A great opportunity to join as a Director of Finance at a Luxury 5 star hotel in RomeThe Director of Finance provides strategic leadership, functional guidance and valuable insights to the General Manager, to the Partner, to the Executive Committee and to Department Heads for optimal business decision; Interacting with hotel’s legal counsel, insurance companies, tax consultants, auditors, commercial and government banks to effectively control the assets of the business.Provide strategic leadership and business support for the management team through the management of the financial analytics function, capital, projects, operational finance matters, procurement activities and prepare short and long-term plans, forecasts and budgets for capital and operating spend.He/she will be a highly motivated team player with strong accounting, communication, business presentation, analytical skills, and strong systems background.DUTIES AND KEY RESPONSIBILITIESUse financial analysis, data trends and market information to anticipate needs, identify operating/financial issues, and recommend actions to maximize 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.Analyse ROI for capital projects prior to committing funds and, upon completion, determine if anticipated results were achieved.Maximize cash flow performance of the hotel through controls on inventory (avoid excessive supply), credit and collection, disbursements, deposits, and remittances.Manage day-to-day activities, plan, and assign work, and establish performance and development goals for team members. Provide mentoring, coaching and regular feedback to help manage conflict, improve team member performance, and recognize good performance.Educate, train, and motivate finance and accounting teams to achieve hotel revenue goals. Ensure employees have the information, market data, tools, and equipment to successfully carry out job duties. Provide direction to hotel employees on how decision-making impacts profits.Promote teamwork and quality service through daily communication and coordination with key department heads.Ensure accounting practices, support the guest experience through payment options (example: credit card systems, room charges), inventory controls and financial dispute resolution.Implement and maintain acceptable accounting practices as required by company policy and procedures.Develop and implement financial control procedures and systems; maintain records for internal and external audits; ensure compliance with government regulations and contractual agreements.QualificationsBachelor’s degree or higher education qualification or equivalent in Accounting, Finance and 5-10 years in hotel accounting or audit with at least five years in a Director of Finance or similar supervisory role, or an equivalent combination of education and work-related experience.Knowledge of accounting management duties such as negotiating hotel space and tenant leases; processing payroll; performing asset management duties; providing business projections, displacement analysis, preparing government reports, filing tax returns, etc. as needed or requested. Professional accounting or finance designation or certification preferred.Only Shortlisted Candidates will be contacted.Upload your resume and our tool will compare it to the requirements for this job like recruiters do.
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