Assistant Director of Finance

Roles and responsibilities

The Assistant Director of Finance will support all activities performed by the Director of Finance, to include but not limited to, understanding and driving financial performance, ensuring timely and accurate financial reporting and month-end closing activities, co-ordinating and reviewing monthly financial statements in accordance with Generally Accepted Accounting Principles (GAAP), Uniform System of Accounts and Hilton policies and procedures. Specifically, you will be responsible for performing the following tasks to the highest standards:

• Ensure a smooth operation of all hotel finance activities in full compliance with the policy, regulatory and contractual framework.
• Business partner with all hotel finance team members and the Hotel Management team, and supports the Director of Finance in developing excellent working relationships across a broad range of internal and external stakeholders, including Commercial, IT, Procurement, Operations, Shared Service Centers (where applicable), Owners and Assett Managers as well as Regional Operations Finance.
• In absence of the Director of Finance, the Assistant Director of Finance will assume responsibilities of the department lead.
• Support the Director of Finance to develop best-in-class hotel Finance teams, including participation in all relevant Finance development programs.
• Financial Reporting: Oversee the preparation of financial statements and reports to ensure accuracy and compliance with regulations.
• Budgeting: Assist in developing and monitoring the organization’s budget, analyzing variances, and forecasting future financial trends.
• Financial Analysis: Conduct financial analyses to support decision-making, including profitability analysis and cost-benefit assessments.
• Compliance: Ensure compliance with financial regulations and internal policies, coordinating audits and addressing any findings.
• Team Leadership: Supervise finance team members, providing guidance and support for professional development.
• Strategic Planning: Collaborate with senior management on financial strategy and long-term financial planning.
• Cash Flow Management: Monitor cash flow and liquidity, optimizing working capital and managing investment strategies.

Desired candidate profile

• Ability to analyze large volume of complex financial information from many sources and create reports, forecasts, and projections
• Strong problem solving skills, including ability to effectively address any issue in collaboration with others as appropriate
• Ability to proactively identify and prevent potential problems
• Ability to help develop problem solving skills among direct reports and other team members as appropriate
• Ability to take initiative to identify, prioritize and implement all elements required for team to fulfill responsibilities
• Ability to manage and develop staff
• Detail oriented and organized
• Ability to develop presentations and effectively present to all levels of company, hotels & owners
• Strong communication and negotiation skills (all levels of management and external customers)
• Proficient in MS Excel, Word and Outlook with the ability to quickly learn new programs when required
  
  

Additional Preferences:

• University degree in Accounting or Finance