Our client is a prestigious international hospitality group with a prominent presence in vibrant cities around the globe, including New York, London, and Dubai. Renowned for their culinary excellence and commitment to sourcing the finest ingredients, they deliver exceptional service, elevating every dining experience. With an impressive collection of distinguished international awards, the group has firmly established itself as a leader in the global hospitality arena.
The Role
We are seeking a highly skilled and strategic Global Controller to enhance the reporting and financial processes across our global operations. The ideal candidate will possess extensive experience in multi-unit financial management, particularly within the restaurant or hospitality industry, and will adeptly navigate complex international financial landscapes. This multifaceted role demands not only technical financial expertise but also strong leadership, strategic thinking, and a collaborative mindset.
As a key player in shaping our financial landscape, the Global Controller will drive strategic initiatives, improve processes, and ensure compliance across the organization. This position is vital for supporting our ambitious growth plans while maintaining financial integrity and operational efficiency, ensuring the company is well-positioned for success in the competitive global hospitality industry.
Requirements
Financial Leadership
- Strategic Alignment : The Global Financial Controller will be a key partner to the Global CFO in shaping all financial strategy. This includes analyzing financial data, market conditions, and business operations to inform long-term planning. They will help set financial goals and benchmarks that align with the overall vision of the group.
- Decision Support : By providing accurate financial forecasts and analyses, the controller will enable the executive team to make informed decisions regarding investments, cost management, and resource allocation.
Team Management
Mentorship and Development : The controller will play a vital role in mentoring geographically-distributed finance team members, helping them grow their skills and advance their careers. This includes oversight of work product providing feedback, conducting performance evaluations, and facilitating training opportunities.Collaboration : Fostering a collaborative culture within the finance team will be essential. The controller will work with team members to encourage open communication and collective problem-solving.Oversight of Third-Party Accountants
Coordination and Compliance : The controller will ensure that third-party accountants around the world meet the company’s financial reporting standards and compliance requirements. This involves regular communication and coordination to ensure accuracy in financial reporting across different jurisdictions.Performance Evaluation : They will assess the performance of external accountants and provide feedback to ensure that they meet the needs of the company.Standardization of Accounting Processes
Best Practices Development : The controller will develop and document standardized accounting practices to ensure consistency across all locations. This includes creating templates for financial reporting and establishing uniform procedures for recording transactions.Cross-Regional Collaboration : They will work closely with regional finance teams to gather input and ensure that standardized processes accommodate local needs while maintaining overall consistency.Close Calendar : The controller will ensure timely financial close by establish timeline, setting calendar for team, and holding team and self accountable to close each month on time.Process Improvement
Root Cause Analysis : The controller will conduct assessments to identify the root causes of inefficiencies in existing financial processes, such as delays in month-end close or inaccuracies in forecasting.Implementation of Solutions : They will lead initiatives to implement solutions, which may involve adopting new technologies, refining existing processes, or reorganizing workflows to enhance efficiency.Compliance and Tax Management
Regulatory Awareness : The controller will stay informed about changes in accounting regulations and tax laws across the different countries in which the company operates. This knowledge is crucial for ensuring compliance and avoiding financial penalties.Cross-Border Transactions : Managing currency exchanges, intercompany transactions, and transfer pricing will require the controller to develop strategies that minimize tax liabilities while ensuring compliance.Financial Reporting
On-Time Monthly Close : The controller will take ownership for on-time monthly close and issuing reports.Real-Time Metrics : Beyond traditional financial statements, the controller will develop dashboards that provide real-time insights into key performance indicators (KPIs).Transparency : The controller will ensure that financial reports are clear and comprehensible, promoting transparency and trust among stakeholders.Budgeting
Budget Setting : The controller will lead annual budget setting process.Measurement Against Budget : Lead team to develop reports that measure and analyze variance to budget.Support for Growth Initiatives
Market Analysis : The controller will analyze potential new markets for expansion, assessing financial viability and risks associated with entering those markets. Develop new restaurant feasibility models.Budgeting for New Openings : They will assist in creating detailed budgets (including pre-opening budgets) for new restaurant openings, ensuring that financial projections are realistic and aligned with the company’s strategic goals.Audit Coordination
Preparation and Documentation : The controller will ensure that all financial records are accurate and well-organized in preparation for audits. This includes maintaining thorough documentation of financial transactions and internal controls.Accounting Clean-Up : Lead clean-up of accounting records.Post-Audit Improvements : After audits, the controller will review findings and implement necessary changes to improve processes and controls, enhancing the financial integrity of the organization.Qualifications
A Bachelor’s degree in Finance, Accounting, or a related field essential.A CPA is required.Minimum of 7-10 years of experience in financial management, with a focus on multi-unit operations in the restaurant or hospitality sector preferred.Strong understanding of international accounting principles, cross-border financial transactions, and transfer pricing.Proficiency in financial software and ERP systems.Strong analytical skills with the ability to interpret complex financial data and communicate findings effectively.Demonstrated ability to lead and mentor venue finance teams, fostering a culture of collaboration and accountabilities.Excellent communication skills, both written and verbal, to effectively interact with line level staff, senior leadership and external partners.The role is full-time in the corporate office with occasional travel to operating markets. Seeking a self-starter and problem solver.
Diversity & Representation : Our client is committed to building and supporting diverse and representative communities, long-term career opportunities and extends Equal Employment Opportunities to qualified applicants and employees on an equal basis regardless of an individual's age, race, color, sex, religion, national origin, disability, sexual orientation, gender identity or expression, pregnancy status, marital status, military or veteran status, genetic disposition or any other reason protected by law.
Benefits
Offering a positive work environment and comprehensive benefits program;
Excellent and affordable Health care coverage including Medical, Dental and Vision401k planPaid Time Off including company recognized holidaysCommuter DiscountOpportunities for career growth and developmentSalary Range : $150,000 - $180,000 (dependent upon experience).
Additionally the position offers a 15% bonus structure, comprised of two components : Company performance and Personal performance.
Our client is committed to equitable and competitive compensation and benefits packages for our team and will consider many factors when extending offers of employment. Some of the factors we consider may include : qualifications of individual applicants against the position and business needs, years of relevant experience in role or industry, specific or unique skills, certifications or professional accreditations specific to the role, and the location in which the applicant lives and / or from which they will perform the role. The anticipated range for compensation shared here does not include any other components or benefits that may available.
