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Assistant Financial Controller

Luzern, Switzerland, Luzern, Switzerland

Assistant Financial Controller

  • Luzern, Switzerland
  • Accounting & Finance Division
  • Full time

We’re looking for an Assistant Financial Controller to join the pre-opening team at Mandarin Oriental Palace, Luzern.

The iconic Hotel Palace Luzern first opened in 1906 and is located in the heart of the city, on the shores of Lake Lucerne. The multi-million-dollar renovation will include the restyling of all guestrooms and suites, the redesign of the public areas, restaurants and bars as well as the landscaping of the outdoor grounds. Following the completion of the renovation, Mandarin Oriental Palace, Luzern will comprise 146 rooms and suites offering excellent views of the lake and mountains. There will be a restaurant and a bar together with a variety of social and meeting facilities and a spa and fitness room.

As an Assistant Financial Controller, you will be responsible for the determination of optimum control objectives and for the installation and maintenance of appropriate internal control systems over income, expenditure, assets and liabilities within the hotel. In the performance of these duties, the Assistant Financial Controller must maintain a spirit of responsiveness among all persons and functions supervised, in order to produce a positive and unified approach to the fulfilment of all responsibilities of the position.

The Assistant Financial Controller will be responsible for the following duties:

  • To direct, manage and support the development, implementation, maintenance and administration of all financial controls and accounting procedures, based upon a maximization of internal control techniques consistent with MOHG established policy and generally accepted accounting principles, as adapted to any local legal requirements.
  • Together with the Director of Finance, play an active role in the management of the hotel and will exercise a responsive attitude to the needs of the General Manager and other members of the hotel management team.
  • To be actively involved in the search for opportunities to improve the profitability of the hotel and encourage the preparation of exception reports and analyses to help meet and measure the success of this objective.
  • To manage on behalf of the Director of Finance the statutory accounts requirement and the relationship with external auditors.
  • To carry out any other duties that may be reasonably requested by the Director of Finance or General Manager.
  • To assist in organizing an efficient treasury function to provide proper management of the hotel’s working capital and cash flow in accordance with MOHG minimum guidelines. Also, to ensure excessive investment is not made in receivables or inventories and that sufficient liquidity is maintained to meet the hotel’s obligations.
  • To review and critique project capital expenditure reports to ensure that both the General Manager and MOHG are provided with complete and accurate information.
  • To continuously monitor economic, social and governmental trends and policies to ensure the General Manager and MOHG corporate management are kept fully appraised of any implications which may affect the performance of the hotel in meeting its financial objectives.

What we are looking for:

  • Must have a previous experience in a similar role within luxury hospitality.
  • Effective time management, communication, and professional presentation skills.
  • Experience with the accounting principles managing a stand-alone property with full accounting independence
  • An extensive knowledge of statutory and tax requirements within the IFRS framework
  • Knowledge of the financial tools used by MOHG, specifically Sun accounting system, Hyperion forecasting/budgeting system and HFM reporting system
  • Ability to multi-task and balance the priorities of the position.
  • Excellent knowledge of German and English.

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