Financial Controller

Company Description

Mercure Chennai Sriperumbudur:

Hotel for travellers looking for local and authentic experiences.

Mercure Chennai Sriperumbudur is the only international brand in the Sriperumbudur-Oragadam industrial area and automobile hub. It is a 45-minute drive from Chennai airport and Mahindra world city, and just 29 minutes from Marimalai Nagar. The hotel features an all-day dining restaurant with alfresco, multiple meeting spaces, a fitness center, travel desk, and entertainment facilities. This hotel, located opposite to Apollo Tyres, is also in close proximity to major corporations & IT companies.

Singaperumal Koil and Chengalpattu industrial areas are in the vicinity. Kanchipuram, famous for its historic temples and Kanjeevaram sarees, and Mahabalipuram for its historic monuments and beaches are within an hour’s drive. Guests can visit historical monuments at Mahabalipuram and the famous Ekambareshva and Kailasanatha temples at Kanchipuram among many others. Chennai city Centre is easily accessible to guests via the highway.

Job Description

Job Purpose

This position is responsible for the overall financial management of the Hotel including financial reporting, budget and forecasts preparation, as well as the development and maintenance of adequate internal accounting control policies and procedures to ensure compliance with generally accepted accounting principles or international financial reporting standards .

Key Interactions

Internally:

• All department heads
• Owner / Owner’s representative

Externally:

• Government bodies
• Accounting / Finance Associations
• Banks
• Financial Agencies

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 reviews and manage 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 management.

Main Complexity/Critical issues in the Job:

Ensure that both internal control as well as external expenditure must be properly recorded and handled with high integrity and honesty.

Profile:

Knowledge and Experience:

• 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 a 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.

Competencies:

• Strong leadership and interpersonal skills.
• Excellent communication and customer contact skills.
• Results and service-oriented with an eye for details.
• Ability to multi-task, work well in stressful & high-pressure situations.
• A team player & builder.
• A motivator & self-starter.
• Well-presented and professionally groomed at all times.

Qualifications

MBA Finance

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