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Director of Finance

Loews Hotels & Co
United Statesfull_timeVerifiedPosted 26 Jun 2024

About the role

At Loews Hotels at Universal Orlando, our team members get to make a difference and have fun every day. Our world-class team brings to life the incredible, award-winning hotels located at Universal Orlando Resort.

Named one of Central Florida’s Top Workplaces and one of America’s Best-in-State Employers by Forbes, we are committed to our “power of we” culture.

Are you looking for a place where you can bring your authentic self to work every day and be able to connect, engage and delight?

  • We offer excellent benefits and perks including one free meal per shift and free theme park access.

  • We have a dynamic culture that makes every day interesting, challenging, fulfilling and fun.

  • We embrace diversity at our core and offer the opportunity for all team members to reach their potential.

  • We invest in training and development opportunities for all team members.

  • We promote social responsibility by being a good neighbor in the community.

  • We care for you, just as we care for others.

About Hard Rock Hotel

Join the band and deliver show-stopping service at one of the coolest hotels on the planet, designed as a rock star’s mansion.

Job Description

This position provides continuous leadership and guidance in all matters relating to the financial operation of the hotel by: providing accurate and timely financial reports to assist management decision making process’, maintaining acceptable internal control procedures designed to safeguard owners/investors assets, ensures compliance with all Federal, State, Local regulations. Additional responsibilities include; staffing, training, scheduling of employees; planning organizing, directing and coordinating all department activities to ensure efficient operation.

Job Specific

  • Manages/oversees the finance department to ensure optimal efficiency of financial operations and adherence to Loews commitments to management contract
  • Directs or prepare all financial reports, ledger reviews and forecasts according to the established schedule, for distribution of operational information necessary to assist management in decision-making and budget preparation processes
  • Oversees preparation of, interprets and analyzes monthly financial statements and presents to management
  • Monitors revenues/expenses and ensure accurate recording of information to Loews established guidelines
  • Compiles financial data related to operations, investigate and critique variances from expectations to determine cause and recommend appropriate management response to insure attainment of hotels financial objectives
  • Establishes and oversees /audit all internal financial controls to include purchasing, cash handling, receipts, disbursements, expendable/fixed asset inventories, payroll and employee records to insure policies are enforced according to Loews standards
  • Coordinates annual internal and external audit processes
  • Ensures the proper utilization, maintenance and periodic upgrading as required of all EDP systems and equipment
  • Assists management in capital planning process by providing appropriate ROI information
  • Coordinates the development of the annual financial plan
  • Assists division and department heads in the preparation of their respective budgets
  • Maintains files, pertaining to and ensuring compliance with, insurance policies, all contracts and legal agreements
  • Ensures proper, timely payment of fees for licenses, permits, regulatory contracts and insurance’s, all taxes
  • Serves as active member of Executive Committee and attends all meetings of same
  • Attends various departmental meeting’s in order to maintain effective working relationships with operational departments and staff
  • Approves as needed all purchase orders, payroll submittals, cash transfers to owners, manual checks, balance sheet and bank reconciliation's, month end journal entries, bad debt write-off’s, all Loews inter-hotel and corporate billings
  • Directs cash management activities to ensure the proper use and timely availability of funds
  • Provides guidance on technical issues affecting departments reporting to the Credit Manager
  • Conducts/oversees monthly audit of General Cashiers vault
  • Interviews, selects, trains, appraises, coaches, counsels and disciplines accounting personnel according to Loews standards
  • Follows New Hire Training and on-going Star Service Competency programs in accordance with hotel policy
  • Evaluates individual employee performance, determines areas in need of improvement or requirements for advancement, establishes goals, objectives and training needs required to achieve same
  • Evaluate changes in guest needs, the hotels gue

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Company

Loews Hotels & Co

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