Assistant Director of Finance at LOREN AT LADY BIRD LAKE EMPLOYER LLC

Austin, Texas, United States -

Full Time

Start Date

Immediate

Expiry Date

15 Apr, 26

Salary

0.0

Posted On

15 Jan, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Financial Reporting, Analysis, Budgeting, Forecasting, Cash Management, Leadership, Communication, Problem Solving, Attention to Detail, Integrity, Hotel Accounting Systems, GAAP Compliance, Accounts Payable, Accounts Receivable, Payroll, Month-End Close

Industry

Hospitality

Description

Job Details Job Location: AUSTIN, TX 78704 About Us At the cornerstone of Ladybird Lake and the Austin Skyline, the internationally recognized best in class Luxury Hotel Group, The Loren Hotel will bring a level of understated luxury and sophistication to Austin. With its unparalleled views of Lady Bird Lake and the Austin skyline, The Loren invites discerning residents and guests to experience the ultimate in understated luxury and curated Austin culture. Our modern hotel rooms, impeccable service, and exclusive amenities offer the perfect complement to our indoor-outdoor environment, uniquely set within Austin’s most beloved green space. We are Uncompromising by Nature We are here for those who question the ordinary. Who shun the mundane, the dull and the blunt. The risk-takers, the tree-shakers, the trail-makers. Those who believe in more, in further, and better. Who won’t settle for second, or for “good enough?” or “nearly there?” Who will get to their feet and not be shaken by doubters. Not afraid to be one of the curious minds. Who will talk of the world with elegance and charm. Knowing of its beauty, its delicate place. Yet embrace those things that bring us on. Art, food, wine, and song. Find us, united by a love for life. Its zest, its zing… its unpredictable turns. Join our commitment, our passion, and flair. Free spirits with soul. Our Full-time Eligible benefits include: Participation in 401(k) with company match of up to 4%* Medical with 0 deductible/0 co-pay options/Dental/Vision/FSA/STD/LTD/Life and AD&D/Hospital Indemnity Paid PTO Paid Holidays Paid Maternity/Paternity Leave Employee Assistance Program* Complimentary Employee Meal* Complimentary Bus Passes* 50% off Dining in Nido* Recognition Programs, Incentives and Celebrations* *Benefits available to Part time Associates Job Summary/Responsibilities Job Summary The Assistant Director of Finance assists with P&L tasks, balance sheet reconciliation and managing daily accounting functions—including accounts payable, accounts receivable and income audit, while supporting department leaders with forecasting and checkbook reconciliations. The Assistant Director of Finance works closely with the Director of Finance, General Manager and corporate office to maintain fiscal integrity, optimize financial performance, and support strategic decision-making. Responsibilities Financial Reporting and Analysis Perform and/or assist with month-end closing. Participate in monthly P&L critique and asset inventories. Assist in preparing and producing financial statements for management and corporate review within designated time frames. Analyze and reconcile all general ledger and bank accounts to ensure accuracy. Prepare and/or assist with annual budgets, forecasts, taxes, and other financial reports. Assist in annual audits and corporate requests. Balance Sheet Reconciliation Assist Director of Finance with the Reconciliation of balance sheet accounts each period. Review any problem accounts with Director of Finance and adjust entries to the general ledger. Operational Management Supervise daily accounting operations, ensuring compliance with all policies, procedures, and regulations. Verify credit cards are processed every night-by-night audit and reconcile in full. Effectively schedule, monitor, and evaluate controllable departmental expenditures to stay within the restraints of the established budget through: labor management and purchasing control systems. Manage full account payable cycle. Oversee accounts receivable and ensuring credit policies are followed. Team Leadership and Support Assist in training and developing of hotel teams concerning accounting functions. Communicate financial topics clearly and provide guidance to other departments. Alert management to potentially serious financial issues. Other Responsibilities All other duties as assigned, requested or deemed necessary by leadership. Supervisory Duties None Core Competencies Drawn from our core values, each competency is built upon a set of basic behaviors that are shared by all associates, regardless of role which include: Communication Cost Consciousness Managing People Job Knowledge Judgment Leadership Delegation Planning & Organization Problem Solving Quality Qualifications Education/Formal Training Bachelor’s degree in Accounting, Finance, or related field. Experience Minimum of 4–6 years of progressive accounting or finance experience within the hospitality industry, with at least 2 years in a supervisory or management role; luxury or upper-upscale hotel experience strongly preferred. Strong working knowledge of hotel accounting systems and financial platforms (e.g., Opera, Paycom, M3, Birch Street, or similar), with advanced proficiency in Microsoft Excel. Knowledge/Skills Thorough understanding of hotel financial operations, including general ledger, accounts payable and receivable, payroll, budgeting, forecasting, cash management, and month-end close. Demonstrated experience supporting audits, internal controls, and compliance with GAAP and brand or ownership reporting requirements. Proven ability to analyze financial data, identify trends, and provide clear, actionable insights to senior leadership. Strong leadership, communication, and interpersonal skills, with the ability to effectively partner with operational leaders across departments. High level of integrity, discretion, and attention to detail, with a commitment to accuracy and confidentiality. Ability to manage multiple priorities, meet deadlines in a fast-paced environment, and adapt to changing business needs. Experience supporting luxury service standards while maintaining fiscal discipline and operational efficiency. Physical Requirements Able to safely and successfully perform the essential job functions consistent with the ADA, FMLA, and other federal, state, and local standards, including meeting qualitative productivity standards. Ability to maintain regular, punctual attendance consistent with the ADA, FMLA, and other federal, state, and local standards. Able to work nights and weekends per business demands Must be able to stand at least 50% Must be able to sit and squat frequently Environment 95% indoor office.

Responsibilities

The Assistant Director of Finance assists with P&L tasks, balance sheet reconciliation, and managing daily accounting functions. They work closely with the Director of Finance and other leaders to maintain fiscal integrity and support strategic decision-making.