Job Title: (Position Filled) VP Finance - Casino
Location: Asia
The Role
A large integrated High-End Casino Resort is seeking an experienced and knowledgeable VP of Finance to join their multinational team.
Strategy
Work with the executive team to grow the business, formulating strategies and plans to achieve the strategy approved by the Board of Directors
Lead and manage the budgeting process including formulation of annual operational budgets and capital expenditure programs
Formulation of forecasts on a quarterly basis or as required by the company’s Directors
Ensure risk management strategy in place and, with the involvement of the Board of Directors, appropriate insurance covers to mitigate insurable risks where applicable
Main Responsibilities
Responsible for all operational finance areas including:
Overall control of all financial transactions and accountancy matters
Responsible for all external audit related matters
Presentation of annual accounts with recommendations
Review of accounts and investigation of variances, then setting recovery plans
Oversee the balance sheet account reconciliation process and manage the appropriate timely remedy of outstanding items
Responsible for overall cash management on an ongoing basis and treasury related matters
Ensuring proper control over the capital expenditure process – evaluation and preparation of submissions for consideration
Preparation of feasibility studies and ensuring, with the involvement of the executive team in each area, overall operational efficiency
Involvement in commercial negotiations with suppliers where appropriate and overall responsibility for the Supply Chain Management strategy
Ensuring that the regulatory requirements of the appropriate statutory bodies are understood and complied with directly related to the finance function
Involvement in IT related matters to ensure best practice and latest technology advances applied to the business where appropriate
Human Resources
Lead and develop the finance team, including manpower planning, appropriate job descriptions and employee development
Ensure the performance management review process is in place and utilize the same to assist with the annual remuneration review for all employees (for budget preparation)
Communication and Reporting
Oversee the preparation and submission of daily, weekly and monthly updates including daily revenue reports
Prepare where required management reports detailing performance and present to the Board of Directors as required, as well as quarterly and annual Board updates.
Ensure regular engagement with stakeholders related to finance matters and manage relations with stakeholders as necessary
Person Specification
Degree in Finance/Accounting is required
Finance qualification with appropriate levels of experience
Appropriate commercial and business experience
Exceptional communication skills at all levels
Ability to handle high levels of pressure and critical decision making
To discover more contact Steven Jackson on steven@grs-recruit.com