Loews Hotels & Co
Director of Finance
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Immerse yourself in old and new Nashville at Loews Vanderbilt Hotel – your stage for exploring the vibrant city we call home. Located minutes away from some of the city’s most renowned attractions, Nashville is never short on things to see and do. Welcome to our kind of Southern Hospitality.
Key Responsibilities This position provides continuous leadership and guidance in all matters relating to the financial operation of the hotel, including accurate and timely financial reports, internal controls, and compliance with all Federal, State, Local regulations. Additional responsibilities include staffing, training, scheduling, planning, coordinating department activities, and ensuring efficient operations.
Job Specific Responsibilities
Manages/oversees the accounting department to ensure optimal efficiency of financial operations and adherence to Loews commitments to management contract
Directs or prepares all financial reports, ledger reviews and forecasts according to the established schedule, for distribution of operational information necessary to assist management in decision-making and budget preparation processes
Oversees preparation of, interprets and analyzes monthly financial statements and presents to management
Monitors revenues/expenses and ensures accurate recording of information to Loews established guidelines
Compiles financial data related to operations, investigates and critiques variances from expectations to determine cause and recommend appropriate management response to insure attainment of hotels financial objectives
Establishes and oversees /audit all internal financial controls to include purchasing, cash handling, receipts, disbursements, expendable/fixed asset inventories, payroll and employee records to insure policies are enforced according to Loews standards
Coordinates annual internal and external audit processes
Ensures the proper utilization, maintenance and periodic upgrading as required of all EDP systems and equipment
Assists management in capital planning process by providing appropriate ROI information
Coordinates the development of the annual financial plan
Assists division and department heads in the preparation of their respective budgets
Maintains files, pertaining to and ensuring compliance with, insurance policies, all contracts and legal agreements
Ensures proper, timely payment of fees for licenses, permits, regulatory contracts and insurance’s, all taxes
Serves as active member of Executive Committee and attends all meetings of same
Attends various departmental meeting’s in order to maintain effective working relationships with operational departments and staff
Approves as needed all purchase orders, payroll submittals, cash transfers to owners, manual checks, balance sheet and bank reconciliation's, month end journal entries, bad debt write-off’s, all Loews inter-hotel and corporate billings
Directs cash management activities to ensure the proper use and timely availability of funds
Provides guidance on technical issues affecting departments reporting to the Credit Manager
Conducts/oversees monthly audit of General Cashiers vault
Interviews, selects, trains, appraises, coaches, counsels and disciplines accounting personnel according to Loews standards
Follows New Hire Training and on-going Star Service Competency programs in accordance with hotel policy
Evaluates individual employee performance, determines areas in need of improvement or requirements for advancement, establishes goals, objectives and training needs required to achieve same
Evaluate changes in guest needs, the hotels guest mix and industry competitive set, to recommend appropriate product/service and operational changes necessary to ensure guest and employee satisfaction, while maintaining market dominance and exceptional fi
Other duties as assigned
General Responsibilities
Promotes and applies teamwork skills at all times
Notifies appropriate individual promptly and fully of problems and/or unusual matters of significance
Executes emergency procedures in accordance with hotel standards
Complies with required safety regulations and procedures
Attends appropriate hotel meetings and training sessions
Complies with hotel standards, policies and rules
Remains current with hotel information and changes
Qualifications
Extensive knowledge of computer based front and back of house Accounting Management Systems
Prolific in Windows, Excel and MS-Office software operating systems and applications
Ability to assemble, analyze, understand and present integrated spread sheets and complex technical information to all levels of management
Organization/prioritization skills necessary to meet deadlines
Effective management, leadership, organizational and communications skills
Working knowledge of basic office equipment, i.e.; fax, copiers, printers, calculators
Ability to work flexible schedule to include weekends and holidays
Education
Bachelors or higher degree in Accounting/Finance
Experience
Four to six years progressive experience in managing Hospitality Accounting operations
Seniority Level
Director
Employment Type
Full-time
Job Function
Finance
Hospitality and Accounting
Benefits
Medical insurance
Vision insurance
401(k)
Paid paternity leave
Paid maternity leave
Child care support
Tuition assistance
Disability insurance
Get notified about new Financial Director jobs in
Nashville, TN .
