471 Director Of Finance jobs in Malaysia
Director, Finance
Posted today
Job Viewed
Job Description
PURPOSE & OVERALL RELEVANCE FOR THE ORGANIZATION:
Lead the financial strategy, operations, and performance management of the Malaysia market. Partner with business leaders to drive profitable growth, operational efficiency, and strong governance in line with adidas Group standards.
KEY RESPONSIBILITIES:
BUSINESS PARTNERING, FP&A & FINANCIAL ACCOUNTING
- Partner with the business to drive value creation by enabling informed operational and strategic decisions.
- Oversee controlling, forecasting, and performance analysis, providing a critical perspective on business drivers to meet targets and improve financial performance.
- Provide ongoing financial insights for key decisions, including transfer pricing models, sales compensation structures, sales terms, receivables management, inventory optimization, and product clearance strategies.
- Manage and optimize core financial KPIs—returns, inventory turns, DSO, and cash flow—to achieve annual objectives.
- Proactively manage the balance sheet and P&L on a monthly basis to maximize returns for adidas Group.
- Deliver accurate, timely internal and external financial reporting in alignment with Group requirements.
- Lead the annual budgeting process in coordination with relevant departments and Group Finance.
- Identify, evaluate, and execute cost reduction initiatives to improve operational efficiency and profitability.
INTERNAL CONTROLS & POLICIES
- Safeguard company assets by maintaining robust internal controls and full compliance with Group policies.
- Ensure strict adherence to the Group Finance Manual in all key financial, control, and approval processes.
- Lead the annual Global Control Self-Assessment (CSA) to maintain alignment with best practices and policy requirements.
- Oversee accurate and timely regulatory reporting, ensuring full compliance for all legal entities with tax authorities and other financial institutions.
- Act as the primary contact for internal and external audits, ensuring adherence to policies, legal standards, and audit requirements.
- Direct the preparation and submission of HQ financial reports and statutory accounts.
- Identify and implement opportunities to enhance business processes, efficiency, and control (e.g., inventory management, returns handling).
- Enforce all Global Profit Protection standards and procedures.
CREDIT MANAGEMENT
- Ensure provision of credit control of all customers and drive cash collection within the agreed targets.
GROUP FUNCTION COLLABORATION
- Act as market liaison for Tax, Treasury, Commercial Finance, and Group Reporting.
- Ensure alignment with global initiatives and reporting requirements.
PEOPLE MANAGEMENT
- Set clear objectives and manage finance staff workloads and results to achieve goals while adopting best practices and achieving continuous process improvement.
- Ensure high employee engagement at every level through effective motivation, coaching, training, and development of personnel in the team.
KEY RELATIONSHIPS:
- All other directors
- Auditors
- Group Finance
SKILLS & COMPETENCIES
:
- Strong analytical and commercial acumen
- Proven leadership and team development capabilities
- Excellent execution and organizational skills
- Expertise in process and project management
- Fluent English (spoken & written)
QUALIFICATIONS:
- Degree in Finance, Accounting, or Business
- 8+ years in senior finance leadership roles (controlling & accounting)
- Senior management experience, preferably in multinational / adidas environment
AT ADIDAS WE HAVE A WINNING CULTURE. BUT TO WIN, PHYSICAL POWER IS NOT ENOUGH. JUST LIKE ATHLETES OUR EMPLOYEES NEED MENTAL STRENGTH IN THEIR GAME. WE FOSTER THE ATHLETE'S MINDSET THROUGH A SET OF BEHAVIORS THAT WE WANT TO ENABLE AND DEVELOP IN OUR PEOPLE AND THAT ARE AT THE CORE OF OUR UNIQUE COMPANY CULTURE: THIS IS HOW WE WIN WHILE PLAYING FAIR.
COURAGE: Speak up when you see an opportunity; step up when you see a need.
OWNERSHIP: Pick up the ball. Be proactive, take responsibility and follow-through.
INNOVATION: Elevate to win. Be curious, test and learn new and better ways of doing things.
TEAMPLAY: Win together. Work collaboratively and cultivate a shared mindset.
INTEGRITY: Play by the rules. Hold yourself and others accountable to our company's standards.
RESPECT: Value all players. Display empathy, be inclusive and show dignity to all.
AT ADIDAS, WE STRONGLY BELIEVE THAT EMBEDDING DIVERSITY, EQUITY, AND INCLUSION (DEI) INTO OUR CULTURE AND TALENT PROCESSES GIVES OUR EMPLOYEES A SENSE OF BELONGING AND OUR BRAND A REAL COMPETITIVE ADVANTAGE.
– CULTURE STARTS WITH PEOPLE, IT STARTS WITH YOU –
BY RECRUITING TALENT AND DEVELOPING OUR PEOPLE TO REFLECT THE RICH DIVERSITY OF OUR CONSUMERS AND COMMUNITIES, WE FOSTER A CULTURE OF INCLUSION THAT ENGAGES OUR EMPLOYEES AND AUTHENTICALLY CONNECTS OUR BRAND WITH OUR CONSUMERS.
