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Assistant Director of Finance
Assistant Director of FinanceThe Fairmont Hotel • Dallas, TX, United States
Assistant Director of Finance

Assistant Director of Finance

The Fairmont Hotel • Dallas, TX, United States
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Company Description

Fairmont Dallas, located in the Arts District of downtown Dallas, offers 545 elegant guestrooms and suites, with over 73,000 square feet of flexible meeting space. For over 50 years, Fairmont Dallas has been the setting for countless civic, social cultural, convention and corporate events, setting the stage for countless memories.

Job Description

Fairmont Dallas is looking for a dynamic individual to lead the Finance team and to provide an innovative approach to service and practices.

  • Oversee the day-to-day operations of the Finance department including payroll, accounts
  • receivable, accounts payable, general cashier, and purchasing / receiving
  • Lead and manage the Finance and Purchasing departments and ensure SOP compliance and
  • service standards are followed
  • Train, coach, counsel, motivate, encourage, and discipline departmental employees,
  • providing constructive feedback to enhance performance
  • Lead and actively participate in the recruiting process
  • Roll out annual SOP training and verify compliance in advance of the annual SAQ
  • Prepare and compile annual internal audit pre-work & supporting documents
  • Manage the Centralized Accounting Service Delivery outsourcing process and ensure timely
  • A / P payments, revenue accounts are accurately stated and settlements are in balance and timely
  • With the Regional Director of Finance, develop and manage key relationships to provide
  • financial support and understanding of short and long-term financial plans, including the
  • monthly forecast, annual budget & departmental expense initiatives
  • Recommend strategies to continually improve effectiveness of the business or financial
  • management
  • Lead the preparation of the financial statements within the corporate closing schedule and
  • according to the Accor SOP
  • Guide managers to understand the process within the SOP & CASD context to effectively
  • perform their tasks in a timely and accurate manner, and to ensure the integrity of the
  • Financial Statements
  • Contribute to the analysis and interpretation of the financial results, including cost of sales,
  • labor productivity, average check, ADR, and other operating metrics
  • Assist in developing the business acumen of the leadership team, at all levels, to ensure they
  • understand their impact on the business as a whole, as they participate in the procurement,
  • forecasting, P&L, expense management & labor processes to drive performance
  • Maintain and prepare balance sheet analyses on a monthly basis with full supporting detail
  • Manage and maximize working capital, cash flow and projections on a monthly basis
  • Preparation of monthly Accor and owner reporting
  • Maintain successful treasury cash management as set forth in the SOP manual
  • Ensure compliance with management agreements, contracts, and legal
  • documents. Understanding how those documents translate into financial responsibilities and
  • how they may effect both the hotel's and Corporate's financial position
  • Other duties as required
  • Bachelor's or master's degree in business, Finance, or relevant field of work, or an equivalent
  • combination of education and work-related experience
  • Hospitality Industry Experience preferred
  • Previous leadership experience in a similar role required
  • 5+ years progressive work-related experience in multiple areas of accounting and / or capital
  • projects management and reporting, financial and / or business analysis, accounting, or a related area, with 3 years managing teams and / or significantly complex projects.
  • Strong knowledge of finance, budgeting, compliance, accounting processes and regulations,
  • along with demonstrated knowledge of management standards and techniques and GAAP
  • regulations and procedures
  • Experience with accounting systems or similar financial software for the purpose of financial
  • reporting, analysis and presentation.
  • Fluent in English, with excellent communication skills (both verbal and written)
  • Strong interpersonal communication skills and problem-solving abilities
  • Proficiency in Microsoft Office Applications including Advanced Excel necessary
  • Highly responsible & reliable
  • Ability to work cohesively as part of a team
  • Must be able to clearly convey information and ideas including complex or technical issues,
  • to address all levels within the organization
  • Must be able to evaluate and select among alternative courses of action quickly and
  • accurately
  • Must work well in stressful, high-pressure situations
  • Must be effective in handling problems in the workplace, including anticipating, identifying,
  • and solving problems as necessary
  • Must have the ability to assimilate complex information, data, etc. from disparate sources
  • and consider, adjust, or modify to meet the constraints of the particular need.

Qualifications

  • Bachelor's or Master's Degree in Business, Finance, or relevant field of work, or an equivalent combination of education and work-related experience
  • Hospitality Industry experience preferred
  • Previous leadership experience in a similar role required
  • 5+ years progressive work related experience in multiple areas of accounting and / or capital projects management and reporting, financial and / or business analysis, accounting, or a related area, with 3 years managing teams and / or significant complex projects.
  • Strong knowledge of finance, budgeting, compliance, accounting processes and regulations, along with demonstrated knowledge of management standards and techniques and GAAP regulations and procedures
  • Experience with accounting systems or similar financial software for the purpose of financial reporting, analysis and presentation.
  • Fluent in English, with excellent communication skills (both verbal and written)
  • Strong interpersonal communication skills and problem solving abilities
  • Proficiency in Microsoft Office Applications including Advanced Excel necessary
  • Highly responsible & reliable
  • Ability to work cohesively as part of a team
  • Must be able to clearly convey information and ideas including complex or technical issues, to address all levels within the organization
  • Must be able to evaluate and select among alternative courses of action quickly and accurately
  • Must work well in stressful, high pressure situations
  • Must be effective in handling problems in the workplace, including anticipating, identifying, and solving problems as necessary
  • Must have the ability to assimilate complex information, data, etc. from disparate sources and consider, adjust, or modify to meet the constraints of the particular need.
  • Additional Information

    What's in it for you :

  • Paid time off
  • Medical, Dental and Vision Insurance, 401K
  • Complimentary Shift Meal
  • Employee benefit card offering discounted rates in Accor worldwide
  • Learning programs through our Academy designed to sharpen your skills
  • Ability to make a difference through our Corporate Social Responsibility activities, such as Planet 21
  • Career development opportunities with national and international promotion opportunities
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