Assistant Director of Finance

Overview We’re Sonesta International Hotels. The 8th largest hotel company in the U.S.—and growing fast. An epic blend of full-service and focused hotels in major cities, Sonesta’s uniquely diverse portfolio of owned, managed, and franchised properties makes us everywhere you want to be. Driven by the human side of hospitality, we deliver service with passion, loyalty with purpose, and experiences that truly connect. Together We Thrive—bringing quality, value, and amazing hospitality to every guest, every stay, across 1000+ properties in eight countries and counting. Job Description Summary The Assistant Director of Finance sets the tone for Sonesta’s Culture of Caring. We expect leaders to focus on creating amazing moments for guests and team members and dig deep to find ways to create success for their team. The Assistant Director of Finance is responsible for creating and executing business plans that are aligned with the property and brand’s business strategies. The responsibilities of the Assistant Director of Finance include planning, organizing, directing and controlling the financial operations while ensuring the security of hotel assets, maximizing the return on investment, providing timely and accurate reporting and analysis of results and integrity of the management information systems in a decentralized accounting environment. Sonesta managers are charged with providing strategic vision, ensuring tactical execution, actively managing their department to achieve the company’s revenue, profitability goals and objectives. The ideal candidate has a passion for building and motivating teams that achieve results. Sonesta managers are guest-focused (both internal and external) achievement-oriented leaders. Responsibilities Operational/Functional Assist the Director of Finance with preparation of the budget, strategic plan, and goals. Perform or assist in the performance of month-end closing. Input and reconcile all income for closing. Prepare reports, verify trial balance, and run financial statements for management review. Manage daily accounting activities for completion, including day-to-day operations and assignments of accounting staff. Plan and organize work, communicate goals, and schedule/assign work to ensure all accounting standards are maintained. Alert management of potentially serious issues. Input general ledger entries and journal vouchers, as required. Ensure all daily transactions are posted and updated in a timely manner and in accordance with generally accepted accounting principles. Maintain control over bookkeeping functions for the hotel to include preparation and review of information posted to subsidiary ledgers as needed. Prepare tax reconciliations, payments, reports and investigate, as needed. Maintain necessary records and back up documents required to balance taxes. Complete monthly, quarterly and annual tax filing as required by the state, city and federal agency. Perform or assist in performing balance sheet reconciliations and bank reconciliations. Participate in the taking of inventories and verification of extensions on a monthly basis. Conduct monthly credit meetings and other monthly meetings and distribute minutes, as needed. Review and verify accounts payable input and output, accounts receivable posting and billing, and maintain the daily income report, ensuring all necessary schedules are completed in a timely manner. Manage other AP and AR-related duties such as controlling accommodation advance deposits; preparing monthly invoices, monitoring house banks/investments; analyzing/investigating cashiers’ overs and shorts, etc. Prepare daily, weekly and monthly reports in accordance with reporting calendars, ensuring that all reports are submitted on a timely basis. Perform financial and statistical analysis, forecasting, and complete special projects as needed. Strategy and Planning Promote teamwork and quality service through daily communication and coordination with other departments. Key departmental contacts include Catering, Sales, Reservations and Front Office. Audit payroll. Supervise the Accounting department in the absence of the Director of Finance. Interact with outside contacts: Guests – to resolve billing disputes and answer questions; to provide service to accounts; Regulatory agencies – to ensure compliance with governmental regulations and contractual agreements as needed; to coordinate external audits. May ensure other accounting staff members are properly trained and have the tools and equipment needed to effectively carry out their job functions. May perform additional accounting functions such as reconciling gratuities for payroll, maintaining contract logs, auditing or approving payments to vendors or agencies, reviewing the work of Income Auditors and filling in for Director of Finance, as needed in their absence. May assist with other duties as assigned. Leading with Passion Responsible for ensuring success through the eyes of employees, guests, and owners. Utilize and collaborate with resources across different departments. Capable of influencing employees to perform to their highest standard and establishing a trusting environment to enrich the culture. Focus on the mission and well-being of the department, hotel and company. Lead by example and operate with integrity and respect. Inspire our team to embrace and demonstrate our values and GUEST People Standards Qualifications BA/BS in Accounting and/or Business Two to five years prior supervisory experience in the financial reporting/general ledger area. Previous experience with HOAs and commercial real estate, a plus Must be PC proficient and able to thrive in a fast-paced setting. Must have strong experience with Microsoft Excel. Strong verbal and written communication skills. Strong interpersonal, supervisory and customer service skills required. Ability to multi-task, work under pressure and meet deadlines required. 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 EOE statements and other legally required notices available where applicable. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status. #J-18808-Ljbffr