Senior Manager, Projects Finance

Senior Manager, Projects Finance

Full-Time 40500 - 49500 Β£ / year (est.) No working from home possible
Mandarin Oriental

At a Glance

  • Tasks: Lead financial strategies for luxury hotel openings and support struggling properties.
  • Company: Join the prestigious Mandarin Oriental Hotel Group, known for exceptional service and luxury.
  • Benefits: Enjoy competitive pay, wellness programmes, and unique travel perks with MOstay.
  • Other info: Dynamic role with global reach and opportunities for professional development.
  • Why this job: Make a real impact in the luxury hospitality industry while growing your finance career.
  • Qualifications: Bachelor's degree in finance or accounting; expertise in hotel finance systems required.

The predicted salary is between 40500 - 49500 Β£ per year.

Mandarin Oriental Hotel Group is seeking a Senior Manager, Projects Finance to join our Operations Finance team.

Are you a master of craft?

Do you thrive in a team that succeeds together, demonstrating integrity and respect while acting responsibly?

Do you embrace a growth mindset?

We invite you to become a fan of the exceptional.

Mandarin Oriental is the award-winning owner and operator of some of the most luxurious hotels, resorts and residences located in prime destinations around the world, with a strong development pipeline.

Increasingly recognised for creating some of the world's most sought-after properties, the Group provides legendary service inspired by Asian heritage whilst representing the very cutting-edge of luxury experiences.

About The Job

Based within the Operations Finance Department in London, the Senior Manager, Projects Finance is responsible for ensuring the smooth financial transition of opening hotels and takeovers, supporting hotels facing performance challenges, and helping to maintain a strong control environment across the global portfolio.

The role has global scope and reports to the VP Projects, Operations Finance.

  • As Senior Manager, Projects Finance, you will be responsible for the following duties:
  • Reviewing feasibility projections and assessing and approving various ROI and financial projections.
  • Assisting hotels with pre-opening budgets and cashflows, opening bank accounts, and obtaining owner funding where applicable.
  • Working with Group Treasury to ensure MOHG maintains correct control of bank accounts.
  • Conducting due diligence for takeover hotels, including appraisal and action planning for existing finance teams.
  • Providing guidance and on-site assistance to hotels experiencing performance issues, including active on-site support for challenged hotels with no DOF or finance department issues when required.
  • Partnering with Internal Controls to identify and remedy control deficiencies, and assisting hotels with CSAQ compliance and the preparation and completion of ARM audits.
  • Acting as an advisor and mentor to the DOF community, including onboarding and buddying new Directors of Finance.
  • Resolving accounting issues as necessary and providing remote finance support across the portfolio.
  • As Senior Manager, Projects Finance, We Expect From You
  • Total ownership and self-sufficiency, with commensurate experience and character.
  • A Bachelor's degree in finance, accounting, or a relevant field.
  • Expert knowledge of hotel operating procedures and systems, including hotel finance systems, procurement systems, property management systems, and POS systems.
  • Our commitment to you
  • Learning & Development. Your success is our success. We craft unique learning and development programmes for various stages in your career so that you grow, continuously.
  • MOstay.

When you work as hard as our colleagues do, it's important to take time off.

As a member of the #MOfamily, you can stay with us wherever you go in the world.

The MOstay programme offers complimentary nights and additionally attractive rates on rooms for you and your loved ones.

  • Health & Colleague Wellness.

Finding the right work-life balance is important.

Your wellbeing matters to us.

A variety of health benefits and wellness programmes are offered to all our colleagues, globally.

  • Retirement Plans. When you show commitment to us, we reciprocate. We offer different retirement plans depending on the length of your service and your role.

We're Fans. Are you?

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Senior Manager, Projects Finance employer: Mandarin Oriental

Mandarin Oriental is an exceptional employer, offering a vibrant work culture where Spa Therapists can thrive in a dynamic environment in Greater London. With unique learning and development programs, generous health benefits, and an impressive holiday entitlement of up to 33 days, employees are supported in their professional growth while enjoying a fulfilling career in wellness and hospitality.

Mandarin Oriental

Contact Details:

Mandarin Oriental Recruitment Team

We think you need these skills to ace Senior Manager, Projects Finance

Financial Analysis
Budgeting
Cash Flow Management
ROI Assessment
Due Diligence
Internal Controls
Compliance