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Assistant Director Of Finance - The Langham, Boston

Company: Langham Hospitality Group
Location: Boston
Posted on: January 16, 2022

Job Description:

Assistant Director of Finance - The Langham, Boston Langham Hospitality Group (LHG) is a global hotel company with properties located in major cities and four continents under The Langham Hotels and Resorts and Cordis Hotels and Resorts brands. It is the hospitality arm of Great Eagle Holdings, a leading property development company in Hong Kong. The Langham, Boston has undergone a complete transformation and reopened its doors in June 2021 as the city's most historic hotel and one of the most iconic luxury hotels in the US. You will be leading a passionate & talented finance team to drive for the utmost level of financial accuracy for hotel guests, colleagues, and visitors to The Langham, Boston, by delivering high standards in guest experience & colleague engagement in alignment with the culture and values of Langham Hospitality Group.
Key Responsibilities:

  • Supervises daily activities of the Finance department, including payroll, accounts receivable, accounts payable, income audit, general accounting and cashier functions.
  • Establishes, or recommends to management major economic strategies, objectives and policies for the hotel. Prepares financial statements of hotel operations monthly, to include monthly operating reporting and all other reports required by Langham Hotels.
  • Ensures monthly balance sheet reconciliations and bank reconciliations are completed in accordance with Langham Hotel standard operating procedures.
  • Prepares reports which summarize and forecast company business activity and financial position in areas of income, expenses and earnings based on past present and expected operations including month end financial statements through journal entries and cash flow reports.
  • Assists the Director of Finance with the preparation of budgets, reviews budget proposals and prepares necessary supporting documentation and justification.
  • Insures full compliance of hotel systems and procedures with control standards established by Langham Hotels.
  • Advises management on desirable operational adjustments due to tax code revisions.
  • Provide financial training and support to other departments
  • Assist with overseeing the purchasing and receiving department
  • Additional duties not mentioned above may also be requested by supervisor.
    Qualifications:
    • Bachelor's Degree in Accounting or a Related field preferred.
    • Minimum 5 years Hospitality Accounting experience, with 3 years in a supervisory role preferred
    • Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.
    • Ability to apply concepts such as fractions, percentages, ratios and proportions to practical situations.
    • Must be able work under strict time constraints
    • Legally authorized to work in the United States
      For more information about the property, please visit: https://www.langhamhotels.com/en/the-langham/boston/

Keywords: Langham Hospitality Group, Boston , Assistant Director Of Finance - The Langham, Boston, Accounting, Auditing , Boston, Massachusetts

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