Finance Manager

Mandarin Oriental Bosphorus İstanbul

The Hotel 

Mandarin Oriental Bosphorus, Istanbul has become Mandarin Oriental Hotel Group's second hotel in Turkey. The hotel is located on the European side of Istanbul, in the luxurious residential district of Kuruçeşme, right next to the unique Bosphorus.

Redefining luxury with its sophisticated design and architecture inspired by Istanbul's uniquely beautiful mansions and palaces, our hotel is located on the shores of the Bosphorus with two outdoor pools in the city center with lush and generous gardens, 100 spacious rooms and suites with large living spaces, rich Sunday brunches with Turkish and international cuisine, Novikov Restaurant, the international representative of modern Asian and Italian cuisines; Olea & Bar, offering the most exclusive flavors of Italian cuisine and Bosphorus Lounge, home to delicious snacks and tea-time rituals. The Spa at Mandarin Oriental Bosphorus, Istanbul is the city's most comprehensive health, beauty, and wellness center with 3,500 square meters of The Spa at Mandarin Oriental Bosphorus, Istanbul.

Duties and Responsibilities

* To ensure maintenance of transition budgets and guests’ spending

* To ensure compliance with MO P&P

* To ensure all bank reconciliations are performed in a timely and accurate manner

* To maintain uniform accounting procedures for recurring and routine transactions

* To maintain balance sheet accountability and organize timely balance sheet review

* To monitor controls for cash disbursements and accounts payable

* To ensure chart of account uniformity with MO P&P

* To develop the annual budget with the Director of Finance, monitors performance against the budgets, prepares forecasts and variances analysis

* To collect common charges and incidental fees

* To maintain log of Insurance matters and any other claims of service charges

* To manage the period close and produce monthly accounts within the time frame laid down

* To establish cut-off in compliance with corporation, analyzes pre-close results, approves required adjustments

* To prepare / review periodic reports showing key results

* To develop site specific reports as required

* To prepare financial reports for the board and other communication forms

* To report on budgeted and actual expenditure and reconciliation quarterly

* To ensure compliance with established policies and procedures. 

* To review procedures with accounting and other associates to ensure maximal effectiveness and efficiency

* To create and revise all necessary reports (i.e. month end, reconciliation with Management Company, cost allocation etc.) as well as system to collect service charge and other charges levied / paid by the residence owners

* To ensure adherence to controls over inventories, other assets, incentives, procurements, payables, and receivables

* To report on Internal Controls and governance

* To formulate and implement policies, procedures and setting up accounts to create a standardized accounting framework for the hotel operation

* To ensure that Legendary Quality Experiences are fully implemented and maintained throughout all financial transactions

* To monitor expenditure, ensuring compliance with the annual budget

* To assist the Assistant Director of Finance / Director of Materials Management in the preparation of tender documents

* To monitor hotel satisfaction by effectively following up with comments and complaints within 24 hours

* To carry out any other reasonable request as directed by the Department Head.