Director of Labor Management

Overview

Play an ongoing role in the creation, execution and refinement of profitable financial strategies designed to maximize opportunities for Terranea Resort, while also ensuring excellence in the Company’s day-to-day financial accounting, reporting, analytical and planning functions, as well as the integration of best practices. Provide clear leadership and direction to the finance team while ensuring that the department’s work objectives are achieved on an ongoing basis.

Along with the Director of Finance & Accounting, create an accountable, communicative, team-oriented environment such that the finance team is striving to achieve and exceed expectations. Perform in a manner fully aligned with Terranea’s core values and overall strategic objectives. Communicate and work effectively with other department managers across various functional lines to build and maintain productive relationships. Perform all of the above with the highest standard of excellence and integrity.

Responsibilities

• Payroll and Labor Management
  • Hold weekly labor meetings and work closely with all departments of the Resort to proactively forecast and manage labor costs
  • Provide standard and ad-hoc payroll reports as needed
  • Approve weekly gratuities submitted by various departments
  • Take initiative to step in and process bi-weekly payroll should the need arise
  • Take ownership of Labor Management System – including forecasts, staffing guides, schedules, and distribution of management information.
  • Support month-end close by preparing payroll-related journal entries and reconciliations
• Financial Reporting:
  • Assist DOF in the preparation of all monthly and annual financial statements. Be able to provide answers and feedback to DOF and VP of Finance regarding specific questions from the general ledger.
  • Assist as needed in preparing the property budgets, capital budgets, and business plans.
  • Take initiative, by working with the DOF, to manage troubleshooting for respective property cost controls and revenue enhancements.
• Staff, Training and Job Knowledge:
  • Ensure full knowledge of all job responsibilities of all direct reports enabling proper training and support.
  • Be willing to perform the tasks of all direct reports in the case of absence or turnover of a staff member.
  • In conjunction with the DOF, employ customized evaluations, career planning sessions and cooperative goal setting.
  • Help to develop a “service culture” among Finance / Accounting personnel.
  • In conjunction with the VP of Finance and DOF, manage and regulate all of Terranea’s internal controls and the Resort’s LSOPs.
  • Create a positive working environment that is enjoyable and highly productive.
  • Keep the DOF informed as to the status of all issues and related successes/problems and perform special projects as required.
  • Direct and assume responsibility for proper execution of the Resort’s accounting practices, maintenance of accurate financial records, and the timely preparation of financial reports.
  • Utilize standard reporting, as well as insightful comprehensive metrics, to drive continuous improvement for the Resort.
  • Have a sound understanding of the Hotel’s operational and back office systems as well as Microsoft Office products and be able to assist personnel with training and support.
• External/Internal Audits:
  • Assist DOF with completing the year-end audit process.
  • Complete assigned balance sheet reconciliations and audit work papers.
• Compliance:
  • Ensure compliance with applicable taxing laws, and file required local and state tax returns in a timely manner.
  • Complete assigned balance sheet reconciliations in accordance with established corporate formats, the Resort’s LSOPs and GAAP.

Additional Duties & Responsibilities:

• Attend meetings as requested.
• ADHOC requests as needed.

Qualifications

• This position will be focused heavily in Payroll and labor controls.
• Proficiency in Excel
• Must have a proven track record of success as a team member in a strong and innovative Finance organization in a fast-paced environment.
• Must be an effective leader, a well-organized, take-charge professional who makes things happen and who has a strong orientation to quality, accuracy, and timeliness.
• Must be entrepreneurial and detail-oriented; willing to roll up his/her sleeves and is hands-on.
• Must have an analytical mind sufficient to assess business performance and opportunities, as well as to evaluate problems and develop solutions.
• Must be a polished and dynamic team player, an open, willing communicator who is not uncomfortable or shy in dealing directly with challenging issues.
• Effective communication is an important ingredient to success in this position.
• Must also be professional and ethical, demonstrating personal integrity, loyalty, tact, sound judgment, openness and diligence
• Able to adjust to change, open to new ideas, willing to take on additional responsibilities and able to perform in a deadline driven environment. Flexible and resourceful “can-do” attitude
• Goal, growth and quality-oriented in his/her business approach. Drives for results and success while actively and effectively serving as a role model for the company’s guiding principles
• Has effective written, verbal and listening skills. Shows respect and interacts with associates at all levels in a manner that is constructive and supportive. Open-minded and empowering
• Proactive in defining roles and accountabilities, as well as in evaluating, mentoring, coaching and counseling members of the Resort finance team.
• Sets a positive example and is a great motivator of people around key objectives.
• Drives through change and adversity by tackling tough challenges without hesitation. Undaunted, maintains determination and resolve no matter how arduous the situation.
• Keeps important priorities in the forefront and never loses sight of the “big picture”. Carefully evaluates all of the factors and assesses the potential outcome before making a decision.
• Always part of the solution and not part of the problem. Strives for continuous process improvement and best practices. Is analytically astute and able to help maximize the value of the Resort
• Demonstrates a sense of urgency and commitment in regards to deliverables and deadlines. Highly responsive to owners, guests and employees. Owns the work product and is committed to the quality, accuracy and timeliness thereof.
• Takes the initiative in leading, communicating, offering service, and in solving problems.

Experience, Education, & Licensure:

• Must have a minimum of 5 years of finance/ accounting experience in the hospitality industry, preferably in a complex operations environment.
• An undergraduate degree in accounting or related field is preferred.

Compensation

Base Pay Start Rate: $100,000 - $115,000/Yr. 

We offer a competitive benefit package for full-time, regular team members that includes:  group medical, dental, vision, life, disability benefits, and an employee assistance program. We have paid time off/sick time and are proud to offer participation in a 401(k) plan with a company match! 

We also offer great perks such as, Team Member Rates at CoralTree properties, Complimentary Room Night Program for both you and your immediate family members, complimentary monthly golf, discounts at our retail, spa, and dining outlets. 

#Terranea

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Salary : $100,000 - $115,000