QUALIFICATIONS AND JOB DESCRIPTION
Duties and Responsibilities
To direct, manage and support the development, implementation, maintenance and administration of all financial controls and accounting procedures, based upon a maximization of internal control techniques consistent with MOHG established policy and generally accepted accounting principles, as adapted to any local legal requirements.
To be actively involved in the search for opportunities to improve the profitability of the hotel and encourage the preparation of exception reports and analyses to help meet and measure the success of this objective.
To assist in organizing an efficient treasury function to provide proper management of the hotel’s working capital and cash flow in accordance with MOHG minimum guidelines. Also, to ensure excessive investment is not made in receivables or inventories and that sufficient liquidity is maintained to meet the hotel’s obligations.
To review and critique project capital expenditure reports to ensure that both the General Manager and MOHG are provided with complete and accurate information.
To assist with the responsibility for the efficient operation and maintenance of the hotel’s computerized data processing function within the MOHG established guidelines.
To ensure all financial reports, budgets, forecasts and other information required by MOHG are accurately compiled and submitted within the specified time limits, identifying variances and making recommendations for improvements as appropriate.
To personally review forecasts and budgets prepared by hotel management to ensure the Director of Finance is provided with guidelines of performance that are both reasonable and achievable.
To assist in ensuring that all legal, treasury, statutory and tax documentation is properly maintained and secured and that all statutory and fiscal reporting requirements are satisfied, which will include any governmental requirement for permits and licenses.
To assist in ensuring that adequate controls are installed and maintained for the protection of the hotel’s assets against loss or misappropriation.
To assist in ensuring that adequate insurance coverage is maintained to protect the assets of the hotel.
Assume full responsibility for the proper control of all cash funds and other assets for subordinates
To establish a comprehensive credit and collection policy for the hotel based on good industry practice and within the guidelines provided by MOHG.
A conclusive prior experience as Assistant Director of Finance (or equivalent) in a Five Star Luxury property
An experience with the accounting principles managing a stand-alone property with full accounting independence
An extensive knowledge of statutory and tax requirements within the IFRS framework
Knowledge of the financial tools used by MOHG, specifically Sun accounting system, Hyperion forecasting/budgeting system and HFM reporting system
A Finance degree
Excellent communication skills spoken and written both in Turkish & English