Fairmont Hotels & Resorts
Overview
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Assistant Director of Finance
role at
Fairmont Hotels & Resorts .
Company Description Fairmont Dallas, located in the Arts District of downtown Dallas, offers 545 elegant guestrooms and suites, with over 73,000 square feet of flexible meeting space. For over 50 years, Fairmont Dallas has been the setting for countless civic, social, cultural, convention and corporate events, setting the stage for countless memories.
Job Description Fairmont Dallas is looking for a dynamic individual to lead the Finance team and to provide an innovative approach to service and practices.
Responsibilities
Oversee the day-to-day operations of the Finance department including payroll, accounts receivable, accounts payable, general cashier, and purchasing/receiving
Lead and manage the Finance and Purchasing departments and ensure SOP compliance and service standards are followed
Train, coach, counsel, motivate, encourage, and discipline departmental employees, providing constructive feedback to enhance performance
Lead and actively participate in the recruiting process
Roll out annual SOP training and verify compliance in advance of the annual SAQ
Prepare and compile annual internal audit pre-work & supporting documents
Manage the Centralized Accounting Service Delivery outsourcing process and ensure timely A/P payments, revenue accounts are accurately stated and settlements are in balance and timely
With the Regional Director of Finance, develop and manage key relationships to provide financial support and understanding of short and long-term financial plans, including the monthly forecast, annual budget & departmental expense initiatives
Recommend strategies to continually improve effectiveness of the business or financial management
Lead the preparation of the financial statements within the corporate closing schedule and according to the Accor SOP
Guide managers to understand the process within the SOP & CASD context to effectively perform their tasks in a timely and accurate manner, and to ensure the integrity of the Financial Statements
Contribute to the analysis and interpretation of the financial results, including cost of sales, labor productivity, average check, ADR, and other operating metrics
Assist in developing the business acumen of the leadership team, at all levels, to ensure they understand their impact on the business as a whole, as they participate in the procurement, forecasting, P&L, expense management & labor processes to drive performance
Maintain and prepare balance sheet analyses on a monthly basis with full supporting detail
Manage and maximize working capital, cash flow and projections on a monthly basis
Preparation of monthly Accor and owner reporting
Maintain successful treasury cash management as set forth in the SOP manual
Ensure compliance with management agreements, contracts, and legal documents. Understanding how those documents translate into financial responsibilities and how they may affect both the hotel’s and Corporate's financial position
Other duties as required
Qualifications
Bachelor’s or Master’s Degree in Business, Finance, or relevant field of work, or an equivalent combination of education and work-related experience
Hospitality Industry experience preferred
Previous leadership experience in a similar role required
5+ years progressive work-related experience in multiple areas of accounting and/or capital projects management and reporting, financial and/or business analysis, accounting, or a related area, with 3 years managing teams and/or significantly complex projects.
Strong knowledge of finance, budgeting, compliance, accounting processes and regulations, along with demonstrated knowledge of management standards and techniques and GAAP regulations and procedures
Experience with accounting systems or similar financial software for the purpose of financial reporting, analysis and presentation.
Fluent in English, with excellent communication skills (both verbal and written)
Strong interpersonal communication skills and problem solving abilities
Proficiency in Microsoft Office Applications including Advanced Excel necessary
Highly responsible & reliable
Ability to work cohesively as part of a team
Must be able to clearly convey information and ideas including complex or technical issues, to address all levels within the organization
Must be able to evaluate and select among alternative courses of action quickly and accurately
Must work well in stressful, high pressure situations
Must be effective in handling problems in the workplace, including anticipating, identifying, and solving problems as necessary
Must have the ability to assimilate complex information, data, etc. from disparate sources and consider, adjust, or modify to meet the constraints of the particular need.
What’s In It For You
Paid time off
Medical, Dental and Vision Insurance, 401K
Complimentary Shift Meal
Employee benefit card offering discounted rates in Accor worldwide
Learning programs through our Academy designed to sharpen your skills
Ability to make a difference through our Corporate Social Responsibility activities, such as Planet 21
Career development opportunities with national and international promotion opportunities
Seniority level
Director
Employment type
Full-time
Job function
Finance and Sales
Industries
Hospitality
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Assistant Director of Finance
role at
Fairmont Hotels & Resorts .
