Finance Manager

Cleveland's Fidelity Hotel; Cleveland (OH); On-site; USD 60,000 - 70,000; Full time

Benefits offered by this job

Paid time off

Discounts at New Waterloo restaurants

401K matching

Paid holidays

Employee discounts

Job summary

Fidelity Hotel in Cleveland, OH is hiring a Finance Manager to oversee daily cashiering operations, manage accounts receivable, and ensure accurate financial reporting. The role requires collaboration with cross-functional teams and participation in audits and internal controls.

The ideal candidate will have a accounting/finance degree, strong Excel skills, and at least 1+ year hotel management experience with 3+ years general ledger experience preferred.

Qualifications

• Bachelor's degree or advanced certification in Accounting/Finance.
• Strong knowledge of financial principles and Microsoft Excel.
• Ability to write routine reports and maintain attention to detail.

Responsibilities

• Adhere to standards of operations, policies and procedures.
• Oversee daily cashiering operations and handling of payments.
• Ensure accuracy of all financial transactions and reconciliations.
• Manage accounts receivable, billing, invoicing and collections.
• Facilitate vendor payments and resolve discrepancies.
• Prepare and analyze financial reports for senior management.

Skills

Financial principles

Excel proficiency

Communication skills

Analytical skills

Teamwork

Education

Bachelor's degree or advanced certification in Accounting/Finance

Tools

Microsoft Excel

General ledger software

Job description

Fidelity Cleveland
Cleveland, OH 44114, USA

• Pay or shift range: $60,000 USD to $70,000 USD
  The estimated range is the budgeted amount for this position. Final offers are based on various factors, including skill set, experience, location, qualifications and other job-related reasons.

Description

FIDELITY HOTEL is hiring for a FINANCE MANAGER

Fidelity Hotel is an adaptive reuse project located at 1940 E. 6th Street in the historic 103-year-old Baker Building. Fidelity Hotel has 97 guest rooms & suites, each with tailored amenities, custom-designed furniture, and thoughtfully curated art. The property features a full-service, upscale, restaurant & bar, Club Room. The property also features event & meeting spaces, and a private dining room. Fidelity Hotel is an homage to Cleveland’s long-standing ideals. Our unwavering dedication to the city's soul is expressed through the design, brand, art, amenities, and community programs - all carefully selected to be additive to and reflective of the innovation & creativity that makes Cleveland so special.

What you'll do:

• Adhere to all standards of operations, policies and procedures, manuals, training material, memos, and verbal instruction
• Oversee the daily cashiering operations, including the handling of cash, checks, credit cards, and other forms of payment
• Ensure the accuracy of all financial transactions, including guest payments, refunds, and reconciliations
• Manage the accounts receivable function, including the billing, invoicing, and collection processes
• Facilitates payments to vendors, which may include verification of federal ID numbers, reviewing invoices, and resolving discrepancies
• Collaborate with the sales and reservations teams to resolve billing discrepancies and disputes
• Prepare and analyze financial reports providing insights and recommendations to senior management
• Generate periodic reports on cash flow, revenue, and receivables performance, identifying trends and areas for improvement
• Performs the Income Audit daily using the Income Audit Checklist to maintain and ensure the accuracy of the Income/Flash Reports
• Conduct variance analysis to identify discrepancies between actual and expected financial results
• Execute month-end-close checklist and review preliminary financial statements with the Director of Finance
• Ensure compliance with internal financial policies, procedures, and controls
• Assist in the development and implementation of effective internal control measures to safeguard assets and prevent fraud
• Participate in internal and external audits, providing accurate and timely information as required
• Establish and maintain positive relationships with vendors, resolving payment-related issues and ensuring timely processing
• Collaborate with cross-functional teams, including finance, front desk, sales, food & beverage, and reservations, to streamline processes, provide guidance and improve financial performance
• Foster strong relationships with all New Waterloo stakeholders by providing feedback that positively impacts the performance of the business and sharpens the financial acumen of the team
• Attend relevant meetings as directed and conduct other ad hoc projects and duties as assigned
• Ensure open lines of communication with all departments and management via email, logbooks, meetings, etc. to ensure all needs of the organization are met

Who you are:

• You have a Bachelor's degree from an accredited four-year college or university or an advanced certification in Accounting, Finance, or a related field.
• You have in-depth knowledge of financial principles and Microsoft Excel.
• You have 1+ years of hotel management experience preferred.
• You have 3+ years of general ledger accounting experience preferred.
• You can speak, read, write, and understand the primary language(s) of the workplace.
• You can write routine reports and correspondence and prepare accurate reports with sharp attention to detail.
• You can apply concepts of math including addition, subtraction, multiplication, and division.
• You can manage expectations, hit deadlines, and take ownership of your work.
• You have a strong work ethic and can work both autonomously and with a team.
• You have excellent communication, problem-solving, and analytical skills.
• You are able and willing to work flexible hours in a high-volume environment.

BENEFITS

We are proud to offer competitive wages and the following benefits for full-time employees:

• Up to 3 weeks of paid time off annually
• 50% off discount at most New Waterloo restaurants
• 401K matching
• Paid holidays
• Discounts at our shops, hotels + local partnerships

New Waterloo is a community-centric independent hospitality company based in Austin, Texas. We use our platform to intentionally empower and get behind the choices of our people and communities - creating environments that sustain lasting social impact. Our team of hospitality experts provides the resources, talent, passion, and collaboration necessary to foster thoughtful places and thriving businesses.

New Waterloo is an equal-opportunity employer and values diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

We will be accepting applications on an ongoing basis until a candidate is selected for this role.

Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws.For further information, please review the Know Your Rights notice from the Department of Labor.