Job Locations
US-CA-Los Angeles
Requisition ID |
2025-125283
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# of Openings |
1
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Category (Portal Searching) |
Accounting/Finance
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Overview
Los Angeles Hotel
From sunny beaches to world-class entertainment, the city of Los Angeles is a great place to live, work and play. The four-diamond Omni Los Angeles Hotel is located in downtown's cultural district. The hotel is adjacent to the Walt Disney Concert Hall, Dorothy Chandler Pavilion, MOCA and numerous other entertainment destinations. Currently ranked #1 by Trip Advisor for Best Downtown Hotels in Los Angeles, the Omni Los Angeles strives to provide the highest quality product and customer service to each and every guest. Omni Hotels & Resorts believes in The Power of One, the practice of empowering every associate to do their best to ensure our guests feel comfortable and appreciated. This philosophy is the reason why the Omni Los Angeles has been so successful in customer satisfaction throughout the years. It is our mission to inspire and reward our associates, and we are committed to being the employer of choice in the hospitality industry. If you are a friendly, motivated individual, with a passion to serve others, the Omni Los Angeles Hotel may be your perfect match.
Job Description
The Director of Finance directs the accounting and control functions at the hotel, while ensuring timely reporting of operating results and maintenance of the integrity of the management information system.
Responsibilities
Supervise all accounting functions including payroll, payables, receivables, cashiering and night audit.
- Prepare the financial statements within the time frames supplies in the Corporate closing schedule and according to the Omni Policies and Procedures, Generally Accepted Financial Services Principles and the Uniform System of Accounts.
- Analyze and interpret financial results in order to assist and advise the General Manager and the Omni Corporate Team.
- Maintain balance sheet analysis on at least a quarterly basis and preferably on a monthly basis with full supporting detail.
- Prepare accurate cash flow statements and projections on a monthly basis and on request.
- Maximize working capital and cash flow statements and projections on a monthly basis and on request.
- Prepare timely and accurate sales, use and occupancy tax returns as well as any other external reports or returns as deemed necessary.
- Ensure successful treasury cash management as set forth in the policies and procedures manual.
- Ensure compliance with the management agreement and attendant legal documents. Understanding how those documents translate into financial responsibilities and how they may effect both the hotel's and Corporate's financial position.
- Maintain effective system and control procedures as set forth in the policies and procedures manuals.
- Ensure integrity and efficiency of computerized data processing functions. Serves as the owner of maintaining all computer hardware and software systems within the hotel.
- Ensure that all financial reports, budgets, forecasts, and other information required by Omni are accurately compiled and submitted within the specified time limits, identifying variances, and making recommendations for improvements as appropriate.
- Review forecasts and budgets prepared by hotel management team to ensure that owners, the General Manager, and Omni Corporate Management are provided with guidelines of performance that are both reasonable and achievable.
- Ensure all legal, treasury, and tax documentation is properly maintained and secured, and that all statuary and fiscal reporting requirements are satisfied, which includes any governmental requirements for permits and licenses.
- Ensure adequate insurance coverage is maintained to protect the assets of the hotel with particular regard to the requirements contained in the hotel's management contract.
- Ensure adequate controls are installed and maintained for the protection of the hotels' assets against loss or misappropriation.
- Successfully lead and perform an advisory or interpretive role as well as to recommend controls related to the ethical environment.
- Continuously monitor economic, social and governmental trends and policies to ensure the General Manager and Omni Corporate Management are kept fully apprised of any implications that may affect the performance of the hotel in meeting its financial objectives.
Qualifications
- Qualified candidates must have a minimum of BSC or BA in Business Administration with concentration in Accounting/Finance
- Must have previous hotel experience .
- Four years experience as a hotel/resort Director of Finance
- Must have experience as an Assistant Controller or Public Accounting Senior/Management
- Full general ledger experience and month end closing experience is preferred
- Ability to communicate effectively.
- Ability to work under pressure.
- Exceptional organizational skills.
- Ability to meet deadlines.
Pay: $145,000 to $160,000/annual salary - The pay scale provided is a range that Omni Hotels & Resorts reasonably expects to pay. Actual compensation offered may fluctuate based on a candidate's qualifications and/or experience. Omni Hotels & Resorts is an equal opportunity employer. We will consider qualified applicants with criminal histories in a manner consistent with the Los Angeles Fair Chance initiative for hiring. The EEO is the Law poster and its supplement are available using the following links:EEOC is the Law Poster and the following link is the OFCCP's Pay Transparency Nondiscrimination policy statement
If you are interested in applying for employment with Omni Hotels & Resorts and need special assistance to apply for a posted position, please send an email to applicationassistance@omnihotels.com.
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