Subsidiary Finance Business Partner (Laundry Business)

Cathay Subsidiary Services consists of several independent departments that provides professional services to Cathay Pacific Airways Limited and its subsidiaries (the ‘Company’), including but not limited to Cathay Cargo Terminal, Cathay Dining, HAS by Cathay and Vogue Laundry Service Limited.

The selected candidate will be responsible for the overall financial management, reporting and forecasting of the subsidiary. The role is to ensure the provision of quality and timely management and financial information required for effective subsidiary management, and that drives continuous improvement of its efficiency and financial performance.

Key Responsibilities :

Oversee all finance related activities for the subsidiary.

Develop, drive and manage corporate and departmental Key Performance Indicators (KPIs), ensuring alignment of these to the overall strategic direction of the company.

Oversee the strategic planning process for the subsidiary to develop short and long-term forecasts for the business. Define data and inputs required from the central finance team to support the planning cycle.

Evaluate and advise on the impact of long-range planning, introduction of new initiatives / strategies and regulatory action, and their financial implications.

Develop and implement finance strategies, governance and internal controls in support of the vision, mission and service development of the business.

Identify and deploy new ways of working within own subsidiary in order to realise business benefits, and KPIs set, including working closely with the centralised finance team.

Lead the financial planning, budgeting and tracking of the financial performance of the company.

Set out subsidiary needs and KPIs for central finance team to deliver against.

Align with central finance team on appropriate service levels and agreements, track performance, and address any gaps.

Set risk management and insurance strategy. Monitor and resolve all risk, insurance and legal related issues impacting the business, including liaising with central finance team as needed.

Manage working capital, working closely with central finance team.

Optimise the financial resources of the company and drive the momentum for continuous improvement with respect to financial systems, procedures, and internal controls.

Work with the central finance team to ensure effective and efficient finance and accounting work processes are aligned and consistent across all the subsidiary businesses.

Design and maintain appropriate financial models to enable relevant information to be processed and delivered in a systematic manner to facilitate decision making.

Ensure effective control and governance of financial data privacy to reduce risk of data infringement.

Review and ensure proper finance related policies, procedures and work flows to ensure efficient and effective reporting mechanisms are in place.

Oversee external audit process in conjunction with the central finance team and corporate governance matters, to ensure compliance with the required accounting standards and ordinances and tax, and adequate internal controls are in place.

Other ad-hoc tasks as assigned.

Requirement :

Certified Public Accountant.

Bachelor’s degree in accounting or Finance, preferably Master Degree of Business Administration or related disciplines.

Minimum 10 years relevant working experience with at least 5 years in managerial role in accounting profession.

Preferably 5 years or more related finance & accounting experience in laundry business context.

Strong work ethic, detail oriented and good time management.

Proactive with strong analytical and numerical skills.

Good command in both written and spoken English and Chinese (Mandarin and Cantonese).

We offer a competitive remuneration package and a full range of benefits. To all interested applicants, please indicate the applied position on your personal resume and expected salary , and submit your application through one of the following channels :

In-person or by mail :   Cathay Subsidiary Services - Talent Acquisition Team, People Department, Cathay Pacific Catering Services (HK) Limited, 11 Catering Road East, Hong Kong International Airport, Lantau, Hong Kong, China.

JobsDB submission :  Submit your application via  JobsDB Apply Now .

If you have any inquiries, please feel free to contact 2450 2103 / 2450 2031 to Talent Acquisition Team, People Department.

The personal data collected in this application form will be used by Cathay Subsidiary Services to support recruitment and employment related operations in the subsidiaries of Cathay Pacific Airways Limited, including but not limited to Cathay Pacific Catering Services Limited, Cathay Pacific Services Limited, Hong Kong Airport Services Limited and Vogue Laundry Service Limited (“Company”, “we” or “us”). Applicants not being invited for an interview within eight weeks may be considered their applications unsuccessful. We may retain the personal data of unsuccessful applicants for future recruitment purposes for two years.