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Assistant Director of Finance

Sonesta International Hotels CorporationRoyal Sonesta Downtown Chicago, Illinois

$90,000 - $100,000 / year

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Overview

Schedule
Full-time
Career level
Director
Compensation
$90,000-$100,000/year
Benefits
Health Insurance
Dental Insurance
Vision Insurance

Job Description

We’re Sonesta International Hotels.The 8th largest hotel company in the U.S.—and growing fast.

An epic blend of full-service and focused hotels in major cities, Sonesta’s uniquely diverse portfolio of owned, managed, and franchised properties makes us everywhere you want to be. Driven by the human side of hospitality, we deliver service with passion, loyalty with purpose, and experiences that truly connect.

Together We Thrive—bringing quality, value, and amazing hospitality to every guest, every stay, across 1000+ properties in eight countries and counting.

Job Description Summary

Perform professional accounting duties to maintain control over expenses, income, assets and liability of the hotel to ensure the security of the assets of the company in a centralized accounting environment. Manage lower level accounting staff.

Job Description

Principle duties and responsibilities (Essential Functions) include:

Operational/Functional

  • Assist the Director of Finance and with preparation of the budget, strategic plan, and goals.
  • Perform or assist in the performance of month-end closing.  Input and reconcile all income for closing.  Prepare reports, verify trial balance, and run financial statements for management review.
  • Manage daily accounting activities for completion, including day-to-day operations and assignments of accounting staff.  Plan and organize work, communicate goals, and schedule/assign work to ensure all accounting standards are maintained. Alert management of potentially serious issues.
  • Input general ledger entries and journal vouchers, as required.  Ensure all daily transactions are posted and updated in a timely manner and in accordance with generally accepted accounting principles.  Maintain control over bookkeeping functions for the hotel to include preparation and review of information posted to subsidiary ledgers as needed.
  • Prepare tax reconciliations, payments, reports and investigate, as needed.   Maintain necessary records and back up documents required to balance taxes.  Complete monthly, quarterly and annual tax filing as required by the state, city and federal agency.
  • Perform or assist in performing balance sheet reconciliations and bank reconciliations.
  • Participate in the taking of inventories and verification of extensions on a monthly basis.  Conduct monthly credit meetings and other monthly meetings and distribute minutes, as needed.
  • Review and verify accounts payable input and output, accounts receivable posting and billing, and maintain the daily income report, ensuring all necessary schedules are completed in a timely manner.  Manage other AP and AR-related duties such as controlling accommodation advance deposits; preparing monthly invoices, monitoring house banks/investments; analyzing/investigating cashiers’ overs and shorts, etc.
  • Prepare daily, weekly and monthly reports in accordance with reporting calendars, ensuring that all reports are submitted on a timely basis.
  • Perform financial and statistical analysis, forecasting, and complete special projects as needed.

Strategy and Planning

  • Promote teamwork and quality service through daily communication and coordination with other departments.  Key departmental contacts include Catering, Sales, Reservations and Front Office. 
  • Audit payroll.
  • Supervise the Accounting department in the absence of the Director of Finance.
  • Interact with outside contacts:
    • Guests – to resolve billing disputes and answer questions; to provide service to accounts.
    • Regulatory agencies – to ensure compliance with governmental regulations and contractual agreements as needed; to coordinate external audits.
  • May ensure other accounting staff members are properly trained and have the tools and equipment needed to effectively carry out their job functions.
  • May perform additional accounting functions such as reconciling gratuities for payroll, maintaining contract logs, auditing or approving payments to vendors or agencies, reviewing the work of Income Auditors and filling in for Director of Finance, as needed in their absence.
  • May assist with other duties as assigned.

Key Qualifications and skills:

  • A bachelor’s degree in accounting, Finance, or Hospitality Management is required.

  • Minimum 2 to 5 years of progressive accounting experience is required, with a preference for experience within the hospitality or hotel industry.

  • Experience with hotel-specific systems such asOpera(PMS),Micros(POS),

  • Expert-level knowledge of MS Excel and other MS Office applications.

  • Deep understanding of Generally Accepted Accounting Principles (GAAP) and the Uniform Standard of Accounts for the Lodging Industry (USALI).

  • Proficiency in preparing P&L statements, balance sheets, and budgeting.

  • Excellent verbal and written communication skills.

  • Excellent interpersonal and customer service skills.

  • Excellent organizational skills and attention to detail.

  • Strong analytical and problem-solving skills.

  • Ability to manage, train, and mentor accounting staff, as well as work with other department heads on financial controls.

Additional Job Information/Anticipated

Pay Range

Pay range is $90,000 - $100,000 and are eligible for bonus.

The base pay offered may vary based on various factors, including but not limited to job-related knowledge, skills, and specific/overall experience.

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 Insurance

• Health Savings Account with Company Match

• 401(k) Retirement Plan with Company Match

• Paid Vacation and Sick Day

• Sonesta Hotel Discounts

• Educational Assistance

• Paid Parental Leave

• Company Paid Life Insurance

• Company Paid Short Term and Long-Term Disability Insurance

• Various Employee Perks and Discounts

• Hospital Indemnity

• Critical Illness Insurance

• Accident Insurance

Go Beyond @SonestaHotels

WHO WE ARE

We are an organization made up of people, thoughts and ideas – all working towards fulfilling our simple mission: To wow every guest, team member, partner & community we operate in by delivering quality, value & amazing hospitality.

We will achieve our mission by being passionate about exceeding expectations - by being persistent, resilient, and constantly seeking new and creative ways to succeed. Doing the Right Thing and Going Beyond are our principles that guide everything we do.

We are an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, national origin, religion, age, color, sex, sexual orientation, gender identity, disability, or protected veteran status, or any other characteristic protected by local, state, or federal laws, rules, or regulations.

Sonesta is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status or other characteristics protected by law.

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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FAQs About Assistant Director of Finance Jobs at Sonesta International Hotels Corporation

What is the work location for this position at Sonesta International Hotels Corporation?
This job at Sonesta International Hotels Corporation is located in Royal Sonesta Downtown Chicago, Illinois, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.
What pay range can candidates expect for this role at Sonesta International Hotels Corporation?
Candidates can expect a pay range of $90,000 and $100,000 per year.
What employment applies to this position at Sonesta International Hotels Corporation?
Sonesta International Hotels Corporation lists this role as a Full-time position.
What experience level is required for this role at Sonesta International Hotels Corporation?
Sonesta International Hotels Corporation is looking for a candidate with "Director" experience level.
What benefits are offered by Sonesta International Hotels Corporation for this role?
Sonesta International Hotels Corporation offers following benefits: Health Insurance, Dental Insurance, Vision Insurance, Disability Insurance, Life Insurance, Paid Vacation, Paid Sick Leave, Parental and Family Leave, 401k Matching/Retirement Savings, Tuition/Education Assistance, and Health & Wellness Programs for this position. Actual benefits may vary depending on the employer's policies and employment terms.
What is the process to apply for this position at Sonesta International Hotels Corporation?
You can apply for this role at Sonesta International Hotels Corporation either through Sonara's automated application system, which helps you submit applications 10X faster with minimal effort, or by applying manually using the direct link on the job page.