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For Companies At a Glance
- Tasks: Lead the 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, private healthcare, and 12 complimentary hotel nights yearly.
- 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: Embrace a diverse culture that values empathy, integrity, and wellbeing.
The predicted salary is between 120000 - 200000 £ per year.
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 (London) employer: Park Hyatt
Contact Detail:
Park Hyatt Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Director of Finance (London)
✨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 Director of Finance role at Park Hyatt.
✨Tip Number 2
Research Park Hyatt London River Thames thoroughly. Understand their financial strategies, recent developments, and unique offerings to demonstrate your knowledge and enthusiasm during interviews.
✨Tip Number 3
Prepare to discuss your leadership style and how it aligns with the values of empathy, integrity, and collaboration that Park Hyatt promotes. Be ready to provide examples of how you've successfully led finance teams in the past.
✨Tip Number 4
Familiarise yourself with the specific financial challenges faced by luxury hotels, such as managing costs in multi-entity environments. This will help you articulate how your experience can directly benefit Park Hyatt.
We think you need these skills to ace Director of Finance (London)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in finance, particularly within the luxury hospitality sector. Emphasise your leadership roles and any specific achievements that align with the responsibilities outlined in the job description.
Craft a Compelling Cover Letter: Write a cover letter that not only introduces yourself but also explains why you are the perfect fit for the Director of Finance role. Mention your qualifications, such as being a qualified accountant, and how your strategic thinking can benefit Park Hyatt London River Thames.
Showcase Your Leadership Skills: In your application, provide examples of your leadership capabilities. Discuss how you've successfully managed teams or projects in the past, especially in complex operational structures, to demonstrate your suitability for the Leadership Committee.
Highlight Financial Acumen: Detail your experience with financial planning, budgeting, and reporting. Use specific metrics or outcomes from previous roles to illustrate your ability to drive financial strategy and enhance revenue, which is crucial for this position.
How to prepare for a job interview at Park Hyatt
✨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 complex operational structures. Highlight your communication and interpersonal skills, as these are vital for collaborating with department heads.
✨Understand the Hospitality Landscape
Familiarise yourself with the luxury hospitality sector, especially the unique challenges it faces. Be ready to discuss how you can contribute to enhancing revenue and controlling costs within a hotel environment, drawing on your past experiences.
✨Prepare for Strategic Discussions
Since this position involves strategic decision-making, think about how you can support the hotel's overall goals. Prepare to discuss your approach to financial strategy and how you would align it with the hotel's vision, especially regarding the new residential experience.
