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Lodging Dynamics

Director of Finance

Lodging Dynamics, Seattle, Washington, us, 98127

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Overview We are seeking an experienced accounting professional, who is a creative financial innovator and is someone who is willing to roll up their sleeves. This role will report directly to the GM and spend strategic time with the Corporate Controller, VP of Accounting and COO. This position will act as the lead accounting professional for their assigned property within the LDHG portfolio. Responsible for all forecasts, budgets, financial reports, and analysis that will assist in achieving bottom-line objectives. This role supervises when applicable Assistant Controller and/or assigned property accounting staff associates. Must be hands-on, have excellent organizational skills, and enjoy working in a fast-paced, team-oriented environment. We are a relationship-oriented business with key emphasis on building strong relationships and partnering skills are vital to this role.

In order to make an application, simply read through the following job description and make sure to attach relevant documents. What you will be doing

Directs and manages the provision of accurate, timely and objective financial data so that informed management decisions can be made. Safeguards owner assets by creating and maintaining sound internal control systems. Helps establish or recommends to management major economic objectives and policies to improve overall standard practice of assigned hotel. Acts as the main source of contact (business partner) to the General Manager and Corporate Accounting to obtain their financial goals. Direct preparation of monthly and annual reports summarizing hotel revenues, expenses, and provides in-depth analysis on past, present and expected operations. Responsible for effectively managing and communicating cash flow related issues, including the accurate and timely preparation of cash flow statements, management of receivables, payables, cash balances, timely deposits and other control mechanisms. Ensure portfolio compliance on all regulatory licenses and permits, leases, contracts, legal agreements, and the proper execution of all applicable taxes. Collaborate with Operations Team to build long-term value of the asset through financial controls and monitoring of financial performance, including revenue creation, expense management, and labor reviews. Investigate and critique variances to budget or prior year and offer practical improvement ideas. Monitor hotel compliance by meeting all required financial reporting deadlines including monthly forecasts, financial statements, and budgets; implement remediation strategies where needed. Monitor revenues and expenses and ensure accurate recording in accordance with company guidelines; investigate variances and offer practical improvement methodologies to management. Analyze financial data and operations to advise operations in maintaining and meeting hotel financial objectives, including balance sheet reviews and liabilities. Monitor capital planning process by assisting management with return on capital improvements, gathering support, monitoring bid process, and evaluating scope of work/project specifications. Partner with hotel operation teams to implement and audit internal financial controls and implement corrective measures to remedy any control gaps. Ensure compliance on regulatory licenses, permits, leases, contracts, and operational taxes; assist management in enforcing compliance. Hire, train, supervise and develop staff, including coaching, counseling and discipline. Requirements

Education and/or experience equivalent to a bachelor's degree in Accounting or Finance and 5-10 years of hospitality accounting; or a 2-year college degree with at least 8 years of hospitality-related progressive experience. Prior experience as Hotel Controller or Assistant Controller at a high-volume "Full Service" property. Technical and analytical capabilities with a deep understanding of GAAP and USALI. Experience in conducting from start to finish month-end close processes, including journal entries, reconciling balance sheet accounts (including intercompany reconciliation), maintaining the fixed assets module, financial analysis and reporting. Proficient knowledge in Payroll, AR, AP, Job Cost, Inventory, Cash Flow Management, Forecasting, Budgeting and a solid understanding of Hotel Operations. Demonstrates and inspires innovation beyond the current status quo in the industry. Experience with hotel accounting and property management systems; experience with M3 Accounting Core and ProfitSword strongly preferred. Knowledgeable of Hilton PMS systems (OnQ) and related POS solutions (Micros, Symphony, Aloha); Payroll processing knowledge (e.g., Paylocity) and familiarity with Google Workspace (Gmail, Sheets, Docs, Excel). Physical Requirements

Physical capabilities for lifting and carrying up to 20 lbs. Sit or stand for long periods Grasping, fine manipulation, and repetitive hand & arm movements consistent with office work. Ability to travel if needed and/or requested The perks working for us

People-first culture Travel discounts at hotel partners and franchises Paid time off: Up to 88 hrs per year for the 1st year through completion of the 4th year, up to 128 hrs per year for the 5th year through completion of the 9th year, and up to 168 hrs per year for the 10th year and thereafter Paid sick leave: accrues at 1 hour per 30 hours worked; unused hours up to 72 hrs carry over 401(k) matching 7 paid holidays per calendar year Participation in Wellness program Compensation Range: $115,000-$120,000 per year How to apply Join us! Submit your application online! Lodging Dynamics Hospitality Group LLC provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training. Lodging Dynamics Hospitality Group LLC participates in E-Verify, the federal program for electronic verification of employment eligibility. About Lodging Dynamics Lodging Dynamics Hospitality Group is a national hospitality management company serving the hospitality industry for over 30 years. It operates hotels across many states and brands, including Marriott and Hilton. Our mission is "Make Money and Do Good" by elevating human dignity through exceptional service to employees, guests, and investors.

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