Assistant Regional Director Operations Finance

Overview

About The Job

(1) Ongoing Support Of Assigned Hotels

• Work with hotels to analyse monthly financial reports and highlight opportunities for additional business development, improved labour efficiencies, and potential cost control measures.
• Assist as necessary and review hotel-prepared ROI calculations and business development proposals.
• Provide guidance to hotels on their understanding of MOHG standards of operations and validate compliance with all Policies & Procedures.
• Conduct Controller Self Assessment Questionnaire (CSAQ) verifications to ensure embedded systems, processes, and controls comply with MOHG P&P standards.
• Participate in hotel internal and external audit functions, including follow-up of audit recommendations and pre-audit reviews.
• Conduct periodic on-site operations reviews that include but are not limited to:
• + Balance Sheet reconciliations
• + Package Allocations
• + Accounting Treatments (USALI, GAAP, IFRS as appropriate)
• + Credit authorization standards
• + Cash handling standards
• + Payroll and Fringe Benefit entitlements
• + Compliance with Expense, Travel and Entertainment P&P’s
• + Compliance with Purchasing Guidelines
• Ensure best practices are documented and shared between hotels as appropriate.
• Assist in developing and monitoring Learning and Development opportunities for local finance teams.
• Introduce newly joined DOFs to MOHG P&P, budgeting requirements, Balance Sheet reconciliation process, Risk Management protocols.
• Liaise with Systems Finance to ensure appropriate configurations, system access rights, and other related matters are documented, standardized, and maintained.
• Monitor performance termination clauses and incentive fee calculations and highlight any risks/concerns.
• (2) Openings, Acquisitions, Divestments, De-branding, and FC Transition
• Ensure MOHG complies with its obligations to provide pre-opening and operating budgets, manager’s insurance obligations, and other key obligations under the management agreements.
• Prepare critical path for each project and monitor progress to ensure pre-opening activities are on target to meet scheduled opening dates.
• Provide planning and support to newly built or acquired hotels, including budget preparation and on-site assistance with the implementation of systems and procedures.
• Develop standard operating procedures and templates for opening hotels, which shall include job descriptions, license requirements, etc., that can be modified to suit local conditions.
• Introduce newly joined DOFs to MOHG P&P, budgeting requirements, insurance procedures, Risk Management protocols.
• Assist with any acquisition, divestment, or de-branding activities as required.
• Ensure smooth transition or hand-over from exiting DOFs as required.
• (3) Participation in Regional and Global Projects
• COA Standardization
• Updating and maintaining Expense Dictionary
• Development of new KPIs
• Updating and maintaining Policy and Procedure Library
• Develop and maintain Opening Toolkit / Operations Finance Reference Manual
• Design training plans to raise internal colleagues one level (e.g., ADOF to DOF, Staff Accountant to ADOF)
• Develop brief internal financial training presentations DOFs can use to educate EXCO and/or mid-level managers
• Our commitment to you
• Learning & Development. Your success is our success. We craft unique learning and development programmes for various stages in your career so that you grow, continuously.
• MOstay. When you work as hard as our colleagues do, it’s important to take time off. As a member of the #MOfamily, you can stay with us wherever you go in the world. The MOstay programme offers complimentary nights and additionally attractive rates on rooms for you and your loved ones.
• Heath & Colleague Wellness. Finding the right work-life balance is important. Your wellbeing matters to us. A variety of health benefits and wellness programmes are offered to all our colleagues, globally.
• Retirement Plans. When you show commitment to us, we reciprocate. We offer different retirement plans depending on the length of your service and your role.
• We’re Fans.
• Are you?