Director Of Finance

Assistant Director Of Finance

Rosewood Washington, D.C. is seeking a dedicated and detail-oriented Assistant Director of Finance to join our team! Nestled in the heart of historic Georgetown, our property blends timeless elegance with modern luxury, and our passionate team is committed to delivering intuitive, heartfelt service that reflects the spirit of Relationship Hospitality.

Overview:

The Assistant Director of Finance is responsible for directly managing the Accounting Department's daily activities. This role is instrumental in ensuring the accurate processing of financial transactions, optimizing cash flow, and maintaining positive relationships with guests and vendors. The Assistant Director of Finance is a key contributor to the financial stability of the hotel and will work with cross-functional teams to streamline processes, provide guidance and improve overall financial performance. You will assist with preparing an accurate financial statement each month and helping with balance sheet reconciliations.

Responsibilities:

Maintain complete knowledge of and comply with all Rosewood departmental policies, service procedures and hotel standards.

Ensure that standards are maintained at a superior level on a daily basis.

Coordinate the month-end closing process.

Prepare journal entries in accordance with required procedures.

Prepare balance sheet reconciliations on a monthly basis; provide backup for each account.

Clear reconciling items promptly.

Hire, coach, counsel and motivate Accounting Staff.

Ensure general ledger accounts adhere to Uniform Chart of Accounts and company policy.

Count General Cashier Safe no less than once a month; report results to DFBP.

Prepare 8029 filing by February 28th of each year.

Ensure 1099's are filed by January 31st.

Ensure W2's are filed by January 31st.

Ensure quarterly tip education is performed.

Maintain and update contract file.

Ensure all taxes are filed and prepared accurately each month. (I.e., sales, occupancy, etc.)

Prepare and participate with annual public accounting firm audit of books and records, owner audits and corporate office audits.

Prepare annual performance reviews of staff.

Cover responsibilities of DFBP in their absence.

Participate in required meetings.

Process payroll on a bi-weekly basis and handle all payroll reporting and journal entries

Maintain accounts receivable by billing clients and guests, attending credit and BEO Meetings, and preparing related month-end journals.

Directly handle all/any taxing authority audits, defending any inaccuracies presented in an audit.

Perform any special projects required by DFBP.

Perform self-audits within finance department.

Maintain end of month work papers in organized and easily accessible files.

Maintain a tax calendar noting due dates each year

Balance intercompany accounts.

Assist in the preparation of budgets; help to maintain compliance to budget guidelines.

Maintain/update the check book.

Assist with Financial trainings on SOP and Birchstreet PO system.

Must be able to be flexible with working hours

All other duties as required.

Qualifications:

Experience: Minimum two years' experience in hotel accounting preferred.

Education: Bachelor's degree in accounting or finance preferred.

General Skills: Must be able to perform job functions with attention to detail, speed and accuracy; prioritize, organize and follow-up; be a clear thinker, remaining calm and resolving problems using good judgment; follow directions thoroughly; understand a guest's service needs; work cohesively with co-workers as part of a team; work with minimal supervision; maintain confidentiality of guest information and pertinent hotel data.

Technical Skills: Ability to input and access information into all hotel systems; ability to maintain concentration and think clearly; ability to prioritize, organize and follow-up; ability to promote positive relations with staff; ability to maintain confidentiality of Accounting information; ability to perform job functions with minimal supervision; ability to remain stationary at assigned post for extended periods of time; ability to focus on details and resolve numerical problems; ability to work cohesively with other departments and co-workers as part of a team; ability to perform multiple tasks at one time.

Language: Required to speak, read and write English, with fluency in other languages preferred.

Physical Requirements: Must be able to exert physical effort in transporting a minimum of 35 pounds, endure various physical movements throughout the work areas, reach up and down, remain stationary at times throughout work periods, and satisfactorily communicate with guests and co-workers to their understanding.

Licenses & Certifications: None required.

Salary: $90,000 - $95,000

At Rosewood Washington DC, we offer Competitive Benefits:

Medical, Dental, Vision Benefits from United Healthcare

Competitive Pay Rates

401k Plan and after 1 year up to 3% Match

Paid Time Off (Vacation, Holidays, Sick and more)

Complimentary Room Nights- up to 12 per year

Restaurant Discount- 50% off F&B

Complimentary Meal during your shift

Life Insurance and AD&D

Complimentary Short-Term Disability

Long-Term Disability

Pre-tax commuter benefits

Flexible schedules

Tuition Reimbursement up to $500 per year after 1 year of service

A clear career pathway - career advancement opportunities