Director of Finance

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 maintains 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 General Manager 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, reviews all purchase requisitions in accordance with group purchasing policies, and approves all purchases in view of availability of funds, necessity and the budget.

• Hires, develops, motivates, supervises and coaches 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 implementing payroll, purchasing and accounting systems. 

• Thorough local knowledge in accounting control and financial management process.

• Very strong analytical, financial and communication skills. Detailed-oriented and strong organisation.

• Experience working within the United Kingdom.

At the Peninsula London, we look after:

Your financial wellbeing:

• Excellent salary package 

• Generous service charge distributed equitably to all colleagues

• Life Insurance

• Enhanced company contribution on pension plan

Your medical care:

• Medical cash plans including optical and dental coverage

• Enhanced maternity and paternity leave plan

Your daily health routine:

• State of the art heart of house facilities including a gym, fitness classes, relaxation room, contemplation room and nursing mothers’ room

• Colleague restaurant with healthy and balanced 24/7 food offerings

• On-site occupational health and safety nurse and wellbeing education sessions

Other perks:

• High street and online shopping discounts

• Rewards and recognition initiatives

• Dry cleaning for uniforms and work attire

We are delighted to receive your CV and will liaise with suitable candidates directly.