Associate Director, Accounting Services

WhatWe’reLooking For:

The Associate Director, Accounting Servicesis responsible fordirecting the centralized accounting team of Loews Hotels servicing hotels across the United States and the corporate office. Provides leadership on all components of accounting services to include general ledgers, income reporting and audits, fixed assets, revenue taxes, month end closings, cash and bank account reconciliations, balance sheet account reconciliations, and compliance audits. Responsible for recording transactionsin accordance withGAAP and delivering exceptional experience for key stakeholders and team members. Collaborates closely with Loews Hotels Corporate Office disciplines and all Loews Hotels entities to ensure compliance with internal controls, policies, and procedures. Provides input and feedback based on business flow to support brand and individual hotel strategies. Assists the Director to ensure the effectiveness and efficiency of the Accounting Services department in alignment with Brand Principles and Standards of Loews Hotels.

Who YouAre:

• A relationship builder with a dynamic approach to developing connections

• A continually curious forward thinker who loves to find creative solutions

• Comfortable with taking the lead in a variety of settings

• Collaborator who excels in an exciting, ever-evolving environment

• A proven leader, able to advocatenew ideas, set an example for co-workers, delegate responsibility, create training plans, empower associates to make sound decisions and provide constructive feedback to others

What YouWillDo:

• Directs monthly bank reconciliations to ensure timeliness, compliance, and accuracy.

• Directs monthly balance sheet reconciliations to ensure timeliness, compliance, and accuracy.

• Communicates material adjustments of reported financial results to executive leadership.

• Conducts periodic balance sheet reviews with the Directors of Finance for each hotel location.

• Directs the month end close process to ensure timeliness, compliance, and accuracy.

• Directs the activities of the income audit and revenue recognition team to ensure timeliness,complianceand accuracy.

• Directs the activities of the fixed asset team to ensurethe accuratereporting of capital spend, depreciation, and asset disposals.

• Directs the activities of the revenue tax team to ensure the timeliness and accuracy of tax filings.

• Assists the Director with creating or enhancing internal controls.

• Ensuresinternal controls are in place, adhered to, andmonitoredthrough monthly testing procedures.

• Coordinates due diligence requests and random testing activities for internal and external audits.

• Responsible for the hiring,onboardingand training of all departmental new hires.

• Responsible for the training of Hotel Directors of Finance on all responsibilities related to FSC Accounting Services.

• Maintains and updates training documentation as needed.

• Responsible for team member engagement and creating a positive work environment.

• Reports performance statistics and workflow metrics to executive management.

• Identifiesopportunities and recommendations for improvement; Implements action plans.

• May berequiredtoworkvarying schedules to reflect business needs.

• Required to attend all training sessions and meetings.

• Assists the Director in being accountable for labor and operating expense spend of the departmentin accordance withbudgetary guidelines.

• Develops the leadership team in alignment with Loews Hotels standards and expectations.

• Maintains a positive, quality environment that positions Loews Hotels as the employer of choice in approved hiring markets;establishingpolicies and protocols collectively as a center.

• Other duties as assigned

Your Experience Includes:

• Written and Oral Communication – Speaks and writes clearly and informatively; Varies writing style to meet needs; Presents numerical data effectively; Able to read and interpret written information.

• Change Management - Communicates changes effectively; Builds commitment and overcomes resistance; Prepares and supports those affected by change; Monitors transition and evaluates results.

• Delegation - Delegates work assignments; Matches the responsibility to the person; Gives authority to work independently; Sets expectations andmonitorsdelegated activities; Provides recognition for results.​

• 3-5 years of accounting experiencerequired.Bachelor's Degree in Accounting, Finance or Business Administration preferred

• Strong understanding of GAAP and SOX Controls

WhoYou’llSupervise:

• Accounting Managers

• Senior Accountants

• Accountants