Director of Finance & Business Support (Pre-opening) Fairmont Bangkok

Job description

Company Description

Fairmont Bangkok Sukhumvit is scheduled to open in 2025 following the rebranding of the Bangkok Windsor Hotel, located in the heart of the city’s Sukhumvit district, which will bring a unique timeless interpretation of Fairmont’s glorious legendary classic design, providing the most iconic and distinctive services together with an unforgettable gastronomic experience.
Designed with “A Tasteful Touch of Elegance and Simplicity,” Fairmont Bangkok Sukhumvit will offer approximately 419 room keys and feature a variety of specialty restaurants & bars, a rooftop bar with a spectacular view of the skyscrapers in Bangkok’s CBD, a swimming pool, a fitness center, a spa and wellness center, and meeting facilities with a choice of room size and equipped with virtual meeting equipment to meet the demands of today’s customers, appealing to both overseas guests and Bangkok residents.

Job Description

Job Purpose

This position is responsible for the overall financial management of the Hotel including financial reporting, budget and forecasts preparation, as well as the development and maintenance of adequate internal accounting control policies and procedures to ensure compliance with  generally accepted accounting principles  or  international financial reporting standards .

Key Interactions

Internally

·  All department heads
·  Owner / Owner’s representative
·  Corporate Office for Raffles & Fairmont Hotels & Resorts

Externally

·  Government bodies
·  Accounting / Finance Association
·  Banks
·  Financial Agencies
·  Vendors & Suppliers

Primary Responsibilities

Accounting & Finance

·  Set up financial systems and processes in Pre-opening
·  Set up and oversee the daily operations of the Finance department
·  Direct and coordinate hotel financial planning and Pre-opening & budget management functions
·  Monitor and analyze monthly operating results against Pre-opening budget (POB)
·  Direct and coordinate debt financing and debt service payments with external agencies
·  Prepare annual reports of actual revenues, transfers, and expenses
·  Ensure compliance of internal and external audits
·  Analyze financial outlooks and prepare financial forecasts
·  Prepare financial analysis for contract negotiations and product investment decisions
·  Ensure compliance with local, state, and federal budgetary reporting requirements
·  Establish and implement short- and long-range departmental goals, objectives, policies and operating procedures
·  Maintain an organizational structure and staffing to effectively accomplish the department’s goals and objectives
·  Serve as primary legislative liaison relative to company financial issues
·  Direct financial audits and provide recommendations for procedural improvements
·  Conduct regular checks on procedures for purchasing, receiving, storing, issuing, food preparing and portioning

Team Management

·  Interview, select and recruit direct reports from pre-opening through to operational 
·  Identify and develop team members with potential
·  Conduct performance review and manages performance issues that arise within the management team
·  Constantly monitor team members performance, attitude and degree of professionalism
·  Work with Talent & Culture function to ensure appropriate hiring, training, motivating, coaching, counselling and development of team members according to the changing needs of the business
·  Conduct monthly departmental meetings to provide information to team members, obtain their feedback, rectify issues and provide a regular forum for department communication

Other Responsibilities

·  Attend all briefings, meetings and trainings as assigned by management
·  Maintain a high standard of personal appearance and hygiene at all times
·  Be aware of the hotel fire & life safety/emergency procedures
·  Perform other reasonable duties assigned by the assigned by the Management
·  Set up Pre-opening Chart of Accounts of both Cluster properties.

Main Complexity/Critical issues in the Job

Ensure that both internal control as well as external expenditure must be properly recorded and handled with high integrity and honesty.

 

Qualifications

Knowledge and Experience

·  Bachelor’s Degree in Accounting / Finance
·  Minimum 5 years of experience in a senior finance or accounting position or 2 years of experience in a similar capacity
·  High degree of professionalism with strong understanding of business acumen
·  Excellent reading, writing and oral proficiency in English language
·  Local knowledge of Thai regulations and local financial proceedures
·  Proficient in MS Excel, Word, PowerPoint, and relevant financial and accounting reporting systems
·  Fully conversant in accounting principles  and financial regulation standards

Additional Information

Competencies

·  Strong leadership and interpersonal skills
·  Excellent communication and customer contact skills
·  Results and service oriented with an eye for details
·  Ability to multi-task, work well in stressful & high-pressure situations
·  A team player & builder
·  A motivator & self-starter
·  Well-presented and professionally groomed at all times
·  Pre-opening experience highly advantageous 
·  Working Experience in remote location