Director of Finance

Business Unit:  The Peninsula Shanghai
Location:  Shanghai

Working alongside The Peninsula Shanghai's executive team, we seek a Director of Finance responsible for all accounting, purchasing, and asset control services.

  • Work for an award-winning luxury hotel group.
  • Report directly to the General Manager and be an influential Executive Committee member
  • Exceptional benefits package and medical, pension plan with company match.

 

Key Accountabilities

 

  • Lead and oversee the finance team, including accounting, procurement and information technology functions, in achieving the organization's strategic goals and enhancing financial performance.
  • Formulate a strategic financial plan and lead the team to ensure revenue forecasts, cost control and budgetary activities are adhered and achieved as per finance's requirements.
  • Use financial analysis, data trends and market information to anticipate needs, identify operating/financial issues, and recommend actions to the Executive Committee and General Manager to maximize financial return.
  • Maximise cash flow performance of the hotel through controls on inventory (avoid excessive supply), credit and collection, disbursements, and deposits.
  • Lead the procurement function by reviewing all purchase requisitions and approving all purchases in view of the availability of funds, necessity and the budget.
  • Analyse ROI for capital projects before committing funds and, upon completion, determine if anticipated results were achieved.
  • Accountability for all legal and regulatory requirements across all jurisdictions.

 

General Requirements

 

  • More than 10 years of professional experience, preferably in the hospitality and service industry
  • Fluent Putunghua both spoken and written
  • Experience leading a hotel as Director of Finance in China
  • Full understanding of PRC tax and foreign exchange regulation
  • Build strong rapport with relevant government bureaus and banks.
  • Analytical with good business acumen, influential, a good persuader
  • Positive and approachable, analytical, and influential with solid conflict resolution, communication and leadership skills
  • Working experience with all Microsoft applications and relevant accounting and finance systems

 

We would be delighted to receive your CV and look forward to liaising directly with suitable applicants. 

 

 

About The Peninsula Shanghai

Established in 2009, The Peninsula Shanghai was the first new building to open on Shanghai’s historic Bund for more than 70 years. With stunning facilities, world-class services and Michelin-starred restaurants, The Peninsula Shanghai blends an exquisite retro-style interior with contemporary comfort.

Requisition ID:  43836