REPORTS TO

Chief Accounting Officer

JOB DESCRIPTION

Oh So Original, Inc. is seeking an experienced Director of Finance to oversee the accounting and payroll departments of hotel properties. The Director of Finance will provide day-to-day guidance to the team and ensure a timely and accurate reporting of the monthly financial statements to the Executive Team.  Schedule and coordinate the preparation and presentation of the annual operating budget.  Prepares monthly hotel financial statement package in accordance with USALI and Generally Accepted Accounting Principles.  Ensure entries required for preparation of the financial statements are completed by the accounting team. Review statements for inaccurate data and make corrections within the following period.  Present monthly financial statements with actual vs budget variance, and current period vs prior period variance, to the Executive Team. Manage communication across departments to obtain variance explanations.  Ensure accounting records are in accordance with USALI and GAAP.  Provide guidance and oversight to the Property Controller and work closely with the hotel accounting team.  Ensure bank reconciliations are completed daily and maintain effective cash control systems with internal audits and reports.  Review payroll entries for accuracy.  Prepare labor cost and hospitality specific analysis as requested. Formulate practical solutions from cost vs benefit viewpoint.  Monitor cash positions and ensure cash forecast is completed on a weekly basis.  Ensure teams are following the month-end close process and accounts are properly reconciled. Alert CAO to inconsistencies and issues.  Review Accounts Receivable Aging monthly ensuring timely collection and understanding of late accounts.  Review Accounts Payable Aging ensuring vendor payments and understanding of vendor issues.  Work with Department Managers to control inventory balances according to established realistic par levels.  Review security over assets and audit inventories.  Assist managers in analyzing financial statements and meeting budgets.  Ensure compliance with financial and accounting practices, procedures, and policies.  Understanding of all pertinent leases, contracts, agreements, covenants, and restrictions.  Knowledge of City, County, State sales tax laws and laws dealing with innkeepers, liquor, and labor.  Skilled at correcting deficiencies on internal audits and issues that arise.  Establish an effective cross training program within the department.  Perform special projects as assigned. Experience, Skills and Knowledge  B.S. in Accounting or Finance  10+ years' experience in Hospitality related Finance and Accounting  Comprehensive knowledge of USALI and GAAP  Experience with Fairmas or similar budgeting and forecasting application  Experience with Opera Cloud or similar property management system  Experience with NetSuite or similar accounting, payroll and timekeeping system  Strong analytical and problem-solving skills  Strong leadership and managerial skills  Strong organizational skills that reflect ability to perform and prioritize multiple tasks seamlessly with tact and diplomacy  Excellent ability to communicate clearly, effectively, and with proper professionalism  Excellent writing skills and exceptional attention to details  Self-motivated, disciplined and flexible with ability to adapt to change  Commitment to high professional ethical standards  Impeccable ability to maintain confidentiality