Director of Finance
The Hoxton - Madrid
Company Description
We are seeking an experienced Director of Finance for The Hoxton, Madrid.
The Hoxton is coming to Madrid, a vibrant city of historic streets, buzzing plazas, creative energy, and a lively food scene. Located centrally on Plaza de Santa Ana, the hotel will feature 192 guest-rooms across five classic Hox categories, an open-plan lobby with all-day coffee, rooftop bar Cayo Coco for sundown cocktails, authentic Italian restaurant Bambini Club, and The Apartment - The Hoxton’s signature meeting and event space.
More about us…
The Hoxton is a series of open-house hotels, each in a neighbourhood that we love. Ever since we opened our first hotel in Shoreditch, we’ve never just been about offering a bed for the night. We want to be more than that: proving style doesn’t need to be sacrificed for good value and providing a place where guests can hang out alongside the locals and submerse themselves in the neighbourhood with vibrant, welcoming public spaces
What’s in it for you…
- The opportunity to work with an exciting new hospitality concept in Madrid and have a real impact on its success.
- Join an innovative, fast-growing, international group that’s committed to not just building new hotels but building a global brand.
- The chance to challenge the norm and work in an environment that is both creative and rewarding.
- Become part of a team that’s very passionate about creating great hospitality experiences and building a portfolio of brands.
- Great discounts across the entire Ennismore family (which you get to keep even if you decide to leave us!).
- A competitive package and plenty of opportunity for development.
Job Description
What you’ll do…
- Ensure strong financial management within a robust control environment.
- Have ultimate responsibility for accurate accounting records and provide financial reports for the hotel. The hotel is operated on a self-accounting basis and includes statutory accounts.
- Manage the finance relationship with operations and finance at hotel and head office ensuring that an excellent service is provided through quality input.
- Manage the relevant elements of our owner relationship.
- Lead all elements related to balance sheets, P&L, cash management, capital, amongst others.
- Provide focused, innovative and value-adding management reporting and analysis.
- Deliver high quality management information and performance measurement that is accurate and relevant.
- Ensure reporting that incorporates benchmarking, identification and measurement of key performance indicators and use of balanced scorecard.
- Optimise and develop systems to improve efficiency and information.
- Ensure training takes place for users; challenge processes to eliminate non-value adding tasks.
- Work with colleagues to ensure that errors are corrected at source and processes amended as required, eliminating rather than correcting errors.
- Lead the planning and forecasting process for The Hoxton, Madrid and ensure that financial plans are consistent with the strategic objectives.
- Pro-actively support the General Manager and lead the finance team in hotel strategic planning, focussing on value opportunities.
- Manage the formulation, review and approval process for budgeting within the hotel.
- Lead, develop and inspire a high-quality finance team.
- Actively plan for succession to develop and replace individuals effectively.
- Develop effectiveness of the finance function through continuous training and development of the team. Lead and motivate the team to high levels of performance.
Qualifications
What we’re looking for…
- Individuals. You’re looking for a place where you can be you; no clones in suits here.
- Passion for hospitality – whether that’s a drink, a meal, an event or a bed for the night.
- You’re all about having a positive impact on the people you interact with, leaving them with a memorable experience.
- You’re not precious. We leave our egos at the door and help get things done.
- You’re up for doing things differently and trying (almost) everything once.
- If we got stuck in a lift together, we’d have a good time and share a few laughs.
- You want to be part of a team that works hard, supports each other, and has fun along the way.
- 5 plus years of hotel finance experience, ideally already in a Finance Manager/Director of Finance role.
- Strong knowledge and experience of operating requirements from a financial and legal perspective on Spanish financial requirements.
- Technical skill, with a strong understanding of compliance requirements, best practice hotel operations, finance function set up and standard systems.
- A balance between a methodical and process-driven approach and flexibility and creativity when it comes to meeting deadlines and finding solutions.
- A qualified accountant would be an advantage.