Assistant Director of Finance & Account 1

JOB SUMMARY

We are looking for a highly motivated, analytical, and hands-on Assistant Director of Finance to join our Finance team at W Hotel. Working closely with the Director of Finance, the Assistant Director of Finance will share responsibility for leading the Finance Department, ensuring accurate and timely financial reporting, maintaining strong internal controls, and supporting the hotel's financial performance.

This is a key management position, combining hands-on financial operations with analytical thinking, team leadership, and close collaboration with hotel departments and Marriott International.

Key Responsibilities

• Department Leadership: Share responsibility for managing, leading, and developing the Finance team, ensuring effective daily operations and high professional standards.
• Month-End Closing: Manage and oversee the monthly closing process, ensuring accuracy, completeness, and adherence to reporting deadlines.
• Financial Reporting: Prepare, review, and submit monthly financial statements and management reports in accordance with Marriott International reporting requirements and deadlines.
• Financial Analysis: Analyze financial results, identify trends and variances against budget and forecast, and provide meaningful insights to support management decisions.
• Expense Control: Review, monitor, and audit hotel expenses, ensuring proper authorization, accurate allocation, budget compliance, and adherence to company policies.
• Internal Controls: Ensure implementation and maintenance of effective financial controls, procedures, and compliance with Marriott standards.
• Budgeting & Forecasting: Participate in the preparation of annual budgets, forecasts, and financial projections.
• Operational Collaboration: Work closely with department heads to monitor financial performance, improve cost efficiency, and support business objectives.
• Audit & Compliance: Support internal and external audits, ensuring proper documentation and compliance with accounting policies and procedures.
• Continuous Improvement: Identify opportunities to improve financial processes, reporting capabilities, and the use of financial systems and analytical tools.

Qualifications & Experience

• Bachelor's degree in Accounting, Finance, Economics, or Business Administration.
• Previous experience in finance, accounting, or financial management, preferably in a managerial or supervisory position.
• Strong understanding of financial statements, accounting principles, and month-end closing processes.
• Advanced Excel skills, including complex formulas, data analysis, pivot tables, and advanced reporting capabilities.
• Strong analytical skills, with the ability to interpret financial data and translate it into actionable insights.
• High attention to detail, excellent organizational skills, and ability to manage multiple priorities.
• Strong communication and interpersonal skills, with the ability to work effectively across departments.
• Fluent Hebrew and strong English communication skills, written and spoken.

Advantages

• Previous experience in the hotel industry, preferably within an international hotel chain or luxury hospitality environment.
• Experience with Marriott systems and reporting standards.
• Familiarity with Priority and OPERA systems.
• Experience with advanced Excel tools, Power Query, Power BI, or other data analysis and reporting solutions.
• Experience in budgeting, forecasting, and financial performance analysis.

Professional accounting certification (CPA) is an advantage but not a requirement.