Assistant Director of FinaThe Assistant Director of Finance supports the Director of Finance in overseeing the financial operations of the hotel. This role is responsible for ensuring accurate financial reporting, maintaining strong internal controls, and supporting strategic decision-making through financial analysis and forecasting. The ideal candidate is adaptable, resourceful, calm under pressure, and thrives in a fast-paced hospitality environment.Working closely with department leaders, the Assistant Director of Finance plays a key role in maintaining the financial health of the property while ensuring compliance with all regulatory and company standards.
Key Responsibilities- Support the Director of Finance in the day-to-day financial operations of the hotel, ensuring compliance with company policies and accounting standards.
- Assist with daily audits of cash deposits, cash handling procedures, and financial transactions to ensure accuracy and proper internal controls.
- Monitor and review hotel revenues, purchases, payroll, and expenses to ensure financial integrity and cost control.
- Analyze operational and financial data to provide insights and recommendations that support effective business decisions.
- Prepare and review monthly financial statements and assist in the preparation and presentation of the Monthly Report of Operations.
- Assist with the preparation of budgets and forecasts, including annual budgets, revised forecasts, and monthly projections.
- Review tax filings to ensure compliance with federal, state, and local regulations.
- Prepare monthly accruals, including utilities and telecommunications expenses.
- Monitor inventory records and controls to ensure accuracy and proper distribution of supplies.
- Review and approve food and beverage disbursements and other financial transactions as required.
- Assist with oversight of contracts, licenses, permits, insurance documentation, and other legal agreements to ensure compliance.
- Partner with department leaders across the hotel to support financial planning, operational efficiency, and cost management.
- Assists with management and development of finance teams
Qualifications & Requirements- Previous experience as an Assistant Director of Finance, Assistant Controller, or similar finance leadership role, preferably within the hospitality industry.
- Strong financial analysis, reporting, and forecasting skills.
- Ability to analyze large volumes of complex financial data and translate insights into clear reports and recommendations for senior leadership.
- Strong organizational skills with exceptional attention to detail.
- Ability to remain calm under pressure and manage competing priorities in a fast-paced environment.
- Self-motivated with a proactive and solution-oriented mindset.
- Excellent communication and interpersonal skills, with the ability to collaborate effectively with colleagues across departments.
- Professional demeanor and ability to maintain confidentiality with sensitive financial information.
Pay Range: 95,000 - 110,000 Annually
Benefits
At Riggs Washington DC we are committed to giving our employees the skills and support required to deliver extraordinary experiences, and most importantly, to grow in their careers. On top of this we also like to offer our teams a wide range of benefits including:
Medical, Dental & Vision Insurance (for full-time employees)
6 complimentary nights a year at any Lore Group hotel
Lore Group Employee & Immediate Family Rates
Lore Group Friend and Family Rates
50% Employee discount and 25% Friends and Family discount at over 800 partner hotels via Lore Discovery
50% discount in Lore Group restaurants and bars
10 Days Vacation - Plus every year an extra day
Company Paid Life Insurance 1.5X annual salary
Employee Assistance Program
Referral Incentive
401K with 5% Match
Training and Development Programs
Additional perks via United Healthcare
Complimentary Employee Meals
Employee Recognition programs
Location: Washington, DC
