Financial Controller for The Lalit Hotel in United Kingdom (UK) – Job Ref: 14

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Key Responsibilities
Assists and provides financial guidance in the formulation and implementation of Strategic Plan, Budget and KPOs (Goals Program)
Ensure an up to date cash flow projection is maintained and maximizes cash flow performance of the hotel through controls on inventory, credit and collection, disbursements, deposits and remittances
Ensure excess cash is managed to maximize earning potential
Prepares outlooks for forthcoming months and forecasts for the remainder of the year
Prepares monthly position of actual results against budget, analyse results and recommend to Executive Committee measures required to meet budget
Prepare consolidated quarterly position assessments for the General Manager
Distributes outlook and forecast information as an up to date management tool for operating departments
Implement and review financial controls and policies
Analyse financial and management reports
Design internal reporting systems required by the department and hotel
Evaluate existing internal control measures that apply to accounting procedures and computer systems as per Policies and Procedures 

Employ adequate internal control procedures to ensure correct authorization for payment procedures
Manage internal and external audits when they occur
Provides administrative support to Management with reference to policy enforcement, business advice and operational assistance
Identifies training needs, develops formal training plans and conducts training sessions for accounting and operational staff in coordination with other departments
Identifies staff with potential for promotion and/or transfer within Accounting operation
Obtains appropriate legal counsel regarding the business practices of the hotel and maintains an awareness of local laws, rules and regulations
Provides safekeeping, including proper storage and access for all contracts, leases and other financial records
Follows up on all capital expenditures to ensure compliance with original justification and approval
Participates in local recognized professional and industry organizations
Recommends and maintains appropriate list of delegation of authority for hotel management
Conducts monthly inspections and tests to ensure all departments are complying with required procedures
Performs those duties required by the controls checklist issued by CFO
Reviews prices and recommends pricing strategy to the General Manager
Implements and maintains acceptable accounting practices and procedures as required , generally accepted accounting practices, and as affected by local conditions
Review of operating equipment stores to avoid unnecessary/excessive purchases and to eliminate (or at least be aware) of obsolete slow moving items
Ensure all accounts are reconciled on monthly basis, review and approve those reconciliations

Human Resource Responsibilities
Works within the companys Human Resource framework to ensure the departmental performance of staff is productive. Duties include:
o Planning for future staffing needs 
o Recruiting in line with company guidelines 
o Preparing detailed induction programmes for new staff
o Maintaining a comprehensive, current and guest focused set of departmental standards and procedures and oversees their implementation
o Ensuring training needs analysis of Finance staff is carried out and training programmes are designed and implemented to meet needs
o Conducting probation and formal performance appraisal in line with company guidelines
o Maintaining up to date staff records and approves leave requests etc
o Coaching, counseling and disciplining staff, providing constructive feedback to enhance performance
o Regularly communicating with staff to maintain good relations
o Establish/maintain a succession plan

Occupational Health and Safety Responsibilities
Demonstrate Awareness of OH&S policies and procedures and ensure all procedures are conducted safely and within OH&S guidelines and ensure your direct reports do the same
Be aware of duty of care and adhere to occupational, health and safety legislation, policies and procedures
Be familiar with property safety, first aid and fire and emergency procedures and enforce these in your areas
Initiate action to correct a hazardous situation and notify supervisors of potential dangers
Ensure security incidents and accidents are logged, investigated and rectified to prevent future catastrophes

This role is accountable for accounting operations of the company, to include the production of periodic financial reports, maintenance of an adequate system of accounting records & a comprehensive set of controls & budgets designed to mitigate risk. 

BCOM / MCOM/CA – with 7-9 years of relevant experience.
CMA – Mandatory

Candidate should be Lonon based and have relevant work experience. Expats welcome

Sumeet Goyal
Bharat Hotels Limited (The Lalit)
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08 Jan 2019 , , , , ,

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