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- Tasks: Lead financial management and strategy for a luxury hotel in London.
- Company: Join The Peninsula London, a prestigious flagship hotel known for luxury service.
- Benefits: Market-leading salary, service charge, and attractive benefits await you.
- Why this job: Make a real impact in a high-profile role at a renowned hotel.
- Qualifications: Degree in hospitality, business or accounting with 5+ years in finance management.
- Other info: Dynamic multicultural environment with opportunities for career growth.
The predicted salary is between 43200 - 72000 ÂŁ per year.
The Peninsula London is seeking to hire an influential Director of Finance who has strong experience in leading and strategizing the day to day financial management and control of the operations whilst providing the Executive Committee and Department Heads with relevant, accurate and timely financial reports and information. An exceptional opportunity to join our high-profile flagship hotel in London. The Peninsula Hotels espouses luxury service, dedication to our customers and commitment to our employees. Market leading remuneration, service charge and attractive benefits.
Key Accountabilities:
- Ensure there are proper accounting procedures in place with sufficient valid supporting information, all of which comply with local government requirements and which are correctly filed and stored.
- Ensure compliance with all terms and conditions of the management/lease agreements and associated legal documents.
- Keep and safeguard all contracts, leases, insurance policies and all legal and financial documents and maintain a suitable “trace” system to ensure that there is sufficient time to consider and renew all contracts.
- Lead the review and preparation of annual budgets, forecasts, monthly profit & loss statements in consultation with the Managing Director and ensure all reports are prepared in accordance with accounting standards (both local and HK GAAP), statutory requirements, hotel industry specific guidelines and Head Office requirements.
- Ascertain that all taxes, contributions, licenses, interest and management fees are accurately calculated and paid on time; and ensure the timely payment of all valid supplier invoices under the agreed payment schedule.
- Monitor capital expenditure and present viable financial feasibility analysis for new investment proposals.
- Review payroll budgets and FTEs and work with Human Resources on productivity and workforce planning.
- Oversee the procurement function, review all purchase requisitions in accordance with group purchasing policies, and approve all purchases in view of availability of funds, necessity and the budget.
- Hire, develop, motivate, supervise and coach department employees in maintaining a culture in compliance with mission, vision and values HSH.
Job Specifications:
- Degree in hospitality, business or accounting.
- Minimum of 5 years of professional experience acting in comparable capacity and role.
- 5 years' experience in a management role with a strong inclination to selecting and nurturing talent and building culture.
- Strong knowledge in using payroll, purchasing and accounting systems.
- Thorough local knowledge in accounting control and financial management process.
- Very strong analytical, financial and communication skills.
- Detail-oriented and strong organisation.
- Experience working within the United Kingdom.
We are delighted to receive your CV and will liaise with suitable candidates directly.
Director of Finance employer: The Hongkong and Shanghai Hotels, Limited
Contact Detail:
The Hongkong and Shanghai Hotels, Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Director of Finance
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and hospitality sectors. Attend industry events or webinars, and don’t be shy about introducing yourself to potential employers. We all know that sometimes it’s not just what you know, but who you know!
✨Tip Number 2
Prepare for interviews by researching The Peninsula London and its financial operations. Understand their values and how they align with your experience. We want you to show them that you’re not just another candidate, but the perfect fit for their team!
✨Tip Number 3
Practice your pitch! You’ll want to clearly articulate your experience in financial management and leadership. We suggest rehearsing common interview questions and preparing examples of how you’ve successfully led teams and managed budgets in the past.
✨Tip Number 4
Don’t forget to follow up after your interview! A quick thank-you email can go a long way in showing your enthusiasm for the role. And remember, apply through our website for the best chance at landing that dream job with us!
We think you need these skills to ace Director of Finance
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the specific skills and experiences that align with the Director of Finance role. Highlight your financial management expertise and any relevant achievements that showcase your ability to lead and strategise effectively.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to tell us why you're passionate about this role and how your background makes you the perfect fit for The Peninsula London. Be sure to mention your experience in hospitality and your knack for nurturing talent.
Showcase Your Analytical Skills: Since this role requires strong analytical abilities, don’t shy away from including examples of how you've used these skills in past positions. Whether it's preparing budgets or conducting financial feasibility analyses, we want to see your thought process!
Apply Through Our Website: We encourage you to apply directly through our website for a smoother application process. This way, we can ensure your application gets the attention it deserves and you can stay updated on your application status!
How to prepare for a job interview at The Hongkong and Shanghai Hotels, Limited
✨Know Your Numbers
As a Director of Finance, you’ll need to demonstrate your financial acumen. Brush up on key financial metrics and be ready to discuss how you've used them in past roles. Prepare examples of how you've led budgeting processes or improved financial reporting.
✨Understand the Company Culture
The Peninsula Hotels values luxury service and dedication to customers. Research their mission and values, and think about how your leadership style aligns with their culture. Be prepared to share how you would foster a similar environment within the finance team.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving skills. Think of scenarios where you had to navigate complex financial challenges or compliance issues. Use the STAR method (Situation, Task, Action, Result) to structure your responses clearly.
✨Showcase Your Leadership Skills
This role requires strong management capabilities. Be ready to discuss your experience in hiring, developing, and motivating teams. Share specific examples of how you've built a positive culture and improved team performance in previous positions.