About our Company
Sydell Group
Founded by Andrew Zobler, Sydell Group is the creator and manager of unique hotels deeply rooted in their location and architecture. Sydell's core expertise is an ability to collaborate with original talent within the world of design, food & beverage, and retail, and bring them together in the creation of compelling new hotels that engage the communities around them. Sydell Group’s diverse portfolio of award-winning properties includes NoMad New York, Los Angeles and Las Vegas; the LINE LA, DC and Austin; Freehand New York, LA, Miami, and Chicago; The Ned, London; Park MGM, Las Vegas; Saguaro Palm Springs and Scottsdale; and the upcoming NoMad London and LINE San Francisco.
We are seeking a dynamic Director of Finance to join our team. A successful candidate will have a genuine passion for the hospitality industry and an entrepreneurial spirit.
Responsibilities
Must be courteous and gracious, maintaining a professional demeanor at all times
Establish and maintain good communications and team work with fellow colleagues and other departments within the hotel
Develop accounting objectives, budgets, rolling forecasts, policies, procedures, and strategies for all properties
Must possess a solid working knowledge of GAAP
Prepare daily and monthly cash flow forecasts
Train and supervise Accounting staff
Schedule Accounting hours and assign duties and responsibilities in accordance with work requirements
Develop, analyze, and interpret statistical and accounting information in order to appraise operating results in terms of profitability, performance against budget, and other matters bearing on the fiscal soundness and operating effectiveness of the organization. Suggest proactive actions required to accomplish business results
Maintain accounts and keep books and records on all the property transactions and assets
Coordinate and direct the preparation of budget and financial forecasts, institute and maintain other planning and control procedures (including cost accounting system), and analyze and report variances
Review and approve monthly reconciliations of balance sheet accounts
Evaluate and maintain payroll cost efficiency; assist payroll administrator in ensuring proper payroll functions
Establish cost improvement objectives and implements action plans
Provide leadership in guiding the properties to achieve desired financial goals
Completion and analysis of monthly financial reports and G/L reconciliations in areas of income, expenses, and earnings based on past, present, and future operations
Ensure accuracy of all monthly financials
Ensure monthly financials are complete by timelines set forth by Sydell Group
Follow depreciation rates set by Sydell Group to apply to capitalized items
Manage necessary tax and financial audits
Responsible for tax compliance with all federal, state, local, payroll and all other applicable taxes
Adhere to all standards of operations, policies and procedures, manuals, memos and verbal instructions
Maintain “open door” communication with employees
Control labor and operating expenses through effective scheduling, budgeting, purchasing decisions, and inventory and cash control
Responsible for interviewing, selecting, training, guiding, managing and scheduling personnel
Monitor and develop employee performance to include, but not limited to, providing supervision, conducting counseling, evaluations, setting annual goals and delivering recognition and reward
Ensure each staff understands job expectations
Maintain awareness of documentation needed and retained in employee files
Be familiar with all safety and emergency procedures including OSHA requirements
Attend relevant meetings
Core Competencies
Bachelor’s degree in finance required
5 to 10 years related experience in a leadership role
Hospitality experience preferred
Excellent reading, writing and oral proficiency in the English Language
Excellent organizational skills
Excellent attention to detail
Ability to multitask
Excellent communication skills
Ability to understand and work in various accounting systems
Proficient in Microsoft Office, Internet
Work well under pressure, requires being a team player
Compensation & Benefits
We offer competitive wages and benefits while fostering a diverse and inclusive work experience.
We thrive in being a diverse work environment. Consideration for employment will be based upon personal capabilities and qualifications without discrimination based on race, color, religion, sex, gender identity, age, national origin, disability, sexual orientation, or any other protected characteristic as established by law.
About our Brand
Designed in collaboration with Sean Knibb, the LINE LA, originally built in 1964, embraces its mid-century bones and culturally rich neighborhood to create an inspiring boutique hotel experience. A place of community and gathering, the LINE LA’s lobby welcomes travelers and neighbors alike. Between locally crafted dishes, a shop locally-curated by art and design collective Poketo, and nightlife vibes designed by the Houston Brothers, the LINE delivers a rich, layered, urban experience unlike any other in Los Angeles.