Director of Finance

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Position Overview

Functions as the property’s strategic financial business leader.

The position champions, develops, and implements property-wide strategies that deliver products and services to meet or exceed the needs and expectations of the brand’s target customer and property employees.

The position provides the financial expertise to enable the successful implementation of the brand service strategy and hotel initiatives while maximizing the return on investment.

Creates and executes a business plan aligned with the property and brand’s business strategy, focusing on financial activities and delivering desirable financial results.

Key Skills

• Action-oriented with a drive for results
• Analytical skills
• Positive approach
• ERP software and Opera experience

Qualifications, Skills & Experience

• Fluent in both Italian and English
• Strong understanding of finance and accounting
• International experience
• Affinity with a refined lifestyle

Candidate Profile

Education and Experience

Minimum 4-year experience in a similar role in a comparable property with sizeable rooms and meeting spaces.

Preferred Qualities

• Demonstrated ability to work on behalf of guests
• Ability to collaborate effectively with team members
• Successful track record in a collaborative/matrixed environment
• Ability to evaluate and identify business opportunities

Principal Accountabilities

Strategic Planning and Decision Making

• Develop strategies to improve profit, including estimating costs and benefits, exploring new business opportunities, etc.
• Analyze information, forecast sales against expenses, and create annual budget plans.
• Monitor actual sales against projections and analyze variances.
• Develop and implement new business plans creatively and practically.
• Create the annual operating budget.
• Support budget reviews to identify cost savings and productivity opportunities.
• Implement controls to manage business risks.
• Ensure strong accounting and operational controls to safeguard assets and improve profitability.
• Analyze financial data and market trends.
• Lead the development and implementation of a comprehensive annual business plan aligned with strategic directions.
• Monitor actual and projected sales to provide analytical support.
• Produce accurate forecasts to enable responsive operations.

Leading Finance Teams

• Use interpersonal and communication skills to lead and influence teams; advocate sound decision-making; demonstrate integrity.
• Communicate strategic goals and priorities clearly to subordinates.
• Leverage leadership skills to influence the executive team and property strategies.
• Oversee audit processes and internal controls.
• Provide leadership through clear accountability and performance management.

Stakeholder Engagement

• Attend meetings with owners, understanding their priorities and strategic focus.
• Meet the needs of key stakeholders, including owners, corporate, and guests.
• Advise the GM and executive committee on operational and financial issues.
• Communicate financial concepts clearly to drive desired behaviors.
• Manage property working capital and cash flow according to standards and owner requirements.
• Facilitate management critique meetings.

Financial Goals Development

• Ensure accurate documentation of profits and losses.
• Monitor taxes, ensuring compliance and timely submission.
• Develop and support achievement of performance and budget goals.
• Review audit issues for accuracy.
• Monitor purchasing processes as applicable.

Project and Policy Management

• Generate timely reports and presentations.
• Reconcile balances and ensure account support documentation.
• Maintain accurate P&L records.
• Ensure compliance with management contracts and reporting standards.

Human Resources Activities

• Cross-train team members for daily operations.
• Administer policies fairly and consistently.
• Participate in hiring and onboarding processes.
• Develop individual development plans.
• Conduct performance reviews.