Operational Finance Reporting Analyst
Full-Time

Freehand Los Angeles
Los Angeles, CA

A property of: Generator Posted 5 days ago

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Director Of Finance Freehand Los Angeles

Who Are We

Part of Generator, Freehand is on a journey. Appropriate, given that we're a hybrid accommodation lifestyle brand. Freehand swung through the US coolest cities on its way to dominating the world. It burst onto the scene in the Americas with the launch of our properties in the country’s biggest markets (NYC, LA, Miami and Chicago) with the acquisition of Freehand Hotels. Created for a new generation of urban travelers, Freehand combines the social culture of a hotel with innovative design by Roman and Williams, comfort and quality food and beverage at an affordable price.

No biggie. Fast Company named us one of the top 50 most innovative global companies. We, of course, agree. And now this top 50 most innovative global company (did we mention that?) wants a pretty awesome Director of Finance.

Our spaces are safe and seriously social, in the proudest part of the beating heart of the cities we love. Cultural action, creative pulse and an outstanding way to waste some of the finite time the universe has given you - that's what Freehand offers. Holds true for staff and visitors equally, and while chic design is always the backdrop, every Freehand in every destination reflects the unique beat of that city's heart.

About Freehand Los Angeles

Housed in the historic Commercial Exchange building, our hotel in downtown Los Angeles is truly one-of-a-kind, featuring suites, premium hotel rooms and shared accommodations with interiors designed by Roman & Williams. The property is a new and exciting presence in the downtown LA scene, offering the classic Freehand accommodation experience for guests, while also fully integrating into the local community with a calendar full of events and activations at the Broken Shaker rooftop bar and pool, Rudolph’s Bar & Tea bar, The Exchange Restaurant, and Cafe Integral. Situated in walking distance to local restaurants, bars, markets and hotspots, Freehand Los Angeles has a real buzz that makes it a pleasure to stay (and work) at.

Summary Description

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 Director of Finance 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.

Essential Duties

  • Effectively manage and communicate cash flow related issues, as required to management and ownership.
  • Coordinate the completion of all forecasts and budgets as required, with the full and active participation of EC Team and department managers.
  • Analyze financial data and operations in order to assist and advise management in maintaining the hotels’ financial objectives.
  • Ensure that all balance sheet accounts are reconciled on a timely basis.
  • Establish and continually audit all internal financial controls including purchasing, cash handling, disbursements, credit extension, inventories, assets, master keys, payroll, and records.
  • Direct and/or prepare all financial reports in accordance with the company’s requirements meeting various due dates and deadlines.
  • Additional duties as requested by management or ownership

Responsibilities And Authorities

  • Responsible for evaluating the financial impact on business decisions.
  • Ensures that all levels of management are promptly notified of any financial deviations from established policies and/or control weaknesses in the hotel.
  • Monitor hotel revenues and expenses and ensure the accurate recording in accordance with the established guidelines. Investigate and critique variances to budget or to prior year.
  • Monitor the capital planning process by assisting management with calculation of return on capital improvements, gathering support and monitoring the bid process, and evaluating scope of work and specifications.
  • Ensure hotels’ compliance on all regulatory licenses and permits, leases, contracts, legal agreements, and the proper execution of all operational taxes.
  • Continually focus on training and development programs for finance associates to cultivate the “brightest” and “best” talent within the industry.

Naturally this is not intended as an exhaustive list of duties. Other duties as may be reasonably required will form part of this job description.

What’s In Your Dna

  • Have a high level of business acumen & impeccable honesty
  • Be an excellent communicator and motivator
  • Be highly commercial and always keep us legal
  • Be creative, innovative and a digitally smart

Your Rock Star Experience

  • A minimum of 8 years of related progressive experience in hotel Accounting or related field
  • Have qualifications or extensive experience in Accountancy/Finance
  • Highly experienced in analysis and requirement gathering, ideally having operated in an organisation through business change and transformation
  • Established, with a proven track record of introducing cost saving financial initiatives, new systems and processes

Our Employee Benefits

  • Birthday holiday in addition to your yearly holiday allocation
  • Fertility Treatment Support Leave - up to three days' paid leave in any one year for an employee to undergo fertility treatment
  • Employee Bounty Program providing opportunities to earn a compensation for new hire referrals with no cap on number of referrals made 
  • Company contribution towards gym membership fees for all eligible employees – look good, feel good, work good
  • Ideas Award - Quarterly award to double gross basic salary for 1 month to employee with most valuable suggestion/feedback
  • 2 free nights’ accommodation across any of our Generator x Freehand properties globally
  • Reduced room rates for staff as well as friends and family members (we operate in several locations across Europe & US so your next holiday is sorted)
  • International career opportunities so you can travel the world while working with us (win-win!)
  • Social events, celebrations calendar & various employee recognition schemes – we never ever need an excuse to let our hair down!
  • Online learning tools to help you develop, learn and grow

Local Employee Benefits

  • 9 holidays
  • Medical + Dental + Vision (subsidised contributions)
  • Life & Disability (employer paid)
  • Paid sick leave, time off and vacation (altogether 96 hours per calendar year)
  • Voluntary products: Voluntary Life, Legal Shield/ID Shield, Pet Insurance, Hospital Indemnity, critical illness, Accident Insurance and FSA

So You Think This Might Be You?

That's cool. Send us your application in English. If you’ve got questions, get in touch!

Also, check out https://freehandhotels.com/ or our social media pages. Here you may well find the answers to life, the universe and everything, including why there are no penguins at the North Pole. We look forward to hearing from you.

Employment will be based upon personal capabilities and qualifications without discrimination on the basis of race, color, religion, sex, gender identity, age, national origin, disability, sexual orientation, or any other protected characteristic as established by law.

Join Us and help us achieve our Vision! 

Freehand Los Angeles

Housed in the historic Commercial Exchange building, our hotel in downtown Los Angeles is truly one-of-a-kind, featuring suites, premium hotel rooms and shared accommodations with interiors designed by Roman & Williams. We’re taking it up a notch in LA, offering upgraded amenities including enhanced bedding, room service, convenient valet and attentive bellman ready to give you a hand.

Address 416 West 8th Street, Los Angeles, CA 90014
Property Type Hotel
# Jobs 6
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