Financial Director

3 weeks ago


Udaipur, Rajasthan, India AccorHotel Full time
Job Title: Finance Manager

As a key member of the AccorHotel team, the Finance Manager will play a pivotal role in ensuring the financial success and sustainability of the hotel. This position requires a seasoned finance professional with a strong background in financial planning, analysis, and management.

Key Responsibilities:
  • Financial Planning and Analysis: Develop and implement comprehensive financial plans, budgets, and forecasts for the preopening phase, aligning with corporate objectives and industry standards.
  • Financial Reporting: Prepare accurate and timely financial reports, including monthly financial statements, variance analysis, and key performance indicators (KPIs), for senior management and corporate headquarters.
  • Cash Flow Management: Monitor cash flow projections and liquidity requirements, optimize cash resources, and implement cash management strategies to ensure adequate funding for preopening activities and ongoing operations.
  • Cost Control: Implement cost control measures and monitor expenses to ensure adherence to budgetary constraints and maximize profitability while maintaining high-quality standards.
  • Internal Controls: Establish and maintain robust internal controls and financial procedures to safeguard assets, prevent fraud, and ensure compliance with company policies, accounting standards, and regulatory requirements.
  • Financial Risk Management: Identify, assess, and mitigate financial risks associated with preopening activities, including market risks, currency risks, and operational risks, through proactive risk management strategies.
  • Capital Expenditure Management: Manage capital expenditure projects, evaluate investment opportunities, and coordinate with project teams to ensure cost-effective allocation of resources and timely completion of projects.
  • Financial Strategy Development: Develop and recommend financial strategies and initiatives to drive revenue growth, cost optimization, and operational efficiency in collaboration with cross-functional teams.
  • Team Leadership: Lead and mentor the finance team members, providing guidance, coaching, and support to foster their professional development and ensure high performance.
Qualifications:
  • Bachelor's degree in Finance, Accounting, Business Administration, or a related field; Master's degree or professional certification (e.g., CPA, CFA) preferred.
  • Minimum of 7 years of progressive experience in finance and accounting roles, preferably in the hospitality industry or a related field, with at least 3 years in a managerial capacity.
  • Strong financial acumen with a deep understanding of financial principles, practices, and regulations.
  • Excellent analytical skills with the ability to interpret financial data, analyze trends, and develop actionable insights.
  • Proficiency in financial modeling, budgeting, forecasting, and financial software (e.g., SAP, Oracle).
  • Strong leadership and team management skills with the ability to motivate and inspire team members to achieve organizational goals.
  • Excellent communication, presentation, and interpersonal skills with the ability to interact effectively with senior management, stakeholders, and external partners.
Work Arrangements:

No remote work options are available for this position.

This is a full-time employment opportunity.


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