Karl Stinglhamber
About
Karl Stinglhamber is from Saudi Arabia. Karl works in the following industries: "Sports", "Entertainment", and "Hospitality". Karl is currently Executive Director Finance Operations at Qiddiya Investment Company | شركة القدية للاستثمار. In Karl's previous role as a Director of Finance at Mandarin Oriental Hotel Group, Karl worked in Dubai until Aug 2020. Prior to joining Mandarin Oriental Hotel Group, Karl was a Head of Commercial - Hospitality and Retail at Dubai Parks and Resorts and held the position of Head of Commercial - Hospitality and Retail. Prior to that, Karl was a Director of Finance and Administration at Novotel / Ibis / Adagio Al Barsha from Oct 2013 to May 2015. Karl started working as Director of Operations at Meydan in Jan 2010. From Mar 2008 to Dec 2009, Karl was Financial Controller at Jumeirah Bab Al Shams. Prior to that, Karl was a Regional Financial Analyst - Gulf at Jumeirah from Jan 2007 to Mar 2008. Karl started working as Financial Controller at The Mark NY a Mandarin Oriental Hotel in Apr 2005.
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Karl Stinglhamber's current jobs
Executive Director Finance Operations at Qiddiya Investment Company | شركة القدية للاستثمار
Karl Stinglhamber's past jobs
- Asset management of existing Meydan Hotels (Jumeirah Bab Al Shams and the Meydan Hotel), Meydan Grandstand, Receiving Barns, Endurance City. o Maximization of asset value, increase of NOP and protection of owners’ investment in the assets - Management of pre-opening period and third party management agreement for current and upcoming development of Meydan City Corporation (Hotel, restaurant, Golf, Club,...) - Formulate vision, mission, key performance indicators and operating model for Meydan Hotels & Hospitality Division. - Implementation of new structure for Meydan Hotels and Hospitality Division
Manage the financial activities of an113-room full service hotel resort. - Act as Executive Assistant Manager in absence of General Manager - Responsible for the financial management of the all Resort functions, which includes administering accounting policies & procedures, preparing and interpreting financial statements and management reports, budgetary control and all contractual matters.
Responsible for analyzing and interpreting financial and operating results and for creating added value reporting to enhance the financial performance of the Gulf Region. - Assist in the financial planning, budgeting and forecasting process for the Region. - Carry out monthly financial reviews with all Regional cost centre Heads of Departments to review actual performance and forecast for balance of year. - Development of appropriate analyses identifying significant positive and/or negative trends for the Region. - Analyse and appraise the ROI projections on special capital projects.
Manage the financial activities of a 176-room full service hotel. - Supervise, support and develop all subordinates employees with a view to optimizing the profitability of the hotel and improving the guest experience. - Working capital and cash flow management. - Financial reports, budgets, forecasts, legal, treasury and tax documentations preparation for the guidance of management. - Implementation of controls and maintenances for hotel’s assets against loss. - Credit and collection, cost accounting, accounts payable, income audit, payroll and internal audit supervision. - Due diligence and change of ownership (August 2005 to December 2006). - Executive Committee member.