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Director of Finance

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Office Address
Confidential information
Phone
Confidential information
Contact Name
Hospitality jobs
 Vacancies
Email
ceo@bhfirstconsulting.com

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Director of Finance

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Every day is different, but you’ll mostly be:
  • Use financial analysis, data trends and market information to anticipate needs, identify operating/financial issues, and recommend actions to maximise financial return
  • Create the annual operating budget for the property and provide analytical support during budget reviews to identify cost saving and productivity opportunities for department heads
  • Ensure all accounts are reconciled on a monthly basis and oversee the process of credit extension and collection of overdue accounts
  • Review rates and recommend rate strategy to the General Manager; participate in sales strategy meetings
  • Manage accounts payable to balance cash flow and reputation with suppliers
  • Analyse ROI for capital projects prior to committing funds and, upon completion, determine if anticipated results were achieved
  • Maximise cash flow performance of the hotel through controls on inventory (avoid excessive supply), credit and collection, disbursements, deposits and remittances
  • Manage everyday activities, plan and assign work ensuring you always have the right staffing numbers
  • Develop your team and improve their performance through coaching and feedback, and create performance and development goals - recognise good performance
  • Train your team to make sure they deliver with compliance, to our standards and have the tools they need to work efficiently
  • Recommend or initiate any HR elated actions where needed
  • Direct the team on how decision-making impacts profits
  • Drive a great working environment for teams to thrive – connect departments to create sense of one team
  • Implement and maintain acceptable accounting practices as required by company policy and procedures
  • Ensure financial control procedures and systems are ethical and legal
  • Participate in local recognised professional and industry organisations
  • Manage hotel contracts (example: vendor leases and/or service contracts)
  • Other ad-hoc duties – unexpected moments when we have to pull together to get a task done
  • Use financial analysis, data trends and market information to anticipate needs, identify operating/financial issues, and recommend actions to maximise financial return
  • Create the annual operating budget for the property and provide analytical support during budget reviews to identify cost saving and productivity opportunities for department heads
  • Ensure all accounts are reconciled on a monthly basis and oversee the process of credit extension and collection of overdue accounts
  • Review rates and recommend rate strategy to the General Manager; participate in sales strategy meetings
  • Manage accounts payable to balance cash flow and reputation with suppliers
  • Analyse ROI for capital projects prior to committing funds and, upon completion, determine if anticipated results were achieved
  • https://careers.ihg.com/en/job-details/?jobref=Director+of+Finance+and+Business+Support+-+Continental+Plaza+Beach+Resort%7cUK%7c146186#442232

This job listing was provided by Hospitality Job Vacancies. To apply, please use the link in the job description.

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