Director of Finance

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Position Overview

- Functions as the property’s strategic financial business leader.

- Champions, develops, and implements property-wide strategies to deliver products and services that meet or exceed the needs and expectations of the brand’s target customers and property employees.

- Provides financial expertise to enable the successful implementation of brand service strategies and hotel initiatives while maximizing ROI.

- Creates and executes a business plan aligned with the property and brand’s strategies, focusing on financial activities and results.

Qualifications, Skills & Experience

• Fluent in Italian and English
• Strong understanding of finance and accounting
• International experience
• Affinity with a refined lifestyle

Candidate Profile

Minimum 4 years of experience in a similar role at a comparable property with sizeable rooms and meeting spaces.

Preferred qualities include:

• Demonstrated ability to work on behalf of guests
• Ability to collaborate with team members
• Successful track record in a collaborative/matrix environment
• Ability to evaluate and identify business opportunities

Principal Responsibilities

Strategic Planning and Decision Making

• Develop strategies to improve profit, including cost-benefit analysis and exploring new opportunities.
• Analyze information, forecast sales versus expenses, and create annual budgets.
• Monitor actual sales against projections and analyze wage differences for efficient planning.
• Develop, execute, and implement new business plans creatively and practically.
• Create the annual operating budget and support budget reviews for cost-saving opportunities.
• Implement controls to manage risks and safeguard assets, improving operations and profitability.
• Analyze financial data and market trends to inform decisions.
• Lead the development and implementation of the annual business plan aligned with strategic goals.
• Monitor operational sales and produce forecasts to adapt to business changes.

Leading Finance Teams

• Use interpersonal skills to lead, influence, and motivate teams; advocate sound decisions; demonstrate integrity.
• Communicate strategic goals and priorities clearly.
• Leverage leadership skills to influence executive strategies and lead teams.
• Oversee audit processes and provide leadership through clear accountability and performance reviews.

Stakeholder Engagement

• Attend meetings and communicate with owners, understanding their priorities.
• Meet the needs of stakeholders including owners, corporate, and guests.
• Advise senior management on operational and financial issues.
• Communicate financial concepts effectively to influence behaviors.
• Manage cash flow and working capital according to standards and owner requirements.

Financial Goals and Project Management

• Ensure accurate documentation of profits and losses, monitor taxes, and submit reports timely.
• Develop performance and budget goals, review audits, and monitor purchasing processes.

Human Resources Management

• Ensure cross-training and fair administration of policies.
• Participate in hiring, conduct performance reviews, and create development plans for team members.