Job Description:

Loews Hotels is hiring for an Associate Director of Finance!The Associate Director of Finance position provides support to the Complex Director of Finance in providing continuous leadership and guidance in matters relating to the financial operations of the hotel by providing accurate and timely financial reports to assist management decision making process, maintaining acceptable internal control procedures designed to safeguard ownersinvestors 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.Essential Functions and ResponsibilitiesManagesoversees the accounting and receivingstoreroom department to ensure optimal efficiency of financial operations and adherence to Loews commitments to management contractDirects or prepares all financial information required at FSC by accounting department including audit, accounts payable, payroll etc.Prepares all financial reports including P&L and supplemental reporting to Loews, ownership, bank terprets and analyzes monthly financial statements and presents to managementownerspartnersPrepares and reviews forecasts according to the established schedule, for distribution of operational information necessary to assist management in decision-making in cost and payroll controlMonitors revenuesexpenses 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 objectivesEvaluates and determines course of action to improve hotel's performance on FSC scorecardMonitors all internal financial controls to include purchasing, cash handling, receipts, disbursements, expendablefixed asset inventories, payroll, and employee records to ensure policies are enforced according to Loews standardsCoordinates annual internal and external audit processesServes as active member of Executive Committee and attends all meetings of sameAssists Area Director of Finance in preparation of annual profit planAssists Area Director of Finance in the capital planning processAssists 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 contractsinsurance and all taxesAttends various departmental meetings to maintain effective working relationships with operational departments and staffApproves as needed all purchase orders, payroll submittals, accounts payable invoices, cash transfers to owners, manual checks, balance sheet and bank reconciliation's, month end journal entries, bad debt write-offs, all Loews inter-hotel and corporate chargesDirects cash management activities to ensure the proper use and timely availability of fundsConductsoversees 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 requiredOther duties as assignedRegular attendance in conformance with standardsMay be required to work varying schedules to reflect business needsRequired to attend all training sessions and meetingsQualificationsExtensive knowledge of computer-based front and back of house Accounting Management SystemsProlific in Windows, 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 managementOrganizationprioritization 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 holidaysEducationBachelors or higher degree in AccountingFinance, or equivalent experienceExperienceFour to six years progressive experience in managing Hospitality Accounting operations