Loews Hotels & Co

Associate Director, Accounting Services

Loews Hotels & Co  •  Nashville, TN (Onsite)  •  4 hours ago
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Job Description

Loews Hotels & Co is a leading owner and operator of luxury hotels with a portfolio of hotels and resorts in the United States. Located in major city centers and resort destinations from coast to coast, the Loews portfolio features one-of-a-kind properties that go beyond Four Diamond standards and embrace their “uniquely local” community in order to curate exciting, approachable and local travel experiences for guests.

Who We Are Founded in 1960, Loews Hotels & Co operates iconic hotels and resorts across the U.S. Together, our diverse and welcoming teams craft exceptional experiences in iconic destinations.

Growth and belonging start here; you’ll be valued for who you are and the goals you have. Whether your next career chapter involves making memories for guests or supporting our properties in our Corporate Office, every role—from Guest Services to Finance, Culinary to IT—offers opportunities to grow and make a meaningful impact.

Creating a Team Member experience where you belong no matter what age, race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status that makes you, you is a daily focus for us.

What We Offer

  • Competitive health & wellness benefits, 401(k) & company match

  • Paid Sick Days, Vacation, and Holidays, Paid Bereavement, Paid Pet Bereavement

  • Training & Development opportunities, career growth

  • Tuition Reimbursement

  • Pet Insurance

  • Team Member Hotel Rates, other discounts, perks and more

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 experiencerequiredBachelor's Degree in Accounting, Finance or Business Administration preferred 

  • Strong understanding of GAAP and SOX Controls

WhoYou’llSupervise:

  • Accounting Managers

  • Senior Accountants

  • Accountants

Loews Hotels & Co

About Loews Hotels & Co

Loews Hotels & Co was founded in 1960 and continues to own and operate hotels and resorts in the United States. Headquartered in New York City, hotel destinations include Arlington, Atlanta, Chicago, Chicago O'Hare, Coral Gables, Hollywood, Miami Beach, Nashville, New Orleans, New York, Orlando, Philadelphia, San Diego, St. Louis, and Tucson. Loews Hotels Hotels & Co operates as a subsidiary of Loews Corporation (NYSE: L).

WHO WE ARE:

We are a dedicated team focused on allowing our guests to flourish when they are with us. From our most senior of management, to our newest team members, we are all forged of the same hospitality DNA. That defining characteristic is a willingness and commitment to offer comfort, care, and everything in us to all who come through our doors. We invest in training and development opportunities for all team members so they may grow and develop as individuals. We embrace diversity at our core and offer the opportunity for all team members to reach their potential as professionals. We promote social responsibility by being a good neighbor in the communities in which we reside. At Loews Hotels & Co, we seek to create a dynamic culture that makes work interesting, challenging, fulfilling and fun.

EQUAL EMPLOYMENT OPPORTUNITY

Loews Hotels and Resorts is an Equal Opportunity Employer Minorities/Women/Veterans/Disabled

All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, or protected veteran status and will not be discriminated against on the basis of disability.

Industry
Travel & Hospitality
Company Size
1,001-5,000 employees
Headquarters
New York, New York
Year Founded
1960
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