Assistant Director of Finance

Hyatt Hotels Corporation

$80K — $95K *
Hospitality & Recreation
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 2+ years of progressive finance experience, ideally in hospitality or retail
  • Bachelor's degree in Accounting, Finance, Hospitality or related field preferred
  • Experience supervising finance staff
  • Familiarity with financial systems like POS (Simphony, Infrasys), PMS (Opera), Oracle, ADP/Enterprise, Kronos
  • Strong communication skills in English, both written and verbal
  • Proficiency in Microsoft Office Suite

Responsibilities

  • Support the Director of Finance in overseeing hotel financial operations
  • Prepare and review journal entries, month-end reports, and reconciliations
  • Supervise Finance and Procurement staff, ensuring adherence to Hyatt standards
  • Manage hotel accounting functions to ensure timely and accurate financial reporting
  • Assist in managing SOX compliance and internal controls
  • Participate in the audit process and respond to auditor requests
  • Prepare and analyze financial statements, with a focus on variance explanations

Benefits

  • Opportunity to work with diverse teams and develop leadership skills
  • Access to Hyatt's corporate standards and training resources
  • Engagement in strategic financial initiatives that impact overall hotel performance
  • Possibility of involvement in special projects with cross-functional collaboration
  • Supportive environment fostering professional growth and internal mobility
Full Job Description
Summary:
The Opportunity

Hyatt seeks a Finance Business Partner who embraces the principle of agile and is committed to cross-function collaboration aimed at implementing strategic financial strategies aligned with business objectives to deliver on key priorities for all stakeholders.This role reports to the Director of Finance and is pivotal in driving the hotel's achievements and profitability . This full-time role offers flexible scheduling with opportunities to work remotely.

The Role

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 meetingguest 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 staffand 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 fullP&L responsibility.
• Assist with managingand ensuring SOX compliance- monitor internal controls and implement corrective measures as needed.
• Manage the audit process- Participate inand respond to auditor requests to ensuretotal 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.

Qualifications:
Experience Required:
• 2 years or more of finance career progression; preferred experience in hospitality, retail, or related industry.
• Degree in Accounting, Finance, Hospitality, Business or related field preferred.
• Experiencesupervising/directing staff members.
• PriorPOS (Simphony, Infrasys), PMS (Opera), Oracle, ADP/Enterprise, Kronos, expertise desired
• Demonstrated ability to effectively interact with people of diverse socioeconomic, cultural, disability, and ethnic backgrounds.
• Clear and concise written and verbal communication skills in English
• Proficiency in Microsoft Office products

The position responsibilities outlined above are in no way to be construed as all encompassing. Other duties, responsibilities, and qualifications may be required and/or assigned as necessary.

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