- To 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. In addition, the Director of Finance is responsible for reporting accurately and timely, the actual results as compared to budget/forecast results. He/she is to maintain adequate records to reflect the comparison of the actual expenditures for furniture, equipment and operating equipment to the budgeted amounts.
- Responsible for the analysis and interpretation of the financial data and communicating this in a comprehensible form, of meaningful variations in the operations.
- To assist other department heads in the development and implementation of "corrective action plans" on internal and or external audit and operational reports.
- To assist in the development and implementation of bench-marking techniques that will enable the hotel to enhance revenues while improving productivity and cost efficiencies. To seek, identify and implement throughout the hotel best practices that will serve to enhance revenues, guest service and improve cost and productivity efficiencies.
- Ensure cash flow is adequate to meet the needs of the operation. Approve all cash disbursements and ensure that all disbursements are properly documented and executed. Approve all rebates, adjustments and allowances in accordance with company policy.
- The position is directly accountable to manage the hotel accounting department, information and internal control systems and hotel finances in accordance with all policy and procedures. This position is accountable for the development, documentation, and support of Financial Polices and Operational Procedures to include performance monitoring as it relates to the hotels.
- To protect the owners and the management company's interest in the hotel assets and operations.
- To participate in the development, maintenance and adherence to a single chart of accounts, payroll and expense dictionary, and the function of accounts in order that the hotels financial and statistical data is accurately and consistently recorded and reported.
- Has a fiduciary responsibility to the Company and/or Owners for ensuring the hotels are reporting in compliance with the policies, the Uniform Chart of Accounts and hotel management or other contractual arrangements with respect to accounting matters.
- The analysis of the balance sheet accounts, on a selected basis and the preparation of the monthly internal bench-marking and operational performance analysis reports.
- Manage all facets of the capital process. Ensure all hotels establish and maintain the tracking of fixed assets sub-ledgers and depreciation.
- All laws and fiscal regulations of the area location, which effect financial matters of the hotel, will be complied with. This includes seeing that proper permits and licenses are obtained for such things as liquor licenses, sellers permit, business licenses, etc.
- The 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.
- To recommend and assist in the design, implementation, and use of methods and procedures that improve the accuracy of working schedules, labor standards, forecast, plans to assist operational staff. Monitor on an ongoing basis the accuracy and recommend correct measurements as necessary.
- Developing, implementing and monitoring credit and collection procedures and guidelines pursuant to "adopted" corporate credit policies.
- Costs are properly matched to revenues and recorded in the proper accounts.
- Month-end information is transmitted to Corporate and Regional offices in a timely and accurate basis. Based on the detailed instructions sent out on verification of totals from the Financials System and the Reporting System.
- Preliminary statements are delivered to Executive Committee and Department heads within 2 business days of month-end, and final statements within 3 business days.
- Monthly commentary of results is clear and concise with major issues identified.
- Commentaries are submitted timely with action plans to address deficiencies and a look towards the future.
- Accuracy is a high priority for all managers, and they are held accountable. The range is not more than a 3-5% change from the last forecast.
- Meetings are held monthly to critique past forecast accuracy and prepare current forecast.
- Forecast is reviews with management monthly and provided to corporate recipients on a timely basis
- Participates in, and contributes to all material property decisions, providing financial leadership.
- Consults with, and supports activities of GM and members of Executive Committee.
- The financial policy and perspective is shared and understood by employees as noted in all training materials
- Management Agreement terms, priorities, performance tests and incentive fees distribution requirements are completely understood and managed.
- Owner's monthly reporting package is sent by terms outlined in the Hotel Management Agreement.
- Responses meet agreed-on deadlines.
- Confidentiality of proprietary information is maintained.
- Responses are complete and accurate.
- Responses are professional in format, content and presentation
- All Company related recoveries are accurately calculated and booked in accordance with the Chart of Accounts.
- Payment is made to the Company within the contract terms, 30 days
- Accounts are reconciled by the 20th day of the next month following the close of month-end.
- Account balances are documented by physical counts, invoice, backup and signed contracts.
- Reconciling items are immediately investigated and properly cleared in the following month.
- On a semi-annual basis, formal reconciliation's are reviewed with the Regional Finance Team and no material observations are surfaced
- Working capital is managed, needs are minimized and standards are met.
- Specifically this is to be accomplished by the monthly cash flow report and the accuracy of forecasting the balance sheet in detail.
- Segregation of duties is maintained for non-compatible cash handling functions.
- Produce and track debt test calculations and Mortgage requirements
- Sound cash, disbursement and payroll controls are in place.
- Control systems are monitored and audited on a regular basis, as documented by Audit Services, to measure compliance with internal controls.
- Workflow schedules are reviewed and updated quarterly.
- Audit exceptions are documented and corrective action taken within 30 days.
- Controls are explained and understood by all employees, as part of their job description that the employee has signed off on.
- Property managers take ownership of the control system within their departments, as documented by the audit services team.
- Segregation of duties for non-compatible functions is enforced.
