Assistant Director of Finance
Position Summary
The Assistant Director of Finance supports the Director of Finance in overseeing all financial operations of the hotel. This role helps ensure the accuracy and integrity of financial reporting, compliance with company policies and accounting standards, internal controls, budgeting, forecasting, payroll, accounts payable, accounts receivable, cash management, and tax compliance.
Essential Duties and Responsibilities
Financial Management
- Assist in the preparation of monthly financial statements and management reports, including assigned balance sheet schedules.
- Help to ensure accurate and timely month end and year end closing.
- Assist with the annual budget and periodic forecasts.
- Help to monitor departmental expenses and labor costs against budget.
- Assist in Analyzing Financial results and recommend opportunities to improve profitability.
- Oversee Accounts Payable, Accounts Receivable, General Cashier and General Ledger functions.
- Become knowledgeable and hands on in departmental functions including Accounts Payable, Owner Relations and Cash Management.
- Help to ensure all accounting transactions are recorded accurately and timely, including the Shared Cost Allocations.
- Assist in overseeing the financial operations of the Residential and HOA aspects of The Setai Residence Tower, including budgeting, financial reporting, owner assessments, reserve funds, reconciliations, and ensuring compliance with HOA governing documents and applicable regulations.
- Maintain strong internal controls to safeguard hotel assets.
- Ensure compliance with company policies, GAAP, and applicable federal, state, and local regulations.
- Support internal and external audits.
- Ensure compliance with sales tax, payroll tax, and other regulatory requirements.
- Assist in leading, coaching, and developing the Finance team.
- Promote teamwork and accountability within the department.
- Ensure all finance team members receive proper training and support.
- Act as Director of Finance in his absence.
- Bachelor's degree in Accounting, Finance, or related field.
- CPA or CMA preferred.
- Minimum 5 years of progressive accounting experience.
- At least 2 years in a hotel finance leadership role, preferably in a luxury hotel.
- Strong knowledge of hotel accounting principles and financial controls.
- Experience with budgeting, forecasting, payroll, financial reporting, and HOA or residential accounting preferred.
- Proficiency with Microsoft Excel and hotel accounting systems such as Opera or similar platforms.
- Excellent analytical, organizational, and communication skills.
- Ability to manage multiple priorities while meeting deadlines.
- High level of integrity, professionalism, and confidentiality.
- Leadership
- Financial Analysis
- Strategic Thinking
- Attention to Detail
- Problem Solving
- Business Acumen
- Team Development
- Communication Skills
- Time Management
- Confidentiality
- Ability to sit, stand, and walk for extended periods.
- Ability to occasionally lift up to 25 pounds.
- Ability to work on a computer for extended periods.
The Assistant Director of Finance supports the Director of Finance in overseeing all financial operations of the hotel. This role helps ensure the accuracy and integrity of financial reporting, compliance with company policies and accounting standards, internal controls, budgeting, forecasting, payroll, accounts payable, accounts receivable, cash management, and tax compliance.
Essential Duties and Responsibilities
Financial Management
- Assist in the preparation of monthly financial statements and management reports, including assigned balance sheet schedules.
- Help to ensure accurate and timely month end and year end closing.
- Assist with the annual budget and periodic forecasts.
- Help to monitor departmental expenses and labor costs against budget.
- Assist in Analyzing Financial results and recommend opportunities to improve profitability.
- Oversee Accounts Payable, Accounts Receivable, General Cashier and General Ledger functions.
- Become knowledgeable and hands on in departmental functions including Accounts Payable, Owner Relations and Cash Management.
- Help to ensure all accounting transactions are recorded accurately and timely, including the Shared Cost Allocations.
- Assist in overseeing the financial operations of the Residential and HOA aspects of The Setai Residence Tower, including budgeting, financial reporting, owner assessments, reserve funds, reconciliations, and ensuring compliance with HOA governing documents and applicable regulations.
- Maintain strong internal controls to safeguard hotel assets.
- Ensure compliance with company policies, GAAP, and applicable federal, state, and local regulations.
- Support internal and external audits.
- Ensure compliance with sales tax, payroll tax, and other regulatory requirements.
- Assist in leading, coaching, and developing the Finance team.
- Promote teamwork and accountability within the department.
- Ensure all finance team members receive proper training and support.
- Act as Director of Finance in his absence.
- Bachelor's degree in Accounting, Finance, or related field.
- CPA or CMA preferred.
- Minimum 5 years of progressive accounting experience.
- At least 2 years in a hotel finance leadership role, preferably in a luxury hotel.
- Strong knowledge of hotel accounting principles and financial controls.
- Experience with budgeting, forecasting, payroll, financial reporting, and HOA or residential accounting preferred.
- Proficiency with Microsoft Excel and hotel accounting systems such as Opera or similar platforms.
- Excellent analytical, organizational, and communication skills.
- Ability to manage multiple priorities while meeting deadlines.
- High level of integrity, professionalism, and confidentiality.
- Leadership
- Financial Analysis
- Strategic Thinking
- Attention to Detail
- Problem Solving
- Business Acumen
- Team Development
- Communication Skills
- Time Management
- Confidentiality
- Ability to sit, stand, and walk for extended periods.
- Ability to occasionally lift up to 25 pounds.
- Ability to work on a computer for extended periods.
Recommended Jobs
Retail Sales Supervisor - Part Time
Job Description Job Description Description: Sales Supervisor (Part-Time) Position Summary: Join the Splendid family where our love of softness drives all we do, from the fabric of our cl…
Attorney- Insurance Coverage Senior Associate/Junior Partner
Goldberg Segalla is a national civil litigation law firm that represents major national and regional companies and insurance carriers in all aspects of business counseling, risk assessment and dispute…
ENGINEER II - TRANSMISSION PLANNING
Job Description Job Description Position Summary Description Responsible for the modeling of Seminole and the Member’s transmission system, including model maintenance, interpreting equipment …
Python Developer (Angular, React JS, SQL, Oracle, MongoDB, CI-CD, Javascript, REST API, Cloud Data Services) in Tampa, FL
Python Developer (Angular, React JS, SQL, Oracle, MongoDB, CI-CD, Javascript, REST API, Cloud Data Services) in Tampa, FL Angular, CD, CI, DevOps Engineer, Github, JavaScript, Oracle, Python, React.…
Azure/B2C Systems Administrator (Tallahassee, FL)
Scope of Work Required Experience: Five (5) years of experience in Active Directory Administration. Five (5) years of experience with Cloud Administration. Strong understanding of Azure c…
Installer/ Duct Fabricator - HVAC Experienced
Job Description Job Description We're Hiring: HVAC Installation Technician Full Time Are you an HVAC pro ready to take your career to the next level? Join our growing team where your skills …
Join a Growing Anesthesiology Team | Gulf Coast Lifestyle + Flexible Options | Multiple Tampa Bay Locations
BayCare Medical Group (BMG), a leading multispecialty group, is seeking talented and dedicated Anesthesiologists to join our growing anesthesiology teams across multiple locations throughout Tampa Ba…
Assistant Community Manager - Student Housing
Job Description Job Description About University Partners University Partners provides best-in-class student housing across the country, focusing on service, community experience, and operat…
Public Safety Off II Per Diem
SUMMARY: The Public Safety Officer II is responsible for providing advanced security services to ensure the safety of patients, staff, and visitors. This role involves mentoring junior officers, c…
OFFICE MANAGER
Job Description Job Description The Psychiatrist Front Desk Clerk is responsible for managing the administrative and operational tasks of the psychiatrist's office. This role is essential in ensu…