Develops means to improve profit, including estimating cost and benefit, exploring new business opportunities, etc.
Analyzes information, forecasts sales against expenses and creates annual budget plans.
Analyzes differences between actual budget wages and forecasted wages for more efficient budget planning.
Creates the annual operating budget for the property.
Provides analytical support during budget reviews to identify cost saving and productivity opportunities for property managers.
Ensures a strong accounting and operational control environment to safeguard assets, improve operations and profitability.
Analyzes financial data and market trends.
Leads the development and implementation of a comprehensive annual business plan which is aligned with the company's and brand's strategic direction.
Communicates the strategic goals, the focus and the owner priorities to subordinates in a clear and precise manner.
Oversees internal, external and regulatory audit processes.
Conducts annual performance appraisals with direct reports according to standard operating procedures.
Attends meetings and communicating with the owners, understanding the priorities and strategic focus.
Communicates financial concepts in a clear and persuasive manner that is easy to understand and drives desired behaviors.
Manages property working capital and cash flow in accordance with brand standard operating procedures and owner requirements.
Monitors all taxes that apply, ensuring that taxes are current, collected and/or accrued.
Develops and supports achievement of performance goals, budget goals, team goals, etc.
Reconciles balance sheet to ensure account balances are supported by appropriate documentation in accordance with standard operating procedures.
Qualifications
Bachelor degree in Accounting, Finance or related fields.
Minimum of 2 years experience as Director, Finance or minimum 7+ years finance management experience in a 4- or 5-star hotel (preferably in a 5-star hotel).
