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For Companies At a Glance
- Tasks: Lead financial strategy and operations for a luxury hotel.
- Company: Join Park Hyatt London River Thames, a premier luxury hotel with stunning views.
- Benefits: Enjoy competitive salary, bonuses, healthcare, and discounted stays worldwide.
- Why this job: Be part of a dynamic team shaping the future of luxury hospitality.
- Qualifications: Qualified accountant with senior finance experience in luxury hospitality required.
- Other info: Ongoing learning opportunities and a diverse, inclusive culture await you.
The predicted salary is between 43200 - 72000 £ per year.
Salary: Competitive + Leadership Committee Benefits
About Park Hyatt London River Thames
Park Hyatt London River Thames offers 203 luxurious rooms, including a presidential suite and two signature mega-suites, with stunning views of the River Thames and central London. Nestled in a convenient location in the heart of the city, the hotel features exquisite dining options across two restaurants and two bar outlets, state-of-the-art event spaces, and a serene spa and wellness floor. Alongside our hotel offering, we are also in the process of launching a unique residential experience, creating a dynamic and evolving luxury environment for longer staying guests.
The Opportunity
We are seeking an experienced and forward-thinking Director of Finance to join our hotel's Leadership Committee. This role is pivotal in guiding the financial strategy and operational execution of our hotel and associated entities. You will report directly to the General Manager and have a dotted line to the Area Director of Finance for UK & Ireland.
Your Responsibilities Will Include:
- Oversee the full Finance function including Accounting, IT, and Procurement
- Lead short- and long-term financial planning for hotel operations and adjacent managed interests
- Manage financial reporting, planning, budgeting, and forecasting
- Prepare and review monthly and annual financial statements
- Drive detailed variance analysis and collaborate with department heads on cost controls and revenue enhancement
- Manage all aspects of internal and external audit processes
- Support strategic decision-making across the hotel as a key member of the Leadership Committee
- Develop and maintain strong relationships with our ownership, providing accurate and timely reporting and insight
- Guide the Purchasing team, ensuring efficiency, compliance, and strong vendor relationships
- Provide financial guidance related to multi-use property operations, including knowledge of service charge agreements and cost allocations within a larger residential context
About You:
- A qualified accountant (e.g., ACCA, CIMA) with relevant experience in a senior Finance role within luxury hospitality
- Proven leadership capabilities with excellent communication and interpersonal skills
- Comfortable working within complex operational structures, ideally including multi-entity or multi-property environments
- Strategic thinker with strong business acumen and a collaborative approach
What We Offer:
- Leadership package including bonus, private healthcare, and enhanced pension
- 12 complimentary nights a year across Hyatt Hotels worldwide
- Discounted hotel stays for family and friends from day one
- Complimentary laundered business attire
- 50% discount on F&B at selected Hyatt Hotels
- Free meals while on duty
- Headspace membership and access to our Employee Assistance Programme
- Ongoing learning and development with global career progression opportunities
At Hyatt, "We care for people so they can be their best". Our values of Empathy, Integrity, Respect, Inclusion, Experimentation, and Wellbeing are the foundation of how we work together. We celebrate individuality and embrace a culture that's as diverse as our guests. Join us and be part of a team that's shaping the future of luxury hospitality. Apply today to start your journey with Park Hyatt London River Thames.
Director of Finance employer: Park Hyatt London River Thames
Contact Detail:
Park Hyatt London River Thames Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Director of Finance
✨Tip Number 1
Network with professionals in the luxury hospitality sector. Attend industry events or join relevant online forums to connect with individuals who may have insights into the hiring process at Park Hyatt London River Thames.
✨Tip Number 2
Research the financial strategies of successful luxury hotels. Understanding their approaches can help you articulate how your experience aligns with the financial goals of Park Hyatt during interviews.
✨Tip Number 3
Prepare to discuss your leadership style and how it has positively impacted financial performance in previous roles. Be ready to provide specific examples that demonstrate your strategic thinking and collaborative approach.
✨Tip Number 4
Familiarise yourself with the unique challenges of multi-entity or multi-property environments. Being able to speak knowledgeably about these complexities will show your readiness for the role and impress the hiring committee.
We think you need these skills to ace Director of Finance
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in finance within the luxury hospitality sector. Emphasise your leadership roles and any relevant qualifications, such as ACCA or CIMA.
Craft a Compelling Cover Letter: Write a cover letter that showcases your strategic thinking and business acumen. Mention specific examples of how you've successfully managed financial operations in previous roles, particularly in multi-entity environments.
Highlight Relevant Skills: In your application, focus on key skills mentioned in the job description, such as financial reporting, budgeting, and variance analysis. Use concrete examples to demonstrate your expertise in these areas.
Showcase Leadership Experience: Since this role is part of the Leadership Committee, be sure to highlight your leadership capabilities. Discuss your experience in guiding teams and collaborating with department heads to achieve financial goals.
How to prepare for a job interview at Park Hyatt London River Thames
✨Showcase Your Financial Acumen
As a Director of Finance, it's crucial to demonstrate your deep understanding of financial principles. Be prepared to discuss your experience with budgeting, forecasting, and financial reporting in detail, highlighting specific examples from your previous roles.
✨Emphasise Leadership Skills
This role requires strong leadership capabilities. Share instances where you've successfully led teams or projects, particularly in a hospitality context. Discuss how you foster collaboration and drive results within a team environment.
✨Understand the Luxury Hospitality Market
Familiarise yourself with the luxury hospitality sector, especially the unique financial challenges it faces. Be ready to discuss trends, competitor strategies, and how you can contribute to the hotel's financial success in this competitive landscape.
✨Prepare for Strategic Discussions
Since you'll be part of the Leadership Committee, prepare to engage in strategic discussions. Think about how you can support decision-making processes with financial insights and be ready to propose innovative ideas for revenue enhancement and cost control.
