Four Seasons Hotels and Resorts
Director of Finance
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Job Description
- Req#: REQ10342600
Support, mentor and develop finance employees for today and the future.
Maintain harmonious and professional relationship with all departments and Home Office.
Maintain close relations with hotel’s/resort’s ownership and internal/external auditors and ensure effective action necessary on all agreed upon recommendations.
Deal with all disciplinary and grievance matters in a consistent manner and ensure each issue is appropriately documented.
Conduct effective department meetings; appropriately communicate and complete any action items.
Assist General Manager in establishing policies, rules, internal controls and safeguards.
Actively support the Safety Committee.
Actively network within the community to attract potential candidates for recruitment purposes and understanding the competitive market
Comply with and enforce Four Seasons’ Category One and Category Two Work Rules and Standards of Conduct as set forth in EmPact.
Continuously deliver the highest level of product with respect to financial reporting and analysis, internal control compliance and business management. Ensure this is done with both integrity and accuracy.
Ensure that bank accounts are opened in consultation with owners with a bank of strong financial standing and if local rating services are available, they should be utilized for verification of financial strength.
Ensure all cheques are signed only by authorized parties and that positive pay and positive payee is in place on all bank accounts (where available) and that source documents are approved by one member of Group B.
Ensure the preparation of a comprehensive monthly report of the entire financial results of the hotel in established corporate formats and in accordance with generally accepted accounting principles.
Effectively advocate Finance Department programs and policies to Planning Committee, Department Heads and employee groups.
Monitor the status of Accounts Receivable aging and billing collections to achieve company standards.
Maintain files on all contracts, leases and agreements and ensure compliance with their requirements; ensure proper authorization has been obtained for all hotel specific contracts (including Engineering), leases and other agreements and competitive bids are on file where applicable and reviewed prior to execution of contract.
As applicable, ensure compliance with all loan covenants and the balance of long-term debt is accurate and agrees to all supporting documentation and verified when payments are made.
As appropriate, based on the hotel's accounting on behalf of owners, interest accruals on long-term debt may be recorded on the hotel's books; the Director of Finance should ensure accuracy of the unpaid balance and applicable interest rate, and accrue the expense to the Interest Expense line item and record the corresponding liability in the Accrued Interest liability account.
Ensure that monthly reconciliations for all balance sheet accounts are prepared and signed off on in accordance with policy.
Review and sign off on all bank reconciliations monthly, paying special attention to reconciling items.
Continuously strive for improvement of processes and efficiency.
Monitor, control and record all sales, purchases, salaries and expenses of the hotel.
Closely monitor and effectively manage labor costs; plan vacations effectively and ensure proper service levels are provided with the labor standards, while minimizing OT. Comply with applicable Employment Laws.
Prepare forecasts and budgets as required locally, by corporate office or Management Agreement.
Review the cash position of the hotel on a daily basis in order to optimize the use of funds.
Ensure gains/losses on the sale/disposal of fixed assets are properly disclosed and recorded on the Statement of Changes in financial position (SR-25 where applicable) and on the P&L statement.
For locations that maintain full balance sheets including fixed assets, ensure accumulated depreciation accounts are accurate and properly recorded.
Always search out and drive new business opportunities that benefit the hotel.
Being calm and patient and be of service passion. Team player. Being fair and responsible. Be passion and love working.
Be familiar with computer software including Microsoft, CAD. Be of excellent business writing skills.
Being calm and patient and be of service passion.
Reading, writing and oral proficiency in the English language.
God knowledge of Word, Excel and PowerPoint
Logic, eye for details, approachable and willing to help
Proven leadership skills in a hotel/resort environment
Highest level of integrity and transparency
Strong interpersonal and relationship-building skills to work with cross-functional teams, to negotiate for resources and influence stakeholders and to gain acceptance of and commitment to plans, ideas, initiatives, etc.
