Job Description The Director of Finance provides strategic leadership, functional guidance and valuable insights to the General Manager, to the Partner, to the Executive Committee and to Department Heads for optimal business decision; Interacting with hotel's legal counsel, insurance companies, tax consultants, auditors, commercial and government banks to effectively control the assets of the business. Provide strategic leadership and business support for the management team through the management of the financial analytics function, capital, projects, operational finance matters, procurement activities and prepare short and long-term plans, forecasts and budgets for capital and operating spend. He/She will be a highly motivated team player with strong accounting, communication, business presentation, analytical skills, and strong systems background. Direct the financial operations of the Cluster to ensure the security of hotel assets and make recommendations to improve hotel profitability. Serve as primary contact for all hotel financial - and accounting-related issues with owners, auditors (internal and external) and regulatory agencies. Reporting to the Area General Manager and Regional Finance leadership, here is a non-exhaustive list of the Director of Finance task's : Create the annual operating budget for the property and provide analytical support during budget reviews to identify cost saving and productivity opportunities for department heads. Analyse ROI for capital projects prior to committing funds and, upon completion, determine if anticipated results were achieved. Maximize cash flow performance of the hotel through controls on inventory (avoid excessive supply), credit and collection, disbursements, deposits, and remittances. Review rates and recommend rate strategy to the Area General Manager; participate in sales strategy meetings. Manage day-to-day activities, plan, and assign work, and establish performance and development goals for team members. Provide mentoring, coaching and regular feedback to help manage conflict, improve team member performance, and recognize good performance. Educate, train, and motivate finance and accounting teams to achieve hotel revenue goals. Ensure ambassadors has the information, market data, tools, and equipment to successfully carry out job duties. Provide direction to hotel employees on how decision-making impacts profits. Promote teamwork and quality service through daily communication and coordination with key department heads. Ensure accounting practices, support the guest experience through payment options (example: credit card systems, room charges), inventory controls and financial dispute resolution. Implement and maintain acceptable accounting practices as required by company policy and procedures. Develop and implement financial control procedures and systems; maintain records for internal and external audits; ensure compliance with government regulations and contractual agreements. Participate in local recognized professional and industry organizations. Manage hotel contracts (example: vendor leases and/or service contracts). Provide accurate and complete financial and management reports on a timely and accurate basis to hotel management, corporate office, and owners in accordance with the company and ownership reporting requirements and policy. Compliance and Risk Management Ensure the hotel are reporting in compliance with the policies, the Uniform Chart of Accounts and hotel management or other contractual arrangements with respect to accounting matters. Ensure all balance sheet accounts are reconciled monthly, review and approve those reconciliation's as necessary. Ensure that all laws and fiscal regulations of the area location, which effect financial matters of the hotel, will be complied with. Protect the owners and the management company's interest in the hotel assets and operations. Safe keeping of all lease and contracts and any other legal records and documents, which may affect the financial status of the hotel. Such documents are to be listed and keep current on the Critical Date List. Conduct regular operations risk assessments, establish a risk register for the hotel and prepare an action plan addressing the mitigation of identified risks, subject to regular reporting and follow up on the execution of the risk action plan. They shall ensure the timing and accurate reporting of all incidents in accordance with Company protocol. Accountability Supervises clerical accounting employees in a full range of functions such as Accounts Payable, Accounts Receivable, Credit/Collections, Purchasing, Audit, Payroll, and/or Accounting Operations. Qualifications Bachelor's degree or higher education qualification or equivalent in Accounting, Finance and 5-10 years in hotel accounting or audit with at least 1-7 years in a Director of Finance or similar supervisory role in italy, or an equivalent combination of education and work-related experience. Knowledge of accounting management duties such as negotiating hotel space and tenant leases; processing payroll; performing asset management duties; providing business projections, displacement analysis, preparing government reports, filing tax returns, etc. as needed or requested. Professional accounting or finance designation or certification preferred. Technical skills and Knowledge Ability to work quickly and accurately under pressure Work closely with internal and external stakeholders Strong analytical and numerical skills including a good understanding of financial valuation methodology Advanced ability to use Microsoft applications i.e., Excel and PowerPoint Must speak local language(s) Fluent in Business in Italian and English Good interpersonal skills and influencing skills Strong problem-solving orientation Additional Information Our commitment to Diversity & Inclusion: We are an inclusive company and our ambition is to attract, recruit and promote diverse talent. Why work for Accor? We are far more than a worldwide leader. We welcome you as you are and you can find a job and brand that matches your personality. We support you to grow and learn every day, making sure that work brings purpose to your life, so that during your journey with us, you can continue to explore Accor's limitless possibilities. By joining Accor, every chapter of your story is yours to write and together we can imagine tomorrow's hospitality. Discover the life that awaits you at Accor, visit https://careers.accor.com/ Do what you love, care for the world, dare to challenge the status quo! #BELIMITLESS All your information will be kept confidential according to EEO guidelines.
