Regional Financial Controller - Australia

at  Seibu Prince Hotels Worldwide

INTRODUCTION:

We are seeking a talented finance professional to join our team and help us create the future of hospitality.
We’re a global brand with a big goal: to deliver 250 new hotels across 10 international brands in the medium to long term. We’re expanding across Asia Pacific, Southeast Asia, Japan, the Middle East, Europe and the United States. And we need your help to make it happen!
We believe that everyone deserves a day off to celebrate their birthday! That’s why we offer paid birthday leave. So you can relax and enjoy your special day.
We’re a supportive and collaborative workplace. We believe in working together to achieve our goals. We also offer a variety of resources to help you succeed.
We’re committed to creating a diverse and inclusive workplace. We believe that everyone has something to offer, and we value the unique perspectives of our employees.

DESCRIPTION:

Position Summary
As the Regional Financial Controller, you will lead the financial management and reporting for our Australian portfolio, ensuring compliance with company standards, local regulations, and best practices. Reporting to the Head of Finance, you will play a pivotal role in strategic planning, budget preparation, and driving financial performance across our properties.

Key Responsibilities

• Lead and oversee financial and accounting within the Australia hotels Finance centralised hub across multiple entities;
• Develop best practice on financial accounting and control procedures, make sure financial reporting and control is an area of continuous review and development with the aim of maximizing both impact and efficiency;
• Develop the effectiveness of the hotel/regional finance function through the ongoing training and development of the team. Lead and motivate the team to high levels of performance;
• Demonstrate clear presentations and illustrations of financial information to the Executive Team and Corporate Office to support decision making;
• Responsible for cash flow management of the hotels within the region;
• Monitor and improve hotel operating ratios, profit retentions and manage business risks;
• Driving annual budget preparation and business plan process, assisting in the key strategic decision making and formulating business strategies;
• Responsible for preparing and reviewing monthly P&L actual & rolling forecasts, conduct variance analysis, cost exception/key ratio explanations & benchmarking analysis for the region;
• Perform periodic internal audits and liaise with external auditors (including trust audits) as required and supply timely feedback on any likely internal control weaknesses or risks;
• Act as a business partner with cross departments and property General Managers to provide advice on financial implications on certain commercial decisions and scenario planning;
• Involvement to support corporate requirements for hotel development expansion, including leading the pre-opening and initial setup of the finance department for newly built hotel;
• Develop and implement financial policies and procedures.

Essential Criteria

• Bachelor’s degree in accounting and/ or applied finance;
• CPA/ CA (or equivalent) accounting professional qualification
• Minimum 5 years experience in hotel/ regional management accounting, budgeting, forecasting, financial analysis and with strong excel skills experience.
• Experience working or leading the finance team based in a centralised hub is preferred, with communications and reporting to an international based corporate office.
• Experience in dealing with Management Letting Right (MLR) Trust accounting, strata titles hotel accounting is preferred
• Experience with RMS PMS, Opera Cloud
• Experience with MYOB Advance, Wage Easy is preferred
• Ability to work both independently and within a team environment across multiple functions & cross departments
• Advanced skills in MS Excel and PowerPoint, experience in presentations to key management team is preferred.
• Detail-oriented with the ability to prioritize multiple tasks and meet deadlines

Why Seibu Prince Hotels and Resorts?

Working for Seibu Prince Hotels & Resorts offers an opportunity like no other – to work for a global hotel brand. We are rapidly expanding our network and want you to Grow with Us. In addition, we offer:

• Access to incredible discounts across a wide variety of retailers
• Online learning platforms and career development programs
• Amazing discounts across our wide network of hotels
• Health and Wellness sessions
• & of course your daily supply of coffee!

We’re ready to invest in you, with corporate development programs and unlimited opportunities for career growth.

• Lead and oversee financial and accounting within the Australia hotels Finance centralised hub across multiple entities;
• Develop best practice on financial accounting and control procedures, make sure financial reporting and control is an area of continuous review and development with the aim of maximizing both impact and efficiency;
• Develop the effectiveness of the hotel/regional finance function through the ongoing training and development of the team. Lead and motivate the team to high levels of performance;
• Demonstrate clear presentations and illustrations of financial information to the Executive Team and Corporate Office to support decision making;
• Responsible for cash flow management of the hotels within the region;
• Monitor and improve hotel operating ratios, profit retentions and manage business risks;
• Driving annual budget preparation and business plan process, assisting in the key strategic decision making and formulating business strategies;
• Responsible for preparing and reviewing monthly P&L actual & rolling forecasts, conduct variance analysis, cost exception/key ratio explanations & benchmarking analysis for the region;
• Perform periodic internal audits and liaise with external auditors (including trust audits) as required and supply timely feedback on any likely internal control weaknesses or risks;
• Act as a business partner with cross departments and property General Managers to provide advice on financial implications on certain commercial decisions and scenario planning;
• Involvement to support corporate requirements for hotel development expansion, including leading the pre-opening and initial setup of the finance department for newly built hotel;
• Develop and implement financial policies and procedures