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Accounting Financial

Location:
Hamilton, Pembroke Parish, Bermuda
Posted:
March 07, 2018

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Resume:

Stanley Gomes

ac4qhu@r.postjobfree.com

ac4qhu@r.postjobfree.com

Skype ID: stanley.gomes7

Mobile +1-441-***-****

Executive Brief

Hospitality Finance Management Professional with over 16 years of demonstrated experience in offering budgeting, forecasting, cost control, cash management, profit maximization and analyzing financial statements & project implementation.

I have proven ability to manage complex projects, advise at senior level and lead a team to provide a professional support service.

My proven track record includes planning and implementing internal and external audits, internal key controls, policy & procedures, setup of all financial systems, tax structures, and training & development of colleagues.

An expert with new opening projects and I have recently opened

Fairmont Ajman - UAE - 2015,

Fairmont Baku - Azerbaijan - 2012

Swissotel, Kolkata – India - 2010.

Fairmont Bab Al Bahr – UAE - 2009

Specific experience in hotel opening, setting up Finance Department from start, Hotel/Department recruitment.

I have applied for Canadian immigration through Express Entry and my file number is E00805996. My target is to get a Job in Canada so that I can get my Permanent Residence status with my family.

Work Experience

ASST. DIRECTOR OF FINANCE & BUSINESS SUPPORT at Fairmont Southampton, Bermuda, (FRHI Hotels & Resorts Worldwide now part of ACCOR Group)-reporting directly to the regional director of Finance.

June 2017 – Till Date

Develop and maintain timely and accurate financial statements and reports that are appropriate for the users and in accordance with generally accepted accounting principles (GAAP, USALI)

• Develop, implement, and ensure compliance with internal financial and accounting policies and procedures

• Ensure that all statutory requirements of the organization are met

• Prepare all supporting information for the annual audit

• Document and maintain complete and accurate supporting information for all financial transactions

• Develop and maintain financial accounting systems for cash management, accounts payable, accounts receivable, credit control, and petty cash

• Oversee bank reconciliation and investment accounts

• Review monthly results and implement monthly variance reporting

• Manage the cash flow and prepare cash flow forecasts in accordance with policy

• Oversee the bookkeeping function including maintenance of the general ledger, accounts payable, accounts receivable and payroll

• Implement policies and procedures to ensure that personnel and financial information is secure and stored in compliance with current legislation

• Manage the acquisition of capital assets and ensure that assets are properly recorded, amortized, and disposed of as appropriate.

• Liaise with the Treasurer, Finance Committee and/or Audit Committee as appropriate

• Oversee all payroll functions to ensure that employees are paid in a timely and accurate manner

• Negotiate and manage the employee insurance and benefits plans

• Establish guidelines for budget and forecast preparation, and prepare the annual budget in consultation with the Executive Committee

• Maximize income where possible and appropriate

• Oversee the management of all leases, contracts and other financial commitments

• Monitor all legislation and certification relevant to the organization to ensure that the organization is compliant.

FINANCIAL CONTROLLER at Telal Resort, Al Ain UAE The biggest Hunting Resort in UAE, 2016 World Luxury Hotel Award Winner.

February 2017 – May 2017

• Responsible in ensuring the security of hotel assets. Serve as primary contact for all hotel financial and accounting-related issues with Owners, Auditors (internal and external) and regulatory agencies.

• The use of financial analysis, data trends and market information to anticipate needs, identify operating, financial issues, and recommend actions to maximize financial return.

• Support in creating the annual operating budget for the property and provide analytical support during budget reviews to identify cost saving and productivity opportunities for department heads.

• Analyze ROI for capital projects prior to committing funds and, upon completion, determine if anticipated results were achieved.

• Maximize cash flow performance of the hotel through controls on inventory (avoid excessive supply), credit and collection, disbursements, deposits and remittances.

• Review rates and recommend rate strategy to the General Manager; participate in sales strategy meetings.

