Director of Finance

Location Overview
Join our team in Aman Rosa Alpina. Since its opening in 1939, Rosa Alpina has offered its guests an unparalleled base for exploring Italy's UNESCO-protected Dolomites, celebrating the history of the property while uniting it with Aman's philosophy.

The Position

The Director of Finance is responsible for overseeing all financial operations within the hotel, providing financial leadership to support the hotel's long-term goals. This role ensures accurate financial reporting, compliance with regulatory requirements, and the development of effective financial controls. The Director of Finance works closely with the General Manager and hotel executive team to maximize profitability, drive cost efficiencies, and support budgeting, forecasting, and long-term planning efforts. Additionally, this position manages and leads the finance and procurement teams, fostering a culture of accountability and continuous improvement within the department.

Main Responsibilities

Strategic Responsibilities

· Provide strategic financial support and guidance to the General Manager on all financial matters, including aligning with financial objectives and ensuring financial stability.

· Establish a financial infrastructure and set up all financial systems, including accounting software, reporting tools, and internal controls, ensuring they align with corporate standards and local regulations.

· Provide support to the General Manager on pre-opening specific projects, such as capital improvements or pre-opening projects, as directed by the Regional Director of Finance, Americas.

· Lead the development and management of the budgeting and forecasting process, assisting in the creation of short-term plans, long-term investment strategies, and operational financial planning.

· Supervise the preparation and review of financial statements and accounts, ensuring proper consolidation with corporate and/or ownership interests.

Operational Responsibilities

· Work with the project team to create and manage the pre-opening budget, including staffing costs, and operational expenses until the hotel opens.

· Conduct regular financial reviews to ensure the accuracy and completeness of financial data, particularly focusing on costs and operational readiness.

· Monitor and control inventories of SOE, general supplies, F&B products, and cash, ensuring proper internal controls are developed and implemented.

· Review balance sheet reconciliations monthly to ensure that costs and financial results are accurately represented, including any accrued liabilities.

· Conduct bank reconciliations and cash flow analysis monthly, paying close attention to liquidity management and cash flow challenges.

· Review hotel contracts, negotiate if necessary to address changes in market conditions, insurance requirements, or leasing agreements, ensuring financial viability and risk management.

· Ensure full legal and financial compliance by reviewing and updating licenses, permits, and contracts, ensuring all necessary documents are in place.

· Recruit and train the accounting, finance and procurement teams, adapting to any changes in staff or operational needs during the opening process, and collaborate with the Regional Director of Finance, Americas to implement any necessary succession planning.

· Drive initiatives to improve employee efficiency, streamline processes, enhance revenue generation, and control costs, ensuring that financial targets are met or exceeded.

· Manage and ensure the accurate preparation and submission of operational taxes.

Main Qualifications

· Experience working in a luxury hotel environment for 5+ years, ideally with proven expertise in managing financial operations during a hotel new opening or similar transitional phase.

· Degree in Financial Management or a related field, with a strong emphasis on financial leadership

· In-depth knowledge of local and international taxation laws, reporting requirements, and standards.

· Experience in managing finance and procurement teams, including recruitment, with an advantage for those who have led teams through new-openings or other critical transitions.

· Competence in Microsoft Office suite, especially Microsoft Excel, with the ability to analyse financial data and support financial planning and reporting.

· Working knowledge of SunSystem Financial Accounting package or similar systems, with experience in establishing financial systems.

· Strong knowledge of USALI conventions for hospitality industry reporting.

· Experience working with Opera, Micros/Simphony, Birchstreet and Book4Time.

· Exceptional analytical and accounting skills, particularly in the areas of budgeting, forecasting, and financial control.

· Excellent verbal, written communication, and interpersonal skills.

· Strong command of English for effective communication, both verbal and written.

· Effective team player, fostering collaboration across departments.

· Self-motivated, well-organized, and meticulous, with a keen eye for detail, especially when reviewing contracts, licenses, and compliance documents.

· Proven ability to adhere strictly to deadlines, especially in the high-pressure environment, ensuring that financial tasks are completed on time.