JOB TITLE:
Director, Finance
BRAND:
LOCATION:
Petaling Jaya
TEAM:
Finance
STATE:
10
COUNTRY/REGION:
MY
CONTRACT TYPE:
Full time
NUMBER:
DATE:
Aug 14, 2025
Director, Finance Transformation
Posted 8 days ago
Job Viewed
Job Description
The position of Director, Finance Transformation, focuses on process optimization and leads projects to achieve transformation objectives. The incumbent works with finance process owners to redesign and implement new processes. This role is also responsible for monitoring and supervising changes to finance processes and systems, ensuring that technology is effectively integrated, and that staff embrace the changes. If new technology tools are needed, the Director collaborates with the technology team to develop technical solutions.
Position Responsibilities:
Serve as the project lead for the Finance Transformation initiative.
Analyze transformation opportunities to prioritize resources and optimize outcomes.
Lead and drive efforts to redesign finance processes.
Collaborate with process owners to identify areas for improvement; design and model change proposals that align with company objectives; execute and monitor new processes while maximizing their benefits.
Oversee the launch of new processes with a detailed plan that outlines deliverables, timelines, and milestones, including collaborating with the technology team to develop technical solutions.
Foster a tech-savvy culture within the finance organization.
Identify and track key performance indicators (KPIs) for the change initiative to evaluate benefits post-implementation.
Provide regular updates to project sponsors and stakeholders.
Partner with change enablement team to develop a structured approach to manage changes during the implementation of new processes.
Manage risks that could threaten the successful implementation of change initiatives.
Collaborate closely with the business analysis team to introduce technological tools that support new processes.
Collaborate with other functions to develop end-to-end processes that impact finance operations.
Partner with Group Finance to implement global transformation initiatives.
Lead the process redesign team as the team leader
Required Qualifications:
Excellent communication skills to drive culture change and engagement of the new process
Hands-on project management experience for regional or global processes; digital literacy is a plus
Strong analytical, planning, execution, and problem-solving skills
Excellent communication and interpersonal skills; able to work under pressure and work well under time constraints
Excellent English written and verbal communication skills
Ability to lead a team with team members spread in various locations
Able to coach and develop a high-performance team
Preferred Qualifications:
University graduated in Accounting, Finance, Information Technology, or relevant disciplines
In-depth understanding of Finance processes and systems is a plus
Ability to influence others to achieve a common goal
Challenging the status quo, proactive thinking, process minded, and delivery focused
Minimum 15 years of experience working in areas of Transformation in insurance, banking, or financial institutions
When you join our team:
We’ll empower you to learn and grow the career you want.
We’ll recognize and support you in a flexible environment where well-being and inclusion are more than just words.
As part of our global team, we’ll support you in shaping the future you want to see.
About Manulife and John Hancock
Manulife Financial Corporation is a leading international financial services provider, helping people make their decisions easier and lives better. To learn more about us, visit .
Manulife is an Equal Opportunity Employer
At Manulife/John Hancock, we embrace our diversity. We strive to attract, develop and retain a workforce that is as diverse as the customers we serve and to foster an inclusive work environment that embraces the strength of cultures and individuals. We are committed to fair recruitment, retention, advancement and compensation, and we administer all of our practices and programs without discrimination on the basis of race, ancestry, place of origin, colour, ethnic origin, citizenship, religion or religious beliefs, creed, sex (including pregnancy and pregnancy-related conditions), sexual orientation, genetic characteristics, veteran status, gender identity, gender expression, age, marital status, family status, disability, or any other ground protected by applicable law.
It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Manulife/John Hancock policies. To request a reasonable accommodation in the application process, contact .
Working Arrangement
Hybrid #J-18808-LjbffrDirector, Finance Transformation

Posted 21 days ago
Job Viewed
Job Description
**Position Responsibilities:**
+ Serve as the project lead for the Finance Transformation initiative.
+ Analyze transformation opportunities to prioritize resources and optimize outcomes.
+ Lead and drive efforts to redesign finance processes.
+ Collaborate with process owners to identify areas for improvement; design and model change proposals that align with company objectives; execute and monitor new processes while maximizing their benefits.
+ Oversee the launch of new processes with a detailed plan that outlines deliverables, timelines, and milestones, including collaborating with the technology team to develop technical solutions.
+ Foster a tech-savvy culture within the finance organization.
+ Identify and track key performance indicators (KPIs) for the change initiative to evaluate benefits post-implementation.
+ Provide regular updates to project sponsors and stakeholders.
+ Partner with change enablement team to develop a structured approach to manage changes during the implementation of new processes.
+ Manage risks that could threaten the successful implementation of change initiatives.
+ Collaborate closely with the business analysis team to introduce technological tools that support new processes.
+ Collaborate with other functions to develop end-to-end processes that impact finance operations.
+ Partner with Group Finance to implement global transformation initiatives.
+ Lead the process redesign team as the team leader
**Required Qualifications:**
+ Excellent communication skills to drive culture change and engagement of the new process
+ Hands-on project management experience for regional or global processes; digital literacy is a plus
+ Strong analytical, planning, execution, and problem-solving skills
+ Excellent communication and interpersonal skills; able to work under pressure and work well under time constraints
+ Excellent English written and verbal communication skills
+ Ability to lead a team with team members spread in various locations
+ Able to coach and develop a high-performance team
**Preferred Qualifications:**
+ University graduated in Accounting, Finance, Information Technology, or relevant disciplines
+ In-depth understanding of Finance processes and systems is a plus
+ Ability to influence others to achieve a common goal
+ Challenging the status quo, proactive thinking, process minded, and delivery focused
+ Minimum 15 years of experience working in areas of Transformation in insurance, banking, or financial institutions
**_When you join our team:_**
+ We'll empower you to learn and grow the career you want.
