Complex Director of Finance ("Director de Finanzas")

POSITION TITLE: Complex Director of Finance

DEPARTMENT: A&G

REPORTS TO: General Managers, Corporate Director of Finance

EXEMPT STATUS: Exempt, Professional

POSITION PURPOSE

Plans, directs, and executes property wide strategies related to budgeting forecasting profit and loss reporting and account reconciliation for operating and balance sheet accounts for our H Hotel, Homewood Suites, and Embassy Suites LAX locations. Areas of oversight include budgeting, income auditing, cashiering, accounts payable, accounts receivable, tax compliance, monthly financials, and payroll. Creates and executes a business plan that is aligned with the propertys business strategy and focuses on the execution of financial and accounting activities and the delivery of desirable financial results.

ESSENTIAL RESPONSIBILITIES

Verifies the accuracy and timeliness of all finance functions: daily and month end reporting payroll processing income audit accounts payable accounts receivable and cash and credit card management

Completes comprehensive month end close to include preparing journal entries and accruals completing cost of sales entries reconciling balance sheet accounts ensuring proper tax reporting and analyzing profit performance

Develop and Achieve Financial Goals

Creates the annual operating plan that is aligned with the company's strategic direction

Provides analytical tools and support to department heads during budget preparation

Leads the sales and operations team in creating accurate monthly forecasts that allow the team to react to changes in business levels

Implements and upholds business practices that positively support our obsession with having sales driven culture

Ensures monthly P&Ls reflect accurate revenues expenses and cost of sales calculations

Analyzes daily monthly variances between actual forecasted and budgeted performance

Advises GM and executive team on existing and upcoming financial and operational issues

Analyzes financial data and operational and market trends to identify opportunities for improvement

Leads the property in developing and maintaining a strong labor culture that maximizes productivity performance

Facilitates monthly P&L reviews to uncover challenges opportunities and trends

Manages capital expense budget and reconciles expenditures monthly

Ensures strong accounting and operational controls to safeguard assets and maximize profits

Oversees internal and city audit processes

Manages the accurate collection posting and reconciliation of occupancy taxes sales taxes and transient marketing district (TMD)fees

Reconciles balance sheet accounts monthly and ensures totals are supported by appropriate documentation