Director, Global Finance

( 16582 )

At Kerzner, we never settle. Through continued innovation, our team of pioneers push until the next level is achieved, and then to keep going. Our philosophy is simple - we go above and beyond to Blow Away our Guest and Colleagues. Good enough never is. For us, it is all about perfection and innovation. This is not simply our job, it’s our passion.

Our Colleagues are at the heart of who we are and what we do. With an international team of over 10,000 Colleagues and strong strategic growth on the horizon, we offer unrivalled career opportunities around the world. We are committed to provide our Colleagues at all levels with opportunities to grow and develop within the organisation through personalised development plans and tailored succession planning. We invest in our communities to sustain the environment where we operate and minimising our own footprint. Whether it is through animal conservation, education or tree-planting, we like to give back in as many ways as we can to help our communities flourish.

About The Role

To work alongside the SVP - Finance to maintain the highest standards of service and operational efficiency within all areas of responsibility. Provide ad-hoc support on hotel operational finance matters and coordinate and implement operational finance functions during pre-opening and hotel openings. To play a vital role in overseeing the financial operations, governance, and compliance of our hotel organization. In addition, provide insights and support to drive optimal business decision making. The role includes preparing presentations and financial models to answer strategic questions posed by the SVP Global Finance and Senior Management. Furthermore, to provide specialized reporting, analysis, and support for various strategic initiatives and other projects, this role includes financial reporting, forecasting, annual budgeting, governance & compliance and supervision of the properties Finance functions.

The position requires a balance of both analytical and communication skills. This includes presenting conclusions to Senior Management in writing and in person in a professional, thoughtful, and clear manner.

Key Duties and Responsibilities

• Ensure Kerzner complies with its obligations to provide pre-opening and operating budgets and other key obligations under the management agreements.
• Oversee the review and analysis of monthly, quarterly and annual financial performance of the business to determine key drivers impacting the Company’s performance.
• Develop and implement financial strategies, policies and procedures to guide the overall financial operations of the hotel organization.
• Liaising with all business units and the accounting group on financial and operating matters
• Work closely with the operational teams to understand and support their financial needs.
• Prepare critical path for each project and monitor progress to ensure pre-opening activities are on target to meet schedules opening dates.
• Provide planning and support to newly built hotels, including budget preparation, on-site assistance with the implementation of systems and procedures.
• Ensure compliance with all applicable laws, regulations, and internal policies related to finance and hotel operations.
• Collaborate with department heads to develop and track departmental budgets, ensuring alignment with overall financial goals. Suggest improvements to operational processes and key cost components.
• Identifying opportunities for process improvements to drive efficiencies and simplification
• Monitor, analyze key performance indicators related to hotel operations, providing insights and recommendations for performance improvement
• Establish proper procedures and guidelines in terms of Purchasing, Capital Expenditure planning and implementation, annual budgets and forecasts
• To be IT proficient in hospitality PMS, POS and Accounting Software Systems.
• Assist wherever needed in all tasks done by employees under his/her control responsibility
• Ensure at all times that the Accounting system reflects the revenue and statistical figures of the Property Management System
• Ensure that accurate reconciliation of all Balance Sheet accounts for each month end are prepared by the resort teams.
• To assist with preparing the monthly financial reports for Management at Global Office
• Oversee the weekly Cash flow projection prepared by the hotel teams and monitoring thereof.
• Work closely with the General Manager in all related matters concerning the good function of the resort and the financial operation, as well as the maintenance of good working relationships with the Owners.
• Ensure accurate and timely delivery of the month end accounting package.
• Ensure that financial controls are adhered to and developed alongside the business.
• Control and seek to reduce all operating costs of all departments in the hotel whilst maintaining standards set.
• Ensures that the Accounting department and any other department are respecting the Hotel accounting policies and procedures at all time

Skills, Experience & Educational Requirements

• Bachelor’s degree in Accounting/Commerce, MBA and/or CA/CPA/CIMA & CFA a plus
• Excellent numeric, literacy and keyboard skills, possessing Microsoft Word, Excel, Word, Outlook and PowerPoint (essential) and a knowledge of IS systems such as Accounting Software and Micros POS system (Opera/Fidelio is desirable).
• Knowledgeable in advanced computer set up, such as MS Macros, Networking, Servers and Hyperion
• Minimum of 5 years-accounting experience and previous accounting experience at a director/managerial level.
• Proven leadership and coaching skills with a track record of developing a highly motivated and cross-trained group of progressive accounting professionals.
• Excellent people management, leadership and development skills coupled with the ability to adjust to multiple demands, shifting priorities and rapid changes are essential.
• Must have the highest standards of accuracy, organization and precision and the ability to think creatively and strategically while acting tactically.
• Ability to roll-up sleeves and work with team members in a hands-on management capacity. Must be assertive, highly driven and self-motivated.
• Strong understanding of governance, compliance, and risk management principles.
• Excellent analytical and problem-solving skills
• Familiarity with hotel operating systems and software
• Excellent administrative, interpersonal, organizational, written and verbal communication skills.
• Highly organized and able to prioritize and meet deadlines in a fast-paced environment.
• Computer literacy a must, with a strong knowledge of Word, Excel, Word, Outlook and PowerPoint.

Our company is expanding faster than ever before. We are investing in the growth of our company, and that means we are committed to investing in you. Join a team that is open-hearted, innovative, inclusive, and inspiring in spirit. We believe in making our guests happy beyond anything they have ever imagined. We wow them at every turn and create memories that will last a lifetime. You will be at the heart of this vision, to constantly innovate to deliver Amazing Experiences and Everlasting Memories.