Highgate Hotels

Director of Finance

Requisition Post Information* : Posted Date 4 weeks ago(5/13/2025 6:27 AM)
Job ID
2024-60678
Job Location : Location
PT-Estr. do Olival
Location : Name
Viceroy Algarve at Ombria
Category
Accounting/Finance

Viceroy Hotels

Viceroy Hotels & Resorts inspires travelers with one-of-a-kind authentic lifestyle experiences that bring together provocative design and intuitive service in sought-after locations. A leader in modern luxury, Viceroy’s vibe-led hospitality is guided by the brand promise “Remember to Live,” an affirmation to create lifelong memories for each guest. As an industry leader in creativity and innovation, our hotels draw upon the diverse backgrounds and talent of our extraordinary team for optimal success.

Location

Viceroy Algarve at Ombria

Viceroy Algarve at Ombria  Estr. do Olival, Portugal

Close to Loulé and harmoniously integrated into a sumptuous surrounding landscape, Ombria is home to the 5-star Viceroy Hotel, a SPA, 7 restaurants and a signature golf course offering a unique lifestyle to all who visit it. Our Spa is distinguished by a holistic approach, where love, connection and the deep well-being of customers are at the heart of our mission. Our future 1,800 m2 Spa composed of individual & duo massage cabins, beauty & hairdressing area, a Suite, a thermal area with indoor & outdoor swimming pool, Spa cafe, will allow you to put all your skills into practice and work with local brands and products as well as international brands that respect our values. A setting and an atmosphere in the heart of the Algarve that will allow you to guide our customers towards a moment of reconnection and total relaxation where self-love is our watchword.

Overview

As a member of the Executive Committee, this position provides the financial expertise to champion, develop, and implement property-wide strategies to meet or exceed the expectations of the return on investment to ownership group.  This role will be the primary point of contact for all Finance and Accounting related activities for Ownership and/or Asset Manager and will serve as a liaison between Ownership/Asset Management, VHG Corporate and the General Manager of the resort.  

Responsibilities

  • Provide day to day guidance and support to Accounting and Finance team
  • Develop means to improve profit, including estimating cost and benefit, exploring new business opportunities, etc.
  • Analyze information, forecast sales against expenses and create annual budget plans.
  • Create the annual operating budget for the resort
  • Provide analytical support during budget reviews to identify cost saving and productivity opportunities for property managers.
  • Implement a system of appropriate controls to manage business risks.
  • Ensure a strong accounting and operational control environment to safeguard assets, improve operations and profitability.
  • Lead the development and implementation of a comprehensive annual business plan which is aligned with the company’s and brand’s strategic direction.
  • Produce accurate forecasts that enable operations to react to changes in the business.
  • Utilize interpersonal and communication skills to lead, influence, and encourage others; advocates sound financial/business decision making; demonstrates honesty/integrity; leads by example.
  • Leverage strong functional leadership and communication skills to influence the executive team, the property's strategies and to lead own team.
  • Manage communication with owners in an effective manner.
  • Manage property working capital and cash flow in accordance with VHG brand SOPs and owner requirements.
  • Ensure that P&L’s are accurate (e.g., costs are properly matched to revenue, costs are recorded in the proper accounts).
  • Share financial information and forecasts with departments to enable the team to react to changes in the business.
  • Support and provide mentorship to the team through suitable training and continued advice to help the team achieve their career and hotel goals
  • Knowledge of local Generally Accepted Accounting Principles (local GAAP)/ International Financial Reporting Standards (“IFRS”), VHG Policies, and International Standard Operating Procedures (ISOPs).
  • Business Acumen - Understanding and utilizing business information (e.g., data used in the VHG Balanced Scorecard) to manage everyday operations and generate innovative solutions to approach business and administrative challenges

Qualifications

  • Excellent financial analysis skills; ability to analyze financial data to identify trends and issues, draw conclusions, and make recommendations
  • Ability to work well under pressure and effectively handle multiple, concurrent demands and appropriately prioritize responsibilities
  • Strong problem-solving skills, ability to effectively address issues in collaboration with others; ability to proactively identify and prevent potential problems; ability to help develop analytical skills among direct reports and other team members
  • Team spirit and team builder
  • Guest Service oriented
  • Has a good understanding of the 24 / 7 Hospitality functioning mode and supports all HODs needs together with his / her team
  • Coaching and leading, the building, the promotion and the control of all the financially related SOPs
  • Prior experience working with hotel product types is required
  • Knowledge of SUN accounting software, of Opera (PMS), and Microsoft Excel required
  • Excellent communication and organizational skills
  • Strong interpersonal and problem-solving abilities
  • Prior experience with project management work is a plus
  • Prior management of staff is required

 

 

 

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