Director of Finance at Accor

Pune, maharashtra, India -

Full Time

Start Date

Immediate

Expiry Date

11 Jun, 26

Salary

0.0

Posted On

13 Mar, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Financial Planning, Budgeting, Cash Flow Forecasting, Accounting Systems Establishment, Internal Control Frameworks, Capital Investment Monitoring, Financial Transparency, Team Recruitment, Strategic Partnership, Operational Performance Analysis, Revenue Management, Financial Reporting, Cost Control Initiatives, Capital Expenditure Management, Compliance, Stakeholder Management

Industry

Hospitality

Description

Job Description Role Description / What you will do We are seeking an experienced and visionary Director of Finance to lead the financial strategy and operations. In this pivotal leadership role, you will oversee all financial aspects of the hotel, supporting the General Manager and Executive Committee in building a strong financial foundation and ensuring sustainable profitability once the hotel is fully operational. You will play a key role in establishing financial systems, controls, and processes prior to opening, while providing strategic financial leadership to drive operational performance, profitability, and compliance. This role requires a highly analytical and detail-oriented leader who thrives in a collaborative luxury hospitality environment and is committed to delivering excellence. Lead financial planning and budgeting for the pre-opening phase, including development of the pre-opening budget and cash flow forecasts; Establish accounting systems, financial procedures, and internal control frameworks in line with Accor standards; Monitor pre-opening expenditures and capital investments, ensuring alignment with project budgets; Collaborate with owners, project teams, and corporate stakeholders to ensure financial transparency; Recruit, structure, and train the Finance team in preparation for hotel opening; Act as a strategic partner to the General Manager and Executive Committee, providing financial insights to support decision-making; Analyze operational performance and recommend strategies to enhance profitability and efficiency; Participate in revenue management, forecasting, and strategic planning meetings; Support department heads in implementing corrective action plans based on financial analysis and audit findings; Oversee preparation of financial statements, management reports, and performance analysis; Lead the development of annual budgets, capital plans, and rolling forecasts; Monitor balance sheet accounts and investigate significant variances; Implement benchmarking and cost control initiatives to improve productivity and financial performance; Manage capital expenditure processes, fixed assets, and depreciation; Ensure full compliance with corporate policies, accounting standards, and local regulations; Maintain robust internal control systems and proper segregation of duties; Oversee cash management, disbursements, credit policies, and collection procedures. Safeguard hotel assets and oversee financial aspects of contracts and legal documentation. Prepare financial reports for ownership, corporate office, and senior management; Liaise with external partners including auditors, tax advisors, legal counsel, and financial institutions; Ensure compliance with all local fiscal, tax, and licensing requirements; Promote financial awareness and business acumen across department leaders. Qualifications Experience & Qualifications / What you will bring Bachelor’s degree in Business, Finance, Accounting or related field (Master’s or MBA preferred) with CPA or equivalent professional accounting certification; 10+ years of progressive experience in finance, accounting or financial analysis; Solid experience leading teams and managing complex financial operations or projects; Strong background in financial reporting, budgeting, forecasting, and business performance analysis; Experience with systems, accounting platforms, and financial reporting tools; Advanced skills in financial analysis, variance analysis, financial modeling, and cash flow management; Solid knowledge of internal controls, compliance frameworks, and risk management; Strong leadership, stakeholder management, and cross-functional collaboration capabilities; Luxury hospitality industry experience preferred, including familiarity with hotel revenue management, financial systems implementation, and operational finance within a upscale hotel environment. Job-Category: Finance Job Type: Permanent Job Schedule: Full-Time

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Responsibilities

The Director of Finance will lead the hotel's financial strategy, overseeing all financial aspects, establishing systems, and ensuring sustainable profitability post-opening. Key duties include leading pre-opening financial planning, setting up accounting procedures aligned with Accor standards, and acting as a strategic partner to the General Manager.