Assistant Director of Finance

Grow with us...

Life at Starwood Hotels is based on a simple idea: the world is beautiful and we want to keep it that way. But we can’t do it alone. That’s why hiring thoughtful and inspiring Team Members and Leaders who understand that our people, collaboration, stellar service, and respect for nature are so important to us.

About Us

1 Hotels is mission-driven and a platform for change, celebrating nature in every decision we make. From how guests arrive to how they sleep, eat, relax, interact, and depart, our commitment to sustainability, innovative design, and a harmonious connection with nature is unwavering.

1 HOTELS IS...

• Natural. Nature guides everything we do.
• Modern. Of the time, with an eye on the past and a foot in the future.
• Conscious. Mindful of how our hotels are created and how our guests are treated.
• Discovery. Explorations of surrounding locales.
• Imperfect. Still evolving — we don’t have all the answers.
• Committed. Bettering ourselves and bettering the industry.

1 Hotels invites guests to live in rhythm with nature—offering spaces that restore, inspire, and come alive from day to night, where sustainability, wellness, and social energy exist in thoughtful balance.

GENERAL DUTIES:

The Assistant Director of Finance is a strategic financial business leader for the property that champions, develops and implements hotel-wide and market-wide strategies that deliver products and services to meet or exceed the needs and expectations of guests, team members and owners. This position provides financial expertise to enable the successful implementation of the brand service strategy and initiatives while maximizing the return on investment. Creates and executes a strategic business plan that is aligned with the hotel’s business strategy with a primary focus on the execution of financial and accounting activities and the delivery of financial results.

· Manage and communicate cash flow related issues which includes the accurate and timely preparation of cash flow statements, management of receivables, payables, cash balances, control mechanisms and timely deposits of all funds

· Monitor hotel revenues and expenses and ensure the accurate recording in accordance with the hotel established guidelines

· Create annual budgets and monthly variance analysis

· Monitor the accurate production of the hotel daily operating report

· Direct and/or prepare all financial reports in accordance with requirements meeting various deadlines

· Investigate and critique variances to budget or to prior year and offer practical improvement methodologies to management

· Monitor the capital planning process by assisting management with the calculation of return on capital improvements, gathering support and monitoring the bid process, and ensuring proper upkeep of the property by evaluating scope of work and specifications

· Complies with Standard Accounting policies and procedures and internal controls for finance and accounting operations

· Ensure hotels’ compliance on all regulatory licenses and permits, leases, contracts, legal agreements, and the proper execution of all operational taxes

· Provide assistance to management in enforcing compliance on all these items

· Analyze financial data and operations in order to assist and advise management in maintaining the hotels’ financial objectives. Ensure that all balance sheet accounts, including bank reconciliation’s are reconciled on a timely basis

· Perform the duties as directed by the Director of Finance.

· Embrace a continuous growth environment by actively providing feedback, coaching and supporting the hotel’s operational leader

· Hire, train, supervise and develop Finance team, including coaching and counseling

· Partner with Executive Committee on areas of collaboration to assure that property operations are on track and under control at all times

· Participate in the development and implementation of corrective action plans to improve guest satisfaction and strive to improve service performance.

· Identify opportunities to optimize performance and create value by challenging existing processes, encouraging innovation, and driving necessary change.

· Establish and maintain open, collaborative internal and external relationships. Develop lasting relationships with guests to secure repeat business.

· Embody the 1 Hotels Vision, Mission, and Compass; deliver on Our Promise, provide Good-Natured Service and uphold our Brand Pillars.

ABOUT YOU

· At least 4-5 years of related Finance experience

· Excellent finance, accounting and analytical skills, including experience with cash management, forecasting, revenue management strategies, budgeting, and project management

· Experience evaluating business trends and developing and successfully implementing new business programs and strategies that enhance financial performance

· Experience in owner relations is preferred

· Experience with complex operating and financial agreements; demonstrated success in evaluating risks and developing proactive strategies and plans to mitigate business issues

· Financial management skills e.g., ability to analyze P&L statements, develop operating budgets, prepare a short and long term forecast, and champion capital expenditure planning

· Excellent verbal and written communication and presentation skills

· Strong organization skills

· Analytical and problem-solving skills

· Bachelor’s Degree in Accounting, Finance, Business Administration or related field required

· CPA or similar accounting qualification is an asset

· Prior experience in a luxury hotel brand; specifically in Finance.

Due to the nature of the hospitality industry, employees are required to work varying schedules, including holidays, to accommodate the business and demands of the hotel

This job description in no way states or implies that these are the only duties to be performed by the employee occupying this position. Employees will be required to perform any other job-related duties assigned by their supervisor.

Starwood Hotels is an equal opportunity employer. We believe in a diverse, sustainable workforce with an empowered, inclusive culture. We are committed to non-discrimination on any protected basis covered under applicable law. If you require any special accommodation, please visit People Operations.

About Us…

Our culture is caring and thoughtful, and we deliver good-natured and informed service, perfectly executed to evoke a sense of fulfillment and well-being. As a part of our team, you can look forward to activities and perks that drive your passion for nature such as:

• Designed by Nature work environment
• Health & Wellness- Competitive Medical, Dental & Vision, and EAP program
• Retirement Planning
• Paid Personal Days
• Career Advancement: Were growing rapidly and with growth comes advancement opportunities (around the globe)!
• SH University - Offers eligible team members a chance to grow and flourish from obtaining professional development and courses/certifications through our exclusive online learning educational platform.
• Team Member Recognition program - Earn rewards and pay it forward, while doing all the good you can!

Recognized by Newsweek as a 2024 Most Loved Workplace, Starwood fosters a culture where creativity thrives, collaboration is second nature, and people are valued for who they are and what they bring. If you’re ready to bring your whole self to a team where thoughtful work leaves a lasting mark—you belong here.

About Us...

As a mission-driven company, our purpose is our true north, and our compass guides the way. The purpose we live by impacts the lives of our team members, drives the experiences for our guests, builds community with like-minded travelers and takes care of the planet we live in. Founded in 2006 by Barry Sternlicht, Starwood Hotels is a luxury hotel brand management company and affiliate of global private investment firm Starwood Capital Group.

Starwood Hotels is an Equal Opportunity Employer. We believe in a diverse, sustainable workforce with an empowered, inclusive culture. We are committed to non-discrimination on any protected basis covered under applicable law. If you require any special accommodations, please visit People Operations.