Vice President – Operations Finance

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Vice President – Operations Finance

Location: BANGKOK

Job Description:

Reporting to the Head of Operations Finance, the VP – Finance & Accounting is responsible for facilitating and ensuring budgetary control, adherence to business plan, overseeing overall financial activities and financial management and reporting of the accounts of SHR Group of companies.

 Responsibilities:

  • Develop Finance SOP at international standards and requirements, ensuring any changes made should be updated.
  • Obtain and review monthly profit & loss statements, forecast reports, as well as monthly management reports and assist to ensure accuracy of the combined Operations Finance reports of the SHR portfolio.
  • Coordinate with Corporate Finance/ Management Accounting team to assist in ensuring proper accounting and financial reporting and consolidation.
  • Review Capital Expenditures (CAPEX) budget and requests the properties and relevant procurement process.
  • Review annual budget, financial projections, operational cash flow with the management.
  • Dealing honestly and fairly with clients, customers, suppliers and financial partners. The long-term success of the Company depends upon establishing mutually beneficial relationships.
  • Proactively keeping up to date on industry & technical accounting, finance & taxation matters in the area.
  • Coordinate with external and internal auditor on the required information necessary to financial reporting/ internal control.  
  • Assist the management in monitoring the Hotel Management Agreement (HMA), Franchise Agreements compliance and obligations of both counter parties.
  • Seek and encourage continuous improvement of financial performance and prepare management information and analysis to support the business plans.

Knowledge and Skill Requirements:

  • Bachelor of Accounting required.
  • Experiences in the accounting and financial controlling and/or internal and external audit functions required,  
  • Knowledge of Financial Reporting Standards and Uniform System of Accounts for the Lodging Industry (USALI).
  • Business acumen in areas of operational cost control, vendor management and quality assurance, business performance at operational/ strategic level.
  • Capability to manage, coach and counsel a team of financial professionals in the performance of their duties and identified goals and objectives including remote team.
  • A strong team player with an ability to build effective working environment.
  • Committed to achievement of assigned goals and targets.
  • Strong analytical skills and attention-to-details.
  • Strong speaking and writing English communication skills.
  • Ability to exercise restraint over one’s impulses, emotions, or desires at the appropriate time.
  • Proficiency in Microsoft Office particularly Excel and ability to work with software applications/ reporting system utilized by property.
  • Experiences in hotel business operations, planning, budgeting, and other processes in view of financial controlling, development of cost efficiency program as a plus.
  • Experiences in the international accounting/ business as an extra plus.

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