+ We'll recognize and support you in a flexible environment where well-being and inclusion are more than just words.
+ As part of our global team, we'll support you in shaping the future you want to see.
**Acerca de Manulife y John Hancock**
Manulife Financial Corporation es un importante proveedor internacional de servicios financieros que ayuda a las personas a tomar decisiones de una manera más fácil y a vivir mejor. Para obtener más información acerca de nosotros, visite .
**Manulife es un empleador que ofrece igualdad de oportunidades**
En Manulife/John Hancock, valoramos nuestra diversidad. Nos esforzamos por atraer, formar y retener una fuerza laboral tan diversa como los clientes a los que prestamos servicios, y para fomentar un entorno laboral inclusivo en el que se aprovechen las fortalezas de las culturas y las personas. Estamos comprometidos con la equidad en las contrataciones, la retención de talento, el ascenso y la remuneración, y administramos todas nuestras prácticas y programas sin discriminación por motivos de raza, ascendencia, lugar de origen, color, origen étnico, ciudadanía, religión o creencias religiosas, credo, sexo (incluyendo el embarazo y las afecciones relacionadas con este), orientación sexual, características genéticas, condición de veterano, identidad de género, expresión de género, edad, estado civil, estatus familiar, discapacidad, o cualquier otro aspecto protegido por la ley vigente.
Nuestra prioridad es eliminar las barreras para garantizar la igualdad de acceso al empleo. Un representante de Recursos Humanos trabajará con los solicitantes que requieran una adaptación razonable durante el proceso de solicitud. Toda la información que se haya compartido durante el proceso de solicitud de adaptación se almacenará y utilizará de manera congruente con las leyes y las políticas de Manulife/John Hancock correspondientes. Para solicitar una adaptación razonable en el proceso de solicitud, envíenos un mensaje a .
**Modalidades de Trabajo**
Híbrido
Director, Finance Transformation
Posted 7 days ago
Job Viewed
Job Description
Analyze transformation opportunities to prioritize resources and optimize outcomes.
Lead and drive efforts to redesign finance processes.
Collaborate with process owners to identify areas for improvement; design and model change proposals that align with company objectives; execute and monitor new processes while maximizing their benefits.
Oversee the launch of new processes with a detailed plan that outlines deliverables, timelines, and milestones, including collaborating with the technology team to develop technical solutions.
Foster a tech-savvy culture within the finance organization.
Identify and track key performance indicators (KPIs) for the change initiative to evaluate benefits post-implementation.
Provide regular updates to project sponsors and stakeholders.
Partner with change enablement team to develop a structured approach to manage changes during the implementation of new processes.
Manage risks that could threaten the successful implementation of change initiatives.
Collaborate closely with the business analysis team to introduce technological tools that support new processes.
Collaborate with other functions to develop end-to-end processes that impact finance operations.
Partner with Group Finance to implement global transformation initiatives.
Lead the process redesign team as the team leader
Required Qualifications: Excellent communication skills to drive culture change and engagement of the new process
Hands-on project management experience for regional or global processes; digital literacy is a plus
Strong analytical, planning, execution, and problem-solving skills
Excellent communication and interpersonal skills; able to work under pressure and work well under time constraints
Excellent English written and verbal communication skills
Ability to lead a team with team members spread in various locations
Able to coach and develop a high-performance team
Preferred Qualifications: University graduated in Accounting, Finance, Information Technology, or relevant disciplines
In-depth understanding of Finance processes and systems is a plus
Ability to influence others to achieve a common goal
Challenging the status quo, proactive thinking, process minded, and delivery focused
Minimum 15 years of experience working in areas of Transformation in insurance, banking, or financial institutions
When you join our team: We’ll empower you to learn and grow the career you want.
We’ll recognize and support you in a flexible environment where well-being and inclusion are more than just words.
As part of our global team, we’ll support you in shaping the future you want to see.
