Director of Finance

Grand Mercure Bengaluru at Gopalan Mall managed by Accor is located near the heart of Bengaluru with close proximity to major techparks and key commercial & residential bubbles 212 Modern & Lavish rooms including 29 one and two bedroom suites with private terrace 10 elegant meeting spaces including a quaint alfresco and open terrace that can cater from 20 - 400 guests.

Features an all-day dining restaurant, cafe & alfresco, a fitness
centre, spa, swimming pool, an entertainment zone, library
lounge, art gallery and business centre

Summary of Responsibilities:

Reporting to the General Manager, you are part of the executive committee and bring your expertise to support the executive department and all operational departments in their choices, decisions and their search for quality and results. Responsibilities and essential job functions include but are not limited to the following:

• Lead and manage the Finance departments (Accounting, FP&A, Payroll, IT, Purchasing, Cost control) and ensure that all accounting, legal and group standards are respected.

• Act as the guardian of hotel performance, informing and challenging other departments in order to achieve owner’s expectation of asset performance.

• Control capital expenditure and manage cash flow.

• Ensure a good communication of finance information & maintain excellent relationship and partnership with all the different stakeholders (Owners, Accor operations teams, Accor finance teams etc, external auditors etc…)

• Ensure the accuracy and efficiency of monthly, quarterly and annual accounts closures within the deadlines set and using the tools defined by Accor.

• Strengthen & analyse the accounting information to prepare the monthly, quarterly and annual reports.

• Update the accounting and internal control process.

• Responsible for all internal and external reporting (daily, weekly, monthly, annual).

• Supervise the preparation of the financial audit and coordinate the audit process.

• Establish and lead the Strategic 5Y plan, the annual budget and the monthly forecast in collaboration with the different departments.

• Support the operational departments, provide advise, recommendations and solutions in order to improve the performance.

• In collaboration with the Sales and Marketing Department and the Revenue Management Department, analyse the commercial operations and competitive trends to establish tactical recommendations and strategies for the short, medium and long term.

• Ensure accounting migration and implementation of new tools such as dematerialized flow management, etc if relevant and needed.

• Supervision of purchasing and IT matters .

Experience and Personal Attributes 

• Previous experience in a similar position in Hospitality Industry, Luxury hotels is a plus.

• Knowledge of USALI accounting standards

• Knowledge of Microsoft Windows applications and other relevant applications

• University degree in a related area of study

• Excellent communication and organizational skills

• Excellent interpersonal and problem-solving skills

• Particularly responsible and reliable and demonstrating leadership skills

• Ability to work in a team environment