Director of Finance

SLS Baha Mar welcomes you to an unforgettable journey where every moment is a testament to the art of hospitality. We are a playground for the mischievous, a haven for those seeking the allure of grandeur, and a place where you can truly feel alive. 

We have an exciting job opportunity to join our Finance team as a Director of Finance at SLS Baha Mar, Nassau, The Bahamas.

JOIN THE ENNISMORE FAMILY TODAY!

 The Director of Finance is responsible for providing consistent leadership in the financial area of the hotel by supplying management with guidance and training. He/she is also responsible for focusing on the profitability of the business, maintaining accurate and timely financial reporting, ensuring acceptable levels on internal control, ensuring compliance with all federal, state, and local regulations, and safeguarding owners/investors assets.

Duties & Functions:

• Perform external financial statement preparation including quarterly, annual and periodic reports filed with the SEC and GCB
• Perform accounting research as needed relative to new accounting standards and coordinate the implementation efforts
• Assist in the quarterly and annual external audits process.
• Coordinate the Company’s SOX section 404 compliance program including assessment of controls.
• Support and promote internal control standards to ensure compliance with accounting policies and procedures.
• Performs all functions in accordance with applicable Gaming Control Board, Federal and other laws and gaming regulations and SLS Baha Mar policies and procedures
• Ensures the highest possible standards of guest service are provided and listens and responds to external and internal guests concerns and questions
• Fully responsible for all activities of entire accounting staff who are responsible for Payroll, GL, AP, AR
• Responsible for month end and prepares all monthly financial statements and reports
• Provides periodic cash flow and cash position analysis
• Approves payroll runs
• Directs determination of depreciation rates to apply to capital assets
• Responsible for all tax filings with regulatory agencies
• Ensures adequate coverage for the Financial Accounting teams; oversees the supervision of staff, including work allocation, scheduling, training and problem resolution
• Contributes to departmental effectiveness by identifying short-term and long-range issues and goals, recommending courses of actions, and implementing directives
• Directs and controls all internal business activities for the Financial Accounting team
• Ensures and maintains a system of internal controls for all departments and administrative controls as related to team members, policies and procedures, MICS and ICS
• On a monthly basis, reviews all expenditures, financial reports and other information provided to department heads to ensure accuracy including balance sheet and profit and loss reconciliations by account
• On a monthly basis, participates in the month end process of reviewing preliminary financial statements with department heads and resolves any unknown or unexplained items, acting as a liaison between accounting and departments heads
• Performs hiring, training, scheduling, supervising and performance evaluations of Accounting Manager and Payroll Manager
• Establishes goals and objectives for the Financial Accounting team
• Ensures company expenditure disbursements comply with company policies and have been authorized and classified correctly
• Liaisons with IT to resolve any system problems related to financial systems
• Coordinates activities with external and internal auditors
• Conducts internal audits of data to ensure accuracy and integrity
• Establishes, or recommends to management, major financial objectives and policies for the hotel. Keeps leadership and other departments informed of status of activities and of significant events and problems by attending meetings, submitting reports, and meeting individually as necessary
• Assists managers in developing, implementing, and monitoring individual budgets
• Assists managers with understanding and analyzing the budgets, identifying operational implementations to improve efficiencies and outcomes
• Improves staff effectiveness by: coaching, counseling, training and recommending disciplinary action for team members; and planning, delegating, monitoring, and appraising job tasks and results in a timely manner
• Coordinates the technology needs of the office; ensures staff is fully trained on systems, policies and procedures
• Conducts annual department evaluation and assessments of department components and staff according to established policies, procedures, and regulations for the accounting team
• Contributes to a team effort and accomplishes related results as required
• Attends, and satisfactorily completes all required training as assigned and required
• Other duties as assigned

ADDITIONAL RESPONSIBILITIES

• Communicate effectively, both verbally and in writing, to provide clear direction to the venue teams.
• Communicate with employees using a positive and clear speaking voice, listen to and understand requests, respond with appropriate actions and provide accurate information.
• Remain calm and alert, especially during emergency situations and/or heavy restaurant activity, serving as a role model for team and other employees. Interact with other department personnel and venue staff as needed.
• Make decisions and take actions based on previous experience and good judgment, sometimes revising procedures to accommodate unusual situations.