• Manage day-to-day activities, plan and assign work, and establish performance and development goals for team members. Provide mentoring, coaching and regular feedback to help manage conflict, improve team member performance, and recognize good performance.

• Educate, train and motivate finance and accounting teams to achieve hotel revenue goals. Ensure staff has the information, market data, tools and equipment to successfully carry out job duties.

• Provide direction to hotel employees on how decision-making impacts profits.

• Ensure accounting practices, support the guest experience through payment options inventory controls and financial dispute resolution.

• Implement and maintain acceptable accounting practices as required by company policy and procedures.

• Develop and implement financial control procedures and systems; maintain records for internal and external audits; ensure compliance with government regulations and contractual agreements.

FINANCIAL CONTROLLER at Alfikra Al Hadita Building Cleaning Services, Dubai UAE.

Jun 2016 – February 2017

• Develop and maintain timely and accurate financial statements and reports that are appropriate for the users and in accordance with generally accepted accounting principles (GAAP)

• Develop, implement, and ensure compliance with internal financial and accounting policies and procedures

• Ensure that all statutory requirements of the organization are met

• Prepare all supporting information for the annual audit and liaise with the Board's Audit Committee and the external auditors as necessary

• Document and maintain complete and accurate supporting information for all financial transactions

• Develop and maintain financial accounting systems for cash management, accounts payable, accounts receivable, credit control, and petty cash

• Oversee bank reconciliation and investment accounts

• Review monthly results and implement monthly variance reporting

• Manage the cash flow and prepare cash flow forecasts in accordance with policy

• Oversee the bookkeeping function including maintenance of the general ledger, accounts payable, accounts receivable and payroll

• Develop and implement policies and procedures to ensure that personnel and financial information is secure and stored in compliance with current legislation

• Manage the acquisition of capital assets and ensure that assets are properly recorded, amortized, and disposed of as appropriate.

• Liaise with the Treasurer, Finance Committee and/or Audit Committee as appropriate

• Oversee all payroll functions to ensure that employees are paid in a timely and accurate manner

• Negotiate and manage the employee insurance and benefits plans

• Establish guidelines for budget and forecast preparation, and prepare the annual budget in consultation with the Executive Committee

• Maximize income where possible and appropriate

• Negotiate with Bank for lines of credit or other financial services as required and appropriate

• Oversee the management of all leases, contracts and other financial commitments

• Monitor all legislation relevant to the organization (employment standards, occupation health and safety, human rights, etc.) and all regulations on professional certification to ensure that the organization is compliant.

DIRECTOR OF FINANCE & BUSINESS SUPPORT at Fairmont Ajman, UAE, (FRHI Hotels & Resorts Worldwide now part of ACCOR Group)

November 2014 – April 2016

• Responsible in ensuring the security of hotel assets. Serve as primary contact for all hotel financial and accounting-related issues with Owners, Auditors (internal and external) and regulatory agencies.

• The use of financial analysis, data trends and market information to anticipate needs, identify operating Financial issues, and recommend actions to maximize financial return.

• Support in creating the annual operating budget for the property and provide analytical support during budget reviews to identify cost saving and productivity opportunities for department heads.

• Analyze ROI for capital projects prior to committing funds and, upon completion, determine if anticipated results were achieved.

• Maximize cash flow performance of the hotel through controls on inventory (avoid excessive supply), credit and collection, disbursements, deposits and remittances.

• Review rates and recommend rate strategy to the General Manager; participate in sales strategy meetings.

• Manage day-to-day activities, plan and assign work, and establish performance and development goals for team members. Provide mentoring, coaching and regular feedback to help manage conflict, improve team member performance, and recognize good performance.

• Educate, train and motivate finance and accounting teams to achieve hotel revenue goals. Ensure staff has the information, market data, tools and equipment to successfully carry out job duties.

• Provide direction to hotel employees on how decision-making impacts profits.

