Assistant Director of Finance

Description

Extell Hospitality Services

Extell Hospitality Services is a dynamic extension of Extell Development Company, blending expertise in asset management, hotel and food & beverage operations with fiscal precision and innovative marketing. Headquartered in New York City and Deer Valley, Utah, Extell Hospitality Services is committed to elevating the art of hospitality with strategic, results-driven excellence.

Location

Perfectly positioned at Rockefeller Center’s doorstep with a bird’s eye view of the bustling plaza below, the 33-story design-forward hotel, developed by Extell, offers expansive, coveted views of the city skyline. The third New York City addition to the Kimpton portfolio, the striking tower features 529 guest rooms and inspired social spaces, including two full-service restaurants, a lobby lounge and a rooftop bar. Additional amenities include a fitness center and two spaces to host unique meetings and social gatherings.

Overview

The Assistant Director of Finance plays a crucial role in supporting the financial operations of [Hotel Name] . This position works closely with the Director of Finance to ensure the accuracy and integrity of all financial records, maintain compliance with company policies and external regulations, and contribute to the overall financial health of the hotel. The ideal candidate will be detail-oriented, highly organized, and possess a strong understanding of hotel accounting pri nciples.

Key Responsibilities

• Financial Operations & Reporting:
• Review and process payroll, any payroll-related reports, and Journal Entries.
• Review night audit reports.
• Perform daily tax reconciliation.
• Manage accounts payable and travel agent commissions for groups.
• Assist with month-end journal entries and month-end reporting.
• Audit & Reconciliation Support:
• Assist with Balance sheet accounts reconciliations.
• Assist during quarterly and yearly audits.
• Financial Management & Budgeting:
• Prepare, manage, and adhere to the departmental budget, controlling labor costs, supply expenses, and linen inventories.
• Analyze financial data and implement strategies to improve profitability and efficiency without compromising quality.
• Team Support & Development:
• Assist with any ad-hoc assignments as needed.
• Provide training to Accounting Manager.
  

Qualifications

Minimum of 3-5 years of progressive experience in hotel finance, with at least 2-3 years as an Assistant Director of Finance in a hotel setting. Proven experience in a high-volume, fast-paced urban market, preferably New York City. To perform this job successfully, the employee will possess the abilities or aptitudes to perform each duty proficiently with or without reasonable accommodation.

Skills

• Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or government regulations. Ability to write reports, business correspondence, and procedure manuals.
• Ability to understand balance sheets and revenue vs expense accounts. Must have working knowledge of general ledger and chart of accounts.
• Excellent computer skills, including at intermediate knowledge of Excel. Ability to work extensively on a computer and remain in a sedentary position for extended periods of time.
• Ability to work a flexible schedule.
  
  

Why Join Extell Hospitality Services?

EHS is dedicated to delivering exceptional hospitality through operational excellence and innovative strategies. This role provides an opportunity to lead a high-profile property and contribute to the success of a flagship operation in one of the world’s most dynamic environments.

Typical Compensation Range

• Base Salary: $105K - $125K
  
  

Additional Considerations

• Benefits: Comprehensive health, dental, vision, 401(k) matching, and other standard perks.