Finance Manager in Training (MIT)

Job Description

Finance Manager in Training (MIT) | Four Seasons

The Tone:
This is a full-time, in-person role at Four Seasons Hotel New York Downtown, located in New York, NY. Four Seasons is a luxury hospitality company committed to creating exceptional experiences for guests, residents, and partners through genuine care and a world-class employee culture. The company’s vision is to be New York’s Luxury Lifestyle Icon, enriching the lives of employees, guests, and the community by inspiring meaningful connections and delivering passionate service with kindness and integrity. This Finance Manager in Training role is crucial for developing future financial leadership, ensuring precise financial operations, reporting, and support for both the hotel and its residences, directly impacting the company’s mission to create lasting impressions and uphold its commitment to excellence.

The TL;DR
• Role: Full Time
• Type: Full-time
• Location: In-person, New York, NY
• Pay: $70000–$75000 yearly
• Team: Finance Department
• Mission: To learn to prepare and analyze financial reports and maintain accurate accounting records for the hotel and residences, supporting core financial operations.
• Tech Stack: MS Word, Excel, e-mail, Internet

What You’ll Actually Do
• Daily Financial Operations: Support the daily accounting operations across core functions including general ledger, payroll processing, accounts payable, accounts receivable, and cashiering, ensuring smooth financial flow.
• Reporting and Record Keeping: Assist in the preparation and analysis of essential financial reports and diligently maintain accurate and comprehensive accounting records for the hotel and residences.
• Account Reconciliation: Execute detailed reconciliations of daily revenue transactions, deposits, credit card payments, intercompany accounts, and various operating, reserve, and investment bank accounts.
• Close and Budgeting Support: Aid in crucial month-end close activities, including the preparation of journal entries and balance sheet reconciliations, while also assisting with annual budgeting and financial forecasting processes.
• Financial Compliance and Inquiries: Monitor and manage assessments, deposits, and delinquent accounts, assist with collections, participate in required audits and financial reviews, and address account inquiries from residential owners and staff.

The Must-Haves
• Background: This role is suitable for an early career professional seeking to develop exceptional leadership and management skills within a well-structured finance department, with a foundational understanding of accounting principles.
• Experience: Candidates must demonstrate proven exceptional performance in their current role, showcasing clear leadership potential and a proactive mindset for comprehensive hands-on training and departmental rotations.
• Skills: Essential skills include excellent communication, strong organizational abilities, a high attention to detail, effective problem-solving capabilities, and proficiency in English.
• Technical Proficiency: Computer literacy is required, encompassing proficiency with MS Word and Excel, along with the ability to effectively use email and the Internet.
• Bonus: A Bachelor’s degree in Finance, Accounting, or a closely related field is preferred for this development program.