Ashraf Tadros
Avon,USA
Summary
Accomplished Area Director of Finance with a proven track record at InterContinental Hotels Group, adept at multi-unit management and optimizing profitability. Expert in budget preparation and financial statement review, with a flair for team leadership and staff development. Demonstrates a strategic approach to enhancing financial performance and operational efficiency.
Overview
38
38
years of professional experience
Work History
Area Director of Finance
InterContinental Hotels Group (IHG)
Cleveland, Ohio
11.2016 - Current
- Company Overview: (InterContinental Hotel, InterContinental Suites, Holiday Inn Cleveland Clinic – 732 rooms, Luxury City Hotels)
- Responsible for overseeing, directing and administering all financial operations for all three hotels within the Cleveland Clinic Campus
- Direct and administer all financial operations of the hotels to include, but not limited to, asset protection, financial reporting, systems management, Purchasing operations, hotels-wide budget and forecasting, department management, and Owners relation
- Demonstrated leader and trusted advisor to business owners and executives
- Prepare annual plan, projections and budgets, and maximizes profitability and create value
- Monitor and develop team member performance to include, but not limited to, providing supervision
- (InterContinental Hotel, InterContinental Suites, Holiday Inn Cleveland Clinic – 732 rooms, Luxury City Hotels)
Director of Finance
Amlak Holding
Doha, Qatar
01.2015 - 01.2016
- Company Overview: Amlak Holding is a wholly owned subsidiary of Qatar Foundation (QF)
- As a commercial arm of QF, Amlak manages a number of diversified and related business units under a single point of management, providing integrated Asset Management and Operation solutions in the 'Real Estate' and 'Hospitality & Leisure' industries
- Currently QF operates Qatar National Convention Center (QNCC)
- All aspects of the accounting and auditing function of the Convention Center and all matters pertaining to the financial administration of the organization with a total Revenue of $125 Million
- All shared service accounting for five different entities including Hotels, Residential Towers, School Catering, Golf Course, Stand-alone Restaurants, and outside Caterings
- Managing a team of twelve staff members
- Amlak Holding is a wholly owned subsidiary of Qatar Foundation (QF)
- As a commercial arm of QF, Amlak manages a number of diversified and related business units under a single point of management, providing integrated Asset Management and Operation solutions in the 'Real Estate' and 'Hospitality & Leisure' industries
- Currently QF operates Qatar National Convention Center (QNCC)
Area Director of Finance
Four Seasons Hotels and Resorts
Santa Barbara, USA
03.2014 - 04.2015
- Responsible for overseeing, directing and administering all financial operations of the hotel
- Direct and administer all financial operations of the hotel to include, but not limited to, asset protection, financial reporting, systems management, hotel-wide budget and forecasting, department management, and meeting participation and facilitation
- Ensure compliance with all Generally Accepted Accounting Principles (GAAP) & USALI 11th Edition
- Serve as financial advisor to hotel management and ownership
- Monitor and approve all sales, purchases, salaries and expenses of the hotel
- Assist and counsel department heads in the interpretation and analysis of financial data, recommending courses of action to maximize hotel profitability
- Prepare annual plan, projections and budgets
- Monitor and develop team member performance to include, but not limited to, providing supervision and professional development, scheduling, conducting counseling and evaluations and delivering recognition and rewards
- Recruit, interview and train Team members
Area Director of Finance
Four Seasons Hotels and Resorts
Doha, Qatar
08.2004 - 02.2014
- Responsible for all aspects of the accounting and auditing function of this Doha property in addition to all matters pertaining to the financial administration of the area which include: Oversight of the financial functions of Four Seasons Hotels and Resorts in Baku - Azerbaijan, The Seychelles, Mauritius, Safari lodge at the Serengeti – Tanzania
- Advised the hotels’ executive committees on financial policies and procedures to ensure the overall profitability of the business
Director of Finance
Four Seasons Hotels and Resorts
Riyadh, Kingdom of Saudi Arabia
02.2002 - 07.2004
- Joined pre-opening with responsibility for set up, recruitment and training of financial control workforce in addition to establishing reporting guidelines and effective communication and reporting with all 3rd parties including owners representatives
- Oversaw all regulatory and audit matters
Assistant Director of Finance
Four Seasons Hotels and Resorts
Washington, D.C., USA
06.1999 - 01.2002
- Preparing all financial statements, accruals and journal entries, and maintain reconciliation’s for all balance sheet accounts
- Coordinating, the preparation of all operating equipment and supply inventories
- Preparing Daily Cash Position report and maintain the highest level of investment of excess funds
