Fairmont Hiring for Associate Director, Finance & Business Support at Jaipur, India Full Time

Performance Management

• Provide administrative support to Management with reference to policy enforcement, business advice and operational assistance

• Monitoring and supervising the accounting department’s daily routines to ensure smooth, effective, and efficient daily work practices.

• To Assist the Director of Finance & Business Support to ensure that all of the accounting staff understands and follows the applicable policies and procedures that is outlined in the Company’s finance policies and procedures manual.

• Develop key relationships and respective Department Heads and the senior managers to provide financial support and understanding of short and long-term financial plans.

• Assist in reviewing financial performance of department/area, analysis of variances, forecasts and budgets. Challenge existing strategies and/or recommend alternate strategies to continually improve effectiveness of the business or financial management.

• To assist the Director of Finance and Business Support and other department heads in the development and implementation of “corrective action plans” on internal and or external audit and operational reports.

• To assist the Director of Finance and Business Support in the development of the business acumen of all levels of the hotel Leadership team to ensure they understand the impact of every component on the business as a whole and embrace the fiscal reporting processes, and information available in order to drive the performance of their areas of responsibility.

• To assist the Director of Finance and Business Support to promote, drive and maximize GOP Theoretical Flow Through concept across the departments.

Financial Planning, Reporting and Analysis

• To assist the Director of Finance & Business Support with the analysis and interpretation of the financial data and its communication to the operations. The Assistant Director of Finance will also assist with and complete, as needed, the analysis of the balance sheet accounts and the preparation of the monthly internal benchmarking and operational performance analysis reports.

• To assist the Director of Finance & Business Support in the development and implementation of benchmarking techniques that will enable the hotel to enhance revenues while improving productivity and cost efficiencies. To assist in identifying and implement throughout the hotel best practices that will serve to enhance revenues, guest service and improve cost and productivity efficiencies.

• To assist the Director of Finance & Business Support in preparing the annual budget, capital budgets and the rolling forecast. Assistant Director of Finance should be able to perform these tasks satisfactorily with high direction but with little supervision.

• To assist the Director of Finance & Business Support in the design, implementation, and use of methods and procedures that improve the accuracy of working schedules, labor standards, forecast, plans to assist operational staff. Monitor on an ongoing basis the accuracy and recommend correct measurements as necessary.

• To assist the Director of Finance & Business Support to provide accurate and complete financial and management reports on a timely basis to hotel management, corporate office and owners in accordance with the company and ownership reporting requirements and policy.

Compliance & Risk Management

• To working with the Director of Finance & Business Support to fulfill his/her fiduciary responsibility to the Company and/or Owners for ensuring the hotels are reporting in compliance with the policies, the Uniform Chart of Accounts and hotel management or other contractual arrangements with respect to accounting matters.

• Assist in ensuring all balance sheet accounts are reconciled on a monthly basis, review and approve those reconciliation’s as necessary. Assistant Director of Finance should be able to perform these tasks satisfactorily with high direction but with little supervision.

• Assist in maintaining accurate and timely financial and operating information and ensure corporate deadlines are met. Assistant Director of Finance should be able to perform these tasks satisfactorily with high direction but with little supervision.

• To assist the Director of Finance & Business Support in ensuring that all laws and fiscal regulations of the area location, which effect financial matters of the hotel, will be complied with.

• To assist the Director of Finance & Business Support to protect the owners and the management company’s interest in the hotel assets and operations.

• To assist the Director of Finance & Business Support in safe keeping of all lease and contracts and any other legal records and documents, which may affect the financial status of the hotel. Such documents are to be listed and keep current on the Critical Date List.

• To assist the Director of Finance & Business Support to conduct regular operations risk assessments, establish a risk register for the hotel and prepare an action plan addressing the mitigation of identified risks, subject to regular reporting and follow up on the execution of the risk action plan. They shall ensure the timing and accurate reporting of all incidents in accordance with Company protocol.

Control and Policies & Procedures

• A thorough knowledge of policies and procedures is required.

• To assist the Director of Finance & Business Support to ensure control systems are monitored and audited on a regular basis, as documented by Audit Services, to measure compliance with internal controls.

• To assist the Director of Finance & Business Support in ensuring cash flow is adequate to meet the needs of the operation

People and Talent Management

Work under the guidance of Director of Finance & Business Support to ensure the departmental performance of staff is productive. Duties include:

• Plan for future staffing needs (Succession Planning)

• Prepare detailed orientation programmes for new staff

• Maintain a comprehensive, current and guest focused set of departmental standards and procedures and oversee their implementation

• Ensure training needs analysis of your departmental staff is carried out and training programmes are designed and implemented to meet needs

• Deliver training and assist Director of Finance in driving employee engagement (i.e. CES)

• Actively work at developing your direct reports and identify high potentials

• Conduct probation and formal performance appraisal in line with company guidelines

• Coach, counsel and discipline staff, providing constructive feedback to enhance performance

• Regularly communicate with staff to maintain positive relationships

Performs other similar or related duties as necessary.