Assistant Director of Finance ($80,900 - $129,200)

Hyatt Hotels Corporation

$80K — $129K *
Hospitality & Recreation
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years of finance experience in a hotel or similar environment
  • Strong understanding of financial regulations and compliance standards
  • Proven leadership skills with experience supervising finance teams
  • Proficiency in financial software and systems administration
  • Experience in financial planning, budgeting, and cash management

Responsibilities

  • Support the Director of Finance in managing all financial operations of the hotel
  • Prepare and review journal entries, month-end reports, and reconciliations
  • Conduct monthly financial reviews and assist in presenting reports to management
  • Supervise and coach Finance and Procurement staff to uphold Hyatt's service standards
  • Oversee all on- and off-site accounting functions and ensure fiscal management
  • Assist in managing SOX compliance and implement corrective measures
  • Lead the audit process and respond to auditor requests for hotel compliance
  • Prepare and analyze monthly and annual financial statements, focusing on variance explanations and cost controls

Benefits

  • Comprehensive health and wellness programs
  • Retirement savings plans with employer matching
  • Opportunities for career growth and advancement
  • Staff discounts at Hyatt properties worldwide
  • Access to training and professional development programs
Full Job Description
The Assistant Director of Finance supports the Director of Finance in overseeing all financial operations of the hotel, ensuring accuracy, efficiency and adherence to financial regulations and standards. This position is responsible for the oversight of the hotel's Finance Department's day-to-day operations, maintaining internal controls, partnering with managers on expense management and general ledger operations, providing training to finance team members and special projects as assigned, in line with Hyatt Corporate standards while meeting guest and owner expectations. Other responsibilities will include the following : • Prepare and review all journal entries, month-end reports, and reconciliations. • Review preliminary financial statements with Director of Finance • Participate in monthly financial reviews and support Director of Finance with the presentation of these reports. • Supervise Finance and Procurement staff and the Information Technology functions of the hotel including coaching and counseling associates to reflect Hyatt service standards and procedures, interviewing, training, and evaluating performance of staff. • Manage and help oversee hotel on and off-site accounting functions to ensure proper fiscal management, timely and accurate reporting, and analysis for the hotel. This responsibility also includes hotel financial planning, budgeting, accounting, and cash management. • Systems administration, G/L account reconciliations, budget preparations, inventories, monthly closings, and full P&L responsibility. • Assist with managing and ensuring SOX compliance- monitor internal controls and implement corrective measures as needed. • Manage the audit process- Participate in and respond to auditor requests to ensure total hotel compliance. • Help prepare all monthly and annual financial statements. Investigate, review and analyze the variance explanations, involving the department staff in this process. Proactively manage troubleshooting for relevant cost controls and revenue enhancements. • Support Director of Finance with special reporting and ad hoc analysis . The salary range for this position is $80,900 - $129,200 . This is the pay range for this position that Hyatt Regency Long Beach reasonably expects to pay. Decisions regarding individual salaries will be based on a number of factors, such as experience and education.

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