Director, Finance Business Partner-Rosewood Blue Palace

PHĀEA is a leader in the Greek hospitality industry, bringing an authentic approach to experiential travel and luxury – one that is inspiring yet effortless, elevated yet conscious, highly curated yet understated. Our focus is on meaningful experiences, responsible practices and a culture of continuous learning and evolution.

This position is published on behalf of Rosewood Blue Palace.

IMPACT OF THIS ROLE

Set and develop strategies for the hotel aligned with organizational vision and future aspirations. Take a long-term and big-picture view of the business. Communicate compelling visions and translate that into plans and actions.

Provides financial leadership for the Hotel in achieving profit, cash flow, and key performance goals while maintaining a strategic perspective to identify profitable opportunities, anticipate challenges and create competitive advantage, ensures a controlled, check and balance, financial environment at all times.

KEY RESPONSIBILITIES

Financial

• Demonstrate sound business acumen by keeping up to date with market trends and industry dynamics. Identify business opportunities for the organization. Demonstrate financial awareness by thinking in terms of profits, loss and added value. Deliver tangible business results.
• Drive the Business Plan / CAPEX Plan process to ensure timely completion accuracy of data and suitable analysis prior to submission to Corporate Office. Use said plan(s), once agreed, to guide the business during the year.
• Manage the CAPEX plan of the Hotel, through the relevant Division Heads to ensure best use of owner funds is being applied.
• Ensure sufficiency of operating fund and maximisation of cash flow, when making payment and bank deposit, through control of stock levels, credit and accounts receivable collection.
• Execute and review existing financial controls, policies and procedures. Ensure that accounting follows policies stipulated by Corporate and Hotel manuals (ensuring procedures abide with local laws and regulations).
• Ensure timely settlement to any outstanding expenses payable to Management Company.

Operations

• Take initiative and ownership of making decisions and actions timely and independently. Take calculated risks and makes considered decisions based on information and intelligence across the organization.
• Support implementation of appropriate metrics and control to manage business risks; ensure strong accounting and operational control environment to safeguard assets, improve operations, profitability and ROIC.
• Promote an organisational environment that rapidly assimilates new information to improve business performance through process’s that benefit both the associates and customers.
• Actively pursues learning and self-development to enhance own professional growth. Seek feedback and takes action to enhance performance based on experiences & coaching.
• Provide guidance and advice to hotel management on financial and accounting matters, including preparation of monthly financial reports and operation performance analysis.
• Fully understand terms and conditions of hotel management agreement and other relevant agreements and ensures hotels are operated accordingly.
• With the Managing Director, takes a lead role in ensuring relationships with Owners are reasonably maintained.
• Implement and ensures a valid internal control environment, on existing accounting application programs and computer systems, according to hotel policies and procedures.
• Oversee the Operation Management Review (OMR) process and drives follow up actions as maybe required in order to enhance the performance of the Division and ensure compliance to standards, policies and procedures.
• Is conversant with all relevant laws for the hospitality business, understands the local regulations, and works closely with the operation team to ensure full compliance in all areas.
• Maintain and ensure all relevant hotel related licences are updated and securely stored.
• Establish and maintain effective safekeeping mechanism, including suitable storage and assess to all contracts, tenancy agreement, and administration of accounting records.

Team

• Through people leadership, provide others with a clear direction and set appropriate standards of behavior. Motivate and empower others by delegating work appropriately. Provide associates with development opportunities and support. Build capable and diverse teams.
• Identify training needs required to improve revenue generation skills of the team and pro-actively works with Talent Development, Sales and Marketing and Revenue training to overcome them.
• Foster the development of a positive work environment for all associates. Ment