Corporate Director of Accounting
:
: Corporate Director of Accounting for Hotel Company
Position Overview
As the Corporate Director of Accounting for our hotel company and reporting directly to the Partner, you will play a pivotal role in shaping the financial strategy and ensuring the financial well-being of the organization. This leadership position involves overseeing financial operations, managing financial risks, and contributing to strategic planning for the company owning about 50 world class hotels and resorts.
Key Responsibilities
Team Leadership:
- Lead and mentor the finance team across multiple countries, fostering a culture of professionalism and excellence.
- Develop and implement professional development initiatives for the finance team.
Financial Strategy and Planning:
- Develop and implement financial strategies aligned with the company's overall goals and objectives.
- Collaborate with the executive team in strategic planning and decision-making processes.
Financial Operations:
- Oversee day-to-day financial operations, including accounts payable, accounts receivable, general ledger and payroll activities.
- Implement and maintain effective internal controls.
- Create accounting strategies to maximize profits.
- Update the policy documents as needed.
Financial Analysis and Reporting:
- Provide insightful financial analysis and reporting to support executive decision-making.
- Ensure accurate and timely financial reporting to internal and external stakeholders.
- Ensure the Accounting System is updated with all accounting codes and reporting.
Budgeting and Forecasting:
- Lead the budgeting process to establish financial goals and budgets.
- Monitor and analyze budget variances, providing recommendations for improvement.
Cash Flow Management:
- Optimize cash flow to meet operational needs and strategic initiatives.
- Report Budget/Forecast variances to executive team.
- Implement cash management and treasury strategies.
Financial Risk Management:
- Identify, assess, and manage financial risks.
- Develop and implement risk mitigation strategies.
Financial Compliance:
- Ensure compliance with all financial regulations, accounting standards, and tax requirements.
- Liaise with auditors and other external parties for financial audits.
Qualifications
- Bachelor's degree in Finance, Accounting, or a related field. MBA or CPA preferred.
- Strong financial acumen and analytical skills.
- Advanced knowledge of professional accounting software
- Extensive experience in finance leadership roles within the hospitality or hotel industry.
- Excellent communication and interpersonal skills.
- Proven ability to lead and develop high-performing teams.
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