- Policy on Capital is understood and followed.
- Capital needs (current or future) are anticipated and properly planned and completed.
- AFE's are prepared and approvals obtained before any capital funds are committed or spent.
- Capital expenditures are properly accounted and reporting system is up-to-date, with the cash flow projection and used as a management tool.
- ROI capital projects are analysed prior to committing funds
- A thorough knowledge of understanding and proper application of policies and procedures.
- A high level of integrity (Personnel, Control, Accounting and Policy) is maintained.
- Operating /business issues are reviewed and resolved with General Manager.
- Issues surrounding Accounting, Policy or Controls are reviewed with GM and Regional Finance.
- Open lines of communication exist and are used by Director of Finance & Accounting on questionable issues with Area Director, Operations Accounting and Corporate Accounting office. Qualifications
- Diploma/Degree in Hospitality Management and/or Accounting
- Familiarity with financial systems: OPERA, MICROS, SUN, FUTURE LOG
- Minimum of 5-10 years' experience in a senior finance position
- Feeling safe under pressure and like to solve problems in a dynamic environment.
- Being comfortable in a challenging environment where you can just be yourself
- Your ego will be left at the door – and you LOVE helping and collaborating with others
- You thrive on motivation others and providing unconditional support to others
- Having fun at work is you kind of thing. You work hard but also have fun along the way and enjoy being around your teams Additional Information
-
Finance Director
il y a 2 semaines
Spirax-Sarco Engineering Trappes, FranceFinance Director · Le rôle · Le / La Finance Director a pour missions de superviser les composantes comptables de l'Entreprise jusqu'à l'établissement du bilan. · Garantir l'intégrité comptable et financière de l'entreprise ; · Assurer par délégation de pouvoir de la présidence ...
-
Finance Director
il y a 1 semaine
LES NOUVEAUX HERITIERS Paris, France**L'ENTREPRISE, CE QUI FAIT SA DIFFÉRENCE**: · Notre entreprise partenaire est un groupe de cosmétiques de luxe, comprenant plusieurs entités mondialement connues. · Son atout majeur est son positionnement haut de gamme, et sa présence à l'international sur le marché des cosmétiq ...
-
Finance Director
il y a 1 semaine
Spirax-Sarco Engineering Trappes, Yvelines, FranceFinance Director · Le rôle · Le / La Finance Director a pour missions de superviser les composantes comptables de l'Entreprise jusqu'à l'établissement du bilan. · Garantir l'intégrité comptable et financière de l'entreprise ; · Assurer par délégation de pouvoir de la présiden ...
-
Finance Director
il y a 1 semaine
Spirax-Sarco Engineering Trappes, Yvelines, FranceFinance Director · Le / La Finance Director a pour missions de superviser les composantes comptables de l'Entreprise jusqu'à l'établissement du bilan. · Garantir l'intégrité comptable et financière de l'entreprise ; · Assurer par délégation de pouvoir de la présidence de la SA ...
-
Finance Director France
il y a 2 semaines
Johnson & Johnson Issy-les-Moulineaux, FranceChez Johnson & Johnson, nous pensons que la santé est essentielle. Notre force en termes d'innovation dans les soins de santé nous permet de construire un monde dans lequel nous contribuons à prévenir, à soigner et à guérir les maladies complexes, où les traitements sont plus int ...
-
Finance Director H/F
il y a 1 semaine
Fed Finance Paris, FranceJe suis Valentine, Consultante chez Fed Finance Assurance, cabinet entièrement dédié à l'intérim et au recrutement des métiers de l'Assurance et de la Protection Sociale, et je recherche pour l'un de mes clients, proche d'Opéra : · Chargé de Reporting H/F en CDI. · Il intervient ...
-
Regional Finance Director H/F
il y a 1 semaine
Ministère - Ministère de l'Économie Paris, FranceMots clés (ex. : Chargé(e) de contrôle interne) · IPFiP/ IDIV CN/ AP - Chef de brigade - secteur agroalimentaire · Finances Publiques - Chargée / Chargé de fiscalité · IPFiP/ IDIV CN/ AP - Chef de brigade - secteur agroalimentaire · Fonction publique de l'Etat · Nature de l' ...
-
Regional Finance Director H/F
il y a 2 semaines
Ministère - Ministère de l'Économie Ile-de-FranceMots clés (ex. : Chargé(e) de contrôle interne) · IPFiP/ IDIV CN/ AP - Chef de brigade - secteur agroalimentaire · Finances Publiques - Chargée / Chargé de fiscalité · IPFiP/ IDIV CN/ AP - Chef de brigade - secteur agroalimentaire · Fonction publique de l'Etat · Nature de l' ...
-
Director Coverage and Finance
il y a 6 jours
Adsearch Paris, France**En bref : CDI - Paris 8ème - Director Coverage and Finance H/F - Banque étrangère - Bilingue Anglais obligatoire** · Adsearch recrute pour une banque étrangère située à Paris dans le 8ème, un **Director Coverage and Finance H/F**. Vous avez de lexpérience en tant que **Relation ...
