Hotel Chief Financial Officer (CFO) – Hospitality Division for a mid-scale hotel group in Oceana (Asia experience preferred)
We are seeking a highly experienced and strategic Chief Financial Officer (CFO) to lead the financial operations of our client’s Hospitality Division, encompassing a portfolio of mid-scale hotels across Oceania. The CFO will play a pivotal role in driving financial performance, ensuring robust financial governance, and supporting strategic growth initiatives. This role requires a commercially astute leader with strong analytical capabilities, exceptional stakeholder management skills, and a deep understanding of the hospitality sector.
Key Responsibilities
- Lead the financial planning, budgeting, and forecasting processes for the Hospitality Division.
- Oversee all financial operations, including accounting, reporting, treasury, and compliance functions.
- Monitor and manage cash flow, working capital, and capital expenditure to ensure financial sustainability.
- Analyse financial performance, identify trends, risks, and opportunities, and propose corrective actions.
- Ensure the accuracy, timeliness, and integrity of financial reporting in compliance with regulatory standards.
- Develop and maintain internal control systems to safeguard company assets and ensure operational efficiency.
- Partner with executive leadership to evaluate and execute strategic initiatives, acquisitions, and capital investments.
- Provide clear financial insights and recommendations to the CEO, Board of Directors, and other senior stakeholders.
- Lead, mentor, and develop a high-performing finance team aligned with the company’s vision and values.
- Liaise with auditors, financial institutions, tax authorities, and other external parties.
Preferred Qualifications
- Bachelor’s or Master’s degree in Accounting, Finance, Business, or a related field.
- A minimum of 8 years of senior financial management experience, ideally within the hospitality, tourism, or service sectors.
- Membership in a recognized professional accounting body (CPA, CA, CIMA or equivalent).
Skills & Attributes
- Exceptional strategic thinking and commercial acumen.
- Strong leadership and team-building capabilities.
- Excellent interpersonal, communication, and stakeholder engagement skills.
- High level of integrity, ethics, and professionalism.
- Resilience and adaptability in high-pressure and dynamic environments.
- Proficiency in financial software and systems relevant to the hospitality industry.
Key Performance Indicators (KPIs)
- Achievement of divisional financial targets and profitability objectives.
- Accuracy, timeliness, and compliance in financial reporting and forecasting.
- Effectiveness and robustness of internal financial controls.
- Successful execution of capital projects and strategic initiatives.
- Stakeholder satisfaction, including investor confidence and partner relationships.
Compensation & Benefits:
- Competitive salary and performance-based incentives.
- Relocation assistance.
- Comprehensive benefits package.
To Apply: Qualified applicants should submit a resume and a cover letter highlighting relevant experience to Mr. Steve Renard at steve@renardinternational.com
Regards,
Steve Renard
Stephen J. Renard, President
RENARD INTERNATIONAL HOSPITALITY SEARCH CONSULTANTS
Tel: (1) 416 364 8325, ext. 228
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