38 Director of Finance Jobs in Los Angeles, CA
Sorry! This job is no longer available. Please explore similar jobs listed on the left.
Hyatt Hotels is Hiring a Director of Finance Near Los Angeles, CA
Job SummaryThe Director of Finance is responsible for all activities related to budgeting, forecasting, profit and loss reporting, and account reconciliation for operating and balance sheet accounts for our hotel location. This role directly oversees all accounting activities related to income auditing, cashiering, accounts payable processing, accounts receivable collection, tax compliance, payroll and month end processing. This position is a high-profile Executive Committee position.
Job Duties & Functions
- 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
- Provides continuous direction to and education of the operational team in all areas related to finance, financial reports, internal controls, labor management, payroll, month end reconciliation, P&L performance, etc.
- Fosters strong professional relationships with the entire management group by providing direct counsel and feedback that positively impacts the performance of the business and sharpens the financial acumen of the team
- Conducts ongoing coaching and annual reviews to influence positive team development
- Possess a 4-year Bachelor Degree in Finance/Accounting and a minimum of 5 years of experience in a finance leadership position or a 5 year history of progressive career growth in hotel finance (or in a similar industry)
- Experience with budgeting, forecasting, profit and loss reporting and balancing ledgers for operating and balance sheet accounts
- Aptitude for performing numerical analysis of data and formulating conclusions and/or solutions
- Ability to use logic to define a problem, collect information, establish facts, draw valid conclusions, interpret information and deal with abstract variables for unique or unfamiliar situations
- Proven leadership and coaching skills with a track record of developing a highly motivated and cross trained group of progressive accounting professionals
- Ability to clearly and concisely present technical subjects
- Must possess strong oral and written communication skills and the ability to conduct effective group meetings and presentations
- Ability to comprehend and use technical or professional language, either written or spoken, to communicate complex ideas
- Superior Computer skills: Microsoft Office, POS/PMS systems, and the ability to create, maintain and analyze data in Excel spreadsheets
- Ability to work a varied schedule, including days, evenings, weekends, holidays, and extended hours, based on business needs
- Supervises and leads the professional development a dynamic finance team
- Demonstrate Leadership and Strategic Decision Making
- Thinks creatively and practically to develop, execute and implement business strategies
- Utilizes effective interpersonal and communication skills to lead, influence and drive the performance of others
- Leads by example by demonstrating honesty and integrity in all business and personnel decisions
- Leverages strong financial and operational leadership skills to guide the executive team, influence property focus areas and to lead own department
- Communicates complex financial concepts and expectations in a clear manner that drive results
- Maintains peak performance levels under pressure and in a dynamic work environment
- Medical insurance for you and your qualifying family provided at no-cost, in addition to low cost options for dental, vision, flex spending, disability and life insurance coverage.
- Cell phone reimbursement.
- Paid vacation, sick, and holiday time.
- Discounted room nights world-wide.
- 401(k) Plan with Employer Match
This position is at a location where Hyatt is not the employer. The employer of individuals working at this hotel may be a third-party management company that is responsible for all employment benefits and obligations at this location.
Job Summary
Full Time
Accommodations
$204k-274k (estimate)
06/28/2024
08/24/2024
hyatt.com
CHICAGO, IL
>50,000
1957
Public
MARK S HOPLAMAZIAN
$1B - $3B
Accommodations
Related Companies
About Hyatt Hotels
Hyatt is an Illinois-based multinational hospitality company that manages and franchises luxury hotels and resorts offering services such as lodging and event management.
The job skills required for Director of Finance include Accounting, Leadership, Budgeting, Accounts Payable, Internal Control, Accounts Receivable, etc. Having related job skills and expertise will give you an advantage when applying to be a Director of Finance. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Director of Finance. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Director of Finance positions, which can be used as a reference in future career path planning. As a Director of Finance, it can be promoted into senior positions as a Top Division Financial Executive that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Director of Finance. You can explore the career advancement for a Director of Finance below and select your interested title to get hiring information.
If you are interested in becoming a Director of Finance, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Director of Finance for your reference.
Step 1: Understand the job description and responsibilities of an Accountant.
Quotes from people on Director of Finance job description and responsibilities
A Director of Finance makes high-level decisions regarding a business’s health, leaving details for the finance and accounting departments.
01/03/2022: Schenectady, NY
Finance Director, given additional responsibility for managing pricing, proposal development; supply agreement approval.
01/27/2022: Salem, OR
Financial directors review any capital request and take on the approval process while the controllers of finance process the requests.
01/21/2022: Provo, UT
The duties of a Director of Finance are to manage the financial and accounting control functions of an organization.
12/20/2021: Racine, WI
They’re also commonly tasked with managing one or more corporate finance departments, such as accounting or payroll.
01/21/2022: Boston, MA
Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.
Career tips from people on Director of Finance jobs
Becoming a director of finance requires a combination of education and relevant work experience.
02/26/2022: Sioux Falls, SD
They must also be good team players, with management skills to lead the finance department.
02/16/2022: Olympia, WA
At least 10 years of accounting and finance experience.
02/23/2022: Seattle, WA
Create partnerships with the other stakeholders.
01/04/2022: Phoenix, AZ
The Finance Director should have strong people skills, be a team player and be a proficient multitasker.
01/22/2022: Kingsport, TN
Step 3: View the best colleges and universities for Director of Finance.
Similar Jobs
Popular Articles
