Director of Finance
About this position
The Director of Finance is an integral part of the 4D structure within the hotel, providing support and technical expertise to other members of the team. This role is responsible for all accounting and financial requirements for the hotel in an environment of tight control.
Responsibilities
As the Director of Finance, you will be responsible for performing the following tasks to the highest standards:
• Overall management of the accounting records and financial reports of the hotel ensuring compliance with company, owner, statutory and fiscal requirements and timetables.
• Where applicable the above must include the accounts for Hilton International’s branch or subsidiary.
• Ensure that the balance sheet is a fair reflection of the assets and liabilities of the hotel. The balance sheet must be regularly reviewed, and reconciliations performed of all accounts.
• Ensure compliance with the Management agreement with Hilton International, and any Owner / Lease agreement.
• Maintain a focused system of internal controls, which will provide an effective and efficient control over the hotel assets, liabilities, revenue and costs, ensuring compliance with company policy.
• Maintain control over the hotel’s assets, liabilities, income and expenditure on behalf of both the Operator and Owner and provide management, leadership and accountability for the financial performance of the hotel.
• Ensure legal and tax compliance and that adequate insurance cover is maintained managing the pension scheme, where applicable, ensuring that adequate accounting, actuarial and legal controls are in place.
• Ensure valid permits and licenses have been obtained for such matters as importation, currency transfers and hotel operations (bars, clubs, casinos etc.).
• Take responsibility for the safekeeping and updating of all leases and contracts, which may affect the financial status of the hotel.
• Liaise and co-operate with both Internal and External Audit, ensuring that an effective programme of in-hotel audit is in place and that corrective action is promptly taken where required.
Requirements
• Strong knowledge of financial accounting and control processes.
• Proven experience in a similar role within the hospitality industry.
• Excellent leadership and management skills.
• Strong analytical and problem-solving abilities.
• Ability to work under pressure and meet deadlines.
• Excellent communication and interpersonal skills.
• Proficiency in financial software and Microsoft Office Suite.