Director of Finance - Asia

The Director of Finance - Asia is a key member of the Executive management team and will have primary day-to-day responsibility for planning, implementing, managing and controlling all financial-related activities of the company. This will include direct responsibility for accounting, finance, forecasting, strategic planning, and tactical matters as they relate to budget management, cost benefit analysis, and the securing of new funds.

Job Descriptions:

• Provides leadership in the development for the continuous evaluation of short and long-term strategic financial objectives.
• Ensure credibility of Finance department by providing timely and accurate analysis of budgets, financial trends and forecasts.
• Direct and oversee all aspects of the Finance & Accounting functions of the organization.
• Work with the General Manager/Director of Operations on the strategic vision.
• Evaluates and advises on the impact of long-range planning, introduction of new programs, strategies and regulatory action.
• Establish and maintain strong relationships with senior executives so as to identify their needs and seek full range of business solutions.
• Provide executive management with advice on the financial implications of business activities.
• Manage processes for financial forecasting, budgets and consolidation and reporting to the Company. Provide recommendations to strategically enhance financial performance and business opportunities.
• Ensure that effective internal controls are in place and ensure compliance and applicable federal, state and local regulatory laws and rules for financial and tax reporting.
• Participate in developing new business, specifically: assist the General Manager/Director of Operations in identifying new funding opportunities, the drafting of prospective programmatic budgets, and determining cost effectiveness.
• Establishes finance operational strategies.
• Oversee all purchasing and finance related payroll activity.
• Monitor banking activities of the organization.
• Ensure adequate cash flow to meet the organization's needs.
• Monitors financial performance by measuring and analyzing results; initiating corrective actions; minimizing the impact of variances.
• Maximizes return on invested funds by identifying investment opportunities, maintaining relationships with the investment community.
• Serve as one of the trustees and oversee administration and financial reporting of the organization's Savings and Retirement Plan.
• Investigate cost-effective benefit plans and other fringe benefits which the organization may offer employees with the goal of attracting and retaining qualified individuals.
• Oversee the production of monthly reports including reconciliations, financial statements and cash flow projections for use by Executive management.
• Oversee Accounts Payable and Accounts Receivable and ensure a disaster recovery plan is in place.
• Oversee business insurance plans and health care coverage analysis.
• Reports financial status by developing forecasts; reporting results; analyzing variances; developing improvements.
• Develop and maintain timely and accurate financial statements and reports in accordance with generally accepted accounting principles.
• Develop, implement, and ensure compliance with internal financial and accounting policies and procedures.
• Ensure that all statutory requirements of the organization are met.
• Complete annual audit with the approved external auditor.
• Document and maintain complete and accurate supporting information for all financial transactions.
• Develop and maintain financial accounting systems for cash management, accounts payable, credit control, and petty cash.
• Effectively manage cash flow month by month and prepare cash flow forecasts in accordance with policy.
• Perform and review monthly results and implement monthly variance reporting as compared to budget.
• Develop and implement policies and procedures as required to ensure that personnel and financial information is secure.
• Ensure that employees are paid in a timely and accurate manner.
• Processes and submits statutory and benefits remittances on time.
• Prepare the annual budget in consultation with the Executive Management team and head of departments.
• Ensures that required debt payments are made on a timely basis.
• Maintains the chart of accounts.
• Maintains an orderly accounting filing system.
• Maintains a system of controls over accounting transactions and reports any inaccuracies.

Requirements:

• Degree in finance from a reputable university.
• 8 years of experience for a major HOTEL/F&B company.
• Priority will be given to candidates with the Certified Public Accountant (CPA) or Certified Management Accountant (CMA) designations.
• Analytical, problem solving and decision-making skills to evaluate alternatives and provide recommendations on business issues.
• Planning and budgetary skills.
• Level of integrity and dependability with a strong sense of urgency and results-orientation.
• Computer skills.
• Written and oral communications skills.