Finance Manager

3 days ago

Kuala Lumpur, Kuala Lumpur, Malaysia Hyatt Hotels Corporation Full time

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Summary

Come and join us in our journey as We Care for People So They Can Be Their Best We believe that being your best is about being your true self - engaged, fulfilled and ready to take on the world.

Hyatt Place Kuala Lumpur, Bukit Jalil - is the first Hyatt Place hotel in Malaysia. Located in Bukit Jalil, an affluent suburb located within the southern corridor of Kuala Lumpur, the hotel features 250 guestrooms, a three-meal restaurant, ballroom and meeting rooms and flexible event space, rooftop restaurant, a fitness centre, and a sky pool.

We are currently looking for an experienced Finance Manager to lead the finance and administrative department and be responsible for all aspects of finance, accounting, purchasing, and information technology.

You will direct and manage to ensure the smooth and efficient operation of the Finance & Accounting Division while maintaining Hyatt Hotel's high standards of Financial Management. You will also be responsible for the efficient running of the department in line with Hyatt International's Corporate Strategies and brand standards, whilst meeting associate, guest, and owner expectations.

In addition to the finance department, this position will also oversee the administrative departments of the hotel, through planning, organizing, directing and controlling the Finance Department, Information Systems, Purchasing via policies and procedures, operation, and administration.

As a member of the hotel's senior management team, the Finance Manager is a highly visible role with exposure to Senior and Corporate leadership. This position reports to the hotel General Manager.

An individual with an entrepreneurial spirit and a prominent member within the industry, you will be confident and driven in your approach. You are business savvy and are known for your ability to communicate and negotiate at all levels, are detail-oriented and must be able to improve the bottom line and problem-solve with employees and guests. Must be able to manage multiple priorities in a fast-paced environment and be constantly hands-on and ready to lend expertise within other departments of the hotel.

Qualifications

Key Qualifications and requirements:

  1. Demonstrate a proven track record (at a senior level) of hotel operations - of meeting and exceeding GOP targets, positive cash flow management, and high profit flow through.
  2. Demonstrate an ability to use Finance Management Reporting Systems to make fact-based decisions that benefit the profitability and efficiency of the hotel.
  3. Previous hotel finance experience with hotel properties or serviced residences that have over 250 rooms will be preferred due to the complexity of the financial management process.
  4. Possess a Degree in Finance or Accounting. CA certification will be an added advantage. Certified member with the Malaysian Institute of Accountants is necessary.
  5. A minimum of 8 years or more work experience in a senior role within an international chain hotel finance department and have led a team of finance associates.
  6. Demonstrate the ability to effectively interact with people of diverse socioeconomic, cultural, and ethnic backgrounds.
  7. Fluent in written and spoken English and Bahasa Malaysia is required. The ability to converse in local Malaysian Chinese dialects is an added advantage.
  8. Demonstrate the ability to manage and lead hotel on-site accounting functions to ensure proper fiscal management, timely and accurate reporting and analysis for the hotel. This responsibility also includes hotel financial planning, budgeting, accounting, and cash management.
  9. Be confident in assisting to nurture the important relationship with the owners. Be responsible for supervising and coordinating owner reporting as required.
  10. Demonstrate a flair to prepare and review all monthly and annual financial statements. Investigate, review, and analyze the variance explanations, involving the department managers in this process. Take initiative to manage troubleshooting for respective cost controls and revenue enhancement.
  11. Demonstrate the ability to supervise the Information Technology function. Additionally, have a sound understanding of the hotel operational and back office systems as well as Microsoft Office products.
  12. Demonstrate the ability to have a sound understanding of the forecasting system and the tools from Revenue Management to ensure forecasting accuracy is achieved.
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