About Manulife and John Hancock Manulife Financial Corporation is a leading international financial services provider, helping people make their decisions easier and lives better. To learn more about us, visit
Manulife is an Equal Opportunity Employer At Manulife/John Hancock, we embrace our diversity. We strive to attract, develop and retain a workforce that is as diverse as the customers we serve and to foster an inclusive work environment that embraces the strength of cultures and individuals. We are committed to fair recruitment, retention, advancement and compensation, and we administer all of our practices and programs without discrimination on the basis of race, ancestry, place of origin, colour, ethnic origin, citizenship, religion or religious beliefs, creed, sex (including pregnancy and pregnancy-related conditions), sexual orientation, genetic characteristics, veteran status, gender identity, gender expression, age, marital status, family status, disability, or any other ground protected by applicable law. It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Manulife/John Hancock policies. To request a reasonable accommodation in the application process, contact
. Working Arrangement Hybrid #J-18808-Ljbffr
Associate Director - Finance
Posted 9 days ago
Job Viewed
Job Description
Excellent communication and presentation skills If you are a results-driven finance professional with a passion for strategic leadership, we encourage you to apply for this exciting opportunity. Unlock job insights
Salary match Number of applicants Skills match Your application will include the following questions: Which of the following statements best describes your right to work in Malaysia? What's your expected monthly basic salary? Which of the following types of qualifications do you have? How many years' experience do you have as an Associate Director? Which of the following languages are you fluent in? Human Resources & Recruitment 11-50 employees Newbridge Alliance provides businesses with the digital solutions they need to excel in an increasingly shifting market. Based in Singapore with a key focus on the Far East and Greater China, we have worked with clients across the globe to access the right leadership to stay ahead of the digital curve. Through strategic and future-oriented executive search, we help businesses to find the best leaders of tomorrow across the digital-led sectors through our access to the talent businesses need. Additionally, our consulting services provide leaders across Asia and beyond with the means to drive real change. Newbridge Alliance is part of the CGP Group of Companies. EA Licence number: 20S0283 Newbridge Alliance provides businesses with the digital solutions they need to excel in an increasingly shifting market. Based in Singapore with a key focus on the Far East and Greater China, we have worked with clients across the globe to access the right leadership to stay ahead of the digital curve. Through strategic and future-oriented executive search, we help businesses to find the best leaders of tomorrow across the digital-led sectors through our access to the talent businesses need. Additionally, our consulting services provide leaders across Asia and beyond with the means to drive real change. Newbridge Alliance is part of the CGP Group of Companies. To help fast track investigation, please include here any other relevant details that prompted you to report this job ad as fraudulent / misleading / discriminatory. What can I earn as an Associate Director
#J-18808-Ljbffr
Director of Finance
Posted 1 day ago
Job Viewed
Job Description
With thousands of hotels in over 100 countries and territories, Hilton offers countless opportunities to delight. From an open door to a welcoming smile and an exceptional experience, we offer the millions of travellers who stay with us every year a welcome they will never forget. In addition to our flagship brand, Hilton Hotels & Resorts, the family of brands includes Waldorf Astoria, LXR, Conrad, Canopy, Curio Collection, DoubleTree, Hilton Garden Inn, Hampton, and many others.
If you appreciate the impact global travel can have on the world, you may be just the person we are looking for to work as a Hilton Team Member. Because it’s with Hilton where we never forget the reason we're here: to delight our guests, Team Members, and owners alike.
The Director of Finance is an integral part of the 4D structure within the hotel, providing support and technical expertise to other members of the team. This role is responsible for all accounting and financial requirements for the hotel in an environment of tight control. He/she will provide financial support, advice, and expertise to the General Manager and hotel team, with the aim of maximizing value and developing the quality of the Finance function within the hotel.
What will I be doing?As the Director of Finance, you will be responsible for performing the following tasks to the highest standards:
- Financial Accounting & Control: Best practice financial accounting processes in a robust control environment
- Overall management of the accounting records and financial reports of the hotel, ensuring compliance with company, owner, statutory, and fiscal requirements and timetables.
- Ensure that the balance sheet accurately reflects the assets and liabilities of the hotel, with regular reviews and reconciliations.
- Maintain a system of internal controls to provide effective control over assets, liabilities, revenue, and costs.
- Ensure legal and tax compliance, maintaining adequate insurance and managing pension schemes where applicable.
- Coordinate with internal and external audits, ensuring effective in-hotel audit programs and prompt corrective actions.
- Develop and review financial procedures to maximize impact and efficiency.
Qualifications include a university degree, finance/accounting certification (e.g., ACCA, CPA), at least 5 years of hotel accounting experience, including 2 years in a similar role with an international hotel, and proficiency in English and relevant systems such as OnQ, OPERA, MICROS, etc.
Working for Hilton offers a unique opportunity to be part of a leading global hospitality company committed to exceptional guest experiences and team member development.
#J-18808-LjbffrDirector of Finance
Posted 1 day ago
Job Viewed
Job Description
Coordinates the preparation and submission of accurate month end financial reports, including Profit & Loss Account, Balance Sheet and financial analysis, in compliance with PPHG's finance procedures and in line with PPHG reporting timetable.
Reviews monthly general journals and balance sheet reconciliations and ensure that these are appropriately supported and in accordance with PPHG finance procedures.
Performs monthly Profit & Loss review meetings with department heads and follow up any agreed corrective actions for variances noted.
Hotel AR, Credit, AP, Payroll, and Purchasing are managed by Singapore Shared Service Center (SSC). The key player in coordinating with SSC to drive efficiency.
Works closely with SSC for Monitors Accounts Receivable collection status. Ensures credit meetings are conducted monthly and follow up on agreed corrective actions.
Works closely with SSC in Hotel AP, Payroll, and Purchasing process and ensure a regular meeting with SSC team to improve the finance operation efficiency.
Coordinates the preparation of monthly Profit & Loss forecasts and annual budgeting process in line with PPHG and Owner requirements and timetables.
Prepares a monthly cash flow forecast and discusses with Executive Committee any corrective action required.
Monitors business results and provide clear and informed analysis to meet hotel requirements and to support decision-making. Make recommendations for potential revenue and profit enhancements.
Liaises with Department Heads regarding their performance against budget and provides them with information and training as required.
To source tenants, review prospective tenants' concepts, recommend and negotiate lease terms, handle all leasing activities, manage existing leases and tenant relations, and further manage the rental collection.
Based on your understanding of Hotel Properties, shopper, and tenant mix, work closely with PPHG Leasing Director and Owner office on placing suitable tenants.
