Area Financial Controller

Area Financial Controller

Location: Adelaide South Australia

Join and lead the Finance Team at Stamford Hotels and Resorts Adelaide as the Area Financial Controller

About Stamford Hotels and Resorts

Stamford Hotels and Resorts, a part of the Stamford Group, manages the Group’s portfolio of luxury premium hotels located in Australia. The hotel portfolio consists of nearly 1800 rooms and over 1000 employees. In addition to the hotels, the Stamford Group owns a portfolio of premium commercial office properties internationally and is involved in the development of high-end luxury residential units in Australia.

At Stamford Hotels and Resorts, we understand that our people are our greatest asset. We strive to retain, develop and reward passionate and success-orientated professionals at all levels. In our pursuit for excellence, we encourage entrepreneurial thinking, challenge the status quo and inculcate a sense of ownership while fostering an environment of transparency, collaboration, respect and integrity among our employees, business partners and the larger community.

About the role

Working closely with General Managers of both Adelaide properties to further develop and drive financial acumen, governance, expertly balance the books proficiently to the standards of our owners. This position requires a robust professional with the abilities to lead a team and present the figures, correlate data including the analysis of results, whilst explaining the rational during meetings with Head Office in Singapore as well as pitching to the local Heads of Department. The incumbent must be able to satisfy the audience expertly.  

Core requirements of your role

• Lead the team via professional effectiveness including, daily management, training and motivation to obtain high KPIs and achieve implemented set revenue targets and business goals
• Manage and annually review hotel contracts such as vendor leases and service contracts in collaboration with Area Purchasing Manager
• Review to ensure accounting practices, align with front of house guest experience via seamless transaction options and efficient financial dispute resolution
• Promote collaboration via effective and clear communication and coordination with key department heads & continued collaboration with peers across both hotel properties
• Analyse ROI for capital projects and proficiently present to stakeholders for review & approval
• Timely month-end processes, cash flow management
• Oversight of accounts receivable, payable, and payroll
• Reconciliations and year-end financial tasks
• Provide impactful financial models and deliver essential analysis for strategic decisions
• Work with tax and audit advisors for compliance and manage relationships effectively for obligation
• Review monthly financial reports and supporting schedules prepared by respective Accountants
• Ensure that the profits of the organisation are protected through the establishment of effective budgetary controls and expenditure procedures
• Review reports to analyze projections of sales and profit against actual figures, budgeted expenses against final totals, and suggests methods of improving the planning process as appropriate
• Perform accurate and timely variance analysis for comparison with budget and monitor actual results against budget commitments
• Monitor and interpret financial performance, make recommendations and develop insights to enhance business performance of the Hotel.
• Review performance against budget and provide recommendations on corrective actions.

About you

To be considered for the role we require an Australian citizen who has a Chartered Accountant or CPA qualification, with senior levelled experience in hotels over the past 10 years. Strong attention to detail, excellent numerical skills, and the ability to meet deadlines is essential. The responsibilities include operational accounting, budgeting, compliance, financial analysis, and best practice initiatives.

In addition, you will have experience with Opera (Hotel Property Management System) and SunSystems accounting as well as proven proficiency with Microsoft Excel and a problem-solving attitude. A superior level of leadership, dedication to staff development along with an understanding of the needs and desires of customer service are essential.

Culture and Benefits

• A highly competitive salary as well as a generous discretionary annual bonus
• Discounted meals and non-alcoholic beverages
• Supplied meals during allocated work hours
• Employee Assistance Program
• Complimentary onsite dry cleaning
• Career growth opportunities
• Complimentary onsite car parking

This is a full-time placement, Monday to Friday with occasional evening and weekend work.

How to Apply

If you have the experience, we'll give you the opportunity. Please submit a cover letter and resume. We thank you in advance for taking the time to apply for our exclusive role, please note that only shortlisted candidates will be contacted for an interview.

No recruitment agencies please. 

Applications close: 24 April 2024

Stamford Hotels and Resorts is an equal opportunity employer. We believe in hiring a diverse workforce and sustaining an inclusive, people-first culture. We are committed to non-discrimination on any protected basis, covered under applicable law.Top of Form