Director of Finance - LUXE Hotels

The Luxe Sunset Blvd Hotel is looking to add a Director of Finance to our team. When you join the Luxe family, you enter a world of possibility!

A boutique retreat in the heart of Los Angeles, Luxe Sunset Boulevard Hotel provides an oasis of elegance and style by welcoming guests to one of California's most distinguished addresses.

Luxe Sunset Boulevard Hotel is a stunning property at the crossroads of Brentwood and Bel-Air. Located within minutes of UCLA, the Getty Museum, and the Skirball Cultural Center, our convenient location makes accessing the best of LA easy.

Departments: Finance
Accountable To: General Manager
Status: Exempt
Salary Range | Employer Estimate: $127,000- $140,000 base

Areas of Accountability:

• Responsible for the overall operation of the accounting department.
  • Delegates authority and responsibility to appropriate staff.
  • Provides for the orderly reporting of financial matters by developing appropriate systems and procedures.
• Provides guidance for management by directing, preparing, and providing accurate financial analyses.
  • Assures compliance with the internal controls.
  • Investigates problems that may arise in reporting of hotel operations.
  • Proves that systems are working accurately by performing audits.
  • Directs and maintains flow of communications.
  • Analyzes variances to budget in operating statement, making appropriate recommendations.
  • Audits weekly cost and expenses.
  • Identifies operational areas that are inefficient and suggests possible solutions to the Executive Committee.
• Achieves best possible financial status for the hotel by performing a variety of control functions.
  • Optimizes cash flow.
  • Complies with all applicable laws, rules, and regulations by preparing and filing tax and license information returns.
  • Assures collection of accounts receivable.
  • Reviews and maintains files in all contractual obligations of the hotel.
• Meets and exceeds the expectations of the employees by utilizing leadership skills and motivational techniques in order to maximize employee productivity and satisfaction of direct reports.
  • Develops and implements strategies to achieve financial goals.
  • Recommends, approves and confirms employee salary increases.
  • Ensures that disciplinary action is taken as required utilizing constancy, fairness and respect.
• Prepares reports as requested to develop a more informative databases for improved management decision making and critical evaluation of work activities.
• Establish an understanding and appreciation of the cultural values and ideology of Luxe Sunset Boulevard Hotel and create a work environment that embodies these values and ideology through promotion of teamwork, accountability, empowerment, performance feedback, recognition, mentoring and overall colleague engagement.
• Oversee the monthly and annual accounting and financial reporting and analysis functions for owned Luxe Hotels in accordance with GAAP and Hotel Industry and other relevant regulatory and advisory organizations, and in accordance with financial management techniques and practices used within the hospitality industry.
• Oversee and review the annual Company IRS and Tax compliance.
• Support Ownership Financial Management – as requested.
• Oversee and review the annual Company and hotel budget process conducted by the Company’s hotel accounting and finance teams.
• With the general manager and other senior leaders, develop annually a strategic business and financial plan for the Company that translates into measurable annual operating and capital budgets in line with shareholder ROI objectives.
• Oversee preparation and delivery of all financial presentations to the Company’s lenders, partners and investors.
• Oversee the development and implementations of COSO internal controls framework for risk management and self-assessment tools across the Company and its Affiliates.
• Oversee the development and implementation of an integrated, flexible and sustainable tax and treasury strategy that optimizes shareholder objectives for the Company and its Affiliates.
• Working with the General Manager, other senior executives and the Company’s information technology team, oversee the development and ongoing upgrades of the Company and its Affiliates information technology offerings to ensure PCI compliance and facilitate best in class offerings for guest facing and back of house technology solutions.
• Evaluate the Finance division structure and team; plan for continuous improvement of the efficiency and effectiveness of the team and provide opportunities for professional and personal growth among colleagues in the division. The DOF’S success will be measured in part by the creation of a leadership pipeline for the Company and its Affiliates organization.
• Develops and implements strategies in conjunction with Executive Committee to achieve budget and financial goals.
• Maintains safe and secure environment for clients and employees.
• Keeps General Manager fully informed of all problems or financial matters of significance.
• Performs all duties and responsibilities in a timely and efficient manner in accordance with established company policies and procedures to achieve the overall objectives of this position.
• Maintains a favorable working relationship with all other company employees to foster and promote a cooperative and harmonious working environment.
• Adheres to company policies and procedures.
• Attends work as scheduled.
• Follows hotel’s dress and grooming standards.
• Minimizes safety hazards by following all safety rules and procedures.
• At all times, projects a favorable image of Luxe Hotels to the public.

Benefits:

• Medical, Dental, Vision and Life Insurance
• FSA Medical
• Cellphone Reimbursement
• Short Term Disability and Long-Term Disability
• 401(K) Plan (up to a 6% match)
• Vacation and Sick Leave
• Tuition & Wellness Reimbursement
• Employee Dry Cleaning
• Employee Meal and Parking

Luxe Hotels is proud to be an Equal Opportunity Employer.

About Luxe Hotels:

Although Luxe is the brand name of our Hotels, "Luxe" is an experience built around ideals of timeless hospitality, innovative services, and unexpected solutions. Luxe hotels are like home, only better. At Luxe, we go beyond service and strive to relate to our guests. Everyone entering our hotel brings something new and different – a unique journey and experience. Our job is to recognize and respect that journey in every interaction. Every person truly is an entire world!

With this in mind, we seek employees who share our values and desire to deliver a gracious guest experience with sincere commitment. We accomplish this by making our guests feel cared for and known when they stay or dine with us. Their preferences are considered; their expectations are constantly exceeded, but meeting their needs is only the beginning of what we do to make them feel like they belong.