Assistant Director of Finance - job 2 of 4

The Assistant Director of Finance at Mondrian Gold Coast is tasked with supporting the Director of Finance in financial planning and reporting processes including budgeting, forecasting, month-end reporting, and ensuring compliance with financial regulations. Key responsibilities also include assisting in the design of financial systems during the pre-opening phase, mentoring finance team members, and collaborating with department leaders for financial insights.

Candidates for the Assistant Director of Finance role at Mondrian Gold Coast should have a Bachelor's degree in Finance, Accounting, or a related field. Having CPA or CA qualifications is highly regarded. Additionally, proven experience in a senior finance role within a luxury hospitality environment is essential, along with a strong understanding of financial reporting, systems, and operational processes.

During the pre-opening phase at Mondrian Gold Coast, the Assistant Director of Finance plays a crucial role in establishing financial policies, setting up systems, and implementing internal control frameworks. This strategic involvement ensures a smooth transition to operational readiness by having all financial aspects tightly knit and prepared for Day One.

Success as the Assistant Director of Finance at Mondrian Gold Coast depends on exceptional attention to detail, strong analytical skills, and the ability to collaborate and communicate effectively with diverse teams. Additionally, leadership capabilities and the capacity to thrive in a fast-paced environment are crucial to navigating the unique challenges of the hospitality industry.

The Assistant Director of Finance at Mondrian Gold Coast reports directly to the Director of Finance. This relationship is pivotal as they work together to ensure the hotel's financial performance aligns with broader business goals through strategic planning and oversight.

When addressing your experience in financial planning and analysis for the hospitality sector, be specific about the types of reports you've overseen, the budgets you've managed, and how your contributions positively impacted financial performance. Use quantifiable examples to enhance your story.

To effectively answer this question, discuss specific compliance frameworks you’ve previously implemented, your familiarity with relevant legislation, and procedures you're familiar with for monitoring adherence to these regulations in the hospitality context.

In your response, emphasize your approach to mentorship, such as providing constructive feedback, tailored training programs, and periodic evaluations. Share examples of successful team development initiatives that you have led or participated in.

Address this question by explaining your systematic approach to identifying and resolving discrepancies. You might consider discussing your methods for conducting audits, utilizing various software tools, and ensuring accurate reconciliations.

Mention specific financial software you’ve used and how it aids in improving efficiency and accuracy. Be prepared to discuss how these tools relate to reporting, forecasting, or budgeting processes.

Share a specific instance where your financial insights influenced another department’s strategy, leading to improved outcomes. Highlight the importance of cross-functional teamwork and how it contributes to overall success in hospitality finance.

Outline your strategy for establishing realistic and attainable financial goals. Talk about conducting market research, assessing financial risks, and utilizing historical data to inform your decision-making process for new openings.

Discuss your previous experiences with internal and external audits. Describe your role, how you prepare for audits, and ways you've successfully responded to auditors' inquiries to ensure smooth audit processes.

Explain your strategies for staying informed about financial regulations. This could include subscribing to industry-related publications, joining relevant professional organizations, or attending workshops, ensuring ongoing development.

Use this question to highlight the importance of data analysis in financial strategy. Share specific examples of data-driven decisions you've made and how analysis led to effective outcomes historically.