Director, Finance & Business Support

Company Description

Fairmont Hotels & Resorts

Join a dynamic team and be part of a network of 90 spectacular properties, and 34 more in the pipeline, in 30 countries around the globe. Our properties are located from the beaches of Hawaii, to the unspoiled national parks of Canada, to the heart of London, to the deserts of the United Arab Emirates.

Our Hotel:

Since 1987, Fairmont Chicago, Millennium Park has been a beacon of luxury hospitality in the heart of the Windy City, consistently creating unforgettable experiences for our guests.

Our hotel boasts 686 spacious guestrooms and suites, including 83 newly renovated Fairmont Gold accommodations, complete with an exclusive lounge. Beyond our guestrooms, we feature over 60,000 square feet of versatile meeting and event space. Here, our incredible events, banquets, culinary teams orchestrate everything from major conferences and corporate events to elegant galas and milestone celebrations. Our culinary outlets are equally impressive, highlighted by our signature restaurant, Toro by Chef Richard Sandoval, which offers vibrant Latin cuisine, complemented by our classic day-to-night Lobby Bar.

Our Mission and Values:

At Fairmont Chicago, Millennium Park, our mission is to create unparalleled luxury experiences, perfectly balancing the serenity of Chicago's iconic parks with the city's vibrant pulse. We believe in the power of connection-between people, place, and purpose. Our core values of authenticity, inclusivity, integrity, and respect guide us daily, fostering a welcoming environment where every team member and guest feels seen, valued, and inspired.

We connect our guests to the true spirit of Chicago through genuine care, thoughtful hospitality, and refined comfort, providing an elevated escape. This commitment extends to our employees, as we are dedicated to building rewarding careers and fostering professional growth within our community.

Fairmont Chicago, Millennium Park is a Fairmont Hotels & Resorts and Accor property.

The Director of Finance provides strategic leadership, functional guidance and valuable insights to Operations Leader, Partner, Executive Committee and Department Heads for optimal business decision;
Interacting with hotel's legal counsel, insurance companies, tax consultants, auditors, commercial and government banks to effectively control the assets of the business. The Director of Finance will be a highly motivated team player with strong accounting, communication, business presentation and analytical skills.

What you will be doing:

• Creating and embracing the business culture through partnership with the General Manager. The Director of Finance and the General Manager are jointly responsible for achieving optimal operating performance and returns for the Hotel and for our owners without losing sight of all measured KPI's
• Developing and managing key relationships, including with Executive Committee Members and hotel leaders, to provide financial support and understanding of short and long-term financial functions and objectives
• Reviewing the financial performance of all hotel departments, conducting analysis of variances, forecasts and budgets. Challenging existing strategies and/or recommending alternate strategies to continually improve effectiveness of the business and financial management.
• Contributing to all business decisions of the hotel regarding revenue generation, hotel expenditure and investment.
• Assisting department heads in the development and implementation of action plans to address internal and/or external audit and operational reports
• Assisting in the development of business acumen of all levels of the hotel leadership team to drive the financial performance and meet all relevant obligations in their areas of responsibility
• Promoting, driving and maximizing GOP Theoretical Flow Through concepts across departments.
• Support the General Manager in developing a strong business relationship with hotel owner by participating and contributing to meetings and discussions, and responding proactively to owner requests
• Analyzing and interpreting financial data and communicating findings in a comprehensible form with meaningful variations to the operations.
• Analyzing the balance sheet accounts on a selected basis
• Preparing monthly internal benchmarking and operational performance analysis reports.
• Developing and implementing benchmarking techniques that will enable the hotel to enhance revenues while improving productivity and cost efficiencies. Seeking, identifying and implementing best practices that will serve to enhance revenues, guest service and improve cost and productivity efficiencies.
• In conjunction with the General Manager and other department heads, preparing the annual budget, capital budgets and the rolling forecast. The Director of Finance will establish the annual budget preparation procedures and guidelines.
• Overseeing the design, implementation, and use of methods and procedures that…