- Assisting the Controller in the preparation of all budgets and forecasts
- Supervising the day to day activities of all Accounting staff
- Preparation or overseeing of all local, state and federal tax returns and other reporting on a timely basis
- Taking appropriate personnel related actions (i.e
- Hire, commend, discipline, evaluate, etc.) of staff
- Participating in and developing staff training programs
Assistant Director of Finance
Four Seasons Hotels and Resorts
Boston, USA
09.1996 - 05.1999
- Role as Assistant Director of Finance as above
- As operation Analyst was responsible for statistical reporting and F&B control compliance
- Maintain accuracy of Remanco System Data, and ensure hardware is in good working order
- Review Labor Standards with Department Heads to determine the adequacy of their standards, and propose changes when necessary
- Reconcile Balance Sheet Acct
- And Bank statements
- Assist in the preparation of Financial Statement
- Conduct the Operating Equipment Inventory twice a year
- Handle all Accounting functions for the Condominium Association
- Perform any additional duties assigned by the Controller
Assistant Controller
The Copley Plaza Hotel
Boston, USA
04.1996 - 09.1996
- Company Overview: A Wyndham Hotel
- Responsibilities included: Supervising an office of seven employees
- Supervise reconciliation of general ledger accounts
- Prepare monthly financial statements
- Prepare government required reports
- Assist in budget preparation
- Work with external and internal auditors
- A Wyndham Hotel
Controller
Sheraton Tara Hotel
Warwick, USA
10.1994 - 04.1996
- Company Overview: The Flatley Company
- Responsibilities included: Managing and supervising a department of 7 employees
- Preparing all accounting reports (3 month forecast, weekly flash, daily labor)
- Preparation of monthly general ledger entries
- Preparation of monthly financial statements
- Reconciliation of monthly general ledger accounts
- Preparation of annual budget
- Monthly filing of taxes
- Interaction with vendors and guests at all levels
- The Flatley Company
Controller
Westminster Village Inn
Westminster, USA
05.1993 - 09.1994
- Company Overview: Fine Hotels Corp.; Wellesley, MA
- Responsibilities include: Managing all accounting areas including A/R, A/P, Payroll and Cash Management
- Reconciliation of general ledger accounts
- Monthly reconciliation of bank statements
- Preparation of monthly financial statements
- Monthly Food & Beverage inventory
- Monthly filing of taxes
- Fine Hotels Corp.; Wellesley, MA
Assistant Controller
Holiday Inn
Boxborough, USA
08.1991 - 04.1993
- Company Overview: Fine Hotels Corp.; Wellesley, MA
- Responsibilities include: Preparing cash forecast
- Generating market segment report, daily sales report
- Handling of all receivable credit cards, travel agent commissions
- Conduct F & B monthly inventory
- Assisting in the preparation of Financial Statement
- Fine Hotels Corp.; Wellesley, MA
Accounts Payable / Income Auditor
Holiday Inn
Boxborough, USA
11.1990 - 07.1991
- Company Overview: Fine Hotels Corp.; Wellesley, MA
- Responsibilities include: Insured that all income has been correctly recorded by the night auditors daily
- Maintaining the P.O
- System and data entry of all invoices
- Reviewing receiving requirements and credit invoices
- Reviewing cash requirements
- Handling check inputting procedure and check run cycle
- Fine Hotels Corp.; Wellesley, MA
Night Auditor and Front Desk Services
Sheraton Hotel & Conference Center
Boxborough, USA
06.1988 - 10.1990
Front Office / Night Auditor
Ramses Hilton Hotel & Casino
Cairo, Egypt
01.1987 - 05.1988
Education
B.S. - Business, Major in Accounting
Ein Shams University
Cairo, Egypt01.1985
French Catholic School -
French Catholic School
Cairo, Egypt01.1981
Skills
- Team management
- Staff training and development
- Reporting skills
- Task delegation
- Profitability optimization
- Multi-unit management
- Budget preparation
- Internal controls
- Accounts payable management
- Expense tracking
- Financial statement review
Personal Information
Marital Status: Married
Languages
- Arabic, Mother tongue
- English, Spoken and written fluently
Citizenship
USA
Timeline
Area Director of Finance
InterContinental Hotels Group (IHG)
11.2016 - Current
Director of Finance
Amlak Holding
01.2015 - 01.2016
Area Director of Finance
Four Seasons Hotels and Resorts
03.2014 - 04.2015
Area Director of Finance
Four Seasons Hotels and Resorts
08.2004 - 02.2014
Director of Finance
Four Seasons Hotels and Resorts
02.2002 - 07.2004
Assistant Director of Finance
Four Seasons Hotels and Resorts
06.1999 - 01.2002
Assistant Director of Finance
Four Seasons Hotels and Resorts
09.1996 - 05.1999
Assistant Controller
The Copley Plaza Hotel
04.1996 - 09.1996
Controller
Sheraton Tara Hotel
10.1994 - 04.1996
Controller
Westminster Village Inn
05.1993 - 09.1994
Assistant Controller
Holiday Inn
08.1991 - 04.1993
Accounts Payable / Income Auditor
Holiday Inn
11.1990 - 07.1991
Night Auditor and Front Desk Services
Sheraton Hotel & Conference Center
06.1988 - 10.1990
Front Office / Night Auditor
Ramses Hilton Hotel & Casino
01.1987 - 05.1988
B.S. - Business, Major in Accounting
Ein Shams University
French Catholic School -
French Catholic School