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Cluster Assistant Director of Finance

Company Description

Located in beautiful South Beach, The Balfour is a historic Art Deco boutique hotel rooted in the iconic Ocean Drive. Historic and hip, yet classic and modern, The Balfour offers our team members and guests to create their own story. We have an exciting opportunity to join our team. Come join The Originals and unlock up-leveled experiences at our hotel.

Job Description

Job Purpose:

Under the general guidance of the Cluster Director of Finance, directs the day-to-day operations of the accounting staff, ensuring that a highly productive and well-trained staff is always maintained. The Cluster Assistant Director of Finance assures the accuracy, consistency, and timeliness of the financial reporting and accounting functions while providing information and assistance to the Cluster Director of Finance.

Duties & Functions:

  • Responsible for overseeing all accounting/finance duties and management reporting for multi-site Hotel, food and beverage venues including but not limited to: full cycle month end closes, financial statement preparation, complex account analysis, reconciliation, as well as budgeting and forecasting for Hotel, Restaurant, Night Life Divisions
  • Ensuring data integrity and accuracy as well as development and documentation of system controls, operational procedures and business process improvements
  • Supporting the implementations and upgrades of all front of house systems
  • Must assist the Cluster Director of Finance to plan, recruit, and hire departmental staff.
  • Must oversee the training, cross training, and development of the accounting team.
  • Must take prompt and appropriate personnel related action to ensure proper staffing competency and discipline.
  • Perform balance sheet account reconciliation, account analyses and closing procedures at month end in a timely manner.
  • Investor reporting, payroll entries, coordination of year end audits, consolidations, and will work on special projects as needed
  • Supervise, manage and mentor their staff in all areas of accounting including but not limited to technical training, professional development and conducting and delivering performance reviews
  • Ensure compliance of budgets and cost controls; and will also be responsible to train venue Managers in financial accounting as needed
  • 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
  • Assist Director of Finance in ensuring hotel’s compliance to all regulatory licenses and permits, leases, contracts, legal agreements, and the proper execution of all operational taxes. Provide assistance to management in enforcing compliance on all these items.
  • Any other reasonable duties as assigned by the supervisor or manager.
  • We recognize we are in the hospitality industry and that may require us to provide lateral service. We will on occasion call for each individual in the team to on a routine basis perform various related tasks as needed in the spirit of providing exceptional guest service.

ADDITIONAL RESPONSIBILITIES

    • Communicate effectively, both verbally and in writing, to provide clear direction to the venue teams.
    • Communicate with employees using a positive and clear speaking voice, listen to and understand requests, respond with appropriate actions and provide accurate information.
    • Remain calm and alert, especially during emergency situations and/or heavy restaurant activity, serving as a role model for team and other employees. Interact with other department personnel and venue staff as needed.
    • Make decisions and take actions based on previous experience and good judgment, sometimes revising procedures to accommodate unusual situations.

To be aware of and ensure constant compliance with all necessary operational policies including:

      • Health and Safety
      • Food Hygiene
      • Maintenance
      • Emergency Procedures
      • Liquor Licensing

SUPPORTIVE FUNCTIONS

In addition to performance of the essential functions, this position may be required to perform a combination of the following supportive functions, with the percentage of time performing each function to be solely determined by the supervisor based upon the particular requirements of the company.

 

    • Attend mandatory meetings including divisional meetings, staff meetings, etc.
    • Participate in community events and ensure corporate social responsibility goals of the company are met.
    • Utilize traditional software programs such as Microsoft Office (Word, Excel, Outlook, and PowerPoint), Micros, ADP, Open Table and any departmental specific systems used.
    • Keep work area clean and organized.
    • Ensure confidential documents are kept in a secured area.
    • When disposing confidential documents that contain any personally identifiable information, they must be shredded or pulverized.
    • Complete other duties as assigned by the Department Head.
    • Demonstrate positive leadership characteristics, which inspire Team Members to meet and exceed standards.
    • Ensure compliance with the company’s policies and procedures.

OTHER DUTIES

Assimilate into the company’s culture through understanding, supporting and participating in all the company's elements. Demonstrate working knowledge of the service standards.

Regular attendance in conformance with the standards, which may be established by the company from time to time, is essential to the successful performance of this position.

