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    Assistant Director of Finance - Los Angeles, United States - Living Room LA

    Living Room LA
    Living Room LA Los Angeles, United States

    1 week ago

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    Description
    About Us


    A private members' club catering to a community with a passion for music, art, film, fashion and design located in the burgeoning Hollywood Studio District in Los Angeles, California.

    Our Culture
    We are deeply passionate about our work, and our endeavors are driven by a sense of nobility.

    Living Room embraces a dynamic, people-centric approach that values ongoing improvement in our methods, which is at the core of our successful business strategy.

    We believe that hospitality is a noble pursuit because it's fundamentally good and an ideal worth chasing. It's a dynamic, human-centered way to operate a business. Teamwork is how we bring this idea to life. We believe in a set of guiding tenets - Human, Curious, Empathetic, Soulful, and Honest. We provide structure along with culture to help our team members thrive. You will have the personal freedom to curate immersive experiences for our members and guests.

    The Team

    At Living Room, the Assistant Director of Finance plays a crucial role in shaping and executing club-wide strategies.

    They actively contribute to the development and implementation of strategies that ensure our products and services not only meet but exceed the expectations of our target members and club team.

    This role brings financial expertise to the table, facilitating the successful implementation of Living Room's service strategy and brand initiatives while optimizing returns on investment.

    They will also collaborate in crafting and executing a business plan that aligns seamlessly with the overall club and Living Room's business strategy.

    Their focus lies in overseeing financial and accounting activities, ensuring the delivery of desirable financial results that contribute to the success of Living Room.


    A successful ADOF will be professional and hospitable with strong computer skills and a thorough understanding of accounting and financial principles.

    A skilled multi-tasker with excellent time management, computer, and communication skills.

    The Role

    Profit Improvement:

    Assist in the development of strategies to improve profit, including cost and benefit estimation, exploring new business opportunities, etc.


    Budget Planning and Analysis:
    Analyze information, forecast sales against expenses, and create annual budget plans. Compile and monitor actual sales against projected sales, identifying differences for more efficient budget planning. Provide analytical support during budget reviews to identify cost-saving and productivity opportunities.

    Controls and Risk Management:
    Assist in the implementation of controls to manage business risks. Ensure a strong accounting and operational control environment to safeguard assets and improve operations.

    Financial Analysis:
    Analyze financial data and market trends to support decision-making. Provide ongoing analytical support by monitoring actual and projected sales in operating departments.

    Business Planning:
    Assist in the development and implementation of a comprehensive annual business plan aligned with the company's strategic direction.

    Communication and Reporting:
    Communicate strategic goals, focus, and owner priorities clearly to subordinates. Generate accurate and timely reports, presentations, etc., to communicate financial results.

    Audit Oversight:
    Oversee internal, external, and regulatory audit processes.

    Cash Flow Management:

    Demonstrate an understanding of cash flow and manage property working capital in accordance with brand SOPs and owner requirements.


    Financial Documentations:
    Ensure accurate documentation of Profits and Losses. Prepare and maintain timely and accurate Balance Sheet reconciliations. Monitor and remit all applicable taxes, ensuring current, collected, and/or accrued.

    Compliance and Reporting:
    Ensure compliance with standard and local operating procedures (SOPs and LSOPs). Submit reports in a timely manner, meeting delivery deadlines.

    Requirements
    Bachelor's degree in Finance and Accounting or a related major.
    3-5 years of experience in finance and accounting in hospitality or related professional area.
    Competency in MS Office, databases, bookkeeping, and basic accounting procedures/software.
    Hands-on experience with spreadsheets and financial reports.
    Accuracy and attention to detail with data entry and word processing.
    Ability to multitask, build relationships, and communicate with various personalities in a fast-paced environment.
    Pre-opening hotel/Food & Beverage experience is a plus

    Benefits
    100% Healthcare coverage including Dental and Vision, it's part of our commitment to you
    Wellness Benefits for a balanced lifestyle
    Competitive 401k match for your financial future
    Unlimited PTO for salaried members, because you deserve it
    Career Growth opportunities that empower you
    Leader in Development Program
    Learning & Development for your growth with us
    Immersive Trainings that nurture your talents
    Fun and Exciting Team Member Events that build bonds
    Free Team Member Meals to fuel your creativity


    If you are a creative, passionate individual with a talent for creating unforgettable experiences, we want to hear from you.

    Join our team and help us take our members on a journey of discovery through art, design, and culture.

    Live better, leave better - be you.
    #J-18808-Ljbffr
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