The Loren Austin · 1 week ago
Assistant Director of Finance
Austin, Texas Metropolitan Area
Full-time
Onsite
Mid, Senior Level
4+ years expThe Loren Austin is an internationally recognized luxury hotel group that emphasizes understated luxury and sophistication. The Assistant Director of Finance will assist with P&L tasks, balance sheet reconciliation, and manage daily accounting functions while supporting department leaders with forecasting and financial reporting.
HospitalityHotelResortsRestaurants
Responsibilities
Perform and/or assist with month-end closing
Participate in monthly P&L critique and asset inventories
Assist in preparing and producing financial statements for management and corporate review within designated time frames
Analyze and reconcile all general ledger and bank accounts to ensure accuracy
Prepare and/or assist with annual budgets, forecasts, taxes, and other financial reports
Assist in annual audits and corporate requests
Assist Director of Finance with the Reconciliation of balance sheet accounts each period
Review any problem accounts with Director of Finance and adjust entries to the general ledger
Supervise daily accounting operations, ensuring compliance with all policies, procedures, and regulations
Verify credit cards are processed every night-by-night audit and reconcile in full
Effectively schedule, monitor, and evaluate controllable departmental expenditures to stay within the restraints of the established budget through: labor management and purchasing control systems
Manage full account payable cycle
Oversee accounts receivable and ensuring credit policies are followed
Assist in training and developing of hotel teams concerning accounting functions
Communicate financial topics clearly and provide guidance to other departments
Alert management to potentially serious financial issues
All other duties as assigned, requested or deemed necessary by leadership
Qualification
Required
Bachelor's degree in Accounting, Finance, or related field
Minimum of 4–6 years of progressive accounting or finance experience within the hospitality industry, with at least 2 years in a supervisory or management role
Strong working knowledge of hotel accounting systems and financial platforms (e.g., Opera, Paycom, M3, Birch Street, or similar), with advanced proficiency in Microsoft Excel
Thorough understanding of hotel financial operations, including general ledger, accounts payable and receivable, payroll, budgeting, forecasting, cash management, and month-end close
Demonstrated experience supporting audits, internal controls, and compliance with GAAP and brand or ownership reporting requirements
Proven ability to analyze financial data, identify trends, and provide clear, actionable insights to senior leadership
Strong leadership, communication, and interpersonal skills, with the ability to effectively partner with operational leaders across departments
High level of integrity, discretion, and attention to detail, with a commitment to accuracy and confidentiality
Ability to manage multiple priorities, meet deadlines in a fast-paced environment, and adapt to changing business needs
Experience supporting luxury service standards while maintaining fiscal discipline and operational efficiency
Able to safely and successfully perform the essential job functions consistent with the ADA, FMLA, and other federal, state, and local standards, including meeting qualitative productivity standards
Ability to maintain regular, punctual attendance consistent with the ADA, FMLA, and other federal, state, and local standards
Able to work nights and weekends per business demands
Must be able to stand at least 50%
Must be able to sit and squat frequently
Preferred
Luxury or upper-upscale hotel experience strongly preferred
Benefits
Participation in 401(k) with company match of up to 4%
Medical with 0 deductible/0 co-pay options/Dental/Vision/FSA/STD/LTD/Life and AD&D/Hospital Indemnity
Paid PTO
Paid Holidays
Paid Maternity/Paternity Leave
Employee Assistance Program
Complimentary Employee Meal
Complimentary Bus Passes
50% off Dining in Nido
Recognition Programs, Incentives and Celebrations
Benefits available to Part time Associates
Company
The Loren Austin
With its unparalleled views of Lady Bird Lake and the Austin skyline, The Loren invites discerning residents and guests to experience the ultimate in understated luxury and curated Austin culture.
201-500 employees
Funding
Current Stage
Growth StageCompany data provided by crunchbase