Assistant Director of Finance
Location
Los Angeles, CA | United States
Job description
At Fairmont, our passion is to connect our guests to the very best of our destinations. From the beaches of Hawaii to the deserts of the United Arab Emirates to the heart of London, our hotels offer guests extraordinary places, created by combining unique architecture, expressive decor and artistry, and magnificent features. Add engaging service, and the result is an unforgettable guest experience.
Job Description
Assistant Director of Finance
You are a highly motivated team leader with strong accounting, communication, business presentation and analytical skills; a strong systems background is also required. Under the business supervision of the Regional Director of Finance & Business Support and within the limits of FRHI policies and procedures and local requirements, the position is responsible for the supervision of the hotel Finance and Accounting Department. T Business Support as needed.
What you will be doing:
- Embrace and established culture of business support by partnering with the Hotel Leaders for achieving optimal operating performance for Accor and ownership returns by proactively managing all measured Key Performance Indicators
- Fulfill the company fiduciary responsibility to Accor and/or Owners for ensuring the hotel is reporting in compliance with policies, Uniform Chart of Accounts and hotel management or other contractual arrangements with respect to accounting matters
- Comply with all laws and fiscal regulations of the hotel, which impacts financial including proper business permits and licenses
- Monitor and manage the safekeeping of all hotel leases and contracts and any other legal records and documents. Such documents are to be listed and kept current on the Critical Date List and ownership contract list
- Administer, guide, develop and control all accounting finance related activities of the hotel which includes payroll, credit, cash management, food and beverage cost control, receiving, purchasing, food stores, yield management, capital planning, budgeting and systems management
- Monitor and supervise the accounting department’s daily routine to ensure a smooth workflow and effective work practice
- Plan staffing needs (Succession Planning), lead and develop accounting colleagues and encourage ongoing training and development to enhance synergies and output
- Drive employee engagement level (i.e. Employee Engagement Survey), by regularly communicating with the finance team to maintain positive relationships across the hotel
- Prepares month end book of account and supporting data as a basis for preparation of the financial operating statements and reports required for Management, Corporate Office in accordance with Corporate Policy and Procedures
- Prepare the hotel cash flow and monthly owners distributions and ensure cash balance is adequate to meet the needs of the operation
- Complete balance sheet accounts reconciliation and preparation of monthly internal benchmarking and operational performance analysis reports, working in collaboration with the company centralized accounting service delivery team
- Assist in the design, implementation, and use of methods and procedures that improve the accuracy of working schedules, labor standards/planning to assist operational labor. Monitor accuracy on an ongoing basis and provides performance recommendation
- Assist in the annual Operating and Capital budgets, strategic plans, annual audits, financial reports, analysis of budgets, short term forecasts, planning support and financial interpretation for the benefit of the Operations team
- Provide accurate and complete financial and management reports on a timely basis to management, ownership and corporate office
- Ensure that all accounting personnel understand and follow applicable policies and procedures outlined in the Company’s finance policies and procedures manual
- Ensure control systems are monitored and audited on a regular basis, as documented by Corporate Audit Services, to measure compliance with internal controls
- Responsible for the implementation of any recommended action plans on internal and external audit and operational reports with operations leaders
- Develop key relationships with respective Department Heads and Senior Managers to provide financial support and understanding of short and long term financial ramification
- Assist in developing the hotel leadership team in business to benefit their understanding of the impact on the business as a whole and embrace sound processes to drive the performance of their areas of responsibility
- Promote, drive and maximize GOP Theoretical Flow Through concept across the hotel. Analyze and review trends related to operating techniques, ensuring optimum utilization of resources and performance improvement
- Work with all stakeholders involved in the effective running of the Accounting and Finance operations by establishing strong business relations (Centralized Accounting Service Delivery, Operations leaders, Vendors, Business partners, Corporate officers and Owners representative)
- Consistently offers professional, engaging and friendly service
- All other duties as assigned
What is in it for you:
- Discounted hotel rooms and food & beverage rates to employees at our sister properties around the globe.
- We provide learning programs through our Academies to promote growth and development so that you can perform at your full potential
- Opportunity to develop your talent and grow within your property and across the world!
- Ability to make a difference through our Corporate Social Responsibility activities, like Planet 21 and WATCH
- Salary $100,000 - $140,000
Qualifications
Your experience and skills include:
- Degree in Business, Finance or Accounting, or a relevant field of work, or an equivalent combination of education and work related experience. Master in Finance or Accounting, MBA or CPA preferred
- 3+ years management/progressive work related experience in multiple areas of accounting and/or management and reporting, financial and/or business analysis, accounting, or a related area, with 1 to 2 years managing teams and/or significant complex projects. Previous hotel experience at a managerial level an asset
- Demonstrated experience in leading & developing teams. Strong communication skills, both verbal and written to address all levels within the organization and ability to gain consensus and influence others
- Superior skills in computer technology and applications. Excellent proficiency in Microsoft Office required (Excel in particular). Experience with accounting systems or similar financial software for the purpose of financial reporting, analysis and presentation (i.e. Birchstreet procurement software, Sun GFS back of the house, Watson labor management tool and Hyperion reporting). Familiarity with hotel operating systems and software, such as POS software (i.e. Silverware) and Opera PMS an asset.
- Proven impact on the financial planning, cost management, budgeting and operations performance of a company, with demonstrated business operations decision making balancing data analysis and outcome
- Willing to work a flexible schedule in order to accomplish all major responsibilities and tasks to meet deadlines with quality results
- Previous Hospitality Operations exposure preferred
Additional Information
Your team and working environment:
What was true in 1966 remains true to this day: The Century Plaza Hotel is part of a visionary development intent on doing what others could only imagine. Previously deemed the “Western White House,” (as the only venue outside the White House to host state dinners), Century Plaza’s place in history remains unshakeable. A modernized take on luxury and elevated guest experience from product to people enlivens the real wow factor.
This experience begins with a new kind of workplace, one where the energy is contagious, the stories are invigorating, and the challenges present inspiring opportunities to make your mark. We provide an environment of trust, respect, and integrity. A home away from home. Where diversity and inclusion are celebrated. Privacy and personal information are protected. Through Accor’s Employee Value Proposition, we ensure fair treatment and a workplace free from discrimination & harassment.
Visa Requirements: Must provide proof of eligibility to be employed in the United States of America.
Our commitment to Diversity & Inclusion: We are an inclusive company and our ambition is to attract, recruit and promote diverse talent. We commit to a future where diverse identities are celebrated, and equitable and inclusive practices are woven into the fabric of everything we do as an organization.
Fairmont Century Plaza is an Equal Opportunity Employer EEO M/F/V/D
Why work for Accor?We are far more than a worldwide leader. We welcome you as you are and you can find a job and brand that matches your personality. We support you to grow and learn every day, making sure that work brings purpose to your life, so that during your journey with us, you can continue to explore Accor’s limitless possibilities.
By joining Accor, every chapter of your story is yours to write and together we can imagine tomorrow's hospitality. Discover the life that awaits you at Accor, visit
Do what you love, care for the world, dare to challenge the status quo! #BELIMITLESS
#LI-KT1
Job tags
Salary
