Regional Finance Director

Recruiter
Macdonald Hotels & Resorts
Location
Newbury, UK
Salary
Competitive
Posted
20 Oct 2019
Closes
23 Oct 2019
Ref
1302343706
Job Role
Finance Director
Contract Type
Permanent
Hours
Full-time
Level of qualification
Qualified
Macdonald Hotels are on the look out for an experienced Regional Finance Director to join one of our Regional Teams to head up the commercial finance functions of their Region. The ideal candidate will be be a team player and enjoy a hands-on role working within the faced paced hospitality environment. Financial and Commercial experience is essential as well as knowledge of the hospitality sector. The Purpose of the Role : The Regional Finance Director is a key role in driving the profitability of the region. Working for the Regional Managing Director, the main focus of the role is to ensure that every unit in the region is performing to its very best, specialising in financial support to the business. The RFD must be immersed in the financial performance of each hotel, using standard data and expertise made available from the central support teams (finance, sales, revenue, HR, IT) and combining this with further review, analysis and discussion with the management and operations staff in each hotel, with the objective of providing commercial decision-making support for the Regional Managing Director and Hotel General Managers. They will be expected to challenge operating procedures and decisions to ensure best practice is achieved across the balanced score card (People, Product and Profit) It also includes the coaching and development of hotel and regional team members, including front line department HODs and staff, finance, front office, local sales, regional sales, revenue management and maintenance, to drive the financial and commercial literacy of the whole hotel management team. The role will include supporting the Hotels Financial Controller in ensuring that unit level operational controls are operating effectively, and that improvement projects to bring efficiencies and time savings are rolled out as required. The RFD will take a lead role in supporting the MDs review of the weekly forecasting and monthly financial review processes to ensure that there is an accurate revenue and cost forecast for the coming weeks and months, and that manning and controllable costs are appropriate to the level of business, and any exceptions are promptly followed up and corrective actions taken. The role includes responsibility for carrying out review to ensure audit compliance with company processes and policy on areas such as banking control, liquor controls, and stock controls, as directed by the Hotels Financial Controller and Internal Audit team. Where deficiencies are identified the RCC is responsible for putting remedial training and follow-up actions The ideal candidate: Previous experience of working in a regional finance capacity within the hospitality sector is essential for this position. A hard-working professional with the desire to maintain and improve upon high standards. You will be professional with the ability to deal with challenging situations. Have an accurate and methodical approach to work. Will be able to meet deadlines and prioritise work. A good working knowledge of Excel and Microsoft Office is essential. Knowledge of Sage and Opera is essential. Your responsibilities will include: Providing timely and accurate insights to the Managing Director inclusive of commercial commentary of trading results for Board presentation Reviews of all cash control, till usage, and banking issues on a regular basis as well as ensuring all management financial processes are robust and robustly controlled. Commercial support to the Managing Director ensuring that all segmentation gaps and understood and planned for with all sales team performance is monitored and tracked Monitoring of all management teams to ensure that they are aware and practicing the group policies are observed Active participation in weekly/ monthly/ quarterly and annual forcasting meetings ensuring appropriate and accurate information is submitted Support the Managing Director to manage all cost lines to ensure that all unit costs are in line with KPI requirements To support hotel and region on cost reduction initiatives To champion best practice purchasing techniques in line with company policies and approved supplier agreements Coordination and arrangement of regular stock takes across the region with diligent follow up of variances and improvements needed Full financial analysis to ensure that the Managing Director and leaders within the business understand the key business trends within the units and region Full monitoring of the regions sales ledgers and PMs to ensure that any problems are vigorously followed up. Benefits Group Pension Cycle to Work Employee Awards Career Development Friends and Family Hotel Stay Discounts Discounted Gym Membership Discounted Spa Treatments and Products Discounted stays at our UK and Spanish Resorts This job was originally posted as www.caterer.com/job/88351767

Similar jobs

Similar jobs