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Director of Finance - Dolce Versailles

Location: 

Jouy-en-josas, FR

Property Name:  Dolce Versailles
Req Id:  20463

Dolce by Wyndham Versailles is looking for a Director of Finance.  This is an exciting opportunity for a seasoned leader to join the pre-opening team of this exceptional venue, ready to open its doors for the first time in Q1 2023.

THE HOTEL

The Dolce by Wyndham Versailles, managed by Wyndham Hotels & Resorts, is located in Domaine de Montcel, in the vicinity of the Versailles Palace. With 15 meeting and reception rooms, 178 guest rooms, suites, and apartments, 2 restaurants, a bar, a stylish spa and an outstanding park of more than 14 hectares, Dolce by Wyndham Versailles will offer the subtle balance between authentic French elegance and contemporary comfort.

Job Summary

The Director of Finance is responsible for the hotel’s financial performance and all ongoing practices in relation to the finance function. She/he will combine strategic thought and planning with the ability to maintain accurate accounts and reports, and real time data which will enhance the growth and profitability of the hotel.

She/he will demonstrate strong leadership and have high level of influence over decisions made within the hotel. She/he will be the keeper of all financial performance indicators and will be required not only to manage and deliver these, but also to strategize to deliver enhanced performance and process efficiency. All decisions regarding expenditure or performance within the hotel will require input from the incumbent.

This individual will work closely with the hotel General Manager, Executive Team, Heads of Department and representatives of Wyndham Hotels and Resorts and Owning Company to maximize return on investment by defining a strategic financial plan for the hotel which is aligned with the overall business plan for the property and will deliver commercial business objectives and financial targets.

KEY RESPONSIBILITIES

  • Financial strategic planning: To create, document and deliver a financial strategic plan for the hotel which will facilitate the achievement of the overall business plan and commercial goals of the property. This will include budgeting and forecasting the requirements of the other hotel departments to deliver return on investment.
  • Processes, policies, and procedures: To define, initiate and implement suitable policies and procedures required to facilitate the financial operation of the hotel including purchasing, payroll, accounts payable and receivable, inventory, credit control and preferred supplier agreements and negotiation. The processes will be effective in allowing the property to deliver its objectives, operational goals, and legal obligations. This extends to ensuring that all members of the team are aware and able to utilize these tools as necessary.
  • Accounting, reporting and cash flow: To maintain tight control of the P&L balance sheet reconciliation and analyses the data in order to identify any problems or areas for improvement. This will include the generation of regular monthly reports or ad-hoc reports as required. This extends to cash flow statements, management of receivables and payables and reporting anomalies and forecasting issues to the GM for resolution.
  • Compliance: The incumbent will ensure that the hotel is in full compliance with all required financial regulations in accordance to local law and with the terms and conditions of the management agreement with Wyndham Hotel Group. She/he will also ensure that the hotel is compliant with all contractual obligations and regulatory contracts and that these are appropriately maintained and documented.
  • Managing resources and cost efficiencies: To plan and promote the most effective use of resources to ensure cost effective and best practice solutions are delivered throughout the  business, including supplier selection, systems, expense reports, inventory and generally be alert to driving the lowest level of wastage, the appropriate level of quality and highest level of economy possible for the smooth running of the operation.
  • Leadership of Finance Team: To ensure that the Finance team including Purchasing and IT are lead in a manner that breeds teamwork. The Director of Finance is responsible for the full HR cycle for their team in conjunction with the HR department ranging from hiring, onboarding, continuous training and development, regular team meetings, regular one to one meetings, appraisals, development plans, managing employee relations and driving departmental team member engagement.

 

THE PERSON

Alongside the professional competencies outlined below, the successful candidate will demonstrate the fundamentals of Wyndham Hotels & Resorts’ Count on Me! Service Culture to Be Responsive, Be Respectful and Deliver a Great Experience. This will form the cornerstone of their approach as they carry out all tasks with the Count on Me! Building Blocks in mind: Compassionate, Engaged, Dependable, Courteous, Engaged, Inclusive, Hospitable, Prepared and Personalised.

Key Competencies

  • Business Acumen 
  • Building Trust
  • Communication 
  • Driving Results
  • Leadership effectiveness
  • Innovation
  • Diversity & Inclusion 

Background & Skills

  • A recognized accounting qualification or a graduate degree in a finance discipline
  • Minimum 4-6 years’ experience as the functional leader within a hotel
  • Experience of managing people / effective leadership
  • Four / Five star internationally managed hotel experience is desired
  • Competency in the use of accounting programmes
  • Highest level of numeracy and literacy
  • Fluency in French and English is essential
  • A strong sense of commerciality and financial acumen
  • Previous experience as the opening Finance leader of a hotel would be a significant advantage

COMPANY OVERVIEW:
Wyndham Hotels & Resorts is the largest hotel franchisor in the world and a leading hotel management company.  We stand 22 brands strong across 9,000 hotels in more than 95 countries, and we offer the most diverse collection of hotel experiences in the world.  Our iconic brands, united by the richest and simplest rewards program in the business, make hotel travel possible for all.

Our hotel owners are the stewards of our brands, and together, we champion everyday travelers.  We believe guests deserve great experiences, and our robust portfolio—distinguished by our leading economy and midscale brands—delivers just that.

We are AmericInn® by Wyndham, Baymont® by Wyndham, Days Inn® by Wyndham, Dazzler® by Wyndham, Dolce Hotels and Resorts® by Wyndham, Esplendor® Boutique Hotels by Wyndham, Hawthorn Suites by Wyndham®, Howard Johnson® by Wyndham, La Quinta® Inns & Suites, Microtel  by Wyndham®, Ramada Encore by Wyndham, Ramada Worldwide® by Wyndham, Registry Collection Hotels, Super 8® by Wyndham, The Trademark Collection® by Wyndham, Travelodge® by Wyndham, TRYP by Wyndham®, Wingate by Wyndham®, Wyndham Alltra, Wyndham Garden®, Wyndham Grand® and Wyndham Hotels and Resorts®.

Headquartered in Parsippany, N.J. with offices around the globe in London, Shanghai, Buenos Aires, Dubai and more, Wyndham Hotels & Resorts employs approximately 9,000 team members worldwide.

Job Location: Dolce Versailles, 3, Rue de la Manufacture des Toiles de Jouy, Jouy-en-Josas, N/A  78350
Employment Status: Full-time

Employment Disclaimer

In some locations around the world, Wyndham Hotels & Resorts manages hotel properties on behalf of a third party owner. At many of those properties, the Hotel owner is the actual employer, and Wyndham Hotels & Resorts performs recruiting and hiring functions on behalf of the owner. I understand and agree that, by applying through this site, I may be applying for a position with a company other than Wyndham Hotels & Resorts where Wyndham Hotels & Resorts is serving only as the recruiter and will not be my actual employer.

What we expect from you

• Bring your best every day

• Put our guests first

• Strive to exceed expectations in all you do

What you can expect from us

• Best-in-class training and career development

• Supportive and engaged team

• Fast paced fun environment

About Wyndham

Wyndham Hotels & Resorts is the champion of the everyday traveler. Through the largest and widest collection of hotel experiences in the world, we work to make hotel travel possible for all. Wherever and however people travel, Wyndham will be there to welcome them.