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Associate Director Of Finance
THE MADISON HOTEL Washington, DC
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$163k-214k (estimate)
Full Time 3 Days Ago
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THE MADISON HOTEL is Hiring an Associate Director Of Finance Near Washington, DC

About Us:
This 356-room colonial inspired yet contemporary hotel draws visitors, families, and locals alike for meals and meetings, overnights and nightcaps, seeing the city and governing the country. Our guests take sanctuary from the hustle and bustle of the city in the sophisticated guestrooms and select suites with extra space to spread out and all the comforts of home.
Whether you are looking for a full-time career or something part-time, our team is ready to welcome you to the family. You can be part of a passionate team that has fun, works hard, and loves one another. When you join the HEI family, you also get the benefit of the HEI Loves culture. HEI Loves is dedicated to celebrating our associates by offering the most competitive compensation, benefits, and PTO programs. Our associates are also eligible to take advantage of everything from health and wellness packages and robust retirement plans to travel benefits, product and service discounts, and much more.
Don't meet every single requirement of this job? Studies have shown that women and people of color are less likely to apply to jobs unless they meet every single qualification. At HEI we are dedicated to building a diverse and inclusive workplace, so if you're excited about this role but your experience doesn't align perfectly with every qualification in the job description, we encourage you to still send in your information. You may be the perfect candidate for this or for other roles within our organization!
We value U.S. military experience and invite all qualified military candidates to apply.
Overview:

Assist Director of Finance in directing the financial activities of the hotel, safeguarding the assets, and preparing all financial reports in accordance with generally accepted accounting principles and HEI Hotels and Resorts Standards.

Responsibilities:

Financial Management

  • Perform all accounting functions in the event assistance is needed.
  • Effectively schedule, monitor, and evaluate controllable departmental expenditures to stay within the restraints of the established budget through: labor management and purchasing control systems
  • Establish and monitor scheduling of all accounting associates, including Night Audit.
  • Schedule personnel consistent with the volume of business and needs.
  • Effectively plan in order to meet demands of both guests and staff.

Accounting Practices, Procedures, and Policies

  • Assist in Producing Financial Statements within designated time frame for preliminary distribution to hotel management and to meet HEI Corporate requirements.
  • Verify compliance with Finance SOP manual.
  • Participate in and critique asset inventories.
  • Maintain records storage area in compliance with record retention requirements of relevant government agencies.
  • Preparation and knowledge of sales tax returns, as well as any other applicable tax liabilities.

Accounts Receivable and Cash Flow

  • Manage and oversee all Accounts Receivable functions, including collection calls as needed.
  • Ensure the A/R aging percentages are in compliance with SOP.
  • Verify credit cards are processed every night by night audit.
  • Verify cash deposits are made timely.

Balance Sheet Reconciliation

  • Assist Director of Finance with the Reconciliation of balance sheet accounts each period.
  • Review any problem accounts with Director of Finance and adjust entries to the general ledger.

Management of Department

  • Identify, screen and attract management candidates from outside the company.
  • Train associates in job responsibilities.
  • Comply with attendance rules and be available to work on a regular basis.
  • Perform any other job related duties as assigned.
Qualifications:
  • One year experience in Hotel or Hospitality related Finance and Accounting.
  • Knowledge of Hotel Financial Statements and reconciliation of A and L accounts.
  • B.S. in Accounting.
  • Analytical approach to problems with high regard for detail and accuracy
  • Sound administrative and managerial skills
  • Proficiency in Microsoft Office, advanced Excel skills
  • Have proficient training, coaching and counseling abilities
  • Effective verbal and written communication skills. Ability to adapt communication style to suit different audiences, such as effectively communicating with supervisors, coworkers, public etc.
Benefits:

HEI Hotels and Resorts is committed to providing a comprehensive benefit program that offers you choices for your physical, mental and financial wellness, creating value in your most important investment - you!
For your physical and mental wellness we offer competitive Medical and Dental
programs through Anthem Blue Cross Blue Shield as well as Vision insurance programs ?through EyeMed.?Our Vacation, Sick and Holiday programs are available for you to rejuvenate with time off. HEI also provides pet insurance through the ASPCA. For your financial wellness, HEI provides a wide array of coverage, including Supplemental, Spousal and Child Life insurance as well as Short and Long-Term Disability plans. Our 401(k) Savings Plan with matching funds, and discounts through our 'YouDecide' and Hotel Room Discount programs provide additional incentives for choosing HEI as the employer of your future. Specific details and eligibility of these programs vary by location and employment status.

Work today, get paid today! We proudly partner with DailyPay, a voluntary benefit that allows our associates access to their earnings when they want them.

HEI Hotels and Resorts is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, and other legally protected characteristics.

Job Summary

JOB TYPE

Full Time

SALARY

$163k-214k (estimate)

POST DATE

06/27/2024

EXPIRATION DATE

07/14/2024

WEBSITE

madisonhotelmemphis.com

HEADQUARTERS

MEMPHIS, TN

SIZE

25 - 50

TYPE

Private

CEO

ANTHONY KLOK

REVENUE

<$5M

INDUSTRY

Accommodations

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