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Director of Finance

Loews Hotels & Co

Immerse yourself in old and new Nashville at Loews Vanderbilt Hotel - your stage for exploring the vibrant city we call home. Located minutes away from some of the city's most renowned attractions, Nashville is never short on things to see and do. Welcome to our kind of Southern Hospitality.This position provides continuous leadership and guidance in all matters relating to the financial operation 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.Job SpecificManages/oversees the accounting department to ensure optimal efficiency of financial operations and adherence to Loews commitments to management contractDirects or prepare all financial reports, ledger reviews and forecasts according to the established schedule, for distribution of operational information necessary to assist management in decision-making and budget preparation processesOversees preparation of, interprets and analyzes monthly financial statements and presents to managementMonitors 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 objectivesEstablishes 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 processesEnsures the proper utilization, maintenance and periodic upgrading as required of all EDP systems and equipmentAssists management in capital planning process by providing appropriate ROI informationCoordinates the development of the annual financial planAssists 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 taxesServes as active member of Executive Committee and attends all meetings of sameAttends various departmental meeting's in order to maintain effective working relationships with operational departments and staffApproves as needed all purchase orders, payroll submittals, 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 billingsDirects cash management activities to ensure the proper use and timely availability of fundsProvides guidance on technical issues affecting departments reporting to the Credit ManagerConducts/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 requiredEvaluate changes in guest needs, the hotels guest mix and industry competitive set, to recommend appropriate product/service and operational changes necessary to ensure guest and employee satisfaction, while maintaining market dominance and exceptional fiOther duties as assignedGeneralPromotes 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 standardsQualificationsExtensive 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 holidaysEducation:Bachelors or higher degree in Accounting/FinanceExperience:Four to six years progressive experience in managing Hospitality Accounting operationsLoews 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. #J-18808-Ljbffr Loews Hotels & Co

Vacancy posted 13 hours ago
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