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krzysztof grzelak, Director of Finance

krzysztof grzelak

Director of Finance·Andaz Dubai The Palm

United Arab Emirates

Master's degree, Accounting and Finance

Work experience

Total years of experience: 17 years, 5 months

Director of Finance

November 2019 - Present

Andaz Dubai The Palm

Dubai, United Arab Emirates

November 2019 - Present

•Responsible for opening new hotel
•Responsible for short and long term planning and the management of the Accounting function
•Part of hotel management as a member of the Hotel Leadership Committee
•Managing and leading hotel on-site accounting functions to ensure proper fiscal management, timely and accurate reporting and analysis for the hotel
•Hotel financial planning, budgeting, accounting and cash management
•Nurturing and maintaining owner relationship
•Responsible for supervising and coordinating owner reporting.
•Managing SOX compliance
•Responsible for preparation and final review of annual business plans

Company industry:
Hospitality & Accomodation
Job role:
Accounting and Auditing

Cluster Director of Finance

October 2015 - October 2019

Hyatt Hotels in Dubai

Dubai, United Arab Emirates

October 2015 - October 2019

•Overseeing operation of the Cluster Finance office for 12 Hyatt properties in Dubai, UAE
•Liaising with General Managers and Area Management on a daily basis (statements, presentations, reports- Uniform System of Accounts for the Lodging Industry)
•Leading budgeting and forecast processes
•Implementation of accounting systems and corporate procedures for AP/AR/Payroll/Reporting/Management accounting.
•Finance support for hotel pre-openings
•Responsible for VAT implementation in all Hyatt properties in Dubai in

Company industry:
Hospitality & Accomodation
Job role:
Accounting and Auditing

Director of Finance

May 2013 - September 2015

Hyatt Regency Dushanbe

Tajikistan

May 2013 - September 2015

•Responsible for effective planning, execution, and oversight of all financial and fiscal management for all company operations
•Providing strategic leadership for the company and managing accounting, budgeting and administrative processes
•Optimizing costs of Payroll/Benefits for operating and admin departments
•Leading a team of 12

Company industry:
Hospitality & Accomodation
Job role:
Accounting and Auditing

Deputy Director of Finance

April 2011 - May 2013

Hyatt Regency Wasaw

Poland

April 2011 - May 2013

•Overseeing all financial aspects of the hotel and company books
•Implementation of P&P for Finance department according to Hyatt’s requirements
•Managing of budgeting and forecasting processes
•Responsible for cooperation with external and internal auditors, tax authorities, preparing VAT and CIT tax returns
•Improvement of reporting system by reviewing and eliminating unnecessary reports, whilst maintaining the importance of delivered data
•Leading the team of 7

Company industry:
Hospitality & Accomodation
Job role:
Management

Chief Accountant

January 2009 - March 2011

Hyatt Regency Wasaw

Poland

January 2009 - March 2011

•Daily and monthly booking control (AR, AP, Payroll, GC)
•Month-end and year-end financial processes management
•Preparation of the Financial Statements (BS, CF, P&L)
•Preparation of VAT and CIT tax returns
•Preparation of annual budgets and financial forecasts
•Leading a team of 6

Company industry:
Hospitality & Accomodation
Job role:
Accounting and Auditing

Education

Higher School of International Trade and Finance, Fryderyk Skarbek University in Warsaw

June 2009

June 2009

Master's degree, Accounting and Finance

Poland

Skills

Analytics
Expert
Analytics
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Budgeting
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Budgeting
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Auditing
Expert
Auditing
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Management
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Management
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Planning
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Planning
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FINANCE
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FINANCE
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BUDGETING
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BUDGETING
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FINANCIAL STATEMENTS
Expert
FINANCIAL STATEMENTS
Expert
MANAGEMENT
Expert
MANAGEMENT
Expert
Analytics
Expert
Analytics
Expert
Budgeting
Expert
Budgeting
Expert
Auditing
Expert
Auditing
Expert
Management
Expert
Management
Expert
Planning
Expert
Planning
Expert

Languages

English
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Polish
Expert