Cluster Director of Finance

EOE/AA/Disabled/Veterans

The Cluster Director of Finance is accountable for their portfolio of hotels in respect of understanding and driving financial performance and is responsible to perform all finance activities within the policy regulatory and contractual framework. The role will business partner with the General Managers and has accountability for developing excellent working relationships across a broad range of internal and external stakeholders including within Hotel Finance Commercial IT Procurement Human Resources Operations Shared Service Centers (where applicable) Owners and Asset Managers as well as Regional Operations Finance. The Cluster Director of Finance works closely with all Business Partners to develop best-in-class hotel Finance teams including the participation in all relevant Finance development programs. You will be and remain familiar with the management agreement for the Hotel and implement processes and procedures to ensure the Hotel is operated in compliance with the management agreement reporting issues of non compliance to your supervising manager.

What will I be doing

Maximize profitability and performance of Managed Hotels or cluster of hotels in scope

Partner with Central Corporate Functions to identify areas of opportunity to increase revenues or reduce costs across the estates

Lead commercial financial analysis monthly forecasts reviews and meetings annual budget cash flow analysis and other financial benchmarking and tools

Partner with General Managers hotel management teams to identify opportunities for the hotels (cost savings; revenue initiatives; working capital improvements)

Serve as a strategic business partner and financial advisor to hotel management and ownership lead monthly performance review meetings

Assist and advise team heads in the interpretation and analysis of financial data recommending courses of action to maximize hotel profitability

Demonstrate full understanding of Lease / Management Agreements and related implications for hotels in scope for the role

Provide financial oversight of capital expenditure projects as necessary

Build competence with relevant Team Members through training best practice sharing recognition and rewards and other professional development opportunities

Ensure hotels are in compliance with Corporate Policies (SPIs) and governmental rules and regulations and report irregularities and non-compliant situations as required by corporate guidelines

Ensure that the best interest of the hotels Hilton International and owners are protected and seek advice from the Regional Director of Finance if and when needed

Provide direction and directives to the departmental team members in the performance of their duties for establishing work priorities and in achieving management objectives

Determine staffing needs and oversee the recruiting selecting hiring training and developing of certain departmental team members

Perform regular communication meetings and ensure that hotel finance team is kept informed of all relevant hotel and company information news and initiatives

Oversee and evaluate business processes to maximize efficiency and effectiveness within the department

Ability to deliver presentations and effectively present to hotel team owners and Regional team

Participate in and lead finance projects as and when required

Perform other duties and responsibilities as and when assigned or required

Act in accordance with fire health and safety regulations on property and follow the correct procedures when required

Ensure month-end reporting to owner and Hilton is completed within the deadlines

What are we looking for

• Preferably with 7 years of relevant and progressive accounting or finance experience; preferably in hospitality industry
• 4 years of experience in a managerial role would be an asset
• Strategic thinker with the ability to formulate effective goals objectives and priorities with a long term perspective
• Strong communication and negotiation skills (all levels of management and external customers)
• Financial and operational analytical skills (operational analysis)
• Knowledge of departmental and hotel operations
• Ability to exercise judgment in evaluating situations and in making sound decisions
• Ability to analyze and interpret financial data Leadership and organizational skills (team orientation flexible adaptable)
• Ability to analyze large volume of complex financial information from many sources and create reports forecasts projections
• Proficiency in MS Office suite applications (Excel Word Powerpoint)

Additional Preferences:

• Bachelors degree holder; preferably in Accounting or Finance
• Holds Accounting certification ideally Egyptian Society of Auditors & Accountants - (ESAA) would be an asset

What will it be like to work for Hilton

Hilton is the leading global hospitality company spanning the lodging sector from luxurious full-service hotels and resorts to extended-stay suites and mid-priced hotels. For nearly a century Hilton has offered business and leisure travelers the finest in accommodations service amenities and value. Hilton is dedicated to continuing its tradition of providing exceptional guest experiences across its global brands. Our vision to fill the earth with the light and warmth of hospitality unites us as a team to create remarkable hospitality experiences around the world every day. And our amazing Team Members are at the heart of it all!