Overview
The Director of Finance provides strategic leadership, functional guidance, and valuable insights to the General Manager, Partner, Executive Committee, and Department Heads for optimal business decision‑making. The role interacts with legal counsel, insurance companies, tax consultants, auditors, commercial and government banks to control the assets of the business and support the management team through financial analytics, capital projects, operational finance, procurement, and planning.
Responsibilities
- Use financial analysis data, trends, and market information to anticipate needs, identify operating and financial issues, and recommend actions to maximize financial return.
- Create the annual operating budget 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 determine if anticipated results were achieved.
- Maximize cash flow performance through controls on inventory, credit, collection, disbursements, deposits, and remittances.
- Manage day‑to‑day activities, plan and assign work, establish performance and development goals for finance and accounting team members; provide mentoring, coaching, and regular feedback.
- Educate, train, and motivate finance and accounting teams to achieve hotel revenue goals and ensure employees have the information, market data, tools, and equipment to carry out job duties.
- Promote teamwork and quality service through daily communication and coordination with key department heads.
- Ensure accounting practices support the guest experience through payment options, inventory controls, and financial dispute resolution.
- Implement and maintain acceptable accounting practices and develop financial control procedures, maintain records for internal and external audits, and ensure compliance with government regulations and contractual agreements.
- Participate in local recognized professional and industry organizations.
- Manage hotel contracts such as vendor leases and service contracts.
- Assist in preparing annual capital budgets and rolling forecast in conjunction with the General Manager and other department heads.
- Provide accurate, complete financial and management reports to hotel management and owners in accordance with company reporting requirements; maintain records for actual results comparison to budget.
- Analyze and interpret financial data and communicate meaningful variations in operations.
- Assist other department heads in developing and implementing corrective action plans on audit and operational reports.
- Develop and implement benchmarking techniques to enhance revenues while improving productivity and cost efficiencies.
- Ensure adequate cash flow, approve cash disbursements, and document all disbursements and rebates.
- Accountable for development, documentation, and support of financial policies and operational procedures; maintain single chart of accounts and payroll dictionary.
- Protect owners and management company interests in hotel assets and operations; maintain legal records and documents, and keep critical date list current.
- Recommend and assist in design and implementation of methods to improve accuracy of working schedules, labor standards, forecast plans, and monitoring of credit and collection procedures.
- Perform other duties as assigned; may also serve as manager on duty.
Qualifications
- Bachelor’s degree or higher in Accounting, Finance, or equivalent; 5‑10 years in hotel accounting or audit with at least five years in a Director of Finance or supervisory role.
- Strong accounting, analytical, communication, business presentation, and systems background.
- Knowledge of hotel space and tenant lease negotiations, payroll processing, asset management, government reporting, tax returns; professional accounting designation preferred.
- Advanced ability to use Microsoft Excel and PowerPoint; knowledge of Hospitality IT systems.
- Excellent written and oral English and Italian; other language skills desired.
- Strong problem‑solving orientation, influencing skills, and interpersonal skills.
Benefits
- Competitive base salary and yearly bonus.
- Medical insurance under the Collective Labor Agreement extended to family.
- Ticket restaurant.
- Annual leave.
- Heartist Program: Employee benefit card offering discounted rates at ACCOR locations worldwide.
- Learning & development: Opportunity to develop your talent and grow within your property and across the world.
Diversity & Inclusion
We are an inclusive company and our ambition is to attract, recruit, and promote diverse talent.