DIRECTOR OF FINANCE

Mandarin Oriental Punta Negra, Mallorca is looking for a Director of Finance to join our Finance team.

Are you a master of craft? Do you thrive in a team that succeeds together, demonstrating integrity and respect while acting responsibly? Do you embrace a growth mindset? We invite you to become a fan of the exceptional. 

Mandarin Oriental Hotel Group is the award-winning owner and operator of some of the most luxurious hotels, resorts and residences located in prime destinations around the world, with a strong development pipeline. Increasingly recognised for creating some of the world’s most sought-after properties, the Group provides legendary service inspired by Asian heritage whilst representing the very cutting-edge of luxury experiences.

Set against the stunning backdrop of Puerto Portals, Mandarin Oriental Punta Negra pulses with the vibrant spirit of Mallorca. Here, subtle and emotional luxury seamlessly blend with the island’s natural beauty and energy, offering a place where inspiration flows effortlessly. Celebrate the essence of Mallorca through bespoke experiences, dynamic culinary journeys, and rejuvenating wellness - each designed to immerse you in the island’s vibrant atmosphere and extraordinary offerings.

About the job

Based at Mandarin Oriental Punta Negra, Mallorca, as the Director of Finance, you will provide leadership and guidance in all matters relating to the financial operation of the hotel. You will develop and deliver accurate and timely financial reports to assist management decision making process and maintain internal control procedures designed to safeguard owners/investors assets and ensure compliance with the country and local regulations. During the pre-opening phase, you will be responsible for drafting and assembling the pre-opening budget, drive the Finance divisional critical path including recruitment of the Finance team, process structuring and MO standards compliance. 

As Director of Finance, you will be responsible for the following duties:

• 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 the Hotel and the company.
• 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 manage/oversee the accounting department to ensure optimal efficiency of financial operations and adherence to the Hotel commitments to management contracts.
• To supervise preparation all financial reports, ledger reviews and forecasts according to the established schedule, for distribution of operational information necessary to assist management in decision-making and budget preparation processes.
• To monitor revenues/expenses and ensure accurate recording of information to the Hotel established guidelines.
• To establish and oversee /audits all internal financial controls to include purchasing, cash handling, receipts, disbursements, expendable/fixed asset inventories, payroll and employee records to ensure policies are enforced according to the Hotel standards and local law.
• To assist management in the capital planning process by providing appropriate ROI information as well as coordinate the development of the Annual Budget and Monthly Forecasts.

As Director of Fianance, we expect from you:

Experience and education

• Extensive Financial Controller Experience in Hospitality Accounting operations, a portion of which ideally in the luxury sector.
• Proven experience in managing financial operations, including budgeting, forecasting, financial reporting, and analysis.
• Bachelor's degree in Finance, Accounting, Business Administration, or a related field.
• Master’s degree in Finance, Accounting, or an MBA is preferred.
• Continuing education in financial management, accounting principles, and industry best practices is an advantage.

Technical Skills

• Strong knowledge of financial regulations, compliance, and internal controls.
• Ability to develop and implement financial strategies that align with overall business goals.
• Excellent leadership skills, with experience in managing and mentoring a financial team.
• Effective management, leadership, organizational and communications skills.
• Ability and proven experience to generate all financial reports, including profit & loss statement, income statement, etc.
• Ability to assemble, analyse, understand integrated spread sheets and complex technical information.
• Excellent communication skills both written and spoken in English and Spanish as well as strong presentation skills.
• Prioritisation skills necessary to meet deadlines.
• Advanced proficiency in Excel and proficiency in systems such as Opera, Sun, Delphi, Hyperion and Micros System preferred.

Our commitment to you

• Learning & Development. Your success is our success. We craft unique learning and development programmes for various stages in your career so that you grow, continuously.
• MOstay. When you work as hard as our colleagues do, it’s important to take time off. As a member of the #MOfamily, you can stay with us wherever you go in the world. The MOstay programme offers complimentary nights and additionally attractive rates on rooms for you and your loved ones.
• Heath & Colleague Wellness. Finding the right work-life balance is important. Your wellbeing matters to us. A variety of health benefits and wellness programmes are offered to all our colleagues, globally.
• Retirement Plans. When you show commitment to us, we reciprocate. We offer different retirement plans depending on the length of your service and your role.

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