Assistant Director of Finance

Job Description Summary The Assistant Director of Finance sets the tone for Sonesta's Culture of Caring by leading financial operations, ensuring asset security, maximizing return on investment, and delivering accurate reporting and analysis within a decentralized accounting environment. Job Description Ensure compliance with company policies and local standard operating procedures. Assist in completing timely and accurate annual budget and periodic forecasts. Prepare accurate, timely, and complete monthly financial statements with detailed workpapers and schedules in accordance with company policies, GAAP, and the Uniform System of Accounts for the Lodging Industry (USALI). Develop and implement local accounting and financial control procedures and systems to ensure compliance with Sarbanes-Oxley (SOX) 404 key controls, safeguard assets, improve operations, and enhance profitability. Manage risk to preserve hotel property and reduce potential liability claims. Oversee receivables, payables, credit, payroll, cash handling, and treasury functions with accounting department staff. Develop, implement, and monitor hotel-specific A/R Responsibility Matrix and credit and collection practices in compliance with company policies. Distribute outlook and forecast information as a management tool for operating departments, reviewing and analyzing variance versus actual results to improve accuracy. Collaborate with department managers to explain budget and forecast variances and provide commentary on financial discrepancies. Maintain insurance coverage for protection against property losses and liabilities. Use financial and operational performance analysis, including benchmarking, to maximize revenue, GOP flow-through, and bottom-line return. Assist operations in improving work schedule accuracy and setting labor standards; monitor actual labor usage versus standards. Comply with record retention requirements, coordinate audit visits, and respond to auditor requests while ensuring compliance with government regulations, federal, state, and local laws, and contractual agreements. Perform any other job‑related duties as assigned. Set departmental goals and strategy to align with company mission; communicate financial concepts for initiatives, projects, and performance measurement. Develop a strong business relationship with owners, attending meetings, addressing owner requests, and demonstrating comprehensive understanding of management agreements, ensuring licenses, permits, contracts, and legal agreements are up to date. Interview, train, and promote Finance department staff; provide constructive feedback, recommend disciplinary action, ensure proper training, and monitor, measure, and recognize performance. Lead with passion by promoting teamwork, quality service, and collaboration across departments; inspire employees to perform at their highest standard and embrace company values and GUEST People Standards. Qualifications and Skills Bachelor’s degree in Accounting/Finance or equivalent required. 3+ years’ experience in accounting in a hotel environment. Demonstrated progressive career growth and exceptional performance. Track record of delivering exceptional guest and client experience. Expertise in analysis and action taking. Strong interpersonal skills reflecting highly on the hotel, brand, and company. Excellent verbal and written communication skills. Excellent organizational skills and attention to detail. Strong analytical and problem‑solving skills. Strong supervisory and leadership skills. Ability to prioritize and organize work assignments. Extensive knowledge of the hotel and hospitality industry. Proficiency with Microsoft Office Suite or related software. Work Environment Majority of work takes place indoors in an office environment. May exert up to 50 pounds of force occasionally, and/or 20 pounds frequently or constantly. May carry, lift, or pull items weighing up to 50 lbs. Frequent standing, bending, climbing, kneeling, and moving about the hotel. Must be flexible to work variable days of the week. Pay Range Pay Range: $95,000 – $105,000 annual base pay (may vary based on experience). Benefits Medical, Dental, and Vision Insurance Health Savings Account with Company Match 401(k) Retirement Plan with Company Match Paid Vacation and Sick Days Sonesta Hotel Discounts Educational Assistance Paid Parental Leave Company‑Paid Life Insurance Company‑Paid Short‑Term and Long‑Term Disability Insurance Various Employee Perks and Discounts Hospital Indemnity Critical Illness Insurance Accident Insurance Equal Opportunity Employer Sonesta is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status or any other characteristic protected by law. #J-18808-Ljbffr