Royal Sonesta Cambridge, MA, USA
20 hours ago
Assistant Director of Finance

Job Description Summary

Assists the Director of Finance in overseeing all financial functions related to the accounting and internal control over the financial reporting, assets and liabilities of the Hotel.
Performs oversight, control and audit tasks surrounding the Hotel’s accounts receivable, balance sheet reconciliation, accounts payable, payroll and income audit functions.
Provides management with accurate and timely monthly financial statements and completes comprehensive and detailed workpapers supporting same.
Assists Director of Finance with preparing budgets and financial forecasts.
Assists in the innovation of new local policies and procedures to improve current financial and accounting systems.
Provides direction, training and supervision to staff performing financial and accounting functions.
Assumes responsibilities of the Director of Finance and the Payroll Department in periods of absence of the Director of Finance.

Job Description

Properly train, guide and lead staff to provide accurate and timely financial information.Provide management services and work on special projects as assigned by Director of Finance.Oversee daily administration of financial transactions to ensure that the Hotel’s revenues and expenses are recorded as required by GAAP and the Uniform System of Accounts for the Lodging Industry (USALI)Understand duties of your staff and provide cross-training within the Hotel departments as neededRecruit, interview, hire, supervise train and develop staff in accordance with the organization’s policies and procedures and applicable state and local laws.Schedule, control, promote and discipline your staff according to organization’s policies and applicable laws.Lead and attend departmental meetingsMake sure management and guests receive accurate and timely accounts receivable reports and invoicesSee that all travel agents, refunds and cancelled advance deposits are paid quickly and accuratelyEnsure all vendors are paid correctly, timely and with proper authorization and account distributionOversee computer operations to maintain even flow of work and that equipment is maintained properlyExert control over Profit and Loss statement accounts and protect company assetsEnsure timely and accurate collection of Accounts ReceivableAssist in the completion of timely and accurate annual budget and periodic forecastsWork with hotel accounting staff to prepare accurate and timely month-end and year-end financial reportsWork with division leaders to provide comprehensive management of Hotel operationsEnsure accurate personnel and payroll records are keptDetermine that all recurring journal entries are prepared correctlyDetermine that all tax reports are prepared on timeReconcile all bank accountsEnsure all monthly close tasks and ongoing SOX 404 Key Controls conform to Sonesta policies and proceduresAssist in the counting and control over cash on handAssist with the ongoing administration of credit card inquiries, disputes and chargebacksPerform additional duties and projects assigned by Director of FinanceDeliver Passionate & Engaging Service to our GuestsYou will be passionate and truly engaged in taking care of our guests, recognizing individual guests and anticipating their unique needs in order to exceed their expectationsYou will consistently deliver under Sonesta’s GUEST model:Greet or welcome everyone, warmly with a smileUse eye and ear contact and guest’s nameEstablish/anticipate needsSolve and own all requests/complaintsThank everyoneBuild solid relationship with your colleaguesTreat colleagues with respect and dignity

Additional Job Information/Anticipated

Pay Range

$80,000-$95,000 Annually

Benefits

Sonesta recognizes that benefits play a vital role in helping ensure the health and financial security of employees and their families. We offer a variety of benefits to our employees including:

Medical, Dental and Vision InsuranceHealth Savings Account with Company Match401(k) Retirement Plan with Company MatchPaid Vacation and Sick DaysSonesta Hotel DiscountsEducational AssistancePaid Parental LeaveCompany Paid Life InsuranceCompany Paid Short Term and Long Term Disability InsuranceVarious Employee Perks and DiscountsHospital IndemnityCritical Illness InsuranceAccident Insurance

Upon submitting your application, please ensure you complete a full application in addition to attaching a resume. Incomplete applications received will not be considered. 

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