We are seeking an experienced Director Finance Hotel Operations to join our office in Ho Chi Minh City, Vietnam. In this pivotal role, you are responsible for working closely with respective hotel finance teams to drive for better transparency in financial information in compliance with Group guideline, improving internal control procedure and governance compliance in accordance with local and international accounting standards.
The position has direct responsibility for overseeing the financial reporting of Accor’s hotel operations (Premium-Mid scale & Economy brand) in Vietnam, Philippines, Maldives, Thailand, Cambodia, Laos, Myanmar and other country as assigned.
In addition to above, he/she will provide support to management of analyzing Hotel financial performance within the region and working with management and hotel teams to improve performance.
Financial Management
- Correct implementation of policy, procedure, internal audit, corporate governance and accounting principles
- Maintain financial and insurance records according to established/required standards
- Annual Business Plan and Budgets – Assist Head of Finance / VP Operations in reviewing Operating and Capex budgets for all hotels
- Regional Reporting, Analysis of Variances, Contingency Action planning with business units
- Streamlining Resources/Cost Savings Plans to improve Hotel GOP and Hotel ensure budgets targets are achieved
- Hotel Cash management and credit collection issues and work with teams to plan and implement action plans
Financial Support
- Supporting the local finance teams of hotels in their region.
- Provide advice and guidance to the local finance teams of hotels in their region.
- Ensuring hotels adhere to established Internal Control standards.
- Analyzing monthly results and identifying business development and profit improvement opportunities in conjunction with VPOS and Operations teams.
- Reviewing Hotel budgets, forecasts and Balance sheet reconciliations.
- Recruitment, development and mentoring of hotel Financial Controllers/Finance Leaders in their region.
- Overseeing hotel openings and re-branding projects in portfolio.
- Support hotels on pre-opening, providing guidance to the Financial Controller or assisting the GM to prepare the operating budget in the absence of Financial Controller.
- Review system set up and accounts reconciliation 3 month after opening to ensure that the hotels are being set up and opened according to Accor standards.
- Support consultative advice to Head of Finance Hotel Operations- Asia on all financial matters, strategy and planning for region.
- Liaise with hotel owners and representatives when required in conjunction with Operations team