Ferdinando R Email and Phone Number
Strategic leader with a demonstrated history of building and leading high-performing teams and a seasoned hospitality professional who considers to-be tech-savvy individual on top of possessing high levels of financial acumen.I am recognized for my success of being influential and goal-driven leadership approach with a reputable track record in financial management, project management, business continuity & development, treasury management, resource planning, streamlining bottom lines for owners, financial process re-engineering through implementing robust change management strategies, with an aptitude for skillfully handling crisis management proceedings along with executing quality assurance methods to optimize costs and operations without disrupting brand values and customer experience.Notable achievements include:-Transformed business segment to become highly profitable and compliant-Process design and development - Introduced a new PMS, ERP, POS, and billing system and helped reducing the F&B operational costs by 12%.-Managing CAPEX investment ranging from US$ 20M to US$ 100M for strategic development projects to have Improved outlook of the original project by recommending innovative construction solutions for upgrading common areas, F&B outlets, guest rooms, maximising guest experience as per requirements of the Ministry of Tourism-Managed CAPEX re-investment of USD 3-5M annually by heading the commencement and execution of major renovation works, including the complete renewal of rooms and common areas-Has guided the leadership team to achieve cluster revenue goals of USD 82M value annually to secure a consistent bottom line of 46% GOP and EBITDA of 37% overall resort-Administering & influencing the entire operational process to meet the management rights commitment of USD 20M annually (per bed rent model)-Led 100% acquisition of hotel property facilities in the Maldives by negotiating the sale and managing the transition to holdings control, including implementation of property management & financial systems, recruitment and placement of a management team, and continued to serve the Board of Directors of Entities-Contributing to the success of establishing overall accounting systems related to finance in the hotels during the pre-opening stages of 5 new properties and three partial pre-openings, and setting up of internal control environment that meets the international branding requirements together with standard operating procedures in my career terms
Confidential
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- pmah.med.sa
- Employees:
- 581
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Chief Business OfficerConfidential Aug 2023 - PresentEast AfricaHotels construction management, hotel renovation projects management, and rebranding hotels.Pre-opening and opening 5-star Hotel and residence apartments.operations and financial planning using a data-driven approach, that guides businesses on market segment evaluation and development. Manage all financial aspects and ensure compliance with company policies, and applicable accounting standards, as well as related regulatory reporting requirements and tax filings. -
Ceo/Strategic AdvisorDickoya Dairies Ltd Feb 2022 - Nov 2023Western Province, Sri LankaOperational and strategic decisions for the portfolio, and development of the portfolio as a management company in Sri Lanka.Deep reorganization of the group, the management structure in the holding company and SBUs, in order to improve significantly the efficiency and profitability of the group.established an environmental management system for the company and have worked to increase its sustainability by reducing resource consumption and implementing energy efficiency measures.fostered strong relationships with external stakeholders, such as local government and community groups, to ensure that the company’s sustainability initiatives are successful.
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Director/CfoDickoya Dairies Ltd Jun 2021 - Nov 2023Colombo, Western, Sri LankaCrafting financial vision while driving a major transformation initiative to create lean organization structures for Operating Companies within the local region by consolidating all IT and Business Support Processes under one legal and operating entity in Colombo providing operational support, Consultancy, Service Delivery Management, and Project Management The position has regional responsibility to manage the Business Process Operations, Service Delivery, culture and communication, Skills Development Centre and the Continuous Process Improvement Departments with FTEs 200 present.
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Cluster Financial ControllerKuramathi Maldives Mar 2011 - Apr 2021Kandholhu Island/ Maafushivaru / Rep .Of Maldiveswww.kuramathi.com (Partial Resort Pre-opening )www.maafushivaru.com (Pre-opening)www.kandolhu.com (Pre-opening)Owned and managed a branded hotel portfolio in Maldives.As the Cluster Director/Financial Controller from March 2011 to May 2021.Portfolio of 4 resort islands and related subsidiaries in the republic of Maldives: various brands of 4 to 5-star hotels under management agreements. Crisis management during the COVID-19 pandemic period - contingency plans implementation (cost and manning reduction, shutdown of some Hotels, and reopening plan...)was responsible for supporting the local ExCo members with finance & controlling insights, and analysis to achieve Group Revenue, Cost, and Profit targets. The position requires the ability to influence the Senior Leadership/Management Team with diverse functional backgrounds (F&B production, Finance, Marketing & Sales) with direct authority. The job required to work as the business/sparring partner to the group director in-charge (Management Company), responsible for the cluster and assess, evaluate financial and business viability of asset and business acquisitions in the Region.Hotels construction management, hotel renovation projects management, and rebranding hotels.Pre-opening and opening 5-star Hotel and residence apartments.Strategic plan and development projects in Maldives. -
