Assistant Director of Finance

Full Time
New York, NY
Posted
Job description

ASSISTANT DIRECTOR OF FINANCE – OVERVIEW



We’re looking for a self-starter with attention to detail to join our team. Reporting to the Area Director of Finance New York, you’ll further your hotel finance experience by taking ownership of the hotels Operating and Financial reporting, leading and supported by a team of 3, partnering with the Hotel Manager, VP Operations, Director of Sales and other DOFs across the US to strengthen reporting and build the brand as we investigate new hotels to join the group. The Assistant Director of Finance is also responsible for focusing on the profitability of the business, maintaining accurate and timely financial reporting, ensuring acceptable levels of internal controls, ensuring compliance with all federal, state, and local regulations, and safeguarding owners/investors assets.


WHO ARE WE
Founded in 1995, Generator is the leading boutique and lifestyle accommodation brand with a robust and growing across Dublin, London, Copenhagen, Hamburg, Berlin, Venice, Barcelona, Paris, Amsterdam, Stockholm, Rome, Madrid, Miami Beach, Washington D.C. and New York. Pioneers of affordable lifestyle and masters of the social experience, all Generator properties have redefined their respective markets with design-forward room types from shared to private bedrooms, co-working and casual public areas, exceptional bars, cafes and a variety of private event spaces - from street facing to penthouse suites and roof tops. Generator was recently awarded its first third-party management agreement for The Paramount Hotel and subsequently taking over another third-party management agreement in Berlin.

Our spaces are safe and seriously social, in the proudest part of the beating heart of the cities we love. Cultural action, creative pulse and an outstanding way to waste some of the finite time the universe has given you - that's what Generator offers. Holds true for staff and visitors equally, and while chic design is always the backdrop, every Generator in every destination reflects the unique beat of that city's heart.


ABOUT PARAMOUNT HOTEL NEW YORK

Paramount Hotel is a New York City landmark located just steps from Times Square. Constructed in the French Renaissance style by Thomas W. Lamb in 1927, the building reflects the theatrical character of its neighborhood. The bustle of the street disappears as you step inside - with its two-story lobby, reflective fireplace, dramatic lighting, and rich textures, it sets the stage for a hip, indulgent experience. Recently updated but retaining its historical charm, the Paramount Hotel is standing out – as the only hotel near Broadway NYC with genuine personality.

Kind of a “no brainer” to take this iconic hotel with us on our Generator journey. While making sure to keep its rich character - we are giving it the best parts of our Generator DNA in order to transform this into a social driven, loud and welcoming community hot spot (with some kick-ass parties & events, of course).


What’s the job?

NUTS AND BOLTS OF THE JOB

  • Coordinate the completion of all forecasts and budgets as required, with the full and active participation department managers.
  • Analyze financial data and operations in order to assist and advise management in maintaining the hotels’ financial objectives.
  • Ensure that all balance sheet accounts are reconciled on a timely basis.
  • Effectively manage and communicate cash flow related issues, as required to management and ownership.
  • Establish and continually audit all internal financial controls including purchasing, cash handling, disbursements, credit extension, inventories, assets, master keys, payroll, and records.
  • Direct and/or prepare all financial reports in accordance with the company’s requirements meeting various due dates and deadlines.
  • Responsible for evaluating the financial impact on business decisions.
  • Ensures that all levels of management are promptly notified of any financial deviations from established policies and/or control weaknesses in the hotel.
  • Monitor hotel revenues and expenses and ensure the accurate recording in accordance with the established guidelines. Investigate and critique variances to budget or to prior year.
  • Assist the Development team to monitor and track the upcoming hotel renovation
  • Ensure hotels’ compliance on all regulatory licenses and permits, leases, contracts, legal agreements, and the proper execution of all operational taxes.
  • Continually focus on training and development programs for finance associates to cultivate the “brightest” and “best” talent within the industry.

Naturally this is not intended as an exhaustive list of duties. Other duties as may be reasonably required will form part of this job description.



WHAT’S IN YOUR DNA

  • Enthusiastic, highly motivated and guest driven
  • Excellent interpersonal and communication experience, both verbal & written


YOUR EXPERIENCE

  • 5 years of related progressive experience in hotel Accounting or related field; or a degree with an Accounting/Finance concentration and a minimum of 4 years of related progressive experience;
  • Experience with Exact & Lucanet, a bonus but not necessary


OUR GLOBAL BENEFITS

  • Birthday holiday in addition to your yearly holiday allocation
  • Employee Bounty Program providing opportunities to earn up to $1,000 for new hire referrals
  • Company contribution towards gym membership fees for all eligible employees
  • Ideas Award - Quarterly award to double gross basic salary for 1 month to employee with most valuable suggestion/feedback
  • 2 free nights’ accommodation across any hostels (subject to availability)
  • Reduced room rates for staff as well as friends and family members (we operate in 16 locations across Europe & US so your next holiday is sorted)
  • Social events and celebrations calendar
  • Various employee recognition schemes
  • Online learning tools

SO YOU THINK THIS MIGHT BE YOU?
That's cool. Send us your application in English, preferably via email. If you’ve got questions call us, or check www.jobs.staygenerator.com where you may well find the answers to life, the universe and everything, including why there are no penguins at the North Pole. We look forward to hearing from you.

Employment Requirements: Employees must be able to furnish necessary identification providing eligibility to work in the United States as defined in the immigration Reform and Control Act of 1986 (IRCA). If hired, the employee must complete and submit an Employment Eligibility Verification (Form I-9) at the start of employment. This position does not offer sponsorship of Work Visas.

Generator x Freehand is an Equal Opportunity Employer and Drug Free Work Place.

Join Us and help us achieve our Vision!

INDHOTEL

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