Director of Finance - Prague

About Four Seasons:

Four Seasons is powered by our people. We are a collective of individuals who crave to become better, to push ourselves to new heights and to treat each other as we wish to be treated in return. Our team members around the world create amazing experiences for our guests, residents, and partners through a commitment to luxury with genuine heart. We know that the best way to enable our people to deliver these exceptional guest experiences is through a world-class employee experience and company culture.         

At Four Seasons, we believe in recognizing a familiar face, welcoming a new one and treating everyone we meet the way we would want to be treated ourselves. Whether you work with us, stay with us, live with us or discover with us, we believe our purpose is to create impressions that will stay with you for a lifetime. It comes from our belief that life is richer when we truly connect to the people and the world around us.

About the location:

There’s a certain magic in the air here that flows effortlessly through Old Town Square, onto Charles Bridge, over the Vltava and all the way up the tallest spires of Prague Castle – and that’s just what you can see from Four Seasons Hotel Prague. Centuries of wonder fill our walls, letting you trace the history of the city from the Baroque era to the neoclassical to modern day. Four Seasons Hotel Prague has a unique location, consists of three historical buildings connected to a new construction, has 157 rooms including 19 suites.

About the role

Responsible for safeguarding the hotel assets and financial resources to ensure that all are utilized to maximize hotel profitability.  Provide timely and accurate financial information and counsel to hotel senior management and ensure that the hotel operates within all related local and corporate policies and procedures and under the terms of the Management Agreement.

This role is part of the Leadership team, oversees Finance, Purchasing and IT, reporting to the General Manager and with a dotted line to Senior Vice President/Vice President, Operations Finance.

What you will do

• Continuously deliver the highest level of product with respect to financial reporting and analysis, internal control compliance and business management.  Ensure this is done with both integrity and accuracy.

• Ensure that bank accounts are opened in consultation with owners with a bank of strong financial standing and if local rating services are available, they should be utilized for verification of financial strength.

• Ensure all bank transfers are done according to Four Seasons policy.

• Ensure the preparation of a comprehensive monthly report of the entire financial results of the hotel in established corporate formats and in accordance with generally accepted accounting principles.

• Effectively advocate Finance Department programs and policies to Planning Committee, Department Heads and employee groups.

• Monitor the status of Accounts Receivable aging and billing collections to achieve company standards.

• Maintain files on all contracts, leases and agreements and ensure compliance with their requirements; ensure proper authorization has been obtained for all hotel specific contracts (including Engineering), leases and other agreements and competitive bids are on file where applicable and reviewed prior to execution of contract.

• As applicable, ensure compliance with all loan covenants and the balance of long-term debt is accurate and agrees to all supporting documentation and verified when payments are made.

• As appropriate, based on the hotel's accounting on behalf of owners, interest accruals on long-term debt may be recorded on the hotel's books; the Director of Finance should ensure accuracy of the unpaid balance and applicable interest rate, and accrue the expense to the Interest Expense line item and record the corresponding liability in the Accrued Interest liability account.

• Ensure that monthly reconciliations for all balance sheet accounts are prepared and signed off on in accordance with policy.

• Review and sign off on all bank reconciliations monthly, paying special attention to reconciling items.

• Continuously strive for improvement of processes and efficiency.

What you bring

• Proven leadership skills in a hotel/resort environment.

• Highest level of integrity and transparency.

• Strong interpersonal and relationship-building skills to work with cross-functional teams, to negotiate for resources and influence stakeholders and to gain acceptance of and commitment to plans, ideas, initiatives, etc.

• Excellent written and verbal communication skills to prepare and deliver reports, effective presentations and to facilitate meetings.

• Promote a continuous learning environment that creates an atmosphere for professional development opportunities.

• Apply an ethical approach to influence the outcome of situations.

• Serve as a role model for others by demonstrating appropriate business conduct and ethical principles.

• Continuously seek to improve/develop the performance of others and continuously strive to improve his/her own performance.

• Work in a safe, prudent and organized manner.

 
What we offer: 
•    Competitive Salary, wages, and a comprehensive benefits package
•    Excellent Training and Development opportunities
•    Complimentary Accommodation at other Four Seasons Hotels and Resort
•    Complimentary Dry Cleaning for Employee Uniforms
•    Complimentary Employee Meals

This job requires applicants to have current work authorization in the country of Czech Republic