Assistant Director of Finance for Andaz Miami Beach

Company Description

At Hyatt, we believe our guests select Hyatt because of our caring and attentive associates who are focused on providing excellent service and meaningful experiences.

Andaz Miami Beach is now recruiting an Assistant Director of Finance to join the hotel's opening team. An art-deco building and architectural landmark is home to the newest luxury lifestyle hotel located in the heart of Mid-beach. Opening in late 2024, the property boasts 287 guestrooms including 34 breathtaking suites and the ONLY Ocean-view arrival experience in Miami Beach. The design features elements of texture, art, and pops of color that create a unique and captivating experience. Each suite is designed with floor-to-ceiling windows, most with deep-soaking tubs, and cozy reading nooks. Guests can also enjoy private outdoor terraces with stunning views of the Atlantic and the Miami skyline. Unmatched amenities include a full-service spa, a well-equipped fitness center, a destination dining experience by José Andrés, two pools, and a Beach Club catering to the who's who of Miami. Spanning 25,000 square feet of innovative indoor and outdoor event space, Andaz Miami Beach will become a landing spot for guests and locals seeking celebratory gatherings that embrace the city's culture of music, art, and fashion.

Job Description:

The Assistant Director of Finance is responsible for the oversight of the hotel's general ledger operations and supports the hotel Director of Finance. Additionally, this person will be responsible for efficiently running the Finance department in line with Hyatt Corporate standards while meeting guest and owner expectations.

Responsibilities & Duties Include:

• Prepare and review all journal vouchers, month-end reports and reconciliations
• Review preliminary financial statements with Director of Finance
• Participate in monthly financial reviews and assist Director of Finance with the presentation of these reports
• Assist Director of Finance with supervising Finance team functions of the hotel including coaching and counseling associates to reflect Hyatt service standards and procedures, interviewing, training and evaluating performance of staff
• Manage and help oversee hotel on-site Finance functions to ensure proper fiscal management, timely and accurate reporting and analysis for the hotel. This responsibility also includes hotel financial planning, budgeting, accounting and cash management
• Systems administration, G/L account reconciliations, budget preparations, inventories, monthly closings and full P&L responsibility
• Assist with managing and ensuring SOX compliance
• Assist Director of Finance with completing the year-end audit process. Review and approve all reconciliations and audit work papers. Participate in and respond to auditor requests to ensure total hotel compliance.
• Help prepare all monthly and annual financial statements. Investigate, review and analyze the variance explanations, involving the department staff in this process. Take initiative to manage trouble shooting for respective cost controls and revenue enhancement
• Assist Director of Finance with special reporting and analysis projects
• Motivate team members and resolve and issues that occur on the job
• Assist the human resource officer in the recruitment process with hiring and training new hires
• Conduct or ensure all training and evaluations are completed as required by Hyatt
• Coash and counsel colleagues to reflect Hyatt Service Standards and Procedures
• Complete various additional tasks and assignments as needed