Head of Finance

Hyatt Place Kuala Lumpur, Bukit Jalil; Kuala Lumpur; On-site; MYR 240,000 - 420,000; Full time

Benefits offered by this job

Competitive salary

Employee discounts

Medical coverage

Annual leave

Job summary

Hyatt Place Kuala Lumpur, Bukit Jalil is seeking a seasoned Head of Finance to lead the Finance & Administration Division, driving GOP targets, budgeting, and owner reporting. You will also oversee IT and purchasing functions, ensuring alignment with Hyatt's standards and strategic goals.

The role requires a strong track record in international hotel finance, bilingual communication, and the ability to manage multiple departments in a fast-paced property environment.

Qualifications

• Minimum 8 years in a senior role in an international hotel finance department.
• Experience with 250+ room properties and pre-opening finance is an advantage.
• Bachelor's degree in Finance or Accounting; professional certification desirable.
• Fluent in English and Bahasa Malaysia; Mandarin/Taiwanese dialects are a plus.

Responsibilities

• Lead the finance and administration department to ensure GOP targets and cash flow.
• Oversee financial planning, budgeting, accounting and reporting.
• Coordinate owner reporting and liaison with corporate leadership.
• Supervise IT function and hotel back-office systems.
• Ensure timely, accurate management reporting and cost control.

Skills

Hotel operations

Finance reporting

Team leadership

Stakeholder communication

English & Bahasa Malaysia

IT supervision

Forecasting tools

Negotiation

Problem solving

Education

Degree in Finance or Accounting

CA certification

MAICSA membership

Tools

Finance reporting software

Microsoft Office

Hotel back-office systems

Job description

Come and join us in our journey as we care for people so they can be their best! We believe that being your best is about being your true self - engaged, fulfilled and ready to take on the world.

Hyatt Place Kuala Lumpur, Bukit Jalil- is the first Hyatt Place hotel in Malaysia. Located in Bukit Jalil, an affluent suburb located within the southern corridor of Kuala Lumpur, The hotel features 250 guestrooms, a three-meal restaurant, Ballroom and meeting rooms and flexible event space, Rooftop restaurant a fitness centre, and a sky pool.

We are currently looking for an experienced Head of Finance to lead the finance and administrative department and be responsible for all aspects of finance, accounting, purchasing and information technology.

You will direct and manage to ensure the smooth and efficient operation of the Finance & Accounting Division while maintaining Hyatt Hotel's high standards of Financial Management. You will also be responsible for the efficient running of the department in line with Hyatt International's Corporate Strategies and brand standards, whilst meeting associate, guest and owner expectations.

In addition to the finance department, this position will also oversee the administrative departments of the hotel, through planning, organizing, directing and controlling the finance Department, Information Systems, Purchasing and Purchasing via policies and procedures, operation and administration

As a member of the hotel’s senior management team, the Head of Finance and Administration, is a highly visible role with exposure to Senior and Corporate leadership.

This position reports to the hotel General Manager.

An individual with an entrepreneurial spirit and a prominent member within the industry, you will be confident and driven in your approach. You are business savvy and are known for your ability to communicate and negotiate at all levels, are detail orientated and must be able to improve the bottom line and problem-solve with employees and guests. Must be able to manage multiple priorities in a fast-paced environment and be constantly hands on and ready to lend expertise within other departments of the hotel.

Key Qualifications and requirements:

• Demonstrate a proven track record (at a senior level) of hotel operations - of meeting and exceeding GOP targets, Positive cash flow management and high profit flow through.
• Demonstrate an ability to use Finance Management Reporting Systems order to make fact based decisions that makes commercial sense and will benefit the profitability and efficiency of the hotel
• Previous hotel finance experience with hotel properties or serviced residences that have over 250 rooms will be preferred due to the complexity of the financial management process. Previous hotel pre-opening experience in finance matters, will be a significant added advantage
• Possess a Degree in Finance or Accounting. CA certification will be an added advantage. Certified member with the Malaysian Institute of Accountants is necessary.
• A minimum of 8 years or more work experience in a senior role within an international chain hotel finance department and have led a team of finance associates.
• Demonstrate the ability to effectively interact with people of diverse socioeconomic, cultural, and ethnic backgrounds
• Fluent in written and spoken English and Bahasa Malaysia is required. The ability to converse in local Malaysian Chinese dialects is an added advantage
• Demonstrate the ability to manage and lead hotel on-site accounting functions to ensure proper fiscal management, timely and accurate reporting and analysis for the hotel. This responsibility also includes hotel financial planning, budgeting, accounting and cash management
• Be confident in assisting to nurture the important relationship with the owners. Be responsible for supervising and coordinating owner reporting as required.
• Demonstrate a flair to prepare and review all monthly and annual financial statements. Investigate, review and analyze the variance explanations, involving the department managers in this process. Take initiative to manage trouble shooting for respective cost controls and revenue enhancement
• Demonstrate the ability to supervise the Information Technology function. Additionally have a sound understanding of the hotel operational and back office systems as well as Microsoft Office products
• Demonstrate the ability to have a sound understanding of the forecasting system and the tools from Revenue Management to ensure forecasting accuracy is achieved.

Benefits & Package

At Hyatt, we care for people so they can be their best. As part of our team, you will enjoy a competitive remuneration package and comprehensive benefits, including:

• Competitive salary with performance-based incentives.
• Hyatt Associate Discount Program with discounted accommodation rates at Hyatt hotels worldwide.
• Complimentary duty meals during working hours.
• Medical and hospitalization coverage.
• Group insurance coverage.
• EPF, SOCSO and EIS contributions in accordance with Malaysian regulations.
• Annual leave and public holiday entitlements.
• Learning and development opportunities through Hyatt's world-class training programs.
• Career growth and international mobility opportunities within Hyatt's global portfolio.
• Employee recognition and engagement programs.
• Uniform and laundry services (where applicable).
• Employee wellness initiatives.
• Free on-site parking (subject to hotel policy).