Support the implementation of Financial Systems in the Hotel, particularly those that impact how the Finance Department works.
Ensure proper use and maintenance of Financial Systems (SAP full suite, Property Management System, Sales & Catering, and Point of Sale), including transaction, account code, security, and backup procedures.
Reviews submitted capital expenditure projects and monitor compliance with approved Capital Budget. Ensure approval requirements set out in PPHG finance policies and procedures and hotel management contract are complied with.
Oversees the maintenance of the Hotel fixed asset register.
Contributes to the senior management group's development of short- and long-term strategies and business plans.
Ensures that the Hotel has a good system of internal control in place and takes timely corrective action on any shortcomings that are highlighted by internal auditors and/or statutory auditors.
Ensures that financial statements are prepared in accordance with the applicable financial reporting standards and PPHG's finance policies.
Ensures the smooth conduct and completion of the annual statutory audit.
Coordinates the preparation of any required tax documentation and compliance relating to business taxes, foreign currency payments, withholding taxes, goods and services tax and income tax and ensure lodgement is completed as per required deadlines.
Manages, maintains, protects and develops the Hotel's information systems.
Ensures hotel insurances are in compliance with the hotel management contract. Liaises with PPHG Corporate department with regards to the renewal of policies and local insurance company and/or brokers in relation to any claims.
Ensures hotel supplier contracts are in compliance with PPHG finance policies and procedures and hotel management contract.
Monitors compliance with hotel management contract terms and conditions.
Monitors the Hotel's compliance with PPHG finance policies and procedures and to implement new policies and procedures where necessary.
Recruit and retain the best associates for the job, especially the senior position of the Finance Department. Make use of succession planning to develop and replace associates effectively. Establish and maintain good Associate relations within the Finance Department.
Aim to maximise efficiency in the Finance Department through automation. We should aim for optimum staffing levels – in many cases, which is not the case now. Recognize that a highly organised Finance Department is often a sign of an efficient department.
Develop the effectiveness of the hotel finance function through the ongoing education and development of the team. Lead and motivate the team to high levels of performance.
Interacts with department and hotel associates professionally and positively to foster good rapport, promote team spirit and ensure effective two-way communication.
Key Responsibilities and Requirements- How many years' experience do you have as a Finance Director?
- Which of the following statements best describes your right to work in Malaysia?
- What's your expected monthly basic salary?
- Which of the following types of qualifications do you have?
- Have you worked in a role where you were responsible for yield management?
- How much notice are you required to give your current employer?
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Director of Finance
Posted 2 days ago
Job Viewed
Job Description
Overview
With thousands of hotels in over 100 countries and territories, Hilton offers countless opportunities to delight. From an open door to a welcoming smile and an exceptional experience, we offer the millions of travellers who stay with us every year a welcome they will never forget. In addition to our flagship brand, Hilton Hotels & Resorts, the family of brands includes Waldorf Astoria, LXR, Conrad, Canopy, Curio Collection, DoubleTree, Hilton Garden Inn, Hampton and many others. If you appreciate the impact global travel can have on the world, you may be just the person we are looking for to work as a Hilton Team Member. Because it’s with Hilton where we never forget the reason we're here: to delight our guests, Team Members, and owners alike.
The Director of Finance is an integral part of the 4D structure within the hotel, providing support and technical expertise to other members of the team. This role is responsible for all accounting and financial requirements for the hotel in an environment of tight control. He / she will provide financial support, advice and expertise to the General Manager and hotel team, with the aim of maximizing value, developing the quality of the Finance function within the hotel.
What will I be doing?As the Director of Finance, you will be responsible for performing the following tasks to the highest standards:
Financial Accounting & Control- Overall management of the accounting records and financial reports of the hotel ensuring compliance with company, owner, statutory and fiscal requirements and timetables.
- Where applicable the above must include the accounts for Hilton International’s branch or subsidiary.
- Ensure that the balance sheet is a fair reflection of the assets and liabilities of the hotel. The balance sheet must be regularly reviewed, and reconciliations performed of all accounts.
- Ensure compliance with the Management agreement with Hilton International, and any Owner / Lease agreement.
- Maintain a focused system of internal controls, which will provide an effective and efficient control over the hotel assets, liabilities, revenue and costs, ensuring compliance with company policy.
- Maintain control over the hotel’s assets, liabilities, income and expenditure on behalf of both the Operator and Owner and provide management, leadership and accountability for the financial performance of the hotel.
- Ensure legal and tax compliance and that adequate insurance cover is maintained managing the pension scheme, where applicable, ensuring that adequate accounting, actuarial and legal controls are in place.
- Ensure valid permits and licenses have been obtained for such matters as importation, currency transfers and hotel operations (bars, clubs, casinos etc.).
- Take responsibility for the safekeeping and updating of all leases and contracts, which may affect the financial status of the hotel.
- Liaise and co-operate with both Internal and External Audit, ensuring that an effective programme of in-hotel audit is in place and that corrective action is promptly taken where required.
- Give particular emphasis to ensuring that all revenue is captured, making use of a monthly control checklist and conduct interim self-audits as required.
- Develop best practice financial accounting and control procedures, with continuous review and development with the aim of maximizing both impact and efficiency.
- Develop high quality management information and performance measurement that is timely and accurate. Reporting should be thought provoking and action oriented.
