Job Summary
The Director of Finance is responsible for safeguarding the financial integrity, stability and performance of COMO Hotels and Resorts. The role ensures the accuracy and integrity of financial reporting, drives financial planning and analysis, strengthens internal controls, oversees treasury and cash flow management, and partners with hotel operations to improve profitability and business performance.
Working closely with Property Financial Controllers/Director of Finance, General Managers and Corporate Leadership, the Director of Finance provides strategic financial guidance and operational support to achieve the Group’s financial objectives. The position acts as a deputy to the Vice President Finance on key financial and operational matters, supports hotel openings and corporate initiatives, and drives finance process improvements to promote consistency, compliance and operational excellence across the Group.
Key Responsibilities:
1. Financial Reporting, Accounting & Consolidation
• Oversee the preparation, review and consolidation of monthly, quarterly and annual financial statements for all properties, subsidiaries and corporate entities.
• Ensure timely and accurate financial reporting in accordance with IFRS, company policies, statutory requirements and regulatory standards.
• Review monthly management accounts, balance sheet reconciliations, journal entries and financial performance reports.
• Analyse financial results and provide meaningful commentary on key business drivers, risks, opportunities and performance trends.
• Prepare executive-level financial reports and presentations for the Vice President Finance, Executive Committee, Board and ownership.
• Ensure proper maintenance, safeguarding and retention of accounting records and financial information.
2. Financial Planning, Budgeting & Forecasting
• Lead the annual budgeting process across all properties and corporate functions.
• Coordinate operating budgets, capital expenditure budgets, long-range plans and rolling forecasts.
• Review monthly forecasts and provide recommendations to improve forecast accuracy and financial performance.
• Conduct financial modelling, scenario analysis and business case evaluations to support strategic decisions.
• Monitor budget performance and ensure timely identification and resolution of material variances.
• Assist the Vice President Finance in preparing consolidated Group operating and capital budgets with commentary and performance reviews.
3. Operational Finance & Business Partnership
• Partner with hotel operations teams to improve financial and operational performance.
• Analyse key hospitality performance indicators including RevPAR, ADR, Occupancy, GOP and EBITDA.
• Support operational decision-making through financial analysis and commercial insights.
• Conduct periodic reviews of property financial performance, operational effectiveness and compliance with Group standards.
• Provide finance expertise, coaching and guidance to hotel finance teams, corporate finance team and department heads.
4. Treasury, Cashflow & Working Capital Management
• Oversee Group cashflow planning, liquidity management and funding requirements.
• Monitor working capital performance and optimise cash utilisation across the portfolio.
• Review property cashflow forecasts and funding needs.
• Ensure timely collection of receivables, including management fees and reimbursable expenses, and effective management of payables.
• Support banking relationships, financing arrangements and covenant compliance.
• Identify financial risks and escalate significant issues to senior management.
5. Internal Controls, Compliance & Governance
• Ensure implementation and consistent application of Group Finance Policies, Standard Operating Procedures and governance standards.
• Maintain robust internal control frameworks to safeguard Group assets and financial integrity.
• Monitor compliance with statutory, regulatory, tax and audit requirements across all jurisdictions.
• Review corporate tax computations and tax filings and coordinate responses to tax authorities.
• Coordinate internal and external audits and ensure timely resolution of audit findings.
• Review and strengthen finance processes, systems and controls to enhance efficiency and mitigate risk.
• Liaise with overseas advisors, agents and auditors to ensure local and overseas statutory compliance.
6. Capital Expenditure, Asset Management & Hotel Openings
• Review and evaluate capital expenditure proposals, investment business cases and asset enhancement projects.
• Ensure compliance with approved capital approval processes and investment policies.
• Monitor capital expenditure against approved budgets.
• Support pre-opening hotels and ensure compliance with Hotel Management Agreements, local regulations, USALI requirements and brand standards.
• Verify that pre-opening requirements are fulfilled, including permits, licences, insurance coverage, bank account set-up, settlement of pre-opening costs and funding of operating accounts.
• Monitor compliance with FF&E reserve and owner-related financial obligations where applicable.
7. Leadership, Team Development & Stakeholder Management
• Lead, coach and develop the corporate finance team and support development of property finance leaders.
• Foster collaboration, accountability, knowledge sharing and continuous improvement.
• Build strong working relationships with operational and corporate stakeholders.
• Promote a positive, high-performance culture with strong colleague engagement.
• Conduct performance reviews, provide constructive feedback and support career development plans.
8. Strategic Projects & Corporate Support
• Lead or participate in finance transformation, systems implementation and process improvement projects.
• Support hotel openings, management agreements, due diligence reviews, ownership reporting and business development initiatives.
• Act as a trusted advisor to the Vice President Finance and operational leadership.
• Serve as delegate to the Vice President Finance during periods of absence.
• Perform any additional duties reasonably assigned by management.
Job Requirements:
Education& Professional Qualifications
• Bachelor’s Degree in Finance, Accounting, Business Administration or related discipline.
• Professional accounting qualification such as CPA, CA, ACCA, CIMA or equivalent preferred.
• CFA qualification would be an advantage.
Experience
• Minimum 10 years of progressive finance experience.
• At least 8 years within hospitality finance, including significant exposure to hotel operations.
• Experience in a multi-property, regional or corporate hospitality finance environment.
• Previous experience as Director of Finance, Cluster Director of Finance, Senior Finance Manager or equivalent leadership role preferred.
• Experience supporting luxury hotel or resort operations is highly desirable.
• Experience managing multi-country entities, statutory compliance and corporate reporting.
Technical Competencies
• Strong knowledge of International Financial Reporting Standards (IFRS); knowledge of USALI preferred.
• Strong expertise in budgeting,forecasting, treasury, internal controls and financial analysis.
• Proficiency in Microsoft Excel,PowerPoint and Word.
• Experience with SunSystems, Workday, Power BI or equivalent finance systems is advantageous.
• Strong analytical, problem-solving and communication skills.
• Ability to manage multiple stakeholders and operate effectively in a fast-paced international environment.
