Director of Finance
Accor View all jobs
- Pune, Maharashtra
- Permanent
- Full-time
- 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.
- 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.