Assistant Director of Finance

Location: New York

Company Description Sofitel New York is looking for an Assistant Director of Finance who is an enthusiastic, hospitality-oriented professional that will manage day-to-day Finance efficiencies. The Assistant Director of Finance will be a highly motivated team leader with strong accounting, communication, business presentation and analytical skills. A strong systems background is also needed. This position will support and assist Director of Finance in managing the Finance & Accounting Department and will be acting Director of Finance as needed.

What is in it for you:

Employee Discount Travel Program Employee Assistance Program (EAP)
Extended healthcare plan coverage

Opportunity to develop your talent and grow with the Company Ability to make a difference through our Corporate Social Responsibility activities, like Planet 21

Salary Range: $95 - $120k / Year

Job Description What you will be doing:

Performance Management Provide administrative support to Management with reference to policy enforcement, business advice and operational assistance

Monitoring and supervising the accounting department’s day to day operations including payroll, accounts receivables, accounts payable, general cashier, income audit (including daily tax reconciliation), and purchasing. Ensure smooth, effective, and efficient daily work practices,To Assist the Director of Finance to ensure that all of the accounting staff understands and follows the applicable policies and procedures that is outlined in the Company’s finance policies and procedures manual.

Develop key relationships and respective Department Heads and the senior managers to provide financial support and understanding of short and long-term financial plans.

To assist the Director of Finance and other department heads in the development and implementation of “corrective action plans” on internal and or external audit and operational reports.

To assist the Director of Finance in the development of the business acumen of all levels of the hotel Leadership team to ensure they understand the impact of every component on the business as a whole and embrace the fiscal reporting processes, and information available in order to drive the performance of their areas of responsibility.

To assist the Director of Finance to promote, drive and maximize GOP Theoretical Flow Through concept across the departments.

Financial Planning, Reporting and Analysis To assist the Director of Finance with the analysis and interpretation of the financial data and its communication to the operations. The Assistant Director of Finance will also assist with and complete, as needed, the analysis of the balance sheet accounts and the preparation of the monthly internal benchmarking and operational performance analysis reports.

To assist the Director of Finance with month end closing process.

Prepare and compile annual internal and external audit pre-work & supporting documents.

To assist the Director of Finance in preparing the annual budget, capital budgets and the rolling forecast. Assistant Director of Finance should be able to perform these tasks satisfactorily with high direction but with little supervision.

Lead the preparation of the financial statements within the corporate closing schedule and according to the Accor SOP.Prepare and provide accurate and complete financial and management reports on a timely basis to hotel management, corporate office and owners in accordance with the company and ownership reporting requirements and policy.

To assist the Director of Finance in the timely and accurate preparation of monthly prompt tax and quarterly tax filings, per local law.

Compliance & Risk Management To working with the Director of Finance to fulfill his/her fiduciary responsibility to…