Director of Finance

Company Name: Arlo Chicago

Compensation: $115,000 - $135,000 per year

Location: Chicago, Illinois

Description of the Role:

SUMMARY DESCRIPTION: Arlo Hotels, an independent lifestyle hotel, is now actively seeking a dynamic Director of Finance. Are you passionate about people, driven by purpose, and clever in your approach? If so, keep on reading! Here at Arlo, we strive to create a sense of awe that leaves those we touch wanting more.

The Director of Finance provides leadership, direction, support, training, development, and supervision to the Finance Department and is responsible for its day-to-day smooth operation. Responsible for accounting and financial requirements of the hotel and will provide financial support, analysis, and advice to the GM and the hotel team to take the business forward. The individual will ensure that procedures in other areas of the hotel comply with Arlo Hotels Financial Policies & Procedures and will work closely with all other departments, particularly revenue-generating and cash-handling areas.

RESPONSIBILITIES AND AUTHORITIES:

1. Provide leadership and support the team in achieving departmental goals and objectives.
2. Responsible for the Balance Sheet and ensuring it is in line with the company’s policy.
3. Work with all employees professionally and courteously.
4. Supervise the daily activities of all accounting team members and ensure team member evaluations are prepared for all direct reports bi-quarterly.
5. Ensure the work environment is safe, clean, and organized.
6. Build strong relations with other hotel departments and team members.
7. Monitor time and attendance records of all accounting team members.
8. Ensure timely dispatch of all reports as indicated on the Reports Schedule.
9. Supervise the archiving of accounting records and coordinate the disposition of records listing.
10. Maintain accurate accounting records and assist in producing financial reports for the hotel.
11. Assist in developing best practices for financial accounting and control procedures.
12. Oversee preparing the Annual Plan, various Financial Reports, and Analysis as requested by the home office or ownership.
13. Manage cash flow and maintain the hotel bank accounts.
14. Ensure proper use and maintenance of financial IT systems.
15. Analyze daily revenues and audit revenue adjustments.
16. Ensure effective communication between the hotel and the client regarding billing and collection.
17. Evaluate monthly production reports and monitor results in relation to goals.
18. Maintain a framework of internal controls to protect the assets, liabilities, revenue & costs.
19. Utilize key performance indicators and benchmarking to assist in the performance of the hotel.

REQUIREMENTS:

1. University Bachelor’s Degree/Diploma.
2. 5-8 Years in a Controller / Director of Finance Position.
3. Previous experience in the Hospitality industry or another accounting role is an asset.
4. Knowledge of Opera (PMS), Micros (POS), Microsoft Excel, ADP, and Oracle Fusion is an asset.
5. Excellent communication and organizational skills.
6. Strong interpersonal and problem-solving abilities.

About the Company:

Arlo Chicago is a leading company in the entertainment industry, specializing in live events and ticket sales. We are committed to providing unforgettable experiences for our customers and creating a positive work environment for our employees.

Arlo is an equal-opportunity workplace, committed to providing an inclusive and welcoming environment for all employees. The company values diversity and ensures that employment decisions are made without discrimination based on race, color, religion, gender, sexual orientation, national origin, age, disability, or any other protected status.