Assistant Director of Finance
Listed on 2026-07-08
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Finance & Banking
Financial Reporting, Financial Compliance, Financial Analyst, Financial Manager
We’re Sonesta International Hotels, the eighth largest hotel company in the U.S. and growing fast. An epic blend of full‑service and focused hotels in major cities, our diverse portfolio of owned, managed, and franchised properties lets us be everywhere you want to be. We drive hospitality through the human side of service, loyalty with purpose, and experiences that truly connect.
Together we thrive—bringing quality, value, and amazing hospitality to every guest and every stay across 1,000+ properties in eight countries.
Job DescriptionAssistant Director of Finance sets the tone for Sonesta’s Culture of Caring. The role involves leading, building and motivating teams, ensuring financial operations compliance and integrity, protecting assets, maximizing ROI, providing timely reporting, and supporting strategic vision and execution within a decentralized accounting environment.
- Ensure compliance with company policies and local standard operating procedures.
- Assist in completing timely and accurate annual budgets and periodic forecasts.
- Prepare accurate, timely, and complete monthly financial statements with detailed work papers and schedules in accordance with GAAP and USALI.
- Develop and implement local accounting and financial control procedures to ensure compliance with Sarbanes‑Oxley 404 key controls, safeguard assets, and improve operations.
- Responsible for risk management to preserve hotel property and reduce potential liability claims.
- Manage and control receivables, payables, credit, payroll, cash handling and treasury functions with the hotel’s accounting department staff.
- Develop, implement and monitor hotel‑specific A/R Responsibility Matrix and credit and collection practices in compliance with company policies.
- Distribute outlook and forecast information as an up‑to‑date management tool for operating departments, review and analyze variance versus actual results to measure and improve accuracy.
- Collaborate with department managers to provide clear explanations for budget and forecast variances, along with commentary on financial discrepancies.
- Maintain insurance coverage for protection against property losses and potential liabilities.
- Use financial and operational performance analysis, including benchmarking, to maximize hotel’s revenue, GOP flow‑through and bottom‑line financial return.
- Assist operations to improve the accuracy of work schedules and set labor standards to maximize productivity; monitor actual labor usage versus standards.
- Comply with record retention for internal and external audits, coordinate audit visits and respond to auditor requests; ensure compliance with government regulations and contractual agreements.
- Perform any other job‑related duties as assigned.
- Strategic and planning—set departmental goals and strategy to align to company mission; provide leadership, communicate financial concepts, measure results, and build relationships with owners.
- Manage, interview, train, and promote Finance department staff; provide constructive feedback, recommend disciplinary action when appropriate, and ensure training aligns with career aspirations.
- Lead with passion—ensure success through employees, guests, and owners; promote teamwork, quality service, and integrity.
- Bachelor’s degree in Accounting/Finance or equivalent required.
- 3+ years’ experience in accounting in a hotel environment.
- Demonstrated progressive career growth and pattern of exceptional performance.
- Track record of delivering exceptional guest and client experience.
- Demonstrable expertise in analysis and action taking.
- Demonstrated ability to interact with customers, employees and third parties that reflects highly on the hotel, brand and company.
- Excellent verbal and written communication skills.
- Excellent interpersonal and customer service skills.
- Excellent organizational skills and attention to detail.
- Strong analytical and problem‑solving skills.
- Strong supervisory and leadership skills.
- Ability to prioritize and organize work assignments.
- Extensive knowledge of hotel and hospitality industry.
- Proficient with Microsoft Office Suite or related software.
- Majority of work takes place indoors…
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