CFO Finance & Accounting
$170k - $200kFour Seasons Hotels and Resorts
Overview Four Seasons Hotel Silicon Valley is currently looking for a Director of Finance.
Our team members around the world create amazing experiences for our guests, residents, and partners through a commitment to luxury with genuine heart. At the location in Silicon Valley, Four Seasons Hotel Silicon Valley brings an inventive approach to creative events, seasonal pop-up experiences, lifestyle facilities and culinary craftsmanship that culminate in the ultimate urban getaway.
Four Seasons Hotel Silicon Valley is proud to provide our guests the highest standards of luxury and personalized service. The Opportunity Four Seasons Hotel Silicon Valley is currently looking for a Director of Finance.
Essential Function Of The Job Continuously deliver the highest level of product with respect to financial reporting and analysis, internal control compliance and business management. Ensure that bank accounts are opened in consultation with owners with a bank of strong financial standing and if local rating services are available, they should be utilized for verification of financial strength.
Ensure all cheques are signed only by authorized parties and that positive pay and positive payee is in place on all bank accounts (where available) and that source documents are approved by one member of Group B.
Ensure the preparation of a comprehensive monthly report of the entire financial results of the hotel in established corporate formats and in accordance with generally accepted accounting principles.
Effectively advocate Finance Department programs and policies to Planning Committee, Department Heads and employee groups.
Monitor the status of Accounts Receivable aging and billing collections to achieve company standards.
ensure proper authorization has been obtained for all hotel specific contracts (including Engineering), leases and other agreements and competitive bids are on file where applicable and reviewed prior to execution of contract.
As appropriate, based on the hotel's accounting on behalf of owners, interest accruals on long-term debt may be recorded on the hotel's books; the Director of Finance should ensure accuracy of the unpaid balance and applicable interest rate, and accrue the expense to the Interest Expense line item and record the corresponding liability in the Accrued Interest liability account.
Ensure that monthly reconciliations for all balance sheet accounts are prepared and signed off on in accordance with policy.
Review and sign off on all bank reconciliations monthly, paying special attention to reconciling items.
Prepare forecasts and budgets as required locally, by corporate office or Management Agreement.
Review the cash position of the hotel on a daily basis in order to optimize the use of funds.
Ensure gains/losses on the sale/disposal of fixed assets are properly disclosed and recorded on the Statement of Changes in financial position and on the P&L statement.
For locations that maintain full balance sheets including fixed assets, ensure accumulated depreciation accounts are accurate and properly recorded.
Support, mentor and develop finance employees for today and the future.
Maintain harmonious and professional relationship with all departments and Home Office.
Deal with all disciplinary and grievance matters in a consistent manner and ensure each issue is appropriately documented.
Assist General Manager in establishing policies, rules, internal controls and safeguards.
Actively network within the community to attract potential candidates for recruitment purposes and understanding the competitive market.
Qualifications And Skills University degree - major in accounting or finance preferred
Fully paid for medical, dental, and vision insurance for employee and plus one.
Holiday, vacation, and sick pay.
Complimentary stays at Four Seasons worldwide (subject to availability).
Minorities, women, veterans, and individuals with disabilities are encouraged to apply.
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