in MOD program as requiredOther duties as assignedRegular attendance in conformance with standardsMay be required to work varying schedules to reflect business needsRequired to attend all training sessions and meetingsSupportive Functions and ResponsibilitiesPromotes and applies teamwork skills at all timesNotifies appropriate individual promptly and fully of problems and/or unusual matters of significanceExecutes emergency procedures in accordance with hotel standardsComplies with required safety regulations and proceduresAttends appropriate hotel meetings and training sessionsComplies with hotel standards, policies and rulesRecycles whenever possibleRemains current with hotel information and changesComplies with hotel uniform and grooming standardsOther duties as assignedQualificationsExtensive knowledge of computer based front and back of house Accounting Management SystemsProlific in Windows, Lotus/Excel and MS-Office software operating systems and applicationsAbility to assemble, analyze, understand and present integrated spread sheets and complex technical information to all levels of managementOrganization/prioritization skills necessary to meet deadlinesEffective management, leadership, organizational and communications skillsWorking knowledge of basic office equipment, i.e.; fax, copiers, printers, calculatorsAbility to work flexible schedule to include weekends and holidaysMust be willing to relocate to be considered for this positionEducation:Bachelors or higher degree in Accounting/Finance or equivalent experienceExperience:Four to six years progressive experience in managing Hospitality Accounting operationsAbout Us

Headquartered in New York City, Loews Hotels & Co is rooted in deep heritage in the hotel industry and excellence in service. As one of the only independently owned family hotel companies, we know that hospitality comes from the heart.Loews Hotels & Co owns and operates hotels and resorts across the U.S. and Canada. Located in major city centers and resort destinations, including multiple hotels in partnership with Universal Orlando Resort, Loews Hotels & Co features properties grounded in family heritage and dedicated to delivering unscripted guest moments, all with a locally handcrafted approach. We pride ourselves on the individuality and uniqueness of our offering.Joining Loews Hotels & Co means not just gaining a job, it means becoming a part of a family. A family where Team Member growth and empowerment are part of our DNA and have been for decades. We offer progressive benefits including paid parental leave, 401K matching and travel benefits, and opportunities for ongoing learning and development. But beyond that, as a member of the Loews Hotels family, you are part of a culture of diversity and inclusion, one that works hard to protect our environment with eco-friendly and sustainability programs, and one that is always a good neighbor to their communities, supporting them in ways large and small. We welcome you to join us.Loews Hotels & Co is an Equal Opportunity Employer that does not discriminate on the basis of actual or perceived race, color, creed, religion, national origin, ancestry, citizenship status, age, sex or gender (including pregnancy, childbirth and pregnancy-related conditions), gender identity or expression (including transgender status), sexual orientation, marital status, military service and veteran status, physical or mental disability, genetic information, or any other characteristic protected by applicable federal, state or local laws and ordinances.

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