-
Director | SAP Finance | CDI | H/F
il y a 1 semaine
PwC Neuilly-sur-Seine, France À temps pleinDescription · & Summary Chez PwC, nous croisons les approches et multiplions les possibles pour inventer un monde de solutions durables. Nous associons les meilleurs talents aux dernières technologies pour aider nos clients à décupler la confiance. C'est la stratégie mondiale du ...
-
Assistant Director of Finance
il y a 2 jours
Accor Issy-les-Moulineaux, France À temps plein· Company Description · Join us at Accor, where life pulses with passion · As a pioneer in the art of responsible hospitality, the Accor Group gathers more than 45 brands, 5,600 hotels, 10,000 restaurants, and lifestyle destinations in 110 countries. While each brand has its o ...
-
Group Finance System Director
il y a 3 semaines
Vantiva Group Paris, FranceNous sommes une entreprise mondiale leader des équipements de connectivité Broadband et des solutions Video. Engagés envers l'excellence opérationnelle et l'innovation, nous nous efforçons de maintenir notre position de leader sur le marché mondial. Dans le cadre de notre croissa ...
-
Director of Finance
il y a 3 semaines
Hyatt Hotels Corporation FranceIf you're looking for a career with Apple Leisure Group, please click here to view job postings. · When you work in Hawaii, in addition to learning about the functional aspects of running a hotel — like the proper way to make a bed or how to best handle luggage — it's critically ...
-
Director of Finance
il y a 1 semaine
Hyatt Hotels Corporation Paris, FranceIf you're looking for a career with Apple Leisure Group, please click here to view job postings. · If you're looking for a career with our Inclusive Collection, please click here to view job postings. · "I believe successful people are the ones who take the initiative to learn, ...
-
Finance Director
il y a 2 semaines
Accor Hotels FranceAs apioneerin the art ofresponsiblehospitality, the Accor Groupgathersmorethan45 brands, 5,600hotels, 10,000 restaurants, and lifestyle destinations in 110 countries.Director of Finance- · Showcase your leadership and passion for analytics as Director of Finance & Business Suppor ...
-
Director of Finance
il y a 2 semaines
Hyatt Hotels Corporation FranceIf you're looking for a career with Apple Leisure Group, please click here to view job postings. · Director of Finance - Hyatt Place Ha Long Bay, Bai Chay · Accounting · To ensure the smooth and efficient operation of the Finance & Accounting Division, while maintaining Hyatt ...
-
Director | SAP Finance | CDI | H/F
il y a 1 semaine
PwC France Neuilly-sur-Seine, Hauts-de-Seine, FranceChez PwC, nous croisons les approches et multiplions les possibles pour inventer un monde de solutions durables. Nous associons les meilleurs talents aux dernières technologies pour aider nos clients à décupler la confiance. C'est la stratégie mondiale du réseau PwC, The New Equa ...
-
Director of Finance
il y a 1 semaine
Hyatt Hotels Corporation Paris, FranceIf you're looking for a career with Apple Leisure Group, please click here to view job postings. · If you're looking for a career with our Inclusive Collection, please click here to view job postings. · "Hyatt is a place of learning – similar to a university. The company offers ...
-
Director of Finance
il y a 3 semaines
Hyatt Hotels Corporation FranceIf you're looking for a career with Apple Leisure Group, please click here to view job postings. · If you're looking for a career with our Inclusive Collection, please click here to view job postings. · "When you work in Hawaii, in addition to learning about the functional aspe ...
-
Finance Director
il y a 1 semaine
Chiesi Farmaceutici S.p.A. Paris, FranceRole · As a Financial Director, you will be a member of the CODI (Leadership team), playing a key role with the management team to drive the business to achieve its strategical goals. · You will lead and oversee financial, operational, and strategic aspects of Finance as well a ...
Director of Finance - Issy-les-Moulineaux, France - Accor
Description
Company Description
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.
Do what you love, care for the world, dare to challenge the status quo #BELIMITLESS
Job DescriptionHow will your day be...
Asthe Director of Finance, you will assist in preparing, in conjunction with the General Manager and other department heads, the annual budget, capital budgets and the rolling forecast. The Director of Finance will establish the annual budget preparation procedures and guidelines.
Here are some of the responsibilities that await you;
Planning & Organizing:
PERFORMANCE MEASUREMENT TOOLS
P&L Accuracy / Timelines
Forecasting
Executive Committee Preparation
Owner Relations
Hotel Management Agreement Charges and/or Fees
Balance Sheet Reconciliation
Accounts are properly recorded in the chart of accounts and reviewed for material changes quarterly on the commentary report.
Conserve Cash
System of Internal Control
Capital Expenditures
Analysis
Operating results are critiques each month on a timely basis, with follow up actions to major issues identified, by the 10th business day.
Policy Administration
You should come with the following...
Your strengths will include...
Our commitment to Diversity & Inclusion :
We are an inclusive company and our ambition is to attract, recruit and promote diverse talent.