Group Chief Accountant (Pre-Opening Team)Ihg Hotels & Resorts Sep 2007 - Dec 2010Ihg (Intercontinental Hotels)/Holiday Inn, Dubai, Uae.Pre-Opening:Prepare and be involved in the control of all aspects of the Pre-Opening Budgets, Operating Equipment Purchases, and other Pre-Opening Finance and Business related activities as may be necessary.Maintain a monthly reconciliation with owners on the pre-opening budget and confirm the full closing balance within 90 days after the opening.Regularly report to the regional office the progress and update on the opening critical path and ensure a successful opening by completing 100% of the pre-opening plan.Establish and build a strong professional relationship with owners and their representatives.Select and hire finance colleagues.Coordinate and plan with IT department system setup, implementation, and training.Understand the full term of the management agreement and ensure compliance with all key clauses.Prepare cash flow projection and working capital requirements for the first 3 months of trading.Prepare the first year of operation budget.Financial and Management Accounting Responsibilities:An organizational leader of all budgeting, financial operation & reporting, and data analytics activities including management of business intelligence systems and tools.Creating monthly and annual reports to identify results, trends, and financial forecasts.Ensuring all reporting is compliant with statutory law and financial regulations.Documenting business processes and accounting policies to maintain and strengthen internal controlsStreamlining and improving accounting systems and operations.Overseeing the management of cash flows and debt/debt collectionSupervising and managing financial department staff.Managing the audit process and liaising with external personnel as required.Contributing to company financial strategy and decision-making processes. -
Corporate Chief Accountant- Sri Lanka,Galle Face Hotel Oct 2004 - Aug 2007Lihiniya Surf Hotel/ Colombo District, Western, Sri LankaThe position reported to the MD/CEO of Associated Hotels Inc. listed in the Colombo Exchange stock exchange. The main responsibility of the position was to support & partner with the MD/CEO to spearhead the company to capture growth from 2004 onward and to transform the finance department to have the right skills and mindset required to support the Business Unit Leaders to achieve targets. Responsibilities included management of all aspects of the Finance Function and Business Development Department and was a member of the Management Committee. Initially was responsible for about 145 FTEs and after re-organization with the support of Galleface Hotel Mgt. reduced to 120 FTEs with expert skills in Business Controlling and Analysis, Tax management and Treasury Management -
General ManagerSuyamas International Oct 2002 - Oct 2004Colombo, Western, Sri LankaLeading with a inspirational approach while managing & developing people and a confident decision-maker, in allocating budget resources, formulating policies, coordinating business operations, monitoring and motivating staff, managing operational costs, ensuring good customer service, improving administration processes, engaging with vendors, hiring and training employees,Works with key stakeholders effectively manages and reviews the life cycle of the team within the Company, fostering a culture of growth, development, and performance,Owner of the Company's budget, business, and sales plan, ensuring that all areas of the business are controlled. Maximizing sales and profit, business opportunities and brand reputation, productivity, and performance,Builds and maintains effective working relationships with all key stakeholders and business partners,Reviews and scrutinizes business activities, objectives, and best practices, providing recommendations that will drive financial performance and provide added value,Ensures adherence and compliance to all legislation where due diligence requirements and best practice activities are planned, delivered, and documented for an internal and external audit, performing follow-up as required. -
Manager Finance & OperationsLanka Milk Products Ltd, Sri Lanka Dec 2000 - Sep 2002Colombo, Western, Sri LankaThe responsibilities were to transform the finance controlling function focused on costs of the largest business unit in the company to actively support the Business Unit heads and Plant Managers to achieve the annual targets. Provided administrative support to management with reference to policy enforcement, business advice, and operational assistance, preparation of project profiles/reports in par with project evaluation methods, policy planning & implementation, developments, and project co-ordination enforce documents and established adequate controls for all revenues and expenses and protection of assets and ensured control will satisfy or improve the level of products & services
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Chief AccountantSerendib Leisure Management Limited Oct 1997 - Aug 2001Colombo, Western, Sri LankaI transitioned from the media & communication industry to the hospitality industry with this job. Big challenge but very exciting as I was given the responsibility to re-engineer the finance department and implement new Financial Systems and Group Accounting and Reporting Principles for the newly acquired property by Hemas Hospitality. Reported directly to the Group Director of Finance and managed a team of 15. -
Deputy Manager FinanceBusiness Directories Of Lanka Limited, Sri Lanka Sep 1994 - May 1996Colombo, Western, Sri LankaHeaded the Corporate finance function at BDLL Group—including transactions monitoring and management, cashflow management, budgeting/ forecasting, and financial control procedures.
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Senior Accounts ExecutiveMtv/Mbc Channels Pvt. Ltd - Capital Maharaja Group Sep 1993 - Nov 1994Colombo, Western, Sri LankaMBC Networks was my first assignment. I took over the responsibility as a pre-opening team member of Singapore Telecom International (Singtel) partnered with CMG in 1991. The responsibility was to transform the finance function to suit multi-national reporting requirements and to be ready for Singapore's financial reporting standards. I managed a small team of financial reporting experts who also had excellent business know-how which enabled me to provide good analysis to the Management.
Ferdinando R Education Details
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Leadership & Sustainability -
Ipma-Hr.Scp.UsaHuman Resources Management -
Cmgr. Cmi(Uk) -
Accounting And Finance -
OuslBusiness Management -
Business/Commerce, General
Frequently Asked Questions about Ferdinando R
What company does Ferdinando R work for?
Ferdinando R works for Confidential
What is Ferdinando R's role at the current company?
Ferdinando R's current role is CEO/Strategic Advisor | Hospitality Management Professional | Financial Professional.
What schools did Ferdinando R attend?
Ferdinando R attended University Of Cumbria, Ipma-Hr.scp.usa, Chartered Management Institute, Institute Of Chartered Accountants Of Sri Lanka, Ousl, Mahanama College Colombo.
Who are Ferdinando R's colleagues?
Ferdinando R's colleagues are Shakir Al Saleh, Ph.d., Saad Alghamdi, Richard Cruz, Basheer A Almatar, Remerose Ragasa, Mohammed Mahmoud, فراس اللويحق.
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