Due to the cyclical nature of the hospitality industry, employees may be required to work varying schedules to reflect the business needs of the property.

SAFETY REQUIREMENTS

Personal Protective Equipment (PPE) may be required when performing work duties that may have the potential of risk to your health or safety. The restaurant will provide the required PPE. Team members will be trained in the proper use and care of any assigned PPE. It is your responsibility to report defective, damaged or lost PPE, or equipment that does not fit properly, to your Manager.

Requires ability to lift large and heavy packages and boxes and to the ability to load and unload small and large boxes as needed. Must have ability to safely lift minimum of 50 lbs. without assistance and to push and pull up to 150 lbs. with appropriate equipment.

GROOMING/UNIFORMS

All employees must maintain a neat, clean and well-groomed appearance. Specific uniform guidelines and/or required articles of clothing will be explained to you as a part of the orientation process.

OTHER

Additional language ability preferred.

Qualifications

SPECIFIC JOB KNOWLEDGE, SKILL AND ABILITY

The individual must possess the following knowledge, skills and abilities and be able to explain and demonstrate that he or she can perform the essential functions of the job, with or without reasonable accommodation.

  • BA or BS degree with emphasis in Accounting, Business, Finance or Economics is required
  • Experience in Hospitality, Restaurants and Nightlife Accounting preferred
  • Two to five (2-5) years accounting experience including 3 or more years at management level, preferably in an upscale or luxury lifestyle brand hotel
  • Strong knowledge of GAAP
  • Proven team leader with a high level of energy and motivation with a proven track record of living the company's values
  • An intermediate to proficient understanding of Computer systems such as: Opera, Microsoft Word, Excel & Outlook is preferred
  • Enter and locate work related information using computers and/or point of sale systems
  • Ability to spend extended lengths of time viewing a computer screen
  • Possess a gracious, friendly, and fun demeanor
  • Ability to multitask, work in a fast-paced environment and have a high level attention to detail
  • Maintain positive and productive working relationships with other employees and departments
  • Ability to work independently and to partner with others to promote an environment of teamwork
  • Must be able to stand or walk a minimum eight-hour shift.
  • Must be able observant and quick to respond to various situations while also multitasking and handling stressful situations.
  • Must be able to twist, tow (push or pull), reach, bend climb and carry objects as necessary.
  • Must have excellent communication skills and be able to read, write, speak and understand English.
  • Must be able to work inside and outside at all times of the year as needed, based upon business volumes.
  • Knowledge of federal, state and local laws governing equal employment opportunity and civil rights, occupational safety and health, wage and hour issues, and labor relations

Additional Information

All your information will be kept confidential according to EEO guidelines.

Average salary estimate

$70000 / YEARLY (est.)
min
max
$60000K
$80000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Cluster Assistant Director of Finance, AccorHotel

Are you ready to take your career to the next level in the vibrant city of Miami Beach? The Balfour, a stunning Art Deco boutique hotel nestled on Ocean Drive, is searching for a Cluster Assistant Director of Finance to join our dynamic team. Under the guidance of the Cluster Director of Finance, you'll lead our accounting staff, maintain our financial integrity, and ensure that all financial reporting is accurate and timely. This role requires you to oversee a range of accounting tasks for our multi-site operations, from budgeting and forecasting to month-end closes and complex account analyses. You’ll be pivotal in developing your team through training and mentorship, ensuring our staff is always equipped with the necessary skills to succeed. Additionally, you’ll take charge of compliance with legal and regulatory requirements, making sure all financial documentation is impeccably maintained. With your excellent communication skills, you’ll interact with various departments, supporting the implementation of key systems that drive operational excellence. At The Balfour, we believe in providing exceptional service, and that starts with the leadership in our finance team. If you're motivated, detail-oriented, and ready to make an impact, come be a part of our story in South Beach!

Frequently Asked Questions (FAQs) for Cluster Assistant Director of Finance Role at AccorHotel
What are the responsibilities of a Cluster Assistant Director of Finance at The Balfour?

As a Cluster Assistant Director of Finance at The Balfour, you'll oversee all accounting duties, including managing month-end closes, preparing financial statements, and performing account reconciliations. You'll also be involved in budgeting and forecasting for various hotel and restaurant divisions, as well as mentoring and developing your accounting team. Ensuring compliance with legal and regulatory requirements is also key to this role.