- Implement reporting that incorporates benchmarking, identification and measurement of key performance indicators, and use of the balanced scorecard. Reporting should not only look to historical performance within the hotel, but also outward and forward.
- Ensure corporate reporting is timely and accurate, internally consistent and that, inter alia, Datalink report, Pro-plant system, management reports, trends of operation reports, incremental conversion reports, profit and loss statements, balance sheets and cash flow reports reconcile to the trial balance. Maintain proof of such reconciliations which are conducted each month.
- Support and advice on financial and commercial matters to the General Manager and to the hotel team, including the interpretation of financial data.
- Review management information for the hotel and make proposals for the General Manager for value added initiatives. Where appropriate, play the “Devil’s Advocate” to challenge practices and proposals.
- Provide financial and commercial skills to support business development initiatives, major pricing decisions and other commercial decision-making.
- With Project Managers, support the implementation of financial systems in the hotel.
- With the ISM ensure proper use and maintenance of financial systems, including adequate security and back up procedures.
- Act as the guardian of the integrity of data flowing into the accounting system, ensuring that the control process is sound in systems that interface directly or indirectly with the accounting system.
- Work with colleagues to ensure that errors are corrected at source and processes amended as required to eliminate rather than correct errors.
- Continually develop the usage of financial systems in order to ensure highest levels of management reporting, processing and staffing efficiency and thereby return on investment.
- Utilize project evaluation techniques to assist in directing investment to those projects which optimize returns both for the individual project and the enterprise as a whole.
- Prepare annual capital plan and direct implementation of this plan, ensuring funding and necessary buying (e.g. Owners) are in place so that the note can be kept at the highest possible standard.
- Prepare and review the AFE, ensuring financial accuracy and sound commercial and business judgment is applied to the process, and that authorization is obtained prior to commitment of the hotel to expenditure.
- Perform post investment audit on major capital investments, communicating results of post investment reviews within the Management team and ensures actions are taken to learn from such results and maximize returns.
- Ensure compliance with HI capital policy, maintaining proper control and recording of project spends.
- Where applicable, prepare review and be involved in the production of financials for new developments and acquisitions.
- Take a support role to the General Manager in hotel strategic planning, with particular emphasis on Master-Planning and “thinking outside the box” to identify value opportunities.
- Manage the formulation, review and approval process for budgeting within the hotel.
- Ensure a regular cycle of forecasting takes place within the hotel with content and detail appropriate to the needs of the operation.
- Provides alerts to Senior Management and to Area Office via regular forecasts, outlook reports or via ad-hoc reporting concerning positive or negative trends in the business.
- Work with colleagues and the General Manager to ensure consistency and accuracy of communication regarding future trends in the business. Avoid surprises.
- Recruit and retain the best people for the job, especially at Assistant Controller level, making use of succession planning to develop and replace individuals effectively.
- Establish and maintain good employee relations within the Finance department.
- Aim to maximize efficiency in the accounting department and optimum staffing levels.
- Recognize that a highly organized Accounts office is often a sign of an efficient department.
- Develop the effectiveness of the hotel finance function through the ongoing training and development of the team.
- Lead and motivate the team to high levels of performance.
- Ensure that you manage to specific measurable objectives, giving regular feedback including appraisals.
- Both the Director of Finance and Assistant Financial Controller should have a personal development plan.
- Provide training to enhance the financial skills of the Management Team as a whole, utilizing tools such as Hilton University and Hilton LEXUE.
- Minimize the level of working capital, with particular emphasis on the management of debtors, stocks and sundry receivables.
- Maximize interest earnings and minimize interest expense.
- Maintain accurate cash flow forecasts for at least one year ahead, and ensure adequate notice is given to Hilton, and to Owners, of any future cash requirements.
- Ensure full reconciliation of all bank accounts on a weekly basis, maintaining the highest standards of control over all cash and bank balances at all times.
- The role of the Director of Finance is to establish robust credit control and credit management policies with the General Manager and the Commercial Director within the guidelines set out by Group Policy and following best practice principles – once established, the Director of Business Development applies such policies and controls.
- It is the responsibility of the Director of Finance to ensure that controls over accounts receivable are being applied correctly and to take action to rectify any problems identified if they are not.
- The Director of Finance must review all accounts receivables with the Commercial Director on a monthly basis and ensure that there are no recoverability issues.
- It is the responsibility of the Director of Finance to maintain an appropriate reserve for bad or doubtful debts.
- Understand and measure cost drivers for the hotel, utilizing innovative analysis to stimulate thought and management action.
- Ensure that adequate purchasing procedures are in operation so that purchases of goods and services are made in the most cost-effective manner.
- Benchmark costs against other hotels, identifying cost reduction opportunities and managing financial risks of the business.
- Set an example to the hotel by operating an efficient and cost-effective Finance department.
- The Director of Finance has a direct responsibility to the General Manager of the hotel combined with a responsibility to the Regional Finance Director for the maintenance of professional standards.
- In the rare event that this dual responsibility gives rise to a conflict, the matter must be referred to the Regional Ops VP and the Regional Finance Director for guidance.
- The appointment dismissal and transfer of the Director of Finance is made by the Regional Finance Director / Area VP Finance in consultation with the hotel General Manager.
- No changes to the remuneration package of any Director of Finance (or Assistant Controller) may be made without the written approval of the Regional Finance Director / Area VP Finance.
