Finance Associate/Manager

| Greater LA Area
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Summary/Objective

 

This is a key role that provided the link from the LA club and central office with corporate finance and outsourced accounting groups in the UK.  Key objectives are to implement and maintain strong accounting and financial processes in line with company standards, ensure accurate financial and management reporting, and provide support to local GM and VP as required.

 

Essential Functions

 

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

 

  • Support most aspects of day to day transactional accounting and processes including:
    • managing purchase invoice receipt, processing and approvals
    • monitor and manage accounts payable and receivable including local membership subscriptions
    • monitoring sales invoices for each part of the business and assisting in preparation of information for tax reporting as required
    • ensure employee expense forms are approved, have correct backup and are processed on a timely basis
    • assist the central accounting team in ensuring local revenue systems are kept fully reconciled on an ongoing basis and following up/resolving any differences
    • help in the preparation of payroll
    • ensure company financial controls and policies are maintained

 

  • Review, monitor and provide financial reports including:
    • Review and check centrally provided monthly management accounts and explain variances, in collaboration with local GM and VP
    • Help develop, prepare and analyze local management reports, including variance analysis and any reports for regulatory bodies
    • Report to corporate office in London every Monday the key operational and financial performance of the business in the previous week and updates of operational and financial forecasts for the forthcoming periods
    • Provide local input to central financial team in review of short and long term financial forecasting P&L and cashflow models
       
  • Other responsibilities include:
    • Providing financial administrative support to the management team
    • Key point of contact for in-house concession partners and ensuring their financial requirements are met
    • Analysis of current working contracts within the P&L (operating costs) and assist the operations team to evaluate alternate suppliers and options where required
    • Working closely with individuals across the business at all levelsAny other ad hoc requests

 

Competencies

 

  • Collaboration Skills.
  • Communication and Leadership.
  • Decision Making.
  • Financial Management.
  • Problem Solving/Analysis.
  • Stress Management/Composure.
  • Teamwork Orientation.
  • Time Management.
  • Technical Capacity.
  • Broad Accountancy Skills.

 

 

Position Type/Expected Hours of Work

 

This is a full-time, exempt position that regularly requires liaising with London, UK therefore standard working hours from 8am to 5pm.  May require additional hours on occasional basis.

 

Education and Experience

 

  • At least 3 years’ relevant experience in similar roles and a Bachelor’s degree in Accounting, Finance, or similar discipline; or a comparable combination of education and experience
  • Experience working within hospitality (restaurant, hotel, events, membership organization or similar) preferred but not essential
  • Ideally hold or studying towards a relevant finance qualification
  • Good Excel skills including variance analysis and modelling 
  • Enthusiastic, committed, and a fast learner with previous experience of a busy environment
  • Strong communication skills
  • Ability to work with individuals across departments and liaise with external customers and contacts
  • Solid organizational skills and the ability to prioritize a varied workload

 

Work Environment

 

This job operates in an office environment and a private club environment. This role routinely uses standard office equipment such as printers, computers, and phones. While performing the duties of this job, the employee may be exposed to outdoor temperatures, airborne particles, and loud noise levels in the work environment.

 

Physical Demands

 

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.

 

While performing the duties of this job, the employee is regularly required to talk and hear. This position may occasionally require standing, walking, and bending. The employee may occasionally lift and move boxes or items up to 20 pounds.

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Location

737 N. La Cienega Blvd., Los Angeles, CA 90069

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