Director of Finance

The job of Director of Finance is executed satisfactorily when:

• All local and corporate guidelines and deadlines are met.
• High forecast accuracy is achieved consistently.
• Senior Management is provided with timely and accurate financial information.
• Hotel fully operates under the terms of the Management Agreement.
• Insurances are up to date and in compliance with local and corporate regulations.

Key Responsibilities

• Responsible for following and understanding all Kempinski Policies & Procedures.

• Responsible for behaving in a professional and harmonious manner and following the Kempinski code of conduct.

• Responsible for understanding and following the terms of the Management Agreement.

• Responsible for supporting, mentoring and developing the finance staff.

• Responsible for supporting and encouraging training of all staff in financial matters.

• Responsible for developing the annual business plan together with the General Manager and Executive Committee.

• Responsible for conducting monthly P&L meetings.

• Responsible for monitoring and controlling all revenues and expenses and making the corresponding recommendations when needed.

• Responsible for reviewing the cash position of the hotel in order to optimize the use of funds.

• Responsible for preparing and submitting the quarterly self assessment report.

• Responsible for preparing and submitting an accurate monthly forecast.

• Responsible for reviewing and signing the Balance Sheet reconciliations monthly.

• Responsible for ensuring the preparation of the accurate and timely monthly financial report.

• Responsible for being the contact for the auditors and act upon recommendations in the audit report.

• Responsible for continuously searching for new business opportunities to benefit the hotel.

• Responsible for the control environment within the hotel.

• Responsible for keeping and safeguarding all contracts, lease agreements, licenses, insurance policies and all legal and financial documents.

• Responsible for maintaining good relationships with the hotel owners/representatives as well as external partners.

• Responsible for communicating with the General Manager on any discrepancies or other potential problems.

• Additional responsibilities and tasks can be added at any time according to the needs of the business and of the hotel.

Skills, Knowledge and Expertise

Nationality: Lebanese

Education: BA/BSc in finance, accounting or related field or CPA/ACA/ACCA or MBA (Financial)

Experience

• 2+ years as Director of Finance with a 5* International Hotel chain Languages:

• Local language – excellent oral and written skills

• English – excellent oral and written skills

• Additional language - beneficial Competencies:

• Ability to work independently, thrive under pressure and/or challenging circumstances and come up with proactive, rational solutions

• Excellent written and verbal communication skills

• Ability to establish and retain effective working relationships with hotel staff and clients/vendors

• Ability to identify and delegate tasks effectively

• Excellent organizational and time management skills

• Applies a professional, confidential and ethical approach at all times

• Works in a safe, prudent and organized manner

• Ability to operate computer and office equipment

• Strong affinity for Information Technology

• Proficiency in Excel and Word

• Experience in respective accounting software is a plus

• Knowledge of the generally accepted accounting principles, PCI DSS and local regulations and taxation

• In-depth knowledge of modern and complex principles and practices of hotel accounting and operations

• Experience in reporting, forecasting and budgeting

To fill this position the candidate must identify with the Kempinski core values, in addition they should be especially:

• People Oriented
• Passionate for European luxury
• Entrepreneurial
• Self-confident
• Persuasive
• Ethical
• Quality oriented
• Well-presented
• Straightforward
• Analytical thinker
• Flexible and reliable