Assistant Director of Finance

$90,000 - $122,527/Yr

Renaissance Las Vegas Hotel - Las Vegas, NV

Full-time - Mid Level

Las Vegas, NV

5,001-10,000 employees

Accommodation

About the position

The Assistant Director of Finance at Renaissance Las Vegas plays a crucial role in leading the financial operations of the hotel. This position involves guiding and training the accounting staff, ensuring profitability, maintaining accurate financial reporting, and compliance with regulations. The Assistant Director will also focus on safeguarding the assets of owners and investors while collaborating closely with department heads to ensure smooth financial operations.

Responsibilities

• Assist Director of Finance in timely preparation of monthly financial statements for the property
• Prepare, monitor, and accurately record hotel revenues daily by preparation of the Income Journal
• Identify all variances to budget and last year
• Monitoring and control of hotel operations, cash flow and operating forecasts for the property
• Maintain timely interaction with Department Heads to assure that property operations are on track and under control at all times
• Preparation of monthly bank reconciliations and general ledger account reconciliations for the property
• Supervision of accounting department staff
• Compliance with Highgate Accounting Policies and Procedures and internal controls for our finance and accounting operations
• Effectively manage and communicate related issues related to management of receivables, payables, daily cash balances, and timely deposits of all funds
• Monitor hotel revenues and expenses and ensure the accurate recording in accordance with Highgate Hotel's established guidelines
• Investigate and critique variances to budget or to prior year and offer practical improvement methodologies to management
• Analyze financial data and operations in order to assist Director of Finance and advise Department Heads in maintaining the hotels' financial objectives
• Hire, train, supervise and develop staff, including coaching, counseling and discipline under the supervision of Director of Finance
• Preparation of any special reports, statements, etc., as requested
• Other special projects and responsibilities as assigned.

Requirements

• 2 - 4 years of hotel accounting experience
• Bachelor's degree in Accounting or Finance
• Requires knowledge of all the functions performed by the subordinate reporting directly or indirectly to the Hotel Controller
• Requires advanced knowledge of the accounting, finance and hospitality professions
• Requires experiential knowledge for management of people and complex problems
• Requires ability to analyze activities or information involving some original data manipulation or interpretation to arrive at a logical conclusion
• Requires the ability to make decisions guided by established policies and procedures
• Requires the ability to communicate so as to provide information and services, supervisory skills

Benefits

• 401(k)
• Dental insurance
• Health insurance
• Paid time off
• Vision insurance