- The Director of Finance has unlimited rights of access to all financial figures and facts of the operation.
- The Director of Finance exercising reasonable tact may visit any department to ask questions and make any study in fulfilment of his / her duties.
- The General Manager must consult the Regional Finance Director / Area VP Finance over the completion of any appraisal or Personal Development Review for the Director of Finance.
- Any bonus scheme for the Director of Finance must be agreed with the Regional Finance Director / Area VP Finance in advance.
To successfully fill this role, you should maintain the attitude, behaviours, skills, and values that follow:
- University qualification and above.
- Finance / Accounting major and certified, e.g. ACCA/ CPA.
- 5 year in hotel accounting with at least 2 years in similar position with an international hotel.
- Fluent in oral and written English to meet business needs.
- Possess system skills in OnQ, Check SCM, SUN, OPERA / OnQ PMS, MICROS, HRLINK,
- Proficient in Microsoft Windows, Word, Excel and PowerPoint.
Hilton is the leading global hospitality company, spanning the lodging sector from luxurious full-service hotels and resorts to extended-stay suites and mid-priced hotels. For nearly a century, Hilton has offered business and leisure travellers the finest in accommodations, service, amenities and value. Hilton is dedicated to continuing its tradition of providing exceptional guest experiences across its global brands. Our vision to fill the earth with the light and warmth of hospitality unites us as a team to create remarkable hospitality experiences around the world every day. And, our amazing Team Members are at the heart of it all!
Work LocationDoubletree by Hilton Putrajaya
ScheduleFull-time
BrandDoubletree by Hilton
JobFinance
#J-18808-LjbffrDirector of Finance
Posted 2 days ago
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Job Description
Overview
Job Description - Director of Finance (HOT0BSVP)
Director of Finance is an integral part of the hotel leadership, providing support and technical expertise to other members of the team. This role is responsible for all accounting and financial requirements for the hotel in an environment of tight control. The Director of Finance will provide financial support, advice and expertise to the General Manager and hotel team, with the aim of maximizing value and developing the quality of the Finance function within the hotel.
Responsibilities- Financial Accounting & Control : Best practice financial accounting processes in a robust control environment. Overall management of the accounting records and financial reports of the hotel ensuring compliance with company, owner, statutory and fiscal requirements and timetables. Include accounts for Hilton International’s branch or subsidiary where applicable. Ensure the balance sheet fairly reflects assets and liabilities; perform regular reviews and reconciliations. Ensure compliance with the Management agreement with Hilton International, and any Owner / Lease agreement. Maintain an internal control system to provide effective control over hotel assets, liabilities, revenue and costs in line with company policy. Manage assets, liabilities, income and expenditure on behalf of Operator and Owner; provide leadership for financial performance. Ensure legal and tax compliance and adequate insurance cover; manage pension where applicable; ensure accounting, actuarial and legal controls are in place. Obtain valid permits and licenses for matters such as importation, currency transfers and hotel operations. Take responsibility for safekeeping and updating of leases and contracts affecting financial status. Liaise with Internal and External Audit and ensure an effective in-hotel audit is in place with corrective actions as required. Emphasize revenue capture using monthly control checklists and interim self-audits as required. Develop best practice financial accounting and control procedures with ongoing review to maximize impact and efficiency.
- Management Reporting : Develop high quality management information and performance measurement that is timely, accurate, thought-provoking and action-oriented. Implement reporting with benchmarking, KPI identification and use of a balanced scorecard. Ensure corporate reporting is timely and accurate; reconcile management reports, trends, cash flow reports, balance sheets and other reports to the trial balance with monthly reconciliations.
- Business Support : Provide financial and commercial support to the General Manager and hotel team, including interpretation of financial data. Review management information and propose value-added initiatives; challenge practices and proposals when appropriate. Support business development initiatives, major pricing decisions and other commercial decisions.
- Information Technology & Systems : Optimize IT use in the finance department to improve efficiency. Support implementation of financial systems; ensure proper system security and backups. Act as guardian of data integrity in accounting systems; ensure interface controls are sound. Work with colleagues to correct errors at source and continually develop system usage for better reporting and efficiency.
- Investment – Optimizing returns on capital investment: Use project evaluation techniques to direct investment to projects that maximize returns. Prepare annual capital plan and direct implementation, ensuring funding and approvals. Prepare and review Authorization for Expenditure (AFE) with sound judgment and obtain authorization prior to expenditure. Perform post-investment audits and communicate results to the Management team; ensure actions are taken to maximize returns. Ensure compliance with Hilton capital policy and control of project spends. Involved in financials for new developments and acquisitions where applicable.
- Looking Ahead – Operating against strategic plans and budgets with accurate forecasting: Support General Manager in strategic planning (Master-Planning and value opportunities). Manage budgeting processes; ensure regular forecasting cycles with appropriate detail. Provide alerts to Senior Management and Area Office via forecasts and reports on trends; work to ensure consistency and avoid surprises.
- Investment in People – Ensuring the best person in each job and continuous development: Recruit and retain talent, esp. at Assistant Controller level; establish good employee relations within Finance; maximize department efficiency and staffing levels. Develop and lead a high-performing team with regular feedback and appraisals; ensure personal development plans for Director of Finance and Assistant Financial Controller; provide training to enhance financial skills of the Management Team using Hilton resources.
