Director of Finance

Contact Details

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

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Director of Finance

The Finance Director is responsible for understanding and promoting the hotel’s financial performance and is responsible for conducting all financial activities within the framework of the policies, regulations and contractual frameworks.

 

The role works with the General Manager and is responsible for building excellent working relationships across a wide range of internal and external stakeholders, including hotel finance, commercial, IT, procurement, human resources, operations, owners and asset managers, and Regional Operations Finance.

  • Maximize hotel profitability and performance.
  • Work with the general manager to identify opportunities for revenue growth, cost savings, and working capital improvements.
  • Lead financial processes, including annual budgets, monthly forecast reviews, cash flow analysis, and benchmarking tools.
  • Conduct financial analysis, monitor market trends, and assess competitive conditions to support business decisions and maximize profitability.
  • Monitor and ensure the financial stability of the hotel by identifying, assessing and managing financial risks.
  • Ensure financial oversight of capital projects and ensure compliance with budgets and schedules.
  • You will act as a strategic business partner and financial advisor to hotel management and ownership, moderate monthly performance reviews and give presentations
  • Ensure accurate and timely month-end reporting to Hilton EMEA and owners within set deadlines.
  • Monitor and optimize operational costs and maximize efficiency while maintaining compliance with corporate policies and government regulations.
  • Evaluate and improve financial processes within the department to increase efficiency and effectiveness.
  • Ensure the accuracy of income statements, balance sheets, and other important financial documents.
  • Lead and develop the finance team by fostering a culture of continuous improvement, training, performance excellence, and professional development.
  • Ensure effective communication within the finance team, including regular meetings to discuss relevant company and hotel updates.
  • Work with hotel management to identify revenue initiatives, cost savings, and process improvements.
  • Take on other assigned tasks and responsibilities, including participating in financial projects.
  • Show a complete understanding of the rental and management contracts and ensure that the hotel complies with corporate and legal requirements.
  • Transparently communicate key financial insights and variances to owners and the regional finance director.
  • Strengthen competency among team members through training, recognition, and sharing best practices.
  • Monitor business processes to maximize departmental efficiency and ensure management goals are met.https://efet.fa.us2.oraclecloud.com/hcmUI/CandidateExperience/en/sites/CX_1009/jobs/preview/222870

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

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