Cluster Director of Finance

দ্য ওয়েস্টিন ঢাকা Dhaka

New 3 days, 9 hours ago

Responsibility

  • Develops means to improve profit, including estimating cost and benefit and exploring new business opportunities.
  • Analyzes information, forecasts sales against expenses and creates annual budget plans.
  • Compiles information, analyzes and monitors actual sales against projected sales.
  • Analyzes differences between actual budget wages and forecasted wages for more efficient budget planning.
  • Identifies the underlying principles, reasons, or facts of information by breaking down information or data into separate parts.
  • Thinks creatively and practically to develop, execute and implement new business plans.
  • Creates the annual operating budget for the properties.
  • Provides analytical support during budget reviews to identify cost saving and productivity opportunities for property managers.
  • Leads the development and implementation of a comprehensive annual business plan which is aligned with the company’s and brand’s strategic direction.
  • Produces accurate forecasts that enable operations to react to changes in the business.
  • Collaborates with Operations and Revenue Managers to develop effective revenue management strategies.
  • Utilizes interpersonal and communication skills to lead, influence, and encourage others; advocates sound financial/business decision making; demonstrates honesty/integrity; leads by example.
  • Communicates the strategic goals, the focus and the owner priorities to subordinates in a clear and precise manner.
  • Oversees internal, external and regulatory audit processes.
  • Provides on going analytical support by monitoring the operating department’s actual and projected sales.
  • Uses financial expertise and analytical models to evaluate mix of transient and group revenue.
  • Demonstrates a commitment to meeting the needs of all key stakeholders.
  • Understands and meeting the needs of key stakeholders (owners, corporate, guests, etc.).
  • Advises the GM and executive committee on existing and evolving operating/financial issues.
  • Demonstrates an understanding of cash flow and owner priorities.
  • Manages property working capital and cash flow in accordance with brand SOPs and owner requirements.
  • Understands the owners' perspective and ROI expectations.
  • Attends meetings and communicating with the owners, understanding the priorities and strategic focus.
  • Ensures Profits and Losses are documented accurately.
  • Monitors all taxes that apply, ensuring that taxes are current, collected and/or accrued.
  • Submits reports in a timely manner, ensuring delivery deadlines.
  • Improves profit growth in operating departments.
  • Coaches management team to ensure revenue goals are met and opportunities are identified and addressed.
  • Achieves and exceeds goals including performance goals, budget goals, team goals, etc.
  • Sets aggressive goals that will drive the cluster's financial performance.
  • Provides pricing and inventory recommendations that increase market share and attain revenue growth and profit goals.
  • Champions the use of technology to create operational efficiency.
  • Reconciles balance sheet to ensure account balances are supported by appropriate documentation in accordance with SOPs.
  • Identifies key projects and manages associated Capital Expenditure funds for implementation of brand initiatives, product improvement and increased revenue potential.
  • Qualifications

  • Master of Business Administration (MBA) in Finance, Accounting
  • Experience Requirement

  • 3 to 5 year(s)
  • Experience Requirement

  • Mobile bill, Medical allowance, Performance bonus, Insurance
  • Lunch Facilities: Full Subsidize
  • Employment Status

    Full Time

    Job Type

    Experienced

    No. of Vacancy

    1

    Expired At

    Dec. 31, 2019, midnight