United States
Our foundation in family goes back to 1957, when entrepreneur Jay Pritzker purchased the original Hyatt House motel. Pritzker and his brother, Donald, worked to grow the Hyatt brand, powered by their belief in the importance of family and care. As of March 31, 2020, Hyatt is a global hospitality company with 20 premier brands and more than 900 hotel, all-inclusive, and wellness resort properties in over 65 countries across six continents.With more than 127,000 colleagues across 65 countries, we embrace all cultures, races, ethnicities, genders, sexual orientations, ages, abilities, perspectives, and ways of thinking. Our culture is one that empowers every individual to be his or her best, and such authentic connection inspires the way we care for each other and for our guests.Be a part of something bigger. Enjoy life every day. Make a difference in the lives of those around you. Love where you work. Join a company that values respect, integrity, humility, empathy, creativity, and fun. With careers spanning the globe, your perfect opportunity awaits. Discover why Hyatt is consistently ranked one of the world’s best places to work.
Industry : Hotels & Resorts
Department : Finance and Accounts
Location : Bangkok, Thailand
Level : Management
Posted : 18 Jan 2025
Job Role : Financial Manager
Recruiter : Hyatt Hotels
Job Ref : HOZ71885
Employment Type: Permanent
Job Type :
Validate Through : 2025-02-16
Salary Description: Competetive Salary Offered
Description
Industry Experience
1. Hospitality Industry Experience
• Prior experience in financial management for hotels, resorts, or hospitality businesses.
• Familiarity with hotel revenue management, cost control, and profitability analysis.
2. Operational Knowledge
• Understanding of hotel operations, including F&B outlets, rooms division, and ancillary services.
• Knowledge of industry-specific KPIs, such as ADR (Average Daily Rate), RevPAR (Revenue Per Available Room), and occupancy rates.
Technical Skills
1. Accounting Software Proficiency
• Experience with property management systems (PMS) like Opera or cloud-based PMS.
• Proficiency with financial software.
2. Advanced Excel Skills
• Expertise in data analysis, budgeting, and forecasting using Excel.
3. Knowledge of Financial Standards
• Familiarity with USALI, GAAP, IFRS, and other relevant accounting standards.
4. Technology
• Experience with hotel revenue management systems and integration of financial and operational data.
Core Competencies
1. Budgeting and Forecasting
• Ability to prepare and monitor budgets and financial forecasts.
2. Cash Flow Management
• Proven skills in managing cash flow, working capital, and capital expenditures.
3. Cost Control and Optimization
• Strong understanding of cost control strategies and expense reduction techniques.
4. Compliance and Auditing
• Knowledge of tax regulations, audits, and compliance specific to the hospitality industry.
Soft Skills
1. Leadership and Team Management
• Experience in managing finance teams and cross-departmental collaboration.
2. Attention to Detail
• Strong analytical and problem-solving skills with a keen eye for accuracy.
3. Strategic Thinking
• Ability to align financial strategies with the hotel's overall business goals.
4. Communication Skills
• Strong verbal and written communication skills to interact with stakeholders, owners, and regulatory bodies both of Thai and English.
Additional Desirable Qualities
1. Multitasking and Time Management
• Ability to manage multiple projects in a fast-paced environment.
2. Cultural Awareness
• Experience working with international teams or in diverse settings.
3. Crisis Management Skills
• Ability to manage financial challenges during periods of low occupancy or economic downturns.
Qualifications
Educational Qualifications
1. Degree in Accounting,
• A bachelor's degree in Accounting is required; a master's degree (e.g., MBA) is a plus.
2. Professional Certifications
• CPA (Certified Public Accountant), CMA (Certified Management Accountant), or equivalent certification is a plus.
Rishi star
Mumbai, India
Awesome hotel !!