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Director of Finance

Hyatt Centric · Bengaluru

🇬🇧 English

Job description

About the role

The Director of Finance will lead the Accounting and Finance Department of Hyatt Centric Whitefield, ensuring efficient operations, robust controls, and optimal use of technology. This senior position reports to the General Manager and is responsible for safeguarding assets, managing inventories, and overseeing all financial and legal documentation.

Key responsibilities

  • Manage all sections of the Accounting and Finance Department, maximizing technology utilization.
  • Conduct monthly and bi‑annual physical inventories of supplies and operating equipment.
  • Implement controls to protect hotel assets and maintain fixed‑asset, equipment, supply, and inventory records.
  • Review cost auditor reports and coordinate with the Materials Manager on inventory procedures.
  • Ensure compliance with all terms of the management agreement and monitor checklist requirements.
  • Maintain contracts, leases, insurance policies, and all legal/financial documents securely.
  • Obtain required licenses for foreign exchange, imports, liquor, tobacco, entertainment, etc., from regulatory authorities.
  • Administer Hyatt and local insurance matters in partnership with Hyatt International and local agents.
  • Oversee the hotel’s information systems, ensuring software licensing, maintenance, and security.
  • Manage credit and collection procedures approved by the General Manager.
  • Liaise with internal and external auditors to meet hotel compliance standards.
  • Assist the General Manager in compiling departmental policies into the hotel’s manuals.
  • Co‑sign bank checks, contracts (over one‑year duration), disbursement vouchers, and purchase orders after verifying supporting documents.
  • Monitor daily bank receipts, deposits, and cash balances, reporting any anticipated deficiencies.
  • Ensure prompt payment of travel agents’ commissions.

Required profile

  • Thorough knowledge of the management agreement terms and ability to enforce them.
  • Experience safeguarding contracts, leases, insurance policies, and legal/financial documents.
  • Proven ability to obtain and manage regulatory licenses for foreign exchange, imports, liquor, tobacco, and entertainment.
  • Experience administering insurance matters with both international and local agents.
  • Capability to manage information systems, ensuring software utilization, maintenance, and licensing compliance.
  • Familiarity with credit and collection procedures established by senior management.
  • Strong liaison skills with internal and external auditors.
  • Ability to assist in drafting and consolidating departmental policies and manuals.
  • Authority to approve financial transactions, verify receipts, and monitor cash flow.

Required skills

    What we offer

    • Leadership role within a globally recognized hotel brand.
    • Opportunity to shape finance strategy and controls in a dynamic hospitality environment.
    • Collaborative work with senior management and cross‑functional teams.

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    Published 2 months ago

    49 views · 0 interested

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    Hyatt Centric

    Bengaluru