Director of Finance

-The Hotel-

Mandarin Oriental, Taipei, with a prime location in Taipei’s most established business district, is poised to deliver a new era of luxury hospitality on opening. The hotel’s 303 comfortable and luxurious rooms and suites, are elegantly designed with classic inspiration and contemporary touches, and are the most spacious in the city. Six restaurants and bars showcase innovative and superlative cuisine, while the spacious spa introduces the Group’s awarding-winning spa concepts together with holistic signature treatments and a range of wellness programmes. In addition, the diverse meeting and event spaces bring a level of sophistication and elegance to any occasion.

-JOB DESCRIPTION-

Under the supervision of the General Manager and with the support of the Regional and Area Director of Finance, and within the limits of the Mandarin Oriental Hotels Group policies and procedure and local requirements, the Director of Finance is responsible for the supervision of all members of the Accounting and Purchase Departments. The Director of Finance is responsible for the determination of optimum control objectives and for the installations and maintenance of appropriate internal control systems over income, expenditure, assets and liabilities within the hotel. In the performance of these duties, the Director of Finance must maintain a spirit of responsiveness among all persons and functions supervised, in order to produce a positive and unified approach of the fulfilment of all responsibilities of the position.

RESPONSIBILITIES

To direct, manage and support the development, implementation, maintenance and administration if all financial controls and accounting procedures, based upon a maximization of internal control techniques consistent with Group corporate management established policy and generally accepted accounting principles, as adapted to the requirements of the hotel’s management contract and other local legal requirements.

• To play an active role in the management of the hotel and to exercise a responsive attitude to the needs of the General Manager and other members of the hotel management team.
• To ensure compliance to terms and conditions of the hotel’s management contract, with particular regard to provisions relating to the company’s responsibilities as the managers and bringing any discrepancies to the immediate attention of the General Manager and group corporate management.
• To 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, 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 programs for all subordinate staff to ensure the highest level of professional competence and efficient continuity within those positions.
• To organize an efficient treasury function to provide proper management of the hotel’s working capital and cash flow in accordance with Group corporate management minimum guidelines and within the requirements of the hotel’s management contract. 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 be responsible for the efficient operation and maintenance of the hotel’s computerized data processing function within the Group corporate management established guidelines.
• To ensure all financial reports, budgets, forecasts and other information required by Group Corporate management are accurately compiled and submitted within the specified time limits, identifying variances and making recommendations for improvements as appropriate.
• To personally review forecasts and budgets prepared by hotel management to ensure the General manager and Group corporate management are kept fully apprised of any implications which may affect the performance of the hotel in meeting its financial objectives.
• To ensure adequate controls are installed and maintained for the protection of the hotel’s assets against loss or misappropriation.
• To ensure adequate insurance coverage is maintained to protect the assets of the hotel with particular regard to the requirements contained in the hotel’s management contract.
• Assume full responsibility for the proper control of all cash funds and other assets for subordinates.
• To establish a comprehensive credit and collection policy for the hotel based on good industry practice and within the guidelines provided by Group corporate management.
• Maintain positive and constructive relationship with the owner property.
• Safeguard the security of the company's information and computing assets and comply with the implemented Information Security Policy and all practices and supporting procedures designed in accordance with the policy.

REQUIREMENTS

• Bachelor´s degree in Accounting, Finance or Hospitality Management
• At least five years of Financial Controller Experience, preferably in Hospitality Accounting operations
• Experience in Luxury Hotel Preferred
• Ability to general all financial reports, including profit & loss statement, income statement, etc.
• Excellent communication skills in Mandarin and English
• Advanced proficiency in Excel
• Ability to assemble, analyze, understand integrated spread sheets and complex technical information
• Prioritization skills necessary to meet deadlines
• Strong presentation skills
• Effective management, leadership, organization and communication skills