Director of Finance

JOB DESCRIPTION

The Cluster Director of Finance is accountable for their portfolio of hotels in respect of understanding and driving financial performance and is responsible to perform all finance activities within the policy, regulatory and contractual framework. The role will business partner with the General Managers and has accountability for developing excellent working relationships across a broad range of internal and external stakeholders, including within Hotel Finance, Commercial, IT, Procurement, Human Resources, Operations, Shared Service Centers (where applicable), Owners and Asset Managers as well as Regional Operations Finance. The Cluster Director of Finance works closely with all Business Partners to develop best-in-class hotel Finance teams, including the participation in all relevant Finance development programs.
You will be and remain familiar with the management agreement for the Hotel and implement processes and procedures to ensure the Hotel is operated in compliance with the management agreement, reporting issues of non-compliance to your supervising manager

What will I be doing?

• Maximize profitability and performance of Managed Hotels or cluster of hotels in scope
• Partner with Central Corporate Functions to identify areas of opportunity, to increase revenues or reduce costs across the estates
• Lead commercial financial analysis, monthly forecasts reviews and meetings, annual budget, cash flow analysis and other financial benchmarking and tools
• Partner with General Managers, hotel management teams to identify opportunities for the hotels (cost savings; revenue initiatives; working capital improvements)
• Serve as a strategic business partner and financial advisor to hotel management and ownership, lead monthly performance review meetings
• Assist and advise team heads in the interpretation and analysis of financial data, recommending courses of action to maximize hotel profitability
• Demonstrate full understanding of Lease / Management Agreements and related implications for hotels in scope for the role
• Provide financial oversight of capital expenditure projects as necessary
• Build competence with relevant Team Members through training, best practice sharing, recognition and rewards, and other professional development opportunities
• Ensure hotels are in compliance with Corporate Policies (SPI’s) and governmental rules and regulations and report irregularities and non-compliant situations as required by corporate guidelines
• https://jobs.hilton.com/apac/en/job/HOT0C96Q/Director-of-Finance