Asst. Director of Finance - Viceroy Chicago
Chicago, IL 60610
About the Job
Viceroy Hotels & Resorts inspires travelers with one-of-a-kind authentic lifestyle experiences that bring together provocative design and intuitive service in sought-after locations. A leader in modern luxury, Viceroy’s vibe-led hospitality is guided by the brand promise “Remember to Live,” an affirmation to create lifelong memories for each guest. As an industry leader in creativity and innovation, our hotels draw upon the diverse backgrounds and talent of our extraordinary team for optimal success.
Location:Viceroy Chicago, IL
Overview:The Assistant Director of Finance is responsible for providing consistent leadership in the financial area of the hotel by supplying the accounting staff with guidance and training. He/she is also responsible for focusing on the profitability of the business, maintaining accurate and timely financial reporting, ensuring acceptable levels on internal control, ensuring compliance with all federal, state, and local regulations, and safeguarding owners/investors assets.
Responsibilities:- Assist Director of Finance in timely preparation of monthly financial statements for the property
- Prepare, monitor, and accurately record hotel revenues daily by preparation of the Income Journal. Identify all variances to budget and last year.
- Monitoring and control of hotel operations, cash flow and operating forecasts for the property
- Under guidance of Director of Finance maintain timely interaction with Department Heads to assure that property operations are on track and under control at all times
- Preparation of monthly bank reconciliations and general ledger account reconciliations for the property
- Supervision of accounting department staff
- Compliance with Highgate Accounting Policies and Procedures and internal controls for our finance and accounting operations
- Effectively manage and communicate related issues related to management of receivables, payables, daily cash balances, and timely deposits of all funds.
- Monitor hotel revenues and expenses and ensure the accurate recording in accordance with Highgate Hotel’s established guidelines. Investigate and critique variances to budget or to prior year and offer practical improvement methodologies to management.
- Analyze financial data and operations in order to assist Director of Finance and advise Department Heads in maintaining the hotels’ financial objectives.
- With supervision of Director of Finance hire, train, supervise and develop staff, including coaching, counseling and discipline.
- Preparation of any special reports, statements, etc., as requested.
- Other special projects and responsibilities as assigned.
- Bachelors Degree, preferably in Accounting.
- Strong PC skills including Excel, Word and financial accounting systems.
- Strong organizational, analytical, verbal and written communication skills.
- Long hours and sometimes required.
- Hospitality related financial management and accounting experience is desirable.
- The salary range for this position is $80,000 to $85,000. Additionally, this role is eligible for an annual performance bonus, determined based on organizational and individual performance criteria.
Viceroy Hotel Group provides a comprehensive compensation and benefits package, including:
• Health, Dental, and Vision insurance
• Personal time off
• Hotel and Dining discounts
• Food and beverage discounts
• Daily complimentary meals
• Recognition programs
• And much more