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Immerse yourself in old and new Nashville at Loews Vanderbilt Hotel – your stage for exploring the vibrant city we call home. Located minutes away from some of the city’s most renowned attractions, Nashville is never short on things to see and do. Welcome to our kind of Southern Hospitality.
Key Responsibilities This position provides continuous leadership and guidance in all matters relating to the financial operation of the hotel, including accurate and timely financial reports, internal controls, and compliance with all Federal, State, Local regulations. Additional responsibilities include staffing, training, scheduling, planning, coordinating department activities, and ensuring efficient operations.
Job Specific Responsibilities
Manages/oversees the accounting department to ensure optimal efficiency of financial operations and adherence to Loews commitments to management contract
Directs or prepares all financial reports, ledger reviews and forecasts according to the established schedule, for distribution of operational information necessary to assist management in decision-making and budget preparation processes
Oversees preparation of, interprets and analyzes monthly financial statements and presents to management
Monitors revenues/expenses and ensures accurate recording of information to Loews established guidelines
Compiles financial data related to operations, investigates and critiques variances from expectations to determine cause and recommend appropriate management response to insure attainment of hotels financial objectives
Establishes and oversees /audit all internal financial controls to include purchasing, cash handling, receipts, disbursements, expendable/fixed asset inventories, payroll and employee records to insure policies are enforced according to Loews standards
Coordinates annual internal and external audit processes
Ensures the proper utilization, maintenance and periodic upgrading as required of all EDP systems and equipment
Assists management in capital planning process by providing appropriate ROI information
Coordinates the development of the annual financial plan
Assists division and department heads in the preparation of their respective budgets
Maintains files, pertaining to and ensuring compliance with, insurance policies, all contracts and legal agreements
Ensures proper, timely payment of fees for licenses, permits, regulatory contracts and insurance’s, all taxes
Serves as active member of Executive Committee and attends all meetings of same
Attends various departmental meeting’s in order to maintain effective working relationships with operational departments and staff
Approves as needed all purchase orders, payroll submittals, cash transfers to owners, manual checks, balance sheet and bank reconciliation's, month end journal entries, bad debt write-off’s, all Loews inter-hotel and corporate billings
Directs cash management activities to ensure the proper use and timely availability of funds
Provides guidance on technical issues affecting departments reporting to the Credit Manager
Conducts/oversees monthly audit of General Cashiers vault
Interviews, selects, trains, appraises, coaches, counsels and disciplines accounting personnel according to Loews standards
Follows New Hire Training and on-going Star Service Competency programs in accordance with hotel policy
Evaluates individual employee performance, determines areas in need of improvement or requirements for advancement, establishes goals, objectives and training needs required to achieve same
Evaluate changes in guest needs, the hotels guest mix and industry competitive set, to recommend appropriate product/service and operational changes necessary to ensure guest and employee satisfaction, while maintaining market dominance and exceptional fi
Other duties as assigned
General Responsibilities
Promotes and applies teamwork skills at all times
Notifies appropriate individual promptly and fully of problems and/or unusual matters of significance
Executes emergency procedures in accordance with hotel standards
Complies with required safety regulations and procedures
Attends appropriate hotel meetings and training sessions
Complies with hotel standards, policies and rules
Remains current with hotel information and changes
Qualifications
Extensive knowledge of computer based front and back of house Accounting Management Systems
Prolific in Windows, Excel and MS-Office software operating systems and applications
Ability to assemble, analyze, understand and present integrated spread sheets and complex technical information to all levels of management
Organization/prioritization skills necessary to meet deadlines
Effective management, leadership, organizational and communications skills
Working knowledge of basic office equipment, i.e.; fax, copiers, printers, calculators
Ability to work flexible schedule to include weekends and holidays
Education
Bachelors or higher degree in Accounting/Finance
Experience
Four to six years progressive experience in managing Hospitality Accounting operations
Seniority Level
Director
Employment Type
Full-time
Job Function
Finance
Hospitality and Accounting
Benefits
Medical insurance
Vision insurance
401(k)
Paid paternity leave
Paid maternity leave
Child care support
Tuition assistance
Disability insurance
Get notified about new Financial Director jobs in
Nashville, TN .
#J-18808-Ljbffr