Assistant Director of Finance

We’re Sonesta International Hotels—the 8th largest hotel company in the U.S. (and growing fast ).

With a dynamic mix of full-service and focused hotels across major cities, our diverse portfolio of owned, managed, and franchised properties means we’re everywhere our guests need us to be.

But here’s the thing—we’re not just in the business of hotels, we’re in the business of people. We bring service with passion, loyalty with purpose, and create experiences that genuinely connect—delivering quality, value, and memorable stays across 1,000+ properties in eight countries (and counting).

The Assistant Director of Finance sets the tone for Sonesta’s Culture of Caring. We expect
leaders to focus on creating amazing moments for guests and team members and dig deep to
find ways to create success for their team. The responsibilities of the Assistant Director of Finance include planning, organizing, directing and controlling the financial operations while ensuring the security of hotel assets, maximizing the return on investment, providing timely and accurate reporting and analysis of results and integrity of the management information systems in a decentralized accounting environment Sonesta managers are charged with providing strategic vision, ensuring tactical execution, actively managing their department to achieve the company’s revenue, profitability goals and objectives.
The ideal candidate has a passion for building and motivating teams that achieve results.
Sonesta managers are guest-focused (both internal and external) achievement-oriented leaders.

Ensure compliance with company policies and local standard operating procedures.

• Assist in the completion of timely and accurate annual budget and periodic forecasts

Prepare accurate, timely and complete monthly financial statements with detailed work papers and schedules in accordance with the company’s policies and procedures, applicable hotel management agreements, Generally Accepted Accounting Principles (GAAP) and the Uniform System of Accounts for the Lodging Industry (USALI).

Develop and implement local accounting and financial control procedures and systems to ensure compliance with Sarbanes-Oxley (Sox) 404 key controls, safeguard assets, improve operations and profitability.

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-level policies and procedures.

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 and accurately measure actual labor usage versus labor standards to ensure timely reporting and decision-making.

Comply with record retention as required for internal and external audits, coordinate audit visits and respond to auditor requests. Ensure compliance with government regulations, federal, state and…