Director of Finance

3 months ago

Doha, Qatar Talent Pal Full time

Director of Finance - Waldorf Astoria Lusail Doha

The Director of Finance is responsible for overseeing the hotel's financial performance, ensuring all financial activities comply with policies, regulations, contractual obligations, and financial profitability. This role works closely with the General Manager and plays a key role in fostering strong relationships with a broad range of internal and external stakeholders, while also working to maximize profits for shareholders and owners. Additionally, the Director of Finance ensures the hotel operates in full compliance with the management agreement.

**What will I be doing?**

The Director of Finance is accountable for the hotel in respect of understanding and driving financial performance and is responsible to perform all finance activities within the policy, regulatory and contractual framework.

As the Director of Finance, you will be responsible for performing the following tasks to the highest standards;
**Financial Accounting & Control**:

- Oversee accounting records, financial reports, and compliance with company, owner, and statutory requirements.
- Maintain internal controls to safeguard assets and ensure accurate financial reporting.
- Ensure compliance with legal, tax, and insurance requirements.

**Management Reporting**:

- Develop and deliver timely, accurate management information and performance reports.
- Implement reporting systems with KPIs, benchmarking, and balanced scorecards.

**Business Support**:

- Provide financial and commercial advice to the General Manager and hotel team.
- Support business development and pricing decisions with financial insights.

**Strategic Planning & Forecasting**:

- Assist in strategic planning and budgeting processes.
- Manage regular forecasting and provide alerts on business trends.

**Cash & Working Capital Management**:

- Optimize cash flow and manage working capital effectively.
- Ensure accurate cash flow forecasting and strict control over bank accounts.

**Cost Management**:

- Analyze and control costs, ensuring effective purchasing procedures.
- Benchmark costs and identify opportunities for cost reduction.

**Team Leadership**:

- Recruit, develop, and lead the finance team, ensuring high performance.
- Foster good employee relations and maintain an efficient finance department.

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 are we looking for?**
- Strategic thinker with the ability to formulate effective goals, objectives and priorities with a long term perspective
- Strong communication and negotiation skills (all levels of management and external customers)
- Financial and operational analytical skills (operational analysis)
- Knowledge of departmental and hotel operations
- Ability to exercise judgment in evaluating situations and in making sound decisions
- Ability to analyze and interpret financial data
- Leadership and organizational skills (team orientation, flexible, adaptable)
- Ability to analyze large volume of complex financial information from many sources and create reports, forecasts projections

Additional Preferences:

- University degree in Accounting or Finance / Accounting certification (eg CIMA)
- Hotel level or industry experience

**What will it be like to work for Hilton?**

The future of hospitality is bright at Hilton: a leading global hospitality company with a diverse portfolio of world-class brands. Dedicated to filling the earth with the light and warmth of hospitality, we have welcomed more than 3 billion guests in our more than 100-year history. Hilton is proud to have an award-winning workplace culture, and we are consistently named among one of the World's Best Workplaces.

We support the mental and physical wellbeing of all Team Members, so they can Thrive, thanks to innovative programs and benefits such as workplace flexibility, career growth and development, and our
**Go Hilton Team Member Travel**
discount program. Hilton prioritizes understanding and integrating our Team Members' unique perspectives and voices-along with those of our Guests, Owners, Suppliers, and Partners-to cultivate a diverse and inclusive environment for all. Check out the Hilton Careers blog and Instagram to learn more about what it's like to be on Team Hilton

This job has been sourced from an external job board.

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