Financial Director
2 hours ago
The Director of Finance is a key member of the hotel's leadership team, responsible for overseeing the financial performance of the hotel and ensuring all financial activities comply with policies, regulations, and contractual obligations.
Key Responsibilities:- 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.
- Develop and deliver timely, accurate management information and performance reports.
- Implement reporting systems with KPIs, benchmarking, and balanced scorecards.
- Provide financial and commercial advice to the General Manager and hotel team.
- Support business development and pricing decisions with financial insights.
- Assist in strategic planning and budgeting processes.
- Manage regular forecasting and provide alerts on business trends.
- Optimize cash flow and manage working capital effectively.
- Ensure accurate cash flow forecasting and strict control over bank accounts.
- Analyze and control costs, ensuring effective purchasing procedures.
- Benchmark costs and identify opportunities for cost reduction.
- Recruit, develop, and lead the finance team, ensuring high performance.
- Foster good employee relations and maintain an efficient finance department.
The ideal candidate will be a strategic thinker with strong communication and negotiation skills, financial and operational analytical skills, and knowledge of departmental and hotel operations. They will also have the ability to exercise judgment in evaluating situations and making sound decisions, analyze and interpret financial data, and lead a team to achieve financial goals.
Precision Hire Solution is an equal opportunity employer and values diversity in the workplace. We are committed to providing a safe and inclusive environment for all employees and guests.
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