To be aware of and ensure constant compliance with all necessary operational policies including:

• Health and Safety
• Food Hygiene
• Maintenance
• Emergency Procedures
• Liquor Licensing

SUPPORTIVE FUNCTIONS

In addition to performance of the essential functions, this position may be required to perform a combination of the following supportive functions, with the percentage of time performing each function to be solely determined by the supervisor based upon the particular requirements of the company.

• Attend mandatory meetings including divisional meetings, staff meetings, etc.
• Participate in community events and ensure corporate social responsibility goals of SLS are met.
• Utilize traditional software programs such as Microsoft Office (Word, Excel, Outlook, and PowerPoint), Micros, ADP, Open Table and any departmental specific systems used.
• Keep work area clean and organized.
• Ensure confidential documents are kept in a secured area.
• When disposing confidential documents that contain any personally identifiable information, they must be shredded or pulverized.
• Complete other duties as assigned by the General Manager.
• Demonstrate positive leadership characteristics, which inspire Team Members to meet and exceed standards.
• Ensure compliance with SLS policies and procedures.

OTHER DUTIES

• Assimilate into SLS culture through understanding, supporting and participating in all SLS elements. Demonstrate working knowledge of the service standards.
• Regular attendance in conformance with the standards, which may be established by SLS from time to time, is essential to the successful performance of this position.
• Due to the cyclical nature of the hospitality industry, employees may be required to work varying schedules to reflect the business needs of the property.

The individual must possess the following knowledge, skills and abilities and be able to explain and demonstrate that he or she can perform the essential functions of the job, with or without reasonable accommodation.

• BA or BS degree with emphasis in Accounting, Business, Finance or Economics is preferred.
• Experience in Hospitality, Restaurants and Nightlife Accounting preferred
• Minimum five (5) years of experience in finance/accounting with direct oversight of SEC reporting and SOX compliance is required, preferably in an upscale or lifestyle brand hotel
• Strong knowledge of GAAP
• Proven team leader with a high level of energy and motivation with a proven track record of living the company's values
• An intermediate to proficient understanding of Computer systems such as: Opera, Microsoft Word, Excel & Outlook is preferred
• Enter and locate work related information using computers and/or point of sale systems
• Ability to spend extended lengths of time viewing a computer screen
• Possess a gracious, friendly, and fun demeanor
• Ability to multitask, work in a fast-paced environment and have a high level attention to detail
• Maintain positive and productive working relationships with other employees and departments
• Ability to work independently and to partner with others to promote an environment of teamwork
• Must be able to stand or walk a minimum eight-hour shift.
• Must be able observant and quick to respond to various situations while also multitasking and handling stressful situations.
• Must be able to twist, tow (push or pull), reach, bend climb and carry objects as necessary.
• Must have excellent communication skills and be able to read, write, speak and understand English.
• Must be able to work inside and outside at all times of the year as needed, based upon business volumes.
• Knowledge of federal, state and local laws governing equal employment opportunity and civil rights, occupational safety and health, wage and hour issues, and labor relations

SAFETY REQUIREMENTS

Personal Protective Equipment (PPE) may be required when performing work duties that may have the potential of risk to your health or safety. The restaurant will provide the required PPE. Team members will be trained in the proper use and care of any assigned PPE. It is your responsibility to report defective, damaged or lost PPE, or equipment that does not fit properly, to your Manager.

Requires ability to lift large and heavy packages and boxes and to the ability to load and unload small and large boxes as needed. Must have ability to safely lift minimum of 50 lbs. without assistance and to push and pull up to 150 lbs. with appropriate equipment.

GROOMING/UNIFORMS

All employees must maintain a neat, clean and well-groomed appearance. Specific uniform guidelines and/or required articles of clothing will be explained to you as a part of the orientation process.

OTHER

Additional language ability preferred.

NOTICE

• The hospitality business functions seven days a week. In addition, this is a hospitality business and a hospitable service atmosphere must be projected at all times.

• Upon employment, all employees are required to fully comply with the company rules and regulations for the safe and efficient operation of the facilities. Employees who violate restaurant rules and regulations will be subject to disciplinary action, up to and including termination of employment.

• This document reflects the job content at the time of writing and will be subject to periodic change in the light of changing operational and environmental requirements. Such changes will be discussed with the jobholder and the job description amended accordingly.