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Director of Finance

Zurich, Switzerland, Zürich, Switzerland

Director of Finance

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

We are looking for a Director of Finance to join our pre-opening Team at Mandarin Oriental Savoy, Zurich.

Mandarin Oriental Savoy, Zurich is located in the heart of the old town, within the main business centre, close to the city’s leisure attractions and a short walk from the shores of Lake Zurich. Set to open in 2024, Mandarin Oriental Savoy, Zurich will feature 80 guestrooms and suites and three dining outlets, comprising an all-day dining venue, a speciality restaurant, and a lobby lounge. The property is ideally placed for meetings and gatherings, and the renovation will enhance conference and event facilities, including a grand historic ballroom.

As a Director of Finance, you will provide leadership and guidance in all matters relating to the financial operation of the hotel. You will develop and deliver accurate and timely financial reports to assist management decision making process and maintain internal control procedures designed to safeguard owners/investors assets and ensures compliance with country and local regulations.

During the pre-opening phase the Director of Finance will be responsible for drafting and assembling the pre-opening budget, drive the Finance divisional critical path including recruitment of the Finance team, process structuring and MO standards compliance.  

The Director of Finance 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 the Hotel and the company.
  • 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/oversee the accounting department to ensure optimal efficiency of financial operations and adherence to the Hotel commitments to management contracts.
  • 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 monitor revenues/expenses and ensure accurate recording of information to the Hotel established guidelines.
  • To establish and oversee /audits all internal financial controls to include purchasing, cash handling, receipts, disbursements, expendable/fixed asset inventories, payroll and employee records to ensure policies are enforced according to the Hotel standards and local law.
  • To assist management in the capital planning process by providing appropriate ROI information as well as coordinate the development of the Annual Budget and Monthly Forecasts.

What are we looking for?

  • Extensive Financial Controller Experience in Hospitality Accounting operations, a portion of which ideally in the luxury sector.
  • 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, analyse, understand integrated spread sheets and complex technical information.
  • Excellent communication skills both written and spoken in English and German as well as strong presentation skills.
  • Prioritisation skills necessary to meet deadlines.
  • Advanced proficiency in Excel and proficiency in systems such as Opera, Sun, Delphi, Hyperion and Micros System preferred

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