Mandarin Oriental

Posted

Regional Director of Operations Finance

About the job

Key Responsibilities:

Ongoing Support of Assigned Hotels

Work with local hotel Directors of Finance to analyse monthly financial reports and highlight opportunities for additional business development, improved labour efficiencies and potential cost control measures.
Prepare monthly summary highlighting successes, areas of opportunity and recommendations for follow up for presentation during monthly regional operations review.
Conduct preliminary review of Capital Expenditure requests, Significant Contract Summaries and Barter agreements.
Assist as necessary and review hotel prepared ROI calculations and business development proposals.
Provide guidance to Directors of Finance in their understanding of MOHG standards of operations and validating compliance with all Polices & Procedures.
Conduct Controller Self Assessment Questionnaire (CSAQ) verifications to ensure embedded systems, processes and controls comply with MOHG P&P standards.
Co-ordinate hotel internal and external audit functions, including follow-up of audit recommendations and pre-audit reviews.
Conduct periodic on-site operations reviews that include but are not limited to the following:
- - Balance Sheet reconciliations
  - Package Allocations
  - Accounting Treatments (USALI, GAAP, IFRS as appropriate)
  - Credit authorization standards
  - Cash handling standards
  - Payroll and Fringe Benefit entitlements
  - Compliance with Expense, Travel and Entertainment P&P’s
  - Compliance with Purchasing Guidelines
Ensure best practices are documented and shared between hotels as appropriate
Assist in developing and monitoring Learning and Development opportunities for local finance teams.
Introduce newly joined DOFs to MOHG P&P, budgeting requirements, insurance procedures, Risk Management protocols.
Liaise with Operations Controller –Systems to ensure appropriate configurations, system access rights and other related matters are documented, standardized and maintained.
Monitor performance termination clauses and incentive fee calculations and highlight any risks / concerns.

Openings, acquisitions, divestments, de-branding and FC transition

Ensure MOHG complies with its obligations to provide pre-opening and operating budgets, manager’s insurance obligations and other key obligations under the management agreements
Prepare critical path for each project and monitor progress to ensure pre-opening activities are on target to meet scheduled opening dates
Provide planning and support to newly built or acquired hotels, including budget preparation, on-site assistance with the implementation of systems and procedures
Develop standard operating procedures and templates for opening hotels which shall include job descriptions, license requirements, etc that can be modified to suit local conditions
Introduce newly joined DOFs to MOHG P&P, budgeting requirements, insurance procedures, Risk Management protocols
Assist with any acquisition, divestment or de-branding activities
Ensure smooth transition or hand-over from exiting DOFs

Actively participate in regional and global projects as determined from time to time but which may include:

COA Standardization.
Updating and maintaining Expense Dictionary.
Development of new KPI’s.
Updating and maintaining Policy and Procedure Library
Develop and maintain Opening Toolkit / Operations Finance Reference Manual
Design Training plans to raise internal colleagues one level (ADOF – DOF, Staff Acct. – ADOF, etc.)
Develop brief internal financial training presentations DOFs can use to educate EXCO and/or mid-level managers.