What will I be doing
As the Finance Manager, you will be responsible for performing the following tasks to the highest standards:
Financial Accounting & Control
- Manage all hotel accounting records and financial reports, ensuring compliance with Hilton, owner, statutory, and fiscal requirements.
- Maintain a robust internal control environment, ensuring the safeguarding of hotel assets, accurate financial reporting, and compliance with all relevant agreements and regulations.
- Perform regular reviews and reconciliations of the balance sheet, ensuring fair representation of hotel assets and liabilities.
- Manage legal and tax compliance, insurance requirements, and financial aspects of any pension schemes, where applicable.
- Liaise effectively with Internal and External Auditors to ensure in-hotel audit programs are effective and corrective actions are taken as necessary.
- Emphasize revenue assurance, conducting interim self-audits, and using monthly control checklists.
- Maintain updated records of contracts, leases, and permits that impact the hotel's financial status.
Management Reporting
- Develop and deliver high-quality, timely management information and performance measurements.
- Implement innovative reporting practices that incorporate benchmarking, KPIs, and balanced scorecard techniques.
- Ensure all corporate reports (Datalink, Pro-Plant, management reports, etc.) are timely, accurate, and reconciled to the trial balance.
Business Support
- Provide financial and commercial advice to the General Manager and hotel management team.
- Analyze management information to identify opportunities for value creation.
- Support major pricing decisions, business development initiatives, and other strategic commercial activities.
Information Technology & Systems
- Support the implementation, maintenance, and optimal use of financial systems.
- Ensure data integrity and address system errors at the source to drive process improvements.
- Maximize efficiency through continual development of financial reporting and systems usage.
Investment Management
- Utilize project evaluation techniques to optimize returns on investments.
- Lead the preparation and management of the hotel's capital expenditure plan.
- Conduct post-investment audits and ensure learnings are applied to future projects.
Strategic Planning and Forecasting
- Play a support role in hotel strategic planning, particularly long-term master-planning.
- Manage the formulation and execution of annual budgets and regular forecasts.
- Provide advance alerts on business trends, ensuring senior management is informed of significant changes.
Team Development and People Management
- Recruit, retain, and develop top finance talent, ensuring succession planning and career development.
- Lead the finance team to achieve high performance through ongoing training and measurable objectives.
- Provide financial training to the broader hotel management team using resources such as Hilton University.
Cash Management and Working Capital
- Optimize the hotel's cash position, minimizing interest expenses and maximizing interest earnings.
- Maintain accurate cash flow forecasts and ensure proper reconciliation of all bank accounts weekly.
- Establish robust credit control and receivables management policies, ensuring recoverability and minimizing bad debts.
Cost Management
- Analyze and benchmark hotel costs, identify opportunities for savings, and manage financial risks.
- Ensure all procurement is conducted in a cost-effective manner.
- Operate the finance department efficiently, setting an example of cost-consciousness for the hotel.
Additional Responsibilities
- Maintain a strong relationship with both the General Manager and Regional Finance Director, ensuring alignment on professional standards.
- Participate in Finance Manager appraisals, bonus schemes, and personal development reviews in consultation with the Regional Finance team.
- Exercise the right to access financial information across all hotel departments to fulfill responsibilities effectively.
What are we looking for
A Finance Manager serving Hilton Brands is always working on behalf of Guests, Owners, and Team Members. To successfully fill this role, you should demonstrate:
- A degree in Accounting, Finance, or a relevant field; professional accounting qualifications are preferred (e.g., CPA, ACCA).
- Proven experience in financial management roles, ideally within the hospitality industry.
- Excellent knowledge of accounting regulations and procedures.
- Strong leadership, communication, and interpersonal skills.
- Ability to challenge, influence, and drive financial performance.
- High level of IT proficiency, particularly with financial systems.
- Strong analytical and strategic planning skills.
- A commitment to professional development and continuous improvement.
