Regional Director of Finance, Greater China & Mongolia

Key Responsibilities

• Assist with the implementation and adherence to Financial Policies & Procedures on hotel-level.
• Review and assess Hotel Business Plans, 5 Year Plans & Forecasts.
• Monitor and analyze hotel performance.
• Organize and review audits, peer reviews and task-forces.
• Evaluate the performance of the hotel Finance Controller, maintain development and succession plan, engage in leading continuous development of Financial Controllers.
• Maintain good relationship with owning companies / owner representatives.
• Conduct Risk Assessments on a regular basis.
• Deliver / organize Pre-Opening-Support and Opening-Support in a timely manner.
• Provide the Development Support with assessment of feasibility studies and P&L projections. And support the regional strategic expansion by vetting and providing insight into estimations.
• The compliance with Finance Policies & Procedures constantly increases year over year in the Region.
• 100% Segregation of duties matrix is in place in all hotels of the Region. 
• Forecast accuracy constantly increases year over year in the Region.
• Reporting deadlines of the hotels in the Region are met at all times.
• The Management Reporting of all hotels in the Region (except of the hotels for which an exception has been approved) is fully compliant.
• The Business Plans and 5 Year Plans of all hotels in the Region are submitted accurately and in a timely manner (incl. Capital Expenditure Budget).
• The full year forecast is updated by all hotels in the Region on a monthly basis based on the most current business trends.
• A Peer-Review is conducted in every hotel of the Region once a year.
• Required Task Forces are organized, carried out and followed up on in a timely and productive manner (incl. development of appropriate action plans).
• Every Financial Controllers and Assistant Financial Controllers performance is appraised once a year. A development and succession plan is maintained and shared with the Corporate Office as well as the VP Finance of the other regions on a regular basis. 
• Regular trainings for the Accounting & Purchasing team members are carried out in all hotels of the Region.
• Three potential Financial Controller are identified and developed every year.
• The Business Plans, 5 Year Plans and Forecasts of the subsidiaries are submitted accurately and in a timely manner.
• The Financial Statements of the subsidiaries are established in a timely manner and free of any qualified auditor opinions.  
• Pre-Opening-Support and Opening-Support is being organized and delivered in a timely manner.
• Development Support is given in a timely and productive manner.
• Risk Assessments are conducted on a regular basis.
• Assist with the implementation and adherence to Finance Policies & Procedures.
• Ensure all hotels in the Region fully comply with the regulations in their respective Management Agreements and all other applicable agreements (such as the Trademark License, Agreement, the Marketing & Centralized Services Agreement, etc.).
• Investigate and seek approval for Policies & Procedures deviations.
• Safeguard compliance with segregation of duties matrix in the hotels of the Region.
• Ensure continuous enhancement of the existing accounting-related IT Systems in the hotels of the Region (especially the implementation of Navision as the back-office system of choice). Safeguarding of systems and proper implementation of system changes/developments in the hotels of the Region.
• Ensure the Financial Controller in the Region give regular business support to the General Manager, the Executive Team, and the Department Heads.
• Ensure timely and accurate submission of yearly Business Plans and 5 Year Plans by the hotels in the Region (incl. Capital Expenditure Budget).
• Ensure monthly update of the Full Year Forecast based on the most current business trends and/or any other information on hand by all hotels in the Region.
• Ensure timely and accurate submission of the monthly actual results and 10 days sales reports by the hotels in the Region.
• Attend Business Plan Review Meetings. Present the Hotel Business Plans to the Corporate Office together with the Regional Specialists and the Hotel Management Team on a yearly basis. 
• Review and assess the Business Plans, 5 Year Plans and Forecasts of the hotels in the Region. If required discuss appropriate actions with the Hotel Financial Controller. 
• Monitor and analyze the hotel performance on an ongoing basis, follow up with the Hotel Financial Controller and communicate potential findings to the Corporate Office.
• Ensure at least 96% PCI Compliance is met by all hotels in the Region.
• Ensure the monthly Management Reporting is processed in a timely and accurate manner at all times by all hotels in the Region.
• Organization of Task Forces. Ensure Task Forces are carried out in a timely and productive manner and followed up on (incl. development of appropriate action plans).
• Ensure timely and accurate submission of yearly Business Plans, 5 Year Plans and Forecasts for the subsidiaries (incl. Capital Expenditure Budget). Support Regional Specialists with the development and update of Business Plans, 5 Year Plans and Forecasts.
• Ensure proper maintenance of subsidiaries books/accounts (incl. intercompany reconciliation). Ensure statutory compliance of subsidiaries books/accounts.
• Ensure timely, accurate and complete filing of tax-returns for the subsidiaries.
• Ensure timely preparation of the Financial Statements of the subsidiaries. 
• Organization and review of audits, peer reviews and task-forces.
• Appraisal of Financial Controller and Assistant Financial Controller performances.
• Maintain development- and succession-plans.
• Develop three Financial Controller per year.
• Ensure cross-exposures for Financial Controller in the Region.
• Conduct interviews with external candidates for Financial Controller positions in the Region.
• Deliver / organize Pre-Opening-Support and Opening-Support.
• Development Support (assessment of feasibility studies and P&L projections).
• Maintain good relationship with owning companies / owner representatives.
• Support the Regional Specialists and the Hotel Financial Controller in regards to finance-related matters as well as insurance and legal issues.
• Conduct Risk Assessments for the hotels in the Region.
• Creation of ad hoc-reports for the Corporate Office.

Job Requirements

• 5 years experience in the same role. 
• Ability to work and communicate in a multinational environment 
• Ability to work independently, thrive under pressure and/or challenging circumstances and come up with proactive, rational solutions 
• Ability to establish and retain effective working relationships with hotel staff and clients/vendors 
• Ability to identify and delegate tasks effectively 
• Excellent organizational and time management skills 
• Applies a professional, confidential and ethical approach at all times 
• Works in a safe, prudent and organized manner 
• Knowledge of the generally accepted accounting principles, PCI DSS and local regulations and taxation 
• In-depth knowledge of modern and complex principles and practices of hotel accounting and operations 
• Experience in reporting, forecasting and budgeting 
• People Oriented
• Passionate for luxury 
• Entrepreneurial 
• Straightforward 
• Business Acumen
• Sense of responsibility 
• Leader & Team player 
• Analytical thinker 
• Flexible and reliable 
• Tolerant and open minded 
• Works well under pressure 

About Kempinski