Assistant Director of Finance

Sage Hospitality Group; Portland (OR); On-site; USD 90,000 - 105,000; Full time

Benefits offered by this job

Medical benefits

401(k) with employer match

HSA contribution

Life and AD&D insurance

Disability insurance

Employee discounts

Paid time off

Job summary

Sage Hospitality Group in Portland seeks an Assistant Director of Finance to lead hotel accounting operations at The Nines, a Luxury Collection Hotel. You will support the Director of Finance in safeguarding assets and ensuring accurate reporting across payroll, payables, receivables, and income journals.

The role emphasizes control, timeliness, and adherence to policies, with responsibilities across budget preparation, tax support, and internal controls, including potential duties in the

Qualifications

• A four-year college degree (accounting preferred) or equivalent education/experience.
• One to two years of employment in hospitality management or hospitality accounting.
• Knowledge of accounting, finance and hospitality practices; ability to analyze and interpret financial data.

Responsibilities

• Supervise Payroll, Accounts Payable, Accounts Receivable, Cashier and Night Audit staff and conduct performance reviews.
• Oversee daily accounting operations ensuring compliance with SOPs and laws.
• Prepare financial statements and reports for management and owners.
• Assist in budgeting, forecasts, taxes and other financial reporting tasks.
• Train and maintain financial controls across departments to minimize liabilities.
• Understand leases and rent reports; ensure compliance with leases and management contracts.

Skills

Hospitality accounting

Education

Bachelor's degree in accounting or equivalent

Job description

Why us?

Sage Hospitality Groupis seeking aAssistant Director of Financeto join their renowned team overseeing both the The Nines, A Luxury Collection Hotel. The perfect candidate is passionate about service and creating indigenous experiences for each guest!

Poised in the heart of the city center, within the walls of the stately Meier & Frank Building one of Portland's most beloved landmarks, the Nines honors the structure’s storied past, both in its striking decor and impeccable service. Individualistic design traits celebrate the surroundings of one of finest LEED Silver-certified hotels in Portland, providing the opportunity to truly experience the region's unique character.

As part of Sage Hospitality Group, we passionately strive to be the best and create excellence in everything we do. We believe in enriching lives one experience at a time. More than a slogan, we empower our employees to make positive impacts on the communities in which we live and work. By providing genuine service we build relationships with our guests and value for our shareholders, and we create unforgettable experiences.

We are looking for independent thinkers. Those who harness their entrepreneurial spirit so that it breaks preconceived notions. We’re not afraid to forge our own path. After all, it’s what industry leaders do. That’s why we welcome risk takers and creative spirits alike. No matter your daily role, Sage recognizes that your success is about more than the work you do—it’s really about who you are, which is why we invest in your personal and professional growth. We hope you consider joining us!

Job Overview

Assistant Director of Finance supervises and coordinatse the Accounting Operations in the hotel to ensure accurate, timely and consistent reporting in accordance with policies and procedures, Federal, State and local laws and regulations. Assist and support the Director of Finance in maintaining control over income, expenses and the assets and liabilities of the hotel. Position is responsible for the daily operation of Payroll, Accounts Receivable, Accounts Payable, Income Journal, General Cashiering, Taxes and internal controls. May recommend and implement operational changes.

Responsibilities

• Supervise the Payroll, Accounts Payable, Accounts Receivable, Cashier and Night Audit employees; interview, recommend hiring, train, develop, empower, schedule, coach and counsel, recommend and conduct performance and salary reviews, resolve problems, provide open communications and recommend discipline and termination, as appropriate.
• Supervise the daily accounting operations ensuring compliance with the SOPs and Federal, State and local laws and regulations.
• Analyze and reconcile all general ledger accounts and bank statements to ensure financial information is available and accurate.
• Prepare financial statements and reports to ensure accurate, timely information is available for management.
• Assist in the compilation and preparation of the annual budget, forecasts, taxes and other financial reports to provide support thus ensuring accurate, timely information is available for management and owners.
• Train, monitor and coordinate the implementation and maintenance of financial and cash controls and information flow throughout the other departments in the hotel to ensure compliance, accurate records and minimize liabilities, losses and expenses.
• Resolve problems and ensure maintenance of the accounting systems and equipment to ensure smooth operations.
• Analyze and be familiar with tenants, leases and rent reports and ensure hotel is in compliance with hotel leases and management contracts.
• Has a fiduciary responsibility to company and management.
• Assumes the responsibilities of the Director of Finance in his/her absence.

