Director of Finance & Business Support

Company Description

Fairmont Hotels & Resorts is where the intimate equally coexists with the infinite – an unrivaled portfolio of more than 90 extraordinary hotels where grand moments of life, heartfelt pleasures and personal milestones are celebrated and remembered long after any visit. Since 1907, Fairmont has created magnificent, meaningful and unforgettable hotels, rich with character and deeply connected to the history, culture and community of its destinations – places such as The Plaza in New York City, The Savoy in London, Fairmont San Francisco, Fairmont Banff Springs in Canada, Fairmont Peace Hotel in Shanghai, and Fairmont The Palm in Dubai. Famous for its engaging service, awe-inspiring public spaces, locally inspired cuisine, and iconic bars and lounges, Fairmont also takes great pride in its pioneering approach to hospitality and leadership in sustainability and responsible tourism practices. Fairmont is part of Accor, a world leading hospitality group counting over 5,400 properties throughout more than 110 countries, and a participating brand in ALL - Accor Live Limitless – a lifestyle loyalty program providing access to a wide variety of rewards, services and experiences.

About The Role :

 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 withgenerally accepted accounting principlesorinternational financial reporting standards.

 Key Interactions 

 Internally  

All department heads

Owner / Owner’s representative

 Externally 

Government bodies

Accounting / Finance Association

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 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

 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.

Qualifications

 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 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

Additional Information

 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