Director of Finance - LA Hotel Downtown

The Director of Finance supervises and directs the financial activities of the hotel, safeguards the assets, and prepares all financial reports in accordance with Generally Accepted Accounting Principles. Also serves as a financial advisor to the Hotel Management team and to Ownership. This position requires a combination of experience and education equivalent to a BA or BS degree in accounting as well as 3-5 years experience in hotel accounting.

Interstate is an EEO/AA/M/F/D/V employer.






Director of Finance


The Director of Finance is responsible for providing ethical and consistent leadership in the financial area of the hotel by supplying management with guidance, training and support.


The DOF is also responsible for focusing on the profitability of the business, maintaining accurate and timely financial reporting, ensuring acceptable levels of internal controls, ensuring compliance with all federal, state, and local regulations, and safeguarding owners/investors assets. Acts as the “Chief Business Officer” to the general manager and EC Team, and as such is responsible for evaluating the financial impact on business decisions. Effectively manage and communicate cash flow related issues, as required to management and ownership. This includes the accurate and timely preparation of cash-flow statements, management of receivables, cash balances, control mechanisms and timely deposits of all funds. Coordinate the completion of all forecasts and budgets as required, with the full and active participation of EC Team and department managers.


The DOF will report to the Regional VP of Finance with a dotted line to the Hotel GM and Asset Manager.


Fluency in Chinese is required.





Located in Los Angeles' financial district, The LA Hotel Downtown is linked to downtown Los Angeles businesses via a second-floor walkway, and is 1 mile from LA Live, NOKIA Theatre, and Staples Center. The LA Hotel Downtown is located in Los Angeles, close to World Trade Center Los Angeles, Walt Disney Concert Hall, and University of Southern California. Nearby points of interest also include Nokia Theater and Staples Center.




The hotel is currently undergoing extensive renovations (completion date subject to change). The following areas are being renovated:


Lobby

Select guestrooms





LA swank


The enormous lobby of The LA Hotel Downtown impresses with original art and crystal chandeliers. The gift shop stocks fine jewelry and luggage as well as last minute essential items.


High-rise views


Guestrooms have floor-to-ceiling windows offering skyline views. Amenities include premium bedding, large work desks, louvered closets, marble baths, and wireless Internet access.


469 air conditioned guestrooms at The LA Hotel Downtown feature coffee/tea makers and safes. Beds come with premium bedding. Bathrooms feature bathrobes, complimentary toiletries, and hair dryers. Wireless Internet access is available for a surcharge. 40 inch flat panel televisions have cable channels and pay movies. Rooms also include irons/ironing boards and clock radios. Guests may request refrigerators, microwaves, and hypo allergenic bedding. Guestrooms are all non smoking.


The LA Hotel Downtown features a coffee shop/café and a bar/lounge. Room service is available during limited hours. The hotel serves buffet breakfasts (surcharges apply). Recreational amenities include an outdoor pool and a fitness facility. This 3.5 star property has a business center and offers audio visual equipment and business services. Wireless Internet access (surcharge) is available in public areas. This Los Angeles property has event space consisting of conference/meeting rooms and exhibit space. Concierge services and tour assistance are available. Guest parking is available for a surcharge. Additional property amenities include multilingual staff, gift shops/newsstands, and laundry facilities. This is a smoke free property.

Division: Accounting/Finance

Division: Administration

Division: Accounting
Facility: LA Hotel Downtown
Category: Hospitality


Nearest Major Market: Los Angeles
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