Company Description Fairmont Dallas, located in the Arts District of downtown Dallas, offers 545 elegant guestrooms and suites, with over 73,000 square feet of flexible meeting space. For over 50 years, Fairmont Dallas has been the setting for countless civic, social, cultural, convention and corporate events, setting the stage for countless memories.
Job Description Fairmont Dallas is looking for a dynamic individual to lead the Finance team and to provide an innovative approach to service and practices.
Responsibilities
Oversee the day-to-day operations of the Finance department including payroll, accounts receivable, accounts payable, general cashier, and purchasing/receiving
Lead and manage the Finance and Purchasing departments and ensure SOP compliance and service standards are followed
Train, coach, counsel, motivate, encourage, and discipline departmental employees, providing constructive feedback to enhance performance
Lead and actively participate in the recruiting process
Roll out annual SOP training and verify compliance in advance of the annual SAQ
Prepare and compile annual internal audit pre-work & supporting documents
Manage the Centralized Accounting Service Delivery outsourcing process and ensure timely A/P payments, revenue accounts are accurately stated and settlements are in balance and timely
With the Regional Director of Finance, develop and manage key relationships to provide financial support and understanding of short and long-term financial plans, including the monthly forecast, annual budget & departmental expense initiatives
Recommend strategies to continually improve effectiveness of the business or financial management
Lead the preparation of the financial statements within the corporate closing schedule and according to the Accor SOP
Guide managers to understand the process within the SOP & CASD context to effectively perform their tasks in a timely and accurate manner, and to ensure the integrity of the Financial Statements
Contribute to the analysis and interpretation of the financial results, including cost of sales, labor productivity, average check, ADR, and other operating metrics
Assist in developing the business acumen of the leadership team, at all levels, to ensure they understand their impact on the business as a whole, as they participate in the procurement, forecasting, P&L, expense management & labor processes to drive performance
Maintain and prepare balance sheet analyses on a monthly basis with full supporting detail
Manage and maximize working capital, cash flow and projections on a monthly basis
Preparation of monthly Accor and owner reporting
Maintain successful treasury cash management as set forth in the SOP manual
Ensure compliance with management agreements, contracts, and legal documents. Understanding how those documents translate into financial responsibilities and how they may affect both the hotel’s and Corporate's financial position
Other duties as required
Qualifications
Bachelor’s or Master’s Degree in Business, Finance, or relevant field of work, or an equivalent combination of education and work-related experience
Hospitality Industry experience preferred
Previous leadership experience in a similar role required
5+ years progressive work-related experience in multiple areas of accounting and/or capital projects management and reporting, financial and/or business analysis, accounting, or a related area, with 3 years managing teams and/or significantly complex projects.
Strong knowledge of finance, budgeting, compliance, accounting processes and regulations, along with demonstrated knowledge of management standards and techniques and GAAP regulations and procedures
Experience with accounting systems or similar financial software for the purpose of financial reporting, analysis and presentation.
Fluent in English, with excellent communication skills (both verbal and written)
Strong interpersonal communication skills and problem solving abilities
Proficiency in Microsoft Office Applications including Advanced Excel necessary
Highly responsible & reliable
Ability to work cohesively as part of a team
Must be able to clearly convey information and ideas including complex or technical issues, to address all levels within the organization
Must be able to evaluate and select among alternative courses of action quickly and accurately
Must work well in stressful, high pressure situations
Must be effective in handling problems in the workplace, including anticipating, identifying, and solving problems as necessary
Must have the ability to assimilate complex information, data, etc. from disparate sources and consider, adjust, or modify to meet the constraints of the particular need.
What’s In It For You
Paid time off
Medical, Dental and Vision Insurance, 401K
Complimentary Shift Meal
Employee benefit card offering discounted rates in Accor worldwide
Learning programs through our Academy designed to sharpen your skills
Ability to make a difference through our Corporate Social Responsibility activities, such as Planet 21
Career development opportunities with national and international promotion opportunities
Seniority level
Director
Employment type
Full-time
Job function
Finance and Sales
Industries
Hospitality
#J-18808-Ljbffr