Excellent written and verbal communication skills to prepare and deliver reports, effective presentations and to facilitate meetings
Promote a continuous learning environment that creates an atmosphere for professional development opportunities
Apply an ethical approach to influence the outcome of situations
Serve as a role model for others by demonstrating appropriate business conduct and ethical principles
Continuously seek to improve/develop the performance of others and continuously strive to improve his/her own performance
Work in a safe, prudent and organized manner.
Require a working technical knowledge of generally accepted accounting principles and job knowledge of all positions in Accounting, Purchasing and Food & Beverage control. Working knowledge is generally learned on-the-job or through a series of professional certifications.
Require knowledge of and the ability to operate computer equipment and Microsoft Office Suite software.
Ability to read, write and speak English.
A working knowledge of hotel systems and operations.
Strategic, analytical and have solid business acumen.
About Four Seasons:
Four Seasons is powered by our people. We are a collective of individuals who crave to become better, to push ourselves to new heights and to treat each other as we wish to be treated in return. Our team members around the world create amazing experiences for our guests, residents, and partners through a commitment to luxury with genuine heart. We know that the best way to enable our people to deliver these exceptional guest experiences is through a world-class employee experience and company culture.
At Four Seasons, we believe in recognizing a familiar face, welcoming a new one and treating everyone we meet the way we would want to be treated ourselves. Whether you work with us, stay with us, live with us or discover with us, we believe our purpose is to create impressions that will stay with you for a lifetime. It comes from our belief that life is richer when we truly connect to the people and the world around us.About the location:
Pagoda-style pavilions rise amidst exquisite gardens and ponds. With personalised hospitality, Four Seasons provides an unrivalled experience of China’s timeless beauty. Four Seasons Hotels and Resorts is a world-leading luxury hotel management group. As a key member of the group, Four Seasons Hotel Hangzhou at West Lake has been awarded the great honor of a five- star hotel in Forbes Travel Guide 2016 to 2022. As the ancient saying goes, “In the universe, there is heaven; on earth, there is Hangzhou.” Set along the banks of the fabled West Lake, our hotel is a tranquil enclave woven with ponds, courtyards surrounding picturesque Chinese gardens, willow trees and mist-covered lagoons. Wake to views of mountain peaks, ancient temples rising from the greenery or the very waters that have enchanted poets, explorers and emperors for centuries. Start with a cup of Longjing tea in our Lobby Lounge before picking up your bicycles and heading out to explore the city, then come back for a soothing treatment in our chinoiserie-filled Spa, followed by dinner in one of Jin Sha’s private-dining rooms.About the role
Four Seasons Hangzhou at West Lake is looking for the Director of Finance position who is responsible for safeguarding the hotel assets and financial resources to ensure that all are utilized to maximize hotel profitability. Provide timely and accurate financial information and counsel to hotel senior management and ensure that the hotel operates within all related local and corporate policies and procedures and under the terms of the Management Agreement.
What you will do
People Functions
Product Functions
Profit Functions
What you bring
Education :
College or above degree or equivalence
Experience:
A minimum of 8 years’ experience in Finance
Skills and Abilities :
What we offer:
• Competitive Salary, wages, and a comprehensive benefits package
• Excellent Training and Development opportunities
• Complimentary Accommodation at other Four Seasons Hotels and Resort
• Complimentary Dry Cleaning for Employee Uniforms
• Complimentary Employee MealsSchedule & Hours:
• Full Time and Flexible Working Hours
About the company
Times change, but our dedication to perfecting the travel experience never will. Our highly personalised 24-hour service, combined with authentic, elegant surroundings of the highest quality, embodies a home away from home for those who know and appreciate the best. As the company has grown from one hotel to 115+ in 45+ countries, our deeply instilled culture, personified by our employees, continues to get stronger. Over 60 years, our people have built an unrivalled depth of reliability, trust and connection with our guests – a connection we will steadfastly uphold, now and always.