Director of Finance

Department: Finance & Procurement

Location: Lebanon - Beirut

Description

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