Cluster Director of Finance

Job Description

Title: Cluster Director of Finance

Company Name: The Westin Dhaka

Vacancy: 1

Job Location: Dhaka

Employment Status: Full-time

Educational Requirements:
∎ Master of Business Administration (MBA) in Finance, Accounting

Experience Requirements:
∎ 3 to 5 year(s)

Job Responsibilities:
∎ 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.

Additional Requirements:
∎ Age at least 27 years

Salary: Negotiable

Compensation & Other Benefits:
∎ Mobile bill, Medical allowance, Performance bonus, Insurance
∎ Lunch Facilities: Full Subsidize

Application Deadline: December 31, 2019

Company Information:
∎ The Westin Dhaka
∎ Address : Road 45, Plot 1, Gulshan 2, Dhaka, Bangladesh
∎ Web : www.westin.com/dhaka
∎ Business : Five Star Hotel

Category: Hospitality/ Travel/ Tourism

Source: bdjobs.com

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