Head - Financial Planning & Analysis - Hospitality

Profile : Roles and Responsibilities

Areas of Responsibility & brief description

Corporate reporting:

The Corp FP&A will be responsible for issuing the financial reporting to the VFS EB and to the Kuoni group:

- statutory reporting

- any other reporting required by the Kuoni group

- Business reviews’ financial updates

- Dashboards as and when required by the VFS CFO and CEO

Financial planning:

The Corp FP&A head will be responsible for supporting the VFS EB in planning the business in terms of revenue, margin and resources:

- Yearly planning

- Mid-tern planning

- Resources planning as in IT, head-count, capital expenditures...

Finance projects:

- The Corp FP&A head will be responsible for designing and delivering the overall Finance systems and processes for the current business, and proactively design the systems and processes to support the mid-term and long-term strategy of the VFS group.

- This should be done in close collaboration and synchronization with the Kuoni group’s Finance systems and projects.

WW Cost management:

The Corp FP&A head will be responsible for designing and delivering top-class costs management across the whole VFS group.

- Design and maintenance of all costs centres

- Setting up tracking mechanism, budget vs actuals, for all projects: new lines of business, new visa centres, consolidation, IT projects, acquisitions, divestment…

Provide all supporting units, regions, and business development teams with the tools to:

- budget their costs annually

- adjust cost forecasts on a quarterly basis

- manage and control their costs on an ongoing basis

Accounting shared services:

The Corp FP&A head will be responsible for scaling the accounting function in order to:

- achieve economies of scale as the VFS group continues to extend in revenue, new businesses and new countries.

- re-focus the controllers on supporting the business.

This includes:

- tighter supervision of the accounting tasks performed by our accounting vendor

- designing common practices around key accounting processes like accounts accounting records, purchase to pay, hire to retire (payroll, comp & benefits), billing to cash…

Qualification & Experience (Education, Experience, specific knowledge, skills, understanding, attitude)

Education : Minimum : CA/ MBA in Finance /ICWA /MS in finance from reputed/premier institute

Experience:

- Minimum 15+ years of relevant experience in handling finance systems and processes

- Experience in advising business leaders and board in key investment decisions

- Experience in handling multi-cultural/global teams

Knowledge & Key Skills:

- Good communication skills

- Internal & External Customer Orientation

- Analytical skills & business understanding

- Understanding of Business Models

- Ability to Lead and Develop other staff

- Excellent Interpersonal skills