Director of Finance

About the jobWe’re looking for a driven Director of Finance responsible for determination of optimum control objectives and for the installation and maintenance of appropriate internal control systems over income, expenditure, assets and liabilities within the hotel. Beyond numbers, you’ll inspire a culture of responsiveness and collaboration within your team; creating a unified approach to achieving financial and operational excellence. This is your opportunity to influence key decisions, partner with senior leadership, and make a tangible impact on the success of our hotel.ResponsibilitiesManage, supervise and support all subordinate employees, with a view to optimising the profitability of the hotel and improving the guest experience.Initiate employee development and evaluation programmes for all subordinate staff to ensure the highest level of professional competence and efficient continuity within those positions.Organise an efficient treasury function to provide proper management of the hotel’s working capital and cash flow in accordance with MOHG minimum guidelines and within the requirements of the hotel’s management contract. Also, ensure excessive investment is not made in receivables or inventories and that sufficient liquidity is maintained to meet the hotel’s obligations.Ensure all financial reports, budgets, forecasts and other information required by MOHG are accurately compiled and submitted within the specified time limits, identifying variances and making recommendations for improvements as appropriate.Personally review forecasts and budgets prepared by hotel management to ensure the General Manager and MOHG corporate management are provided with guidelines of performance that are both reasonable and achievable.Ensure all legal, treasury and tax documentation is properly maintained and secured and that all statutory and fiscal reporting requirements are satisfied, which will include any governmental requirement for permits and licences.Continuously monitor economic, social and governmental trends and policies to ensure the General Manager and MOHG corporate management are kept fully apprised of any implications which may affect the performance of the hotel in meeting its financial objectives.Ensure adequate controls are installed and maintained for the protection of the hotel’s assets against loss or misappropriation.Ensure adequate insurance coverage is maintained to protect the assets of the hotel with particular regard to the requirements contained in the hotel’s management contract.Assume full responsibility for the proper control of all cash funds and other assets for subordinates.Establish a comprehensive credit and collection policy for the hotel, based on good industry practice and within the guidelines provided by MOHG.Carry out any other duties that may be reasonably requested by the General Manager or MOHG corporate management.Managing and overseeing internal & external audits.Risk Management Committee participation.QualificationsProven experience managing Finance operations in luxury hospitality environments.Strong knowledge of local tax laws, regulatory compliance and internal controls.Proven track record in budgeting, forecasting and financial reporting.Experience with hotel-specific financial systems is a strong advantage.Excellent leadership and team management skills.Sound understanding of safety, environmental, and building regulations.Effective problem-solving and organizational abilities.Strong communication skills and ability to work cross-functionally.Flexibility to handle emergencies and work varied shifts.Fluency in Italian and English; other languages are advantageous.Degree or certification in Accounting, Finance or Business Administration.Our commitment to youLearning & Development. Your success is our success. We craft unique learning and development programmes for various stages in your career so that you grow, continuously.MOstay. When you work as hard as our colleagues do, it’s important to take time off. As a member of the #MOfamily, you can stay with us wherever you go in the world. The MOstay programme offers complimentary nights and additionally attractive rates on rooms for you and your loved ones.Health & Colleague Wellness. Finding the right work-life balance is important. Your wellbeing matters to us. A variety of health benefits and wellness programmes are offered to all our colleagues, globally.We’re Fans. Are you?#J-18808-Ljbffr