Director of Finance

4 settimane fa

Roma, Lazio, Italia Accor A tempo pieno

Job Description

The Director of Finance will provide strategic leadership and functional guidance to the General Manager, Partner, Executive Committee, and Department Heads to optimize business decisions. They will interact with hotel legal counsel, insurance companies, tax consultants, auditors, commercial and government banks to effectively control the assets of the business.

Key Responsibilities:

  • 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.
  • Analyze ROI for capital projects prior to committing funds and determine if anticipated results were achieved.
  • Maximize cash flow performance of the hotel through controls on inventory, credit and collection, disbursements, deposits, and remittances.
  • Review rates and recommend rate strategy to the Area General Manager; participate in sales strategy meetings.
  • 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 ambassadors 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, 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.
  • Participate in local recognized professional and industry organizations.
  • Manage hotel contracts, such as vendor leases and/or service contracts.
  • Provide accurate and complete financial and management reports on a timely and accurate basis to hotel management, corporate office, and owners in accordance with the company and ownership reporting requirements and policy.

Compliance and Risk Management

  • Ensure the hotel is reporting in compliance with policies, the Uniform Chart of Accounts, and hotel management or other contractual arrangements with respect to accounting matters.
  • Ensure all balance sheet accounts are reconciled monthly, review, and approve those reconciliations as necessary.
  • Ensure that all laws and fiscal regulations of the area location, which affect financial matters of the hotel, will be complied with.
  • Protect the owners and the management company's interest in the hotel assets and operations.
  • Safekeeping of all lease and contracts and any other legal records and documents, which may affect the financial status of the hotel. Such documents are to be listed and kept current on the Critical Date List.
  • Conduct regular operations risk assessments, establish a risk register for the hotel, and prepare an action plan addressing the mitigation of identified risks, subject to regular reporting and follow-up on the execution of the risk action plan. They shall ensure the timing and accurate reporting of all incidents in accordance with Company protocol.

Accountability

Supervises clerical accounting employees in a full range of functions such as Accounts Payable, Accounts Receivable, Credit/Collections, Purchasing, Audit, Payroll, and/or Accounting Operations.

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