Maurizio Mennella
Director of Finance & CFO, Donnafugata Golf Resort & Spa
46 years old
Bologna (40137) Italy
Employed
Available
Director of Finance & CFO
Donnafugata Golf Resort & Spa
- The five-star luxury Resort is located in Sicily region which is in the south of Italy near the city of Ragusa, and
- has the following consistencies:
- 202 rooms - SPA with an indoor pool - wel ness & fitness area - meeting centre - outdoor pool - 2 golf
- courses of 18 holes each - 3 restaurants - 3 bars and terraces
- Director of Finance / CFO
- Reporting to: Hotel Director, Board Members, CFO NH Italy, CFO NH Group;
- Direct reporting: 3 pax;
- Reporting standards: Spanish GAAP, Italian GAAP, IFRS
- Standard duties:
- Weekly reports: A/R & A/P Aging, Flash Reports;
- Monthly reports: Cash Flow, P&L, Forecasting, KPI;
- Annual reports: Budget, 5-year Plan, 5-year Capex.
- Main duties:
- Monitor hotels' compliance in meeting required report deadlines and due dates and react
- accordingly.
- Monitor the accurate production of the hotel daily operating report
- Oversees and directs treasury, budgeting, audit, tax, accounting, purchasing, real estate,
- long range forecasting.
- Directs and coordinate in providing assistance with procedures and computer application
- systems necessary to maintain proper records and to afford adequate accounting controls and
- services.
- Works closely with banks and other financial institution.
- Directs and monitors investments activities of the organization.
- Directs and monitors the flow of funds and ensures appropriate risk analysis is performed
- on all capital investment decisions.
- Coordinates all funding and credit processes.
- Coordinates tax reporting programs.
- Analyzes, consolidates, and directs all cost accounting procedures together with other
- statistical and routine reports.
- Extraordinary duties:
- Successfully dealt with a financial restructuring plan (ex art. 67 L.F.) with a pool of banks
Assitant Director of Finance
Hilton Worldwide
- The hotel is five-star luxury property located on Giudecca Island in Venice and has the following
- consistencies:
- 379 rooms - 14 fully serviced meeting and boardrooms - 1 conferences and exhibitions area with capacity to
- host 1-1000 people - 3 restaurants - 3 bars, including a panoramic rooftop bar - wellness centre
Acting as Director of Finance
Hilton Worldwide
- Reporting to: General Manager, Regional Director of Finance, Owner CFO. ;
- Direct reporting: 14 pax
- Reporting standards: US GAAP, Italian GAAP
- Standard duties:
- Weekly reports: A/R & A/P Aging, Flash Reports ;
- Monthly reports: Cash Flow, P&L, Forecasting, KPI ;
- Annual reports: Budget, 5-year Plan, 5-year Capex
- Ensuring compliance with Hilton policies and SOX procedures. ;
- Maintaining an adequate system of internal controls. ;
- Ensuring that local tax matters, including income and other taxes, are adequately handled
- in conjunction with owners. This includes the responsibility for the proper deduction and
- remittance of all payroll taxes.
- Managing cash flow in an efficient manner. ;
- Ensuring compliance with project-capital expenditure policies.
- Ensuring that adequate authorization is obtained prior to committing the hotel to
- expenditure.
- Budgeting- the coordination of annual profit, capital, cash, and any other short-term plan for
- the hotel.
- Short-term forecasting- in conjunction with the General Manager and the Executive Team,
- the preparation of a monthly profit forecast for the next three months of the financial year
- compared to plan and / or previous forecasts with comments and other explanations as
- required.
- Long term forecasting and strategic planning- in conjunction with the General Manager,
- the preparation of long term forecast with appropriate comment and on an annual basis for
- strategic planning purposes.
- Assistant Director of Finance
- Key duties:
- Involved with all hotel-opening procedures. Ensuring that all permits and licenses
- have been obtained.
- Assuring proper management of General Ledger, coordinating and assisting internal/external
- auditing activities, verifies and control accounting analysis in term of profitability.
- Performing regular accounts reconciliations. ;
- Managing, coordinating and controlling of all activities for month- end closing procedures. ;
- Prepare and analyze monthly Income Statement. ;
- Highlight trends, analyzing deviations between actual and rolling forecast and plan and
- previous year.
- Assuring reporting about production performance. ;
- Providing weekly and monthly reports and forecasts to both senior management and Hilton
- Head Office with regards to business performances.
- Developing and monitoring an adequate purchasing procedure to control costs and identify
- cost saving opportunities working closely with management and operational team.
- Ensuring compliance with Hilton policies and SOX procedures.
- Managing staff of thirteen people, in particular for target definition, performance evaluation,
- motivation and compensation, development and discipline.
Assistant Finance Controller
Hilton Worldwide
- Assisting Finance Controller in maintenance of accounting
- records and journals, producing accruals and prepayment
- figures for month end purposes.
- Providing weekly and monthly reports to senior
- management regarding business performance.
- Ensuring compliance with Hilton policies and SOX
- procedures.
- Processing of supplier invoices and matching them with
- the corresponding purchase orders and delivery notes.
- Dealing with supplier statements and queries. ;
- Involved in the daily and weekly bank/cash reconciliation.
- Responsible for checking and processing of UK and
- foreign travel agents' commission claims.
- Food and Beverage controller, insuring to meet the cost of
- sales targets, involved in the month end F&B stock taking
- and F&B inventory adjustments.
- Income Auditor
- Ensuring that all revenues have been posted onto
- Fidelio and balancing Micros with the night audit.
- Reconciling the day-by-day revenue and statistics figures. ;
- Developing spreadsheets for analysis. ;
- Implementing audit controls in all departments to
- ensure the correct financial procedures are followed.
Accountant
Studio Mennella
- Helping qualified accountant to run accountancy business. ;
- Book-keeping for sole trader and professionals. ;
- Processing of invoices for payment.
- Bank and cash reconciliation. ;
- Assisting in maintenance of accounting records. ;
- Compilation of financial reports and VAT returns, according
- to the Italian legislation.
Accountant
Studio Morten
- 19, Circ V. Veneto, 40017, S.G. Persiceto (BO) - Accounts Assistant
- Book-keeping for sole trader and professionals. ;
- Processing of invoices for payment.
- Bank and cash reconciliation. ;
- Assisting in maintenance of accounting records. ;
- Compilation of financial reports and VAT returns.
Compulsory Military Service
Italian Army
- Compulsory Military Service in Military Prison
- Managing the services for vigilance division and the
- activities for prisoner division.
Practice Accountant
Studio Stefàno
- Maintenance of computerized database.
- Processing and filing correspondence. ;
- Helping other members of administrative team. ;
- General office duties.
- financial statements
- Capital Expenditures
- Competitive Analysis
- Accruals
- Bookkeeping
- International Financial Reporting
- Accounts Payable
- Novell Netware
- Oracle
- Microsoft Word
- Navision
- Microsoft PowerPoint
- Microsoft Outlook
- Microsoft Excel
- Front Office
- Prepayments
- Government Legislation
- Profit and Loss Accounts
- Managerial Skills
- proper management
- Accounts Receivable
- Reconciliations
- Audit
- Restaurants
- Business Management
- SAP
- Cash Flows
- Sarbanes-Oxley
- Fidelio
- Taxation
- Forecasting
- US GAAP
- General Ledger
- maintenance of accounting records and journals
- Hyperion
- Internet
- VAT returns
- Account Reconciliations
- French
- Italian
- English
