Assistant Director of Finance (Temporary) - Regent Santa Monica Beach

Regent Santa Monica Beach, part of IHG Hotels & Resorts’ luxury and lifestyle portfolio, presents a new era of indulgence offering 167 opulent guest rooms and suites. Introduced at a generous 720 square feet, rooms feature spa-like and luxurious bathrooms complete with a soaking tub, walk-in rain shower, double vanity and Perricone MD products, alongside thoughtful mementos through distinct Regent hallmarks.

Poised along a coveted coastline overlooking the Pacific Ocean, the resort celebrates the allure of unexpected harmony through contrasts, delivering inspired stays with a seamless blend of timeless elegance and modern luxury. Regent Santa Monica Beach is home to four dining destinations, each offering unique epicurean discoveries. Orla and Orla Bar by James Beard Award-winning chef Michael Mina brings the peerless charm and boundless flavor of the Mediterranean to Southern California, while the poolside Azure Bar presents elevated poolside dining and creative cocktails. Sweet July Café debuts in collaboration with Ayesha Curry with exclusive menu items and a curated selection of beloved coffee and tea beverages. The beachfront oasis also boasts a 10,000 square feet Guerlain Wellness spa, outdoor pool (Azure Pool), The Regent Boutique, and state-of-the-art Fitness Center. The opening of Regent Santa Monica Beach marks a historic return of the brand to Los Angeles and represents the Americas flagship. For more information visit RegentSantaMonicaBeach.com.

Job Summary:

As the Assistant Director of Finance (Temporary), you will manage the day-to-day operation of the accounting office and assist the Director of Finance in providing financial leadership to the business for a temporary coverage period starting in August and lasting for up to 9 months. You will play a crucial role in ensuring the development and implementation of property-wide strategies that will help us achieve our financial goals. Primary responsibilities include financial analysis and financial reporting, budgeting/forecasting, audit and control, working capital, and cash control. Assists with capital expenditure plans, owner relations, and owner reporting

Responsibilities:

Reporting to the Director of Finance, every day is different, but you will mostly:

• Promote Regent’s service philosophy and style through our people attributes. 
• Maintain impeccable personal grooming standards to uphold the professional and property style of the resort.
• Collaborate with the Director of Finance as required and advise department heads on the interpretation and analysis of financial data, recommending courses of action to maximize resort’s profitability.
• Assist in directing and administering the resort’s financial operations including, but not limited to, asset protection, financial reporting, systems management, resort-wide budget and forecasting, team management, and meeting participation and facilitation.
• Assist with the preparation and review of monthly financial statements, budgets, forecasts/projections, and reporting for corporate and ownership.
• Conduct weekly labor review meetings and monthly financial statement reviews with the property leadership team and drive desired results. 
• Coordinate with BSC to ensure all necessary information is compiled, reviewed, and approved.
• Monitor and maintain adequate internal control over revenues, expenses, assets, and liabilities of the resort (customer billing, paycheck distribution, payroll and bank audits, contract review, compliance, etc.) in accordance with current accounting policies, and procedures. Ensure compliance is maintained with company policies, laws, rules, and regulations.
• Collaborate with the Director of Finance on findings from CSA and internal audit reviews and oversee the resolution of findings.
• Oversee and supervise property Accounts Receivable, Accounts Payable, Payroll, and General Accounting functions, ensuring synergy with BSC.
• Coach and develop team members; hire, assesses, discipline, and document performance. Act as advisor to staff to help meet established schedules and/or resolve technical or operational problems.
• Orients property managers to the accounting function and coaches to effectively manage their department’s financial performance.
• Other tasks/projects as assigned.

Requirements:

• Bachelor's degree in finance, Accounting, or a related field. 
• Five (5) or more years of experience in a similar role.
• In-depth knowledge of GAAP and the Uniform Standard of Accounts for the Lodging Industry. 
• Proficiency with MS Word, Excel, PowerPoint, Outlook, and SharePoint.
• Experience with PeopleSoft ERP, Opera, Micros, and Essbase is highly desired. 
• Strong attention to detail and accuracy in financial reporting.
• Exceptional communication and presentation skills, with the ability to effectively communicate financial concepts to non-financial stakeholders.
• Ability to work well under pressure and effectively handle multiple priorities and meet deadlines in a fast-paced and dynamic environment.
• Excellent interpersonal skills that build trust and instill confidence in order to motivate and influence others.
• Ability to take the initiative to identify, prioritize and implement all elements required for the team to fulfill responsibilities in accordance with core strategic goals.
• Skilled in interpreting complex financial data to deliver actionable insights and fostering the development of problem-solving abilities among direct reports and colleagues when appropriate.
• Ability to collaborate with others and act in an objective manner in order to effectively solve problems and stay on track toward accomplishing organizational goals.
• Strong project management skills, including the ability to manage details through to completion and ensure project deadlines are met.

What you can expect from us: 

The annual pay range for this role is $120,000.00 to $128,750.00 annually. This range is only applicable for jobs to be performed at Regent Santa Monica Beach.