Regional Finance Director, Choice Hotels Europe

CHN Choice Hotels International Services
22 Nov 2020
01 Dec 2020
Job role
Finance director
Contract type
Full time
This leader will be responsible for overseeing all financial matters related to Choice Hotels Europe, including annual and long–term financial planning, financial analysis, accounting, billing, treasury, cost and revenue optimization and management reporting. The Head of Finance will have the opportunity to influence the strategic direction and funding of our European business unit by identifying opportunities to improve the organization's growth and working with Choice associates around the globe to implement these opportunities.The Head of Finance will also be responsible for the management and development of a finance team located in various countries. In addition, this leader will develop best–in–class accounting and FP processes and form business partnerships with operations and support leaders in Europe, the United States and other parts of the globe to drive the growth of Choice Hotels in Europe.The Head of Finance needs to be comfortable managing the compliance requirements of a large global public company while wearing multiple hats and showing initiative and resourcefulness as required in a growing, local business unit.Primary Duties and Accountabilities:Accounting, Billing, Treasury, PayrollLead the accounting function for the European market. Manage a group of accountants to timely and accurately record and document all transactions. Responsible for accounting results to include our consolidated monthly, quarterly and annual financials as well as cash flow activityWork with local external auditors to complete annual financial audits and with internal auditors to comply with SOX requirements.Oversee the team responsible for the payroll function of all European employeesResponsible for all tax filings in the European market.Oversee the billing and collection processes, including hotel revenue reporting, application of payments and tracking of aging for AR.Oversee the accounts payable function.Financial Planning, Strategic Finance, Resource Allocation Lead the creation of the planning, budgeting and forecasting process across the organization (including monthly forecasts, annual budget and risk mitigation plan) following the HQ FP timelineIdentify initiatives to grow the profitability of the European business unit and partner with European SMEs to develop strong business case for new growth initiativesResponsible for the creation of the long–range plan for the European division through strong partnership with the strategy and operational teamsBusiness Performance and Reporting Partner with European leadership team to provide detailed insights and recommendations on the business unit's financial and operating performance vs. plan.Diagnose and influence the key drivers of performance and profitabilityDevelop a knowledge of the industry environment and trends to contextualize performance reportingManagement and LeadershipProvide financial and business leadership to the European finance team and business partners across Europe.Help set the strategy and operational priorities across the European team. Manage the workload of the team and deploy resources to deliver on key prioritiesIdentify new processes to enhance the accuracy of reporting and forecastingWork with third party vendors and identifies ways to create value–enhancing partnershipsBuild trusted relationships with senior leaders across the company through strong financial support, helping them meet business objectives, increase revenue and improve profitability.Manage employee life cycle process (recruiting, managing performance, talent development and career management)Oversee other office operations duties as needed and liaise with HQ facilities and HR functionsSkills, Education, Background, and Experience:BS Degree in Finance, Accounting, Economics or equivalent years of experience12+ years of financial analysis and/or accounting experience, preferably with hospitality industry experienceAbility to oversee the entire span of finance functions for a business unit, including accounting, treasury, financial planning and analysisCapacity for ambiguity and adaptability. Ability to work in a matrix organization across multiple time zones.This position is based in Amsterdam but requires proficiency in English. Professional knowledge of French and German is a strong asset for this position.Excellent business–savvy with a consultative approach; ability to influence and collaborate with senior level leaders across organizational linesStrong project management skills; ability to effectively lead implementation of key business initiatives. Ability to develop new processes and systems to optimize efficiency of finance organization.Comfortable navigating the requirements of a large US public company while wearing multiple hats as required in a smaller growing business unitAbility to communicate and explain complex financial issues to non–financial professionals and to interact well and gain trust with all levels within the organizationProficient in Microsoft Office, with advanced knowledge of Excel (financial modeling and analysis techniques)Experience with CPM/FP tools and ERP required. Peoplesoft a plus.Proven leader with experience building and managing high performance teamsStrong ethical nature able to foster an environment of governanceStrong drive for data integrity, process definition, and organizational alignmentResults–oriented with a strong sense of urgencyAble to travel 20% of the timeMust be able to uphold and model Choice's Values: Welcome and Respect Everyone, Be Bold, Be Quick, Listen, Be Curious and Show Integrity.Ability to model Choice's Cultural Values: Welcome and Respect Everyone, Be Bold, Be Quick, Listen, Be Curious and Show Integrity.