Assistant Director of Finance

Assistant Director of Finance - The Lake Como EDITION Trending Job Description The Lake Como EDITION Nestled along the western shore overlooking the Bellagio mountains, The Lake Como EDITION combines striking design and Italian warmth with a sophisticated luxury lifestyle experience. Lake-view rooms and suites, indoor and outdoor restaurants and bars, a unique floating pool, and a spa sanctuary deliver an unforgettable escape. JOB SUMMARY Develops and implements property-wide strategies that deliver products and services to meet or exceed the needs and expectations of the brand’s target customer and property employees. The position provides the financial expertise to enable the successful implementation of the brand service strategy and brand initiatives while maximizing the return on investment. In addition, creates and executes a business plan that is aligned with the property and brand’s business strategy and focuses on the execution of financial and accounting activities and the delivery of desirable financial results. CANDIDATE PROFILE Education and Experience4-year bachelor's degree in Finance and Accounting or related major; 1 year experience in the finance and accounting or related professional area. Master's degree in Finance and Accounting or related major; no work experience required.CORE WORK ACTIVITIES Assists in Conducting Strategic Planning and Decision MakingAssists in the development of means to improve profit, including estimating cost and benefit, exploring new business opportunities, etc. Analyzes information, forecasts sales against expenses and creates annual budget plans. Compiles information, analyzes and monitors actual sales against projected sales. Analyzes differences between actual budget wages and forecasted wages for more efficient budget planning. Identifies the underlying principles, reasons, or facts of information by breaking down information or data into separate parts. Assists in the creation of the annual operating budget for the property. Provides analytical support during budget reviews to identify cost saving and productivity opportunities for property managers. Assists in the implementation of a system of appropriate controls to manage business risks. Ensures a strong accounting and operational control environment to safeguard assets, improve operations and profitability. Analyzes financial data and market trends. Assists in the development and implementation of a comprehensive annual business plan which is aligned with the company’s and brand’s strategic direction. Provides ongoing analytical support by monitoring the operating department’s actual and projected sales. Produces accurate forecasts that enable operations to react to changes in the business.Leading Finance & Accounting TeamUtilizes interpersonal and communication skills to lead, influence, and encourage others; advocates sound financial/business decision making; demonstrates honesty/integrity; leads by example. Communicates the strategic goals, the focus and the owner priorities to subordinates in a clear and precise manner. Oversees internal, external and regulatory audit processes. Provides excellent leadership by assigning team members clear accountability backed by appropriate authority. Conducts annual performance appraisals with direct reports according to Standard Operating Procedures.Anticipating and Delivering on the Needs of Key StakeholdersAttends meetings and communicating with the owners, understanding the priorities and strategic focus. Understands and meets the needs of key stakeholders (owners, corporate, guests, etc.). Communicates financial concepts in a clear and persuasive manner that is easy to understand and drives desired behaviors. Demonstrates an understanding of cash flow and owner priorities. Manages communication with owners in an effective manner. Manages property working capital and cash flow in accordance with brand SOPs and owner requirements. Facilitates critique meetings to review information with management team.Developing and Maintaining Finance and Accounting GoalsEnsures Profits and Losses are documented accurately. Monitors all taxes that apply, ensuring that taxes are current, collected and/or accrued. Submits reports in a timely manner, ensuring delivery deadlines. Develops and supports achievement of performance goals, budget goals, team goals, etc. Reviews audit issues to ensure accuracy.Managing Projects and PoliciesGenerates and provides accurate and timely results in the form of reports, presentations, etc. Reconciles balance sheet to ensure