Cluster Director of Finance - Luxury Hotel

Adeera Hotel group

Key Responsibilities:

• Lead the financial planning process across the cluster including annual budgets, forecasts, long-range plans, and performance reviews.
• Leads the development and implementation of a comprehensive annual business plan which is aligned with the company s and brand s strategic directions.
• Provide strategic insights and financial analysis to guide decision-making and improve profitability.
• Thinks creatively and practically to develop, execute and implement new business plans.
• Colaborates with Operations and Revenue Managers to develop collective revenue management strategies.

Preopening Experience

• Strong pre-opening experience with multiple hotel openings.

Shared Services

• Set up of Shared Services including Record to Report (R2R), Procure to Pay (P2P) and centralized Payroll.

Developing and Maintaining Finance and Accounting Goals

• Ensures Profit and Losses are documented accurately.
• Monitors all taxes that apply, ensuring that taxes are current, collected and/or accrued.
• Submit reports in a timely manner, ensuring delivery deadlines.
• Improves profit growth in operating departments.
• Coaches Management teams across the portfolio to ensure revenue goals are met and opportunities are identified and addressed.
• Set aggressive goals that will drive the cluster s financial performance.
• Provide pricing and inventory recommendations that increases market share and attain revenue growth and profit goals.

Managing Projects and Policies

• Champions the use of technology to create operational efficiency.
• Reconcile balance sheets to ensure account balances are supported by appropiate documentation in accordance with SOPs.
• Identifies key projects and manages Capital Expenditure funds for implementation of brand initiatives, product improvement and increased revenue potential. br>

Key Stakeholders relations:

• Understands and meeting the needs of key stakeholders (owners, corporate, etc.).
• Ensures timely and accurate completion of all Owner reporting requirements.
• Advises the GMs, Directors of Finance and executive commitees on existing and evolving operating and financial issues.
• Understands the owner perspective and ROI expectations.
• Attend meetings and communicating with the owners, understanding the priorities and strategic focus.

Leading Finance & Accounting Cluster Teams:

• Utilizes communication skills to lead, influence and encourage others; advocates sound financial and business decision making; demostrates honesty and integrity; leads by example.
• Communicates the strategic goals, the focus and the owner priorities to all Directors of Finance in a clear and precise manner.
• Provides ongoing analytical support by monitorig the operating departments actual and projected sales.
• Uses financial expertise and analytical models to evaluate market mix.
• Ensures employees are treated fairly and equitably.
• Holds staff accountable for successful performance.

Budget Management Support:

• Manage the hotels budgeting process, including revenue projections, expense control, and variance analysis.
• Monitor financial performance against budget targets and implement corrective actions as necessary.

Cash Flow Management:

• Oversee cash flow planning, liquidity management, and capital allocation to optimize financial resources.
• Implement effective cash management strategies to maintain adequate liquidity levels for operational needs.

Compliance and Audit Support:

• Ensure compliance with financial regulations, tax laws, and reporting requirements in all financial operations.
• Coordinate with auditors, regulatory authorities, and internal teams to facilitate financial audits and reviews.

Technological and automation mindset:

• Proven experience in implementing and optimizing procurement and finance systems;Expert in COA mapping across multiple systems, including PMS and POS.