Assistant Manager - Finance

Your Fairmont Journey Starts Here:

Are you a someone with a passion for excellence and a flair for exceptional hospitality? Fairmont Udaipur Palace invites you to embark on an unforgettable journey of luxury and join our pre-opening team.

You will play a key role in ensuring the financial success and sustainability of the hotel by providing strategic financial guidance and implementing sound financial practices.

Key Responsibilities:

• Financial Management: Identify optimal, cost effective use of the resources and educate the team on the same.

• People Management: Establish and maintain seamless co-ordination & co-operation with all departments of the hotel to ensure maximum cooperation, productivity, and guest service. Respond to queries, by resolving issues in a timely and efficient manner to ensure customer satisfaction. Ensure that all personnel are kept well informed of department’s objectives and policies.

• Financial Reporting: Prepare accurate and timely financial reports, including monthly financial statements, variance analysis, and key performance indicators (KPIs), to 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 pre-opening 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.
• 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.
• Team Leadership: Lead and mentor the finance team members, providing guidance, coaching, and support to foster their professional development and ensure high performance.

• Bachelor's degree in Finance, Accounting, Business Administration, or related field; Master's degree or professional certification (e.g., CPA, CFA) preferred.
• Minimum of 4 years of progressive experience in finance and accounting roles, preferably in the hospitality industry or a related field, with at least 1 year 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.
• Strong 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.

Our commitment to Diversity & Inclusion:

We are an inclusive company, and our ambition is to attract, recruit and promote diverse talent.