- Cash & Working Capital : Optimize cash position with tight controls. Minimize working capital, manage debtors, stock and sundry receivables; maximize interest earnings and minimize interest expense. Maintain accurate cash flow forecasts for at least one year ahead and provide advance notice to Hilton and Owners for future cash needs. Ensure weekly reconciliation of all bank accounts and maintain high standards of cash control. Establish robust credit control policies in alignment with Group Policy; ensure receivables controls are applied and issues are addressed promptly. Review receivables with Commercial Director monthly and maintain appropriate bad debt reserves.
- Cost Management : Understand and measure cost drivers; ensure purchasing procedures are cost-effective. Benchmark costs with other hotels and identify cost reduction opportunities; model financial risks. Lead a cost-conscious Finance department and set an example for the hotel.
To successfully fill this role, you should maintain the attitude, behaviours, skills, and values that follow:
- University qualification or above.
- Finance / Accounting major and certified (e.g., ACCA/ CPA).
- 5 years in hotel accounting with at least 2 years in a similar position with an international hotel.
- Fluent in oral and written English.
- System skills in OnQ, Check SCM, SUN, OPERA / OnQPMS, MICROS, HRLINK.
- Proficient in Microsoft Windows, Word, Excel and PowerPoint.
Hilton is the leading global hospitality company, spanning the lodging sector from luxurious full-service hotels and resorts to extended-stay suites and mid-priced hotels. For nearly a century, Hilton has offered business and leisure travellers the finest in accommodations, service, amenities and value. Hilton is dedicated to continuing its tradition of providing exceptional guest experiences across its global brands. Our vision is to fill the earth with the light and warmth of hospitality, uniting us as a team to create remarkable hospitality experiences around the world every day. Our Team Members are at the heart of it all.
#J-18808-LjbffrDirector of Finance
Posted 6 days ago
Job Viewed
Job Description
Overview
Director of Finance role at Hilton. As the Director of Finance, you will take charge of the hotel’s financial operations, providing strategic guidance to ensure profitability, compliance, and sustainable growth. You will be responsible for financial planning, reporting, budgeting, and compliance, working closely with the senior leadership team to align financial strategies with the hotel’s business objectives. You will lead the finance team, optimize financial processes, and provide actionable insights to support decision-making, with a strong focus on compliance, risk management, and operational efficiency to maintain the hotel’s financial integrity and success.
What will I be doing?As the Director of Finance, you will be responsible for performing the following tasks to the highest standards:
- Strategic Financial Leadership: Develops and implements financial strategies that align with the hotel’s goals and objectives; provides financial guidance to the General Manager and senior leadership team to support strategic decision-making.
- Budgeting & Forecasting: Oversees the preparation and management of annual budgets and financial forecasts; monitors financial performance, identifies variances, and implements corrective actions to ensure targets are met.
- Financial Reporting & Analysis: Ensures accurate and timely preparation of financial statements, including profit and loss statements, balance sheets, and cash flow reports; conducts financial analyses to identify trends, risks, and opportunities for improvement.
- Compliance & Risk Management: Ensures compliance with local financial regulations, company policies, and international accounting standards; identifies financial risks and develops strategies to mitigate them.
- Team Leadership & Development: Leads and mentors the finance team, fostering a culture of excellence and continuous improvement; sets performance goals for the team and ensures professional development opportunities are available.
- Cost Control & Process Optimization: Implements and monitors cost control measures to maximize efficiency and profitability; reviews and optimizes financial processes to enhance accuracy and operational performance.
- Audit Support & Coordination: Manages internal and external audits, ensuring timely and accurate provision of documentation; addresses audit findings and ensures implementation of recommended improvements.
- Collaboration & Communication: Works closely with other department heads to ensure alignment on financial and operational objectives; communicates financial results and strategies effectively to stakeholders.
- Bachelor’s degree in Accounting, Finance, or a related field; ACCA, CPA, CMA.
- Minimum of 8-10 years of experience in financial management, with at least 3 years in a senior leadership role, preferably in the hospitality industry.
- Pre-opening experience is an added advantage.
- Extensive knowledge of financial reporting standards, budgeting, and forecasting.
- Possess system skills in OnQ, Check SCM, SUN, OPERA / OnQ PMS, MICROS.
- Proficient in Microsoft Windows, Word, Excel and PowerPoint.
- Strong leadership and team management abilities.
- Exceptional analytical and problem-solving skills.
- Excellent communication and interpersonal skills to collaborate effectively across departments and with stakeholders.
- Strong organizational and time-management skills with the ability to manage multiple priorities.
Hilton is the leading global hospitality company, spanning the lodging sector from luxurious full-service hotels and resorts to extended-stay suites and mid-priced hotels. For nearly a century, Hilton has offered business and leisure travellers the finest in accommodations, service, amenities and value. Hilton is dedicated to continuing its tradition of providing exceptional guest experiences across its global brands. Our vision is to fill the earth with the light and warmth of hospitality, uniting us as a team to create remarkable hospitality experiences around the world every day. Our Team Members are at the heart of it all!
Work LocationHilton Burau Bay Langkawi
ScheduleFull-time
BrandHilton Hotels & Resorts
JobFinance
Seniority levelDirector
Employment typeFull-time
Job functionFinance and Sales
IndustriesHospitality
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