Qualifications

Education/Formal Training

A four-year college degree (accounting preferred) or equivalent education/experience.

Experience

One to two years of employment in hospitality management or hospitality accounting

Knowledge/Skills

• Requires knowledge of all the functions performed by the subordinate reporting directly or indirectly to the Hotel Director of Finance.
• Requires advanced knowledge of the accounting, finance and hospitality professions. Requires experiential knowledge for management of people and complex problems.
• Requires ability to analyze activities or information involving some original data manipulation or interpretation to arrive at logical conclusions.
• Ability to make decisions guided by established policies and procedures.
• Ability to communicate so as to provide information and services, supervisory skills.
• In addition to these fundamental requirements, an Assistant Director of Finance must also be knowledgeable in the following areas: Office Management, Bank Reconciliations, Preparation of State and Federal Reports, Training of Accounting staff employees, Conducting or participating in meetings, Analysis of Balance Sheet Accounts, Preparation of Journal entries, closing the books and preparing the Balance, Sheet Package, Interviewing and evaluation of applicants as well as current employees
• Excellent hearing required to train and deal with management, employees.
• Excellent vision required to read reports, computer, etc.
• Excellent speech communication skills required to train and deal with management, employees.
• Excellent comprehension and literacy required for reports, computers, ledgers, etc.

Physical Demands

The physical demands described here are representative of those that must be met by an associate to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Lifting, pushing, pulling, carrying - limited lifting, pushing, pulling or carrying up to 15-20 lbs. Generally boxes, computer equipment.
• Limited bending/kneeling required when arranging supplies or equipment.
• Mobility - limited, between offices and departments.
• Infrequent continuous standing, climbing or driving required.

Environment

Work inside 95% of work period.

Benefits

The Nines offers perks that are comparable to progressive employers.

• Unlimited time off per Sage policy and manager approval

• Medical, Vision, Dental and Retirement Benefits:

• • Eligible to enroll in medical insurance with employer covering up to 70% of premiums with wellness credit

• • Eligible to enroll in dental insurance with employer contribution towards premiums & vision insurance

• • Eligible to participate in the Company’s 401(k) program with up to 4% employer match, meeting safe harbor requirements and no vesting period

• • Eligible to enroll in Health Savings Accounts (HSA) with qualifying medical plans and receive up to $1000 company contribution

• • Eligible to enroll in Health, Dependent and Commuter Flexible Spending Accounts (FSA)

• • Company paid Basic Life and AD&D insurance coverage, with option to enroll in supplemental coverage

• • Eligible to enroll for short-term and long-term disability insurance coverage

• • Eligible to purchase Pet Insurance, Accidental Insurance, Critical Insurance and Hospital Indemnity Insurance

• • WINFertility guidance for those enrolled in Sage medical plan

• Other Benefits:

• • All associates can enjoy our complimentary cafeteria

• • $50 TriMet monthly subsidy or parking stipend

• • Calm Health Application Subscription

• • Employee assistance program

• • Paid time off for vacation, sick time, and holidays

• • Tuition Reimbursement of up to $2,000 per calendar year

• • Great discounts on Hotels, Restaurants, and much more

• • Eligible to participate in the Employee Referral Bonus Program. Up to $1,000 per referral

Bold. Bright. Caring. Energetic. Driven. Strategic. Daring. To deliver the type of outstanding experience we aim to provide our guests, we need remarkable individuals who are passionate and committed to making a difference. If this sounds like you, then explore the career positions at Sage Hospitality that await you.

Salary

USD $90,000.00 - USD $105,000.00 /Yr.