Director of Finance

$125,000 - $175,000/Yr

Marriott International - Los Angeles, CA

Full-time - Senior

Los Angeles, CA

Accommodation

About the position

The Director of Finance is responsible for managing all financial transactions and overseeing the operations of the hotel's general ledger. This role ensures the efficient operation of the Accounting department, adhering to DDC standards, while consistently meeting the expectations of both guests and owners.

Responsibilities

• Prepare and review all journal vouchers, month-end reports and reconciliations.
• Review preliminary financial statements with Finance team.
• Lead monthly financial reviews and present the reports.
• Supervise Accounting staff and the Information Technology functions of the hotel, including coaching and counseling associates to reflect service standards and procedures.
• Interview, train, and evaluate performance of staff.
• Manage and help oversee hotel on-site accounting functions to ensure proper fiscal management, timely and accurate reporting and analysis for the hotel.
• Assist with managing and ensuring SOX compliance.
• Complete the year-end audit process.
• Review and approve all reconciliations and audit work papers.
• Participate in and respond to auditor requests to ensure total hotel compliance.
• Help prepare all monthly and annual financial statements.
• Investigate, review and analyze the variance explanations, involving the department staff in this process.
• Take initiative to manage troubleshooting for respective cost controls and revenue enhancement.
• Assist General Manager with special reporting and analysis projects.
• Present financial data to ownership group and to DDC Home office monthly/quarterly.
• Fully and solely responsible for hotel accounting compliance (procedures, results, reporting) as mandated by State and Federal government.

Requirements

• Accounting degree required.
• 5 years or more of progressive Accounting experience, preferably in a hotel.
• Experience supervising Accounting staff members.