Director of Finance

Company Description Our commitment to Diversity & Inclusion: We are an inclusive company and our ambition is to attract, recruit and promote diverse talent. Why work for Accor? We are far more than a worldwide leader. We welcome you as you are and you can find a job and brand that matches your personality. We support you to grow and learn every day, making sure that work brings purpose to your life, so that during your journey with us, you can continue to explore Accor�s limitless possibilities. By joining Accor, every chapter of your story is yours to write and together we can imagine tomorrow's hospitality. Discover the life that awaits you at Accor, visit https://careers.accor.com/ Do what you love, care for the world, dare to challenge the status quo! #BELIMITLESS Job Description Financial Strategy and Planning: Develop and implement financial strategies aligned with the hotel�s business goals. Create long-term and short-term financial plans to drive growth and profitability. Lead the budgeting and forecasting processes, ensuring they reflect both current performance and market conditions. Financial Management and Reporting: Oversee all financial reporting activities, ensuring accuracy and compliance with both internal and external standards. Prepare monthly, quarterly, and annual financial statements and reports for management and ownership. Conduct financial analysis, including profitability analysis, cost control, and variance analysis, to help the management team make informed decisions. Cash Flow Management: Monitor cash flow, ensuring sufficient liquidity to meet operational needs. Optimize working capital and manage capital expenditures to ensure efficient use of funds. Lead the management of hotel bank accounts and financial institutions to ensure the smooth functioning of daily operations. Internal Controls and Compliance: Establish and maintain robust internal controls to safeguard hotel assets and ensure financial integrity. Ensure compliance with local tax laws, industry regulations and company policies. Work closely with auditors during internal and external audits, implementing recommended improvements. Team Leadership and Development: Lead, mentor and develop the finance team, ensuring high performance and professional growth. Manage staffing needs and provide training on financial policies and best practices. Create a positive, results-driven environment within the finance department. Cost Control and Profitability: Monitor operational costs and recommend cost-saving initiatives to improve profitability without compromising on service quality. Work closely with other departments to review and control expenses, analyze variances and identify opportunities for cost reduction. Owner/Investor Relations: Provide financial insights and reports to ownership or investors. Participate in meetings with ownership to review the financial health of the hotel and discuss strategic goals. Develop financial models and forecasts to support potential investment decisions or business expansions. Risk Management: Identify financial risks and work to mitigate them. Ensure appropriate insurance and risk management policies are in place. Qualifications Chartered Accountant (CA) is mandatory. Minimum of 12-15 years of progressive finance experience, with at least 3-5 years in a senior financial leadership role within the hospitality or hotel industry. Proven experience with financial management in a hotel environment, including budgeting, forecasting, financial reporting, and control. Additional Information Fluent in English & Hindi. Availability to work flexible hours, including weekends or holidays, depending on the hotel�s needs. Balances the needs and expectations of the owning entity with the operational goals of the hotel, aligning financial strategies accordingly. Handles disagreements or concerns from the owning entity with professionalism, finding mutually beneficial solutions.