Cluster Director of Finance

1 week ago

Hà Nội, Vietnam Hilton Full time

Cluster Director of Finance - Tru by Hilton Hanoi Station

Position Purpose

As the Cluster Director of Finance, you will report directly to the Cluster General Manager and also maintain a professional relationship with the Regional Finance Director to uphold high standards. You will be responsible for the safekeeping and updating of all leases and contracts that impact the hotel’s financial status.

In this role, you will implement best practice financial accounting processes within a robust control environment. You will oversee the overall management of the hotel’s accounting records and financial reports, ensuring they comply with company policies, owner expectations, statutory requirements, and fiscal deadlines.

Duties & Key Responsibilities

**Behavioral Competencies**
- Ensure the balance sheet accurately reflects the assets and liabilities of the hotels within the cluster. Regularly review and reconcile all accounts.
- Ensure adherence to the Management agreement with Hilton International and any Owner/Lease agreements.
- Maintain a robust system of internal controls to effectively manage the hotels’ assets, liabilities, revenue, and costs, ensuring compliance with company policies.
- Oversee the hotels’ assets, liabilities, income, and expenditure on behalf of both the Operator and Owner, providing leadership and accountability for the financial performance of the hotels within the cluster.
- Ensure legal and tax compliance, maintain adequate insurance coverage, and manage the pension scheme where applicable, ensuring proper accounting, actuarial, and legal controls.

**Technical Competencies**
- Enhance the use of IT within the finance department to improve efficiency and information flow.
- Collaborate with the ISM to ensure proper use and maintenance of financial systems, including security and backup procedures.
- Continuously develop financial systems to ensure high levels of management reporting, processing, and staffing efficiency, thereby maximizing return on investment.
- Proficient in SUN, Opera PMS, Agilysys, BirchStreet and Cadena.

**Problem-Solving**
- Report directly to the Cluster General Manager and the Regional Finance Director, maintaining professional standards.
- Safeguard and update all leases and contracts affecting the financial status of the hotels within the cluster.
- Develop and continuously review best practice financial accounting and control procedures to maximize impact and efficiency.

**Financial Acumen**
- Provide the highest standards of financial and commercial support to the business.
- Offer financial and commercial advice to the Cluster General Manager and the hotel teams within the cluster, including interpreting financial data.
- Review management information for the hotels within the cluster and propose value-added initiatives to the Cluster General Manager.
- Provide financial and commercial expertise to support business development initiatives, major pricing decisions, and other commercial decision-making.
- Lead by example by operating an efficient and cost-effective Finance department.

**Requirements**:

- Proven experience as a Cluster DOF or in a senior leadership role within the hospitality industry, with a track record of driving operational success.
- Previous experience in a hotel accounting role within the hospitality industry is preferred.
- Strong financial acumen, with experience in budgeting, forecasting, and cost control.
- In-depth knowledge of hotel operations, including front office, housekeeping, food and beverage, and engineering.
- Strong leadership and team management skills, with the ability to drive performance and inspire high levels of team member engagement.
- Excellent communication and interpersonal skills, with the ability to manage relationships with owners, stakeholders, and staff.
- Proficiency in English and Vietnamese; additional languages are a plus.

**Qualifications**:
A degree graduate and professional accounting qualification.

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