Director Of Finance

Mandarin Oriental Bosphorus İstanbul

Duties and Responsibilities

To manage/oversee the accounting department to ensure optimal efficiency of financial operations and adherence to Mandarin Oriental commitments to management contracts as well as adherence to Turkish regulations;

To supervise preparation all financial reports, ledger reviews and forecasts according to the established schedule, for distribution of operational information necessary to assist management in decision-making and budget preparation processes.

To oversee preparation of, interprets and analyzes monthly financial statements and presents to management

To monitor revenues/expenses and ensure accurate recording of information to Mandarin Oriental established guidelines

To compile financial data related to operations, investigate and critique variances from expectations to determine cause and recommend appropriate management response to insure attainment of hotels financial objective

To establish and oversees /audits all internal financial controls to include purchasing, cash handling, receipts, disbursements, expendable/fixed asset inventories, payroll and colleague records to ensure policies are enforced according to Mandarin Oriental standards
To ensure proper, timely payment of fees for licenses, permits, regulatory contracts and insurance's, all taxes

To serve as active member of Executive Committee and attends all related Meetings

To approve as needed all purchase orders, payroll submittals, cash transfers to owners, manual checks, balance sheet and bank reconciliations, month end journal entries and all Mandarin Oriental inter-hotel and corporate billings

To ensure timely invoicing and accounts receivable contract management.

To recruit, manage, supervise and support all subordinate employees, with a view to optimizing the profitability of the hotel and improving the guest experience.

To initiate employee development and evaluation programmes for all subordinate staff to ensure the highest level of professional competence and efficient continuity within those position

Requirements

Extensive Director of Finance experience in Hospitality Accounting operations within a luxury hospitality environment; previous pre-opening experience is preferred. (Multi property experience is a plus)
Thorough knowledge of Turkish financial regulations and laws.
Effective management, leadership, organizational and communications skills.
Ability and proven experience to generate all financial reports, including profit & loss statement, income statement, etc.
Ability to assemble, analyze, understand integrated spread sheets and complex technical information.
Excellent communication skills both written and spoken in English and Turkish as well as strong presentation skills.
Prioritization skills necessary to meet deadlines.
Advanced proficiency in Excel and proficiency in systems such as Opera, Sun, Delphi, Hyperion and Micros System preferred.