The Betsy - South Beach Miami Beach, Florida
May 20, 2022Full time
The Betsy, located on South Beach's iconic Ocean Drive, is considered one of the country's premier independent boutique hotels. Family owned and operated, it is steps from the beach and in the heart of the most exciting neighborhood in America. Its ownership family works actively with all the members of the extended Betsy team to curate every aspect of the hotel and guest experience, and The Betsy's CEOs (Canine Executive Officers), golden retrievers Betsy and Rosa, welcome every guest. Beyond its 130 elegant guest rooms and suites, the property boasts multiple restaurants by acclaimed Chef Laurent Tourondel as well as a spectacular array of common spaces: the Lobby Bar with exceptional live jazz nine times a week, roof decks and terraces with panoramic ocean and skyline views (including a rooftop pool and bar suspended in mid-air), a coffee bar and gallery space home to just some of the hotel's permanent and rotating art exhibitions, a library open 24/7, and a beach-facing front terrace with the best outdoor dining setup in greater Miami. The Betsy's Writers' Room, just one example of the ownership family's commitment to the arts, has hosted over 1,000 writers-in-residence. Above all, The Betsy is a haven for discerning travelers seeking luxury of experience and transcendent service. We're looking for the best and brightest in every field related to who we are and what we do. If you have a passion for any element of The Betsy's DNA - whether commitment to excellent service, great food, creative arts, music, or simply an appreciation of The Betsy's unique brand of understated, experiential luxury hospitality - we want to hear from you. Summary Direct financial activities, such as planning, procurement, and investments for the Hotel. Tasks Supervise employees performing financial reporting, accounting, billing, collections, payroll, and budgeting duties. Coordinate and direct the financial planning, budgeting, procurement, or investment activities of the Hotel. Develop internal control policies, guidelines, and procedures for activities such as budget administration, cash and credit management, and accounting. Maintain current knowledge of organizational policies and procedures, federal and state policies and directives, and current accounting standards. Prepare or direct preparation of financial statements, business activity reports, financial position forecasts, annual budgets, or reports required by regulatory agencies. Provide direction and assistance to departments regarding accounting and budgeting policies and procedures and efficient control and utilization of financial resources. Analyze the financial details of past, present, and expected operations to identify development opportunities and areas where improvement is needed. Advise management on short-term and long-term financial objectives, policies, and actions. Monitor financial activities and details, such as cash flow and reserve levels, to ensure that all legal and regulatory requirements are met. Evaluate needs for procurement of funds and investment of surpluses and make appropriate recommendations. Monitor and evaluate the performance of accounting and other financial staff, recommending and implementing personnel actions, such as promotions and dismissals. Develop and maintain relationships with banking, insurance, and external accounting personnel to facilitate financial activities. Receive, record, and authorize requests for disbursements in accordance with company policies and procedures. Delegate authority for the receipt, disbursement, banking, protection, and custody of funds, securities, and financial instruments. Conduct or coordinate audits of company accounts and financial transactions to ensure compliance with state and federal requirements and statutes. Lead staff training and development in budgeting and financial management areas. Prepare and file annual tax returns or prepare financial information so that outside accountants can complete tax returns. Compute, withhold, and account for all payroll deductions. Assist in all aspects of employee insurance, benefits, and casualty programs, including monitoring changes in health insurance regulations and creating budgets for benefits and worker's compensation. Receive cash and checks and make deposits. Perform tax planning work. Technology Skills Accounting software - M3 Point-of-Sales System - Micros Point-of-Sales Integration Software - Avero Property Management System - Opera Cloud Supply Chain Management - iBuyEfficient by Avendra and Craftable Electronic mail software - Gmail Human resources software - ADP Workforce Now and MakeShift Office suite software - Microsoft Office Presentation software - Microsoft PowerPoint Spreadsheet software -Microsoft Excel Word processing software - Microsoft Word Knowledge Economics and Accounting - Knowledge of economic and accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data. Administration and Management - Knowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources Mathematics - Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications. English Language - Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar. Law and Government - Knowledge of laws, legal codes, court procedures, precedents, government regulations, executive orders, agency rules, and the democratic political process. Computers and Electronics - Knowledge of circuit boards, processors, chips, electronic equipment, and computer hardware and software, including applications and programming. Skills Critical Thinking - Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems. Judgment and Decision Making - Considering the relative costs and benefits of potential actions to choose the most appropriate one. Complex Problem Solving - Identifying complex problems and reviewing related information to develop and evaluate options and implement solutions. Management of Financial Resources - Determining how money will be spent to get the work done, and accounting for these expenditures. Reading Comprehension - Understanding written sentences and paragraphs in work related documents. Speaking - Talking to others to convey information effectively. Active Listening - Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times. Mathematics - Using mathematics to solve problems. Active Learning - Understanding the implications of new information for both current and future problem-solving and decision-making. Coordination - Adjusting actions in relation to others' actions. Monitoring - Monitoring/Assessing performance of yourself, other individuals, or organizations to make improvements or take corrective action. Writing - Communicating effectively in writing as appropriate for the needs of the audience. Time Management - Managing one's own time and the time of others. Systems Analysis - Determining how a system should work and how changes in conditions, operations, and the environment will affect outcomes. Systems Evaluation - Identifying measures or indicators of system performance and the actions needed to improve or correct performance, relative to the goals of the system. Social Perceptiveness - Being aware of others' reactions and understanding why they react as they do. Learning Strategies - Selecting and using training/instructional methods and procedures appropriate for the situation when learning or teaching new things. Management of Personnel Resources - Motivating, developing, and directing people as they work, identifying the best people for the job. Negotiation - Bringing others together and trying to reconcile differences. Persuasion - Persuading others to change their minds or behavior. Education B.S. in Accounting, Business Management or related field. Experience 5 years of experience as Director of Finance in a hotel or similar business. The Betsy - South Beach is an equal opportunity employer, harassment-free and a drug-free workplace.