Finance Manager - The Langham, Pasadena

About Langham Hospitality Group
A wholly-owned subsidiary of Great Eagle Holdings, Langham Hospitality Group (LHG) comprises a family of distinctive brands, including The Langham Hotels and Resorts, Cordis Hotels and Resorts, Eaton Workshop and Ying’nFlo. With over 40 hotels and residences in operation or development, LHG has a global footprint that extends across Asia, Europe, North America, Australasia and the Middle East.
The Langham Huntington, Pasadena, Los Angeles is located in Pasadena, California, in the heart of an upscale residential neighborhood bursting with historic gems like Albert Einstein's former residence and famous film locations including the homes from Mad Men and Father of the Bride.
Just up the street you'll find Pasadena's vibrant shopping and entertainment district boasting theaters, boutiques, incredible restaurants and world-class museums. And the hotel is just a short drive from the rest of Pasadena's must-see spots including the Rose Bowl stadium, The Huntington Library, Descanso Gardens, Kidspace Children's Museum and much more.
Check out what’s nearby, or inquire with our concierge team for recommendations on what to see, eat, and do in Pasadena and nearby Los Angeles.
 

DEPARTMENT: Accounting & Finance

JOB TITLE: Finance Manager 

REPORTS TO: Director of Finance

PRIMARY OBJECTIVE OF POSITION:

The Assistant Director of Finance effectively manages the day to day operation of Finance Department. Primary responsibilities include financial analysis and financial reporting. Works through own Team and influences department managers to ensure appropriate control are in place to manages business risks. Assist Director of Finance and Executive Team during budget preparation, forecasting. Oversee internal and external audit and control. Balance Sheet reconciliation and cash control. Team development.

RESPONSIBILITIES AND JOB DUTIES:

· Supports the implementation of the property’s financial initiatives to support overall annual business plan. Generates and review.

· Coordinate and review daily, monthly and annual financial statements for accuracy.

· Supports the development of the annual operating budget for the property and provides analytical support during budget reviews to identify cost savings and productivity opportunities.

· Review and approve all ledger account reconciliations to include; bank statements, assets & liabilities, cash and credit cards and other related GL accounts. Monitor coding of cash receipts.

· Maintains a strong accounting and operational control environment to safeguard assets improve operations and profitability and manage business risks.

· Ensure compliance with standard and local operating procedures.

· Review and approve operational tax returns to ensure compliance with state and federal regulations.

· Oversees internal, external and regulatory audit processes and ensures compliance with Langham (LHG) Standard Operating Procedures (SOP).

· Leverages technology and effectively uses information systems and tolls to generate financial reports and provide managers with analytical support to drive decision making.

· Reconcile Balance Sheet on timely manner and ensures account balances are supported by appropriate supporting documentation in accordance with LHG SOPs (monthly/quarterly)

· Ensure federal and local tax rates are current and proper amounts are collected and/or accrued. Administers the payment of real estate/personal property taxes on time.

· Ensure hotel permits, licenses and if applicable vendor contracts are current.

· Review income audit issues and makes corrections as necessary.

· Assigns team members and other department managers clear accountability to accomplish goals.

· Participates in colleagues’ performance appraisal process, providing feedback as needed.

· Participates in colleagues’ progressive discipline procedures. Ensures hotel policies are administered fairly and consistently. Disciplinary procedures and documentation are completed according to the Standard and Local Operating Procedures and supports the Colleagues Review Process.

· Perform other duties as assigned by the Director of Finance, Corporate Finance and Hotel Managing Director.

PHYSICAL DEMANDS:

· Requires walking or standing to a significant degree.

· Ability to lift 20 lbs.

SPECIAL SKILLS REQUIRED:

· Ability to communicate orally and verbally in English with staff and outside entities

· Ability to manage large staffs.

· Ability to analyze large volume of complex financial information from many sources and create reports, forecasts projections

· Understanding of complex computerized financial systems and ability to use it including manual dexterity to operate all office machines

· Knowledge of various computer programs, such as Word and Excel (strong knowledge of excel and big data analysis which include financial metrics)

· Detail oriented and organized. Polite and “lead by example – hands on” Leader.

· Ability to effectively deal with guest and team members concerns in a friendly and positive manner, listening to the nature of the concern, demonstrating empathy with the customer/team member and providing positive and proactive solutions

· Familiar with the Uniform System of Accounting for Lodging Industry (USALI).

EDUCATION REQUIRED:

· Bachelor’s Degree in Accounting / Finance, or Business Administration with accounting credits is the must.

EXPERIENCE REQUIRED:

· Min four to six years hospitality accounting experience required.

· Must have experience directly supervising employees (4+)

Salary Range:

$88,000 - $90,000

NOTE:

This description excludes non-essential and marginal functions of the position that are incidental to the performance of the fundamental job duties. Furthermore, the specific examples in each section are not intended to be all-inclusive. Rather, they represent the typical elements and criteria considered necessary to perform the job successfully. Other job-related duties may be assigned by the associate’s supervisor. Furthermore, this description is subject to change, in the sole discretion

of the Company, and in no way creates an employment contract, implied or otherwise, each colleague remains, always, an “at will” colleague.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The employer will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant.