Commercial Finance Manager

Job description

WELCOME TO A WORLD OF OPPORTUNITIES AT THE WORLD'S #1 BEST WORKPLACE, AWARDED BY GREAT PLACE TO WORK & FORTUNE. - No two days or two hotels are the same, but our spirit and passion for hospitality always brings all our teams together to create a culture of inclusiveness, positivity and drive to achieve our common goal. “To share the light and warmth of hospitality”. With amazing training, resources and support from both managers and colleagues, there is always an opportunity to develop and grow.

A WORLD OF REWARDS

• Yearly Salary of up to £56,000
• Grow your Career
• Personal Development programmes designed to support you at every step of your career
• A chance to make a difference through our Corporate Responsibility programmes – Find out what and how we are doing (https://cr.hilton.com)
• Team Member Travel Program: discounted hotel nights plus 50% off Food and Beverages (subject to individual outlets)
• Team Member Referral Program
• High street discounts: with Perks at Work
• Holiday: 28 daysincluding bank holidays (increasing yearly to up to 33 days)
• Modern and inclusive Team Member’s areas

The Commercial Finance Manager is accountable for their portfolio of hotels in respect of understanding and driving financial performance and ensuring challenge and insight across the portfolio. The role has accountability for developing excellent working relationships across a broad range of internal and external stakeholders, including within Operations Finance, Hotel Operations, Commercial VPs, Central Functional leadership, Leaseholders, Owners and Asset Managers and the broader commercial finance team. 

They will have responsibility for identifying emerging risks and opportunities, providing robust and appropriate financial advice on commercial activities and making suitable recommendations to drive value.

The Commercial Finance Manager will also support the Commercial Finance Director as the Operations Finance interface to leaseholders and owners and will be tasked with presenting consistent and effective information to support their requirements and maximise returns. 

The role will work closely with the FP&A team to challenge and provide insight on performance. The Commercial Finance Manager will use this analysis to build action plans to maximize profitability for hotels. 

The role holder must be comfortable influencing at Senior level and combine the ability to think strategically with a positive hands-on attitude. Key stakeholders will include FP&A team, UK&I Hotel Exec Leadership, Hotel Commercial Leadership, Hotel General Managers, Owners, Asset Managers, Corporate Functional Leads.

The role will also be responsible for driving a high performing team culture.

What will I be doing?

• Assist Commercial Finance Director in their role as internal asset manager for Hilton and lead Operations Finance to drive performance and maximise profitability.
• Partner with the FP&A team to ensure that forecasts are robust and challenge the Hotels performance.
• Use variance analysis provided by FP&A team to explain commercial reason for variances and develop & implement action plans to improve negative variances.
• Partner with Central Corporate Functions to identify areas of opportunity to increase revenues or reduce costs across the estate.
• Manage development of commercial finance analysis (value chain analysis, financial modelling, opportunity assessment, return on investment analysis, cash flow analysis and other financial tools) to develop recommendation to business leads and strategy assessments to support decision making.
• Review, provide input, approve and present completed analyses that require expert knowledge of financial models and application of strategic and operational measures to assess economic and commercial viability of proposed business decisions.
• Communicate and interpret findings across brand, distribution channel and economic trends based on financial analysis that provides additional perspectives on implications, risk, opportunity and trends.
• Partner with Corporate Functions to identify commercial opportunities for the Hotel estate (cost savings; revenue initiatives; working capital improvements).
• Serve as a business partner and financial advisor to hotel management and ownership, area management and corporate
• offices.
• Assist and advise team heads in the interpretation and analysis of financial data, recommending courses of action to maximize
• hotel profitability.
• Ensure hotels are in compliance with Corporate Policies (SPI’s) and governmental rules and regulations. Report irregularities
• and non-compliant situations to General Manager and VP Hotel Operational Finance as required by corporate guidelines.
• Ensure that the best interest of the hotels, HHC and owners are protected.
• Strong communication and negotiation skills (all levels of management and external customers).

What are we looking for? 

• 3+ years relevant and progressive work experience in Accounting or Finance.
• Ability to analyze large volume of complex financial information from many sources and create reports, forecasts, and projections.
• Strong problem solving skills, including ability to effectively address any issue in collaboration with others as appropriate; ability to proactively identify and prevent potential problems; ability to help develop problem solving skills among direct reports and other team members as appropriate.
• Ability to take initiative to identify, prioritize and implement all elements required for team to fulfill responsibilities.
• Detail oriented and organized.
• Ability to develop presentations and effectively present to all levels of company, hotels & owners.
• Strong communication and negotiation skills (all levels of management and external customers).
• Proficient in MS Excel, Word and Outlook with the ability to quickly learn new programs when required. 

EVERY JOB MAKES THE STAY.

At Hilton, It Matters Where You Stay, but The Stay is only one side of the story.

We know it takes hundreds of jobs to create unforgettable experiences for our guests – and behind every job, there’s an extraordinary person working to make each Stay magical.  That’s why at Hilton, Every Job Makes the Stay.

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