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What qualifications are required for the Cluster Assistant Director of Finance position at The Balfour?

To qualify for the Cluster Assistant Director of Finance position at The Balfour, candidates should possess a BA or BS degree focused on Accounting, Business, Finance, or a related field. Experience in hospitality and nightlife accounting, along with two to five years of accounting experience including management roles, is preferred. Understanding GAAP and having strong computer skills will also greatly benefit candidates.

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How does the Cluster Assistant Director of Finance contribute to team development at The Balfour?

In the role of Cluster Assistant Director of Finance at The Balfour, you'll play a vital part in team development by overseeing training and cross-training for the accounting staff. Your leadership will ensure that the team is not only skilled in their current roles but is also ready to step up for future opportunities within the organization, fostering a culture of growth and collaboration.

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What systems and software should a Cluster Assistant Director of Finance be familiar with at The Balfour?

A Cluster Assistant Director of Finance at The Balfour should have a proficient understanding of accounting software and tools, including Opera, Microsoft Office Suite (Word, Excel, Outlook), and others specific to the hospitality industry. Familiarity with point-of-sale systems will also be beneficial in performing daily operations and financial reporting.

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How does the Cluster Assistant Director of Finance handle compliance and regulatory requirements at The Balfour?

At The Balfour, the Cluster Assistant Director of Finance is responsible for ensuring that all financial documentation meets legal, treasury, and tax requirements. This includes overseeing the proper maintenance of licenses and permits, managing audits, and ensuring all accounting practices align with established laws and regulations. Your role will be crucial in maintaining the hotel's reputation for compliance and fiscal responsibility.

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Common Interview Questions for Cluster Assistant Director of Finance
Can you describe your experience in managing month-end closes?

In your response, detail the specific steps you take to ensure accuracy during the month-end close process. Emphasize your attention to detail and ability to meet tight deadlines, as this is crucial for the Cluster Assistant Director of Finance role at The Balfour.

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How do you ensure data integrity in your financial reporting?

Discuss methods you've employed in previous roles to maintain data accuracy, such as implementing internal controls and conducting regular reconciliations. Highlight any software or systems you've used that have assisted in this process.

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What experience do you have with budgeting and forecasting in a hospitality environment?

Share specific examples of how you've contributed to the budgeting and forecasting processes at previous jobs, particularly in settings that align with the hotel and restaurant industry, like The Balfour.

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How do you approach team mentoring and development?

Explain your philosophy on mentorship and give examples of how you've successfully trained team members. Discuss any specific development programs or techniques you’ve implemented to foster growth within your team.

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What strategies do you use to maintain compliance with financial regulations?

Talk about your familiarity with relevant financial regulations and how you've ensured compliance in past positions. This could include regular audits, training staff, and maintaining proper documentation, which is vital at The Balfour.

Join Rise to see the full answer
Can you give an example of a financial challenge you've resolved?

What you want to highlight here is your problem-solving skills. Discuss a specific challenge related to finances, the steps you took to address it, and the successful outcome, all while using analytical skills that are necessary for the Cluster Assistant Director of Finance position.

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How do you handle communication with other departments within a hotel?

Describe your approach to inter-departmental communication, emphasizing the importance of clear and effective communication in a hotel setting. Mention experiences where you've collaborated with other teams to achieve a common goal.

Join Rise to see the full answer
What is your experience with financial software systems, and how would you apply this at The Balfour?

Detail your familiarity with financial and operational software, emphasizing how it has improved efficiency in your previous roles. Mention any specific systems you are proficient in that are relevant to The Balfour.

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How do you prioritize your tasks during busy periods?

In answering this question, showcase your organizational skills and how you manage time effectively. Share techniques you use to handle multiple deadlines and keep the team focused during high-pressure situations.

Join Rise to see the full answer
What do you believe is the key to successful financial management in a multi-venue operation?

Articulate your understanding of the unique challenges faced in managing finances across multiple venues, like The Balfour, and discuss strategies that can be employed to streamline processes and ensure financial health across the board.

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Accor is global leader in corporate services, operates in nearly 100 countries with 150,000 employees. With more than 4,000 hotels worldwide, covering all segments from economy to upper upscale, Accor Hospitality, the Accor’s hotel offering, of...

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Full-time, on-site
DATE POSTED
February 28, 2025

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