Director of Finance, SLS South Beach

Company Description

From our dazzling location in the heart of Miami, SLS offers both our staff and our guests a hip, cutting-edge experience in the world of hotels as theater.

We have an exciting job opportunity to join our Finance Team as the Director of Finance located at SLS South Beach, Miami.

JOIN THE SLS FAMILY TODAY!

Job Description

Job Purpose :

Under the general guidance of the General Manager this position is responsible for providing consistent leadership in the financial area of the hotel by supplying management 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.

Duties & Functions

• Manage and communicate cash flow related issues which includes the accurate and timely preparation of cash flow statements, management of receivables, payables, cash balances, control mechanisms and timely deposits of all funds
• Monitor hotel revenues and expenses and ensure the accurate recording in accordance with the hotel established guidelines
• Creates annual budgets and monthly variance analysis
• Monitor the accurate production of the hotel daily operating report
• Direct and / or prepare all financial reports in accordance with requirements meeting various due dates and deadlines
• Investigate and critique variances to budget or to prior year and offer practical improvement methodologies to management
• Monitor the capital planning process by assisting management with the calculation of return on capital improvements, gathering support and monitoring the bid process, and ensuring proper upkeep of the property by evaluating scope of work and specifications
• Complies with Standard Accounting policies and procedures and internal controls for finance and accounting operations
• Ensure hotels’ compliance on all regulatory licenses and permits, leases, contracts, legal agreements, and the proper execution of all operational taxes
• Provide assistance to management in enforcing compliance on all these items
• Analyze financial data and operations in order to assist and advise management in maintaining the hotels’ financial objectives.

Ensure that all balance sheet accounts, including bank reconciliation’s are reconciled on a timely basis

• Embrace a continuous growth environment by actively providing feedback, coaching and supporting the hotel’s operational leader
• Hire, train, supervise and develop Finance team, including coaching and counseling
• Timely interacts with Executive Committee members to assure that property operations are on track and under control at all times
• Any other reasonable duties as assigned by the supervisor or manager
• We recognize we are in the hospitality industry and that may require us to provide lateral service. We will on occasion call for each individual in the team to on a routine basis perform various related tasks as needed in the spirit of providing exceptional guest service

ADDITIONAL RESPONSIBILITIES

• Communicate effectively, both verbally and in writing, to provide clear direction to the venue teams.
• Communicate with employees using a positive and clear speaking voice, listen to and understand requests, respond with appropriate actions and provide accurate information.
• Remain calm and alert, especially during emergency situations and / or heavy restaurant activity, serving as a role model for team and other employees.

Interact with other department personnel and venue staff as needed.

• Make decisions and take actions based on previous experience and good judgment, sometimes revising procedures to accommodate unusual situations.
• Develop and implement cost saving and profit enhancement measures within your scope of responsibility.

To be aware of and ensure constant compliance with all necessary operational policies including :

Health and SafetyFood HygieneMaintenanceEmergency ProceduresLiquor Licensing

SUPPORTIVE FUNCTIONS

In addition to performance of the essential functions, this position may be required to perform a combination of the following supportive functions, with the percentage of time performing each function to be solely determined by the supervisor based upon the particular requirements of the company.

• Attend mandatory meetings including divisional meetings, staff meetings, etc.
• Participate in community events and ensure corporate social responsibility goals of the company are met.
• Utilize traditional software programs such as Microsoft Office (Word, Excel, Outlook, and PowerPoint), Micros, ADP, Open Table and any departmental specific systems used.
• Keep work area clean and organized.
• Ensure confidential documents are kept in a secured area.
• When disposing confidential documents that contain any personally identifiable information, they must be shredded or pulverized.
• Complete other duties as assigned by the Ownership or Corporate Offices.
• Demonstrate positive leadership characteristics, which inspire Team Members to meet and exceed standards.
• Ensure that all staff follows and are in compliance with the company’s policies and procedures.

OTHER DUTIES

Assimilate into the company’s culture through understanding, supporting and participating in all the company elements.

Demonstrate working knowledge of the service standards.

• Regular attendance in conformance with the standards, which may be established by the company from time to time, is essential to the successful performance of this position.
• Due to the cyclical nature of the hospitality industry, employees may be required to work varying schedules to reflect the business needs of the property.

SAFETY REQUIREMENTS

Personal Protective Equipment (PPE) may be required when performing work duties that may have the potential of risk to your health or safety.

The restaurant will provide the required PPE. Team members will be trained in the proper use and care of any assigned PPE.

It is your responsibility to report defective, damaged or lost PPE, or equipment that does not fit properly, to your Manager.

GROOMING / UNIFORMS

All employees must maintain a neat, clean and well-groomed appearance. Specific uniform guidelines and / or required articles of clothing will be explained to you as a part of the orientation process.

OTHER

Additional language ability preferred.

Qualifications

SPECIFIC JOB KNOWLEDGE, SKILL AND ABILITY

The individual must possess the following knowledge, skills and abilities and be able to explain and demonstrate that he or she can perform the essential functions of the job, with or without reasonable accommodation.

• Bachelor’s degree in Accounting / Finance preferred
• At least 3+ years of prior Director of Finance experience, preferably in an upscale or lifestyle brand hotel
• At least 8 + years of progressive Finance experience, preferably in upscale or lifestyle brand hotels
• Considerable skill in math and algebraic equations using percentages.
• Ability to walk, stand, and / or bend continuously to perform essential job functions.
• Exceptionally strong ability to communicate in English, both orally and in writing, with guests and employees, some of whom will require high levels of patience, tact, and diplomacy to defuse anger and to collect accurate information and to resolve problems.
• Ability to work under pressure and deal with stressful situations during busy periods.
• Ability to access and accurately input information using a moderately complex computer system.
• Proficient in Windows Office : Word, Excel, PowerPoint, Publisher, etc.
• Dynamic, proven leader demonstrating entrepreneurial spirit, innovative thinking, change leadership and focus on coaching and team motivation.
• Experience managing luxury brands.
• Must be innovative, organized, efficient and able to prioritize multiple projects while working with a team
• Exceptional interpersonal skills required, must be able to present self professionally at all times
• Must be able to effectively communicate with all levels of an organization
• Strong work ethic and self-starter who is a team player and comes with a can-do attitude

Additional Information

All your information will be kept confidential according to EEO guidelines.