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Group Director of Finance
2 months ago
TRI-CAP CONSULTING PTE. LTD. is seeking a highly skilled Group Director of Finance to lead the financial strategy, planning, and management for all hotel entities within the group.
Key Responsibilities:- Develop and oversee the annual budgeting process for all hotel operations, ensuring alignment with the company's strategic goals.
- Monitor and report on financial performance against the budget, providing variance analysis and recommending corrective actions.
- Analyse financial data and market trends to provide actionable insights that drive business performance.
- Implement key performance indicators (KPIs) to track financial performance across all hotel entities.
- Conduct financial reviews and evaluations to identify areas of improvement and cost-saving opportunities.
- Manage the treasury function, ensuring optimal liquidity and investment of surplus funds.
- Oversee cash flow planning and ensure availability of funds as needed.
- Develop and maintain relationships with financial institutions to secure favourable financing arrangements.
- Ensure compliance with all financial regulations and standards, both local and international.
- Lead internal and external audit processes, ensuring timely and accurate completion.
- Implement and maintain robust internal controls to safeguard the company's assets.
- Drive efficiency and profitability by developing and implementing financial strategies that maximize revenue and minimize costs.
- Provide financial leadership and guidance on operational issues to hotel management teams.
- Utilize advanced financial modelling and analysis to support decision-making and problem-solving.
- Foster a culture of innovation by encouraging out-of-the-box solutions to financial challenges.
- Help to create and implement new and improved SOPs to streamline financial operations and enhance efficiency.
- Lead, mentor, and develop the finance team to ensure high performance and continuous improvement.
- Bachelor's Degree in Finance, Accounting, or a related field.
- Minimum of 10 years of progressive experience in finance, with at least 5 years in a leadership role within the hospitality industry.
- Proven track record in financial planning, analysis, and management in a multi-entity environment.
- Strong analytical and problem-solving skills with a keen attention to detail.
- Superior communication and interpersonal skills, with the ability to present complex financial information clearly.
- Ability to lead and manage a team in a fast-paced, high-pressure environment.
- Strong business acumen, strategic thinking, and ability to thrive in a dynamic start-up-like environment.