Director of Finance - CARDO ROMA, AUTOGRAPH COLLECTION

Job Description

Job title: Director of Finance

Reports directly to:

General Manager

Direct Reports:

Accounting Department

Overall Job Purpose

• 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 that is aligned with the property and brand's business strategy and focuses on the execution of financial activities and the delivery of desirable financial results.

Competencies

• Action orientated with a drive for results
• Analytical skills
• Strong math skills
• Attention to detail
• Problem solver
• Positive approach
• ERP Software and Opera experience

Qualifications, Skills & Experience

• Fluent in both Italian and English
• Strong understanding of finance and accounting
• Internationally experienced
• Affinity with a more 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:

• Has demonstrated the ability to always work on behalf of guests.
• Has demonstrated the ability to work with other team members.
• Successful track record of working in a collaborative/matrixed environment.
• Ability to evaluate and identify business opportunities for a business.

Principal Accountabilities

Engaging in Strategic Planning and Decision Making

• Develop means to improve profit, including estimating cost and benefit, exploring new business opportunities, etc.
• Analyze information, forecasts sales against expenses and create annual budget plans.
• Compile information, analyze and monitor actual sales against projected sales.
• Analyze differences between actual budget wages and forecasted wages for more efficient budget planning.
• Identify the underlying principles, reasons, or facts of information by breaking down information or data into separate parts.
• Think creatively and practically to develop, execute and implement new business plans.
• Create the annual operating budget for the property.
• Provide analytical support during budget reviews to identify cost-saving and productivity opportunities for property managers.
• Implement a system of appropriate controls to manage business risks.
• Ensure a strong accounting and operational control environment to safeguard assets, improve operations and profitability.
• Analyze financial data and market trends.
• Lead the development and implementation of a comprehensive annual business plan, which is aligned with the company's and brand's strategic direction.
• Provide ongoing analytical support by monitoring the operating department's actual and projected sales.
• Produce accurate forecasts that enable operations to react to changes in the business.

Leading Finance Teams

• Utilize interpersonal and communication skills to lead, influence, and encourage others; advocate sound financial/business decision-making; demonstrate honesty/integrity; lead by example.
• Communicate the strategic goals, the focus and the owner priorities to subordinates in a clear and precise manner.
• Leverage strong functional leadership and communication skills to influence the executive team, the property's strategies and to lead own team.
• Oversee internal, external and regulatory audit processes.
• Provide excellent leadership by assigning team members and other department managers clear accountability backed by appropriate authority.
• Conduct annual performance appraisals with direct reports according to standard operating procedures.

Anticipating and Delivering on the Needs of Key Stakeholders

• Attend meetings and communicate with the owners, understanding the priorities and strategic focus.
• Understand and meet the needs of key stakeholders (owners, corporate, guests, etc.).
• Advise the GM and executive committee on existing and evolving operating/financial issues.
• Communicate financial concepts in a clear and persuasive manner that is easy to understand and drives desired behaviors.
• Demonstrate an understanding of cash flow and owner priorities.
• Manage communication with owners in an effective manner.
• Manage property working capital and cash flow in accordance with brand standard operating procedures and owner requirements.
• Facilitate critique meetings to review information with management team.

Developing and Maintaining Finance Goals

• Ensure profits and losses are documented accurately.
• Monitor all taxes that apply, ensuring that taxes are current, collected and/or accrued.
• Submit reports in a timely manner, ensuring delivery deadlines.
• Develop and support achievement of performance goals, budget goals, team goals, etc.
• Improve profit growth in operating departments.
• Review audit issues to ensure accuracy.
• Monitor the purchasing process as applicable.

Managing Projects and Policies

• Generate and provide accurate and timely results in the form of reports, presentations, etc.
• Reconcile balance sheet to ensure account balances are supported by appropriate documentation in accordance with standard operating procedures.
• Ensure that the P&L is accurate (e.g., costs are properly matched to revenue; costs are recorded in the proper accounts).
• Ensure compliance with management contract and reporting requirements.
• Ensure compliance with standard and local operating procedures.
• Ensure compliance with standard operating procedures.

Managing and Conducting Human Resource Activities

• Ensure team members are cross‑trained to support successful daily operations.
• Ensure property policies are administered fairly and consistently.
• Ensure new hires participate in the department's orientation program.
• Ensure new hires receive the appropriate new hire training to successfully perform their job.
• Create appropriate development plans which develop team members based on their individual strengths, development needs, career aspirations and abilities.
• Conduct performance review process for employees.
• Participate in hiring activities as appropriate.

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