Director of Finance And Operations

Job Description

Job Description

My client is a premier hotel in Birmingham, featuring over 100 bedrooms, a popular restaurant, bar, lounge, and a range of impressive meeting and event facilities. They are seeking a Director of Finance to lead the finance department, ensuring effective financial controls and reporting to support the financial sustainability of all hotel operations.

Role Overview

The Director of Finance will manage all aspects of financial operations, including budgeting, forecasting, financial reporting, and analysis. They will work closely with department heads to optimise revenue and control costs.

Key Responsibilities

Act as the business owner of Payroll, HR, and Finance systems, and be proficient with Hotel systems.
Coordinate the preparation of accurate monthly management reports, including management accounts, analysis, and commentary in the required format.
Oversee the reporting and management of financial KPIs (e.g. staffing levels, cost of sales), and present these to the Company Board.
Coordinate the production and completion of Statutory Accounts with relevant notes.
Manage cash and credit revenues, ensuring all receipts are banked according to Company guidelines.
Effectively manage payroll to ensure accurate employee remuneration, compliance with statutory requirements, Company policy, and the EEC Working Time Directive.
Ensure accurate and timely recording of financial information by the finance team.
Safeguard the business’s assets and revenue through the implementation and maintenance of a rigorous system of internal controls.
Oversee financial control environments, including investigating and reporting any identified or suspected issues.
Coordinate and manage the outcomes of external audits.
Establish and maintain procedures to manage customer credit limits, minimising bad debt exposure in line with Company guidelines.
Review, monitor, and improve procurement processes.
Assist operational management in preparing forecasts and budgets to achieve the Hotel’s 3-year plan.
Control petty cash within predetermined limits.
Investigate and report any identified or suspected financial malpractice.
Develop cost control processes to enhance business efficiency.
Create business cases for investment or related business decisions suitable for Senior Management and Board approval.
Manage credit card acceptance and customer data processes.
Develop and review Financial Standard Operating Procedures.
Support the Hotel with social and environmental initiatives.
Adhere to all Hotel policies, procedures, and processes.

Requirements

Qualified Accountant (e.g. ACA, ACCA, CIMA).
Significant experience in finance and accounting roles, with at least two years in a supervisory or managerial capacity.
Experience in financial planning, forecasting, budgeting, and financial analysis.
Proficiency in financial software, with hospitality-specific systems experience being a plus.
Experience implementing effective financial internal controls and policies.

Skills and Attributes

High integrity and ethical standards, with a commitment to maintaining financial controls and compliance.
Strong IT skills.
Strong analytical skills.
Strong leadership and managerial skills.
Great attention to detail and high reliability.
Confident and approachable demeanour.

Benefits

Holidays
Company pension
Employee discount
Flexible schedules
Free parking
Free staff meals
Wellness programme