Financial Controller

Company Description

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.

About The Role :

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

Qualifications

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