Financial Controller at Movenpick Hotels & Resorts

Job Description

• 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.

Responsibilities

• 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

• A Degree in Finance or related field.
• Professional Certification e.g ACCA, ICAN etc
• Minimum of 5 years of experience in financial management.
• In-depth knowledge of financial analysis, budgeting, forecasting, and reporting
• Proficiency in accounting software, and advanced Microsoft Excel skills
• Excellent analytical and problem-solving skills with a keen eye for detail
• Proven ability to manage multiple priorities effectively in a fast-paced environment
• Strong leadership and decision-making capabilities, with experience in managing and developing teams
• Exceptional communication and interpersonal skills, with the ability to collaborate with various stakeholders
• Experience in implementing and optimizing financial processes and controls
• Ability to adapt to changing business needs and drive continuous improvement initiatives.