About this role
To oversee corporate financial planning, tax structuring, and compliance for the regional office and the joint venture (Key International Hotels Management Co., Ltd.). Ensure that consolidated financial statements are prepared timely, accurately, and in accordance with local legislation, international standards, and corporate guidelines. To monitor, analyze, and optimize the financial performance of all operating and pipeline hotels in the region. Ensure the service agreement with Kempinski Hotels S.A. is fully respected, guiding Hotel Financial Controllers to maximize resource utilization, control revenues and costs, and drive profitability. To strategically plan and execute fund-raising and financing initiatives to support regional expansions, hotel developments, and joint-venture operations. Establish and maintain strategic partnerships with banks, financial institutions, and owning companies to optimize the capital structure and ensure liquidity across the region. Assist with the implementation and adherence to Financial Policies & Procedures on hotel-level. Review and assess Hotel Business Plans, 5 Year Plans & Forecasts. Monitor and analyze hotel performance. Organize and review audits, peer reviews and task-forces. Evaluate the performance of the hotel Finance Controller, maintain development and succession plan, engage in leading continuous development of Financial Controllers. Maintain good relationship with owning companies / owner representatives. Conduct Risk Assessments on a regular basis. Deliver / organize Pre-Opening-Support and Opening-Support in a timely manner. Provide the Development Support with assessment of feasibility studies and P&L projections. And support the regional strategic expansion by vetting and providing insight into estimations. Ensure compliance with Finance Policies & Procedures constantly increases year over year in the Greater China and Mongolia area. Enforce 100% Segregation of duties matrix is in place in all hotels of the region. Drive forecast accuracy to constantly increase year over year in the region. Guarantee reporting deadlines of the hotels in the region are met at all times. Align the Management Reporting of all hotels in the region (except of the hotels for which an exception has been approved) to be fully compliant with the 11th edition of USoALI (Uniform System of Accounts for the Lodging Industry). Submit the Business Plans and 5 Year Plans of all hotels in the region accurately and in a timely manner (including Capital Expenditure Budget). Update the full-year forecast by all hotels in the region on a monthly basis based on the most current business trends. Conduct a Peer-Review in every hotel of the region once a year. Execute required Task Forces in a timely and productive manner, ensuring proper follow-up and development of appropriate action plans. Formulate and execute fundraising strategies, identifying diverse funding sources to support regional development and joint-venture operations. Establish and maintain strategic partnerships with local and International financial institutions, banks, and investment funds to optimize financing costs and credit lines. Oversee company treasury, cash flow management, and capital structure optimization for the regional entity to ensure regional liquidity and financial health. Creation of ad hoc-reports for the Corporate Office. Additional responsibilities and tasks can be added at any time according to the needs of the business and the Line/Functional Manager.