Chief Financial Officer (Pre-Opening)

  • Kota Medan
  • Bali Jobs Recruitment
Our client is a leading property developer group in Bali specializing in the creation of unique and exciting properties and currently seeking a Chief Financial Officer to join and lead their exceptional pre-opening team. The Chief Financial Officer's responsibilities include developing and managing the financial plan and budget, ensuring they align with strategic goals, and securing necessary funding and capital investments. Requirements: Minimum of 10 years of experience in finance and treasury, with a substantial portion in corporate finance. Experience in hospitality background, preferably in the hotel sector. Bachelor's or Master's Degree in Accounting/ Finance/ Business, or equivalent educational background. Uses financial expertise and analytical models to evaluate the mix of transient and group revenue.  A strong understanding of F&B / hospitality operations and administration to include, budgeting, forecasting, taxation and government regulations. Fluent in oral and written English to meet business needs. Strong knowledge of financial planning, budgeting, and forecasting. Proven ability to manage complex financial operations and lead a finance team. CPA/CMA certification is preferred. Proficient in Microsoft Office (Word, Excel, PowerPoint). Able to manage multiple stakeholders across various levels of seniority. Responsibilities: Develop and implement financial strategies that align with the company's business goals and objectives. Provide strategic recommendations to the CEO and executive management team based on financial analysis and projections, cost identification and allocation, and revenue/expense analysis. Oversee the preparation and approval of all financial reporting materials and metrics for funding organizations and the board of directors. Manage cash flow planning process and ensure funds availability. Monitor financial performance by measuring and analyzing results, initiating corrective actions, and minimizing the impact of variances. Lead the finance and treasury functions, ensuring robust processes and controls are in place. Manage banking relationships and ensure the company has the financial resources necessary to achieve its strategic objectives. Oversee investment activities and make recommendations on investment strategies Identify and manage financial risks, ensuring adequate internal controls are in place. Ensure compliance with all regulatory requirements and internal policies. Prepare a comprehensive monthly report of the financial results for the Hotel Management in established formats and in accordance with generally accepted accounting principles. Develop, implement and maintain all Finance, IT and Purchasing Policies and Procedures for the Hotel Management, ensuring compliance with appropriate legislation. Work closely with the stakeholders to prepare annual budget planning, re-forecast, and rolling forecast on a periodic business cycle. Review budget activities completed by the budget owner with accurate baseline, information, and proper justification. Highlight key financial issues and deliver the proposed solutions to the stakeholders. Provide insightful financial analysis on a regular and ad-hoc basis such as business unit performance review, and other financial ratios analysis in certain circumstances. Participate as an active member of the Planning Committee. Ensure timely and accurate financial accounting and reporting, including effective internal accounting controls. Provide financial advisory services to operational managers. Ensure all finance and tax legislation is adhered to at all times.