Financial Controller

Grand Mercure Bangalore offers 126 suite style rooms with in-built kitchenettes. Our rooms offer the privacy you want but with the luxury and indulgence of a hotel. These suites are modern, tasteful and relaxing, suiting purposes of both leisure as well as business. Bright and spacious, they also include flat screen televisions, DVD players, music systems, Wi-Fi and 24 hour room service.

Grand Mercure is known for its passion for food and wine. Dining is always a culinary experience with ‘The Verandah’, our Global Cuisine restaurant and ‘By The Blue’, our poolside RestoBar which offers inspired Indian cuisine.

We are seeking a highly skilled and experienced Financial Controller to join our dynamic team in Bengalore, India. As a key member of our finance department, you will play a crucial role in overseeing the financial operations of our organization, ensuring accuracy, compliance, and strategic financial management.

Primary Responsibilities

 Accounting & Finance

• Oversee the daily operations of the Finance department

• Direct and coordinate hotel financial planning and budget management functions

• Monitor and analyze monthly operating results against budget

• Direct and coordinate debt financing and debt service payments with external agencies

• Prepare annual reports of actual revenues, transfers, and expenses

• Analyze financial outlooks and prepare financial forecasts

• Prepare financial analysis for contract negotiations and product investment decisions

• Ensure compliance with local, state, and federal budgetary reporting requirements

• Establish and implement short- and long-range departmental goals, objectives, policies and operating procedures

• Maintain an organizational structure and staffing to effectively accomplish the department’s goals and objectives

• Serve as primary legislative liaison relative to company financial issues

• Direct financial audits and provide recommendations for procedural improvements

• Conduct regular checks on procedures for purchasing, receiving, storing, issuing, food preparing and portioning

Team Management

• Interview, select and recruit direct reports

• Identify and develop team members with potential

• Conduct performance review and manages performance issues that arise within the management team

• Constantly monitor team members performance, attitude and degree of professionalism

• Work with Talent & Culture function to ensure appropriate hiring, training, motivating, coaching, counseling and development of team members according to the changing needs of the business

• Conduct monthly departmental meetings to provide information to team members, obtain their feedback, rectify issues and provide a regular forum for department communication

Other Responsibilities

• Attend all briefings, meetings and trainings as assigned by management

• Maintain a high standard of personal appearance and hygiene at all times

• Be aware of the hotel fire & life safety/emergency procedures

• Perform other reasonable duties assigned by the assigned by the Management

• Bachelor’s Degree in Accounting / Finance
• Additional certificate as a Certified Public Accountant (CPA) will be an advantage
• Minimum 5 years of experience in a senior finance or accounting position or 2 years of experience in a similar capacity
• High degree of professionalism with strong understanding of business acumen
• Excellent reading, writing and oral proficiency in English language
• Proficient in MS Excel, Word, PowerPoint, and relevant financial and accounting reporting systems
• Fully conversant in  accounting principles  and financial regulation standards