• Ensure accounting practices, support the guest experience through payment options inventory controls and financial dispute resolution.

• Implement and maintain acceptable accounting practices as required by company policy and procedures.

• Develop and implement financial control procedures and systems; maintain records for internal and external audits; ensure compliance with government regulations and contractual agreements.

August 2014 - October 2014

-I had taken 3 months leave before opening Fairmont Ajman UAE, as my wife was expecting our first child and she had some medical complication.

ACTING FINANCIAL CONTROLLER at Fairmont Baku, Azerbaijan (FRHI Hotels & Resorts Worldwide now part of ACCOR Group)

November 2013 - July 2014

•Support management in Budgeting, Forecasting, Cash flows, Cost Control, Overseeing the Payroll process, Overseeing Preparation of VAT/TAX returns, Preparing Financial Statements P&L and Balance Sheet, Audits, Timely production of statutory and internal financial reports, Financial Analysis and Implementing Policy & Procedures.

•Provide consistent leadership in the financial areas of the hotel by supplying the accounting colleagues with guidance and training. Responsible for focusing on the profitability of the business, maintaining accurate and timely financial reporting, ensuring acceptable levels on internal control, ensuring compliance with all federal, state, and local regulations, and safeguarding owners/investors asset.

•Overall management of the accounting records and financial reports of the hotel, ensuring compliance with company, owner, statutory and fiscal requirements and timetable.

•Compliance with the management agreement and any Owner / Lease agreement.

•Provide an effective and efficient control through focused system of internal control.

•Monitor compliance with company policy and accounting procedures.

•Ensure legal and tax compliance and that adequate insurance cover is maintained.

•Liaise and co-operate with both Internal and External audits and ensure that corrective action is taken where required.

•Develop best practice financial accounting and control procedures.

•Support and advice the management team on financial and commercial matters.

•Manage the formulation, review and approval of budgeting and strategic planning within the hotel, identifying value opportunities.

•Ensure a regular cycle of forecasting is taking place with content and detail appropriate to the needs of the operation.

ASSISTANT FINANCIAL CONTROLLER at Fairmont Baku, Azerbaijan (FRHI Hotels & Resorts Worldwide now part of ACCOR Group)

November 2011 - October 2013

•Support management in Budgeting, Forecasting, Cash flows, Cost Control, Overseeing the Payroll process, Overseeing Preparation of VAT/TAX returns, Preparing Financial Statements P&L and Balance Sheet,

•Audits, Timely production of statutory and internal financial reports, Financial Analysis and Implementing

Policy & Procedures.

•Provide consistent leadership in the financial areas of the hotel by supplying the accounting colleagues with guidance and training. Responsible for focusing on the profitability of the business, maintaining accurate and timely financial reporting, ensuring acceptable levels on internal control, ensuring compliance with all federal, state, and local regulations, and safeguarding owners/investors asset.

• Ensures compliance with standard and local operating procedures (SOPs and LSOPs).

• Reviews audit issues and makes corrections as necessary.

• Ensures property permits, licenses and if applicable vendor contracts are current.

• Informs and/or updates the executives, the peers and the subordinates on relevant financial information in a timely manner.

• Attends critique meetings to review information with management team.

• Advises the Director of Finance on existing and evolving operating/financial issues.

• Provide direction and assistance to other organizational units regarding accounting and budgeting policies and procedures, and efficient control and utilization of financial resources.

• Achieves and exceeds goals including performance goals, budget goals, team goals, etc.

• Monitors all taxes that apply, ensuring that taxes are current, collected and/or accrued.

• Supports a strong accounting & operational control environment to safeguard assets, improve operations and profitability and manage business risks.

TRAINING AND SUPPORT at Fairmont Grand Hotel Kyiv (FRHI Hotels & Resorts Worldwide now part of ACCOR Group)

May 2013 - May 2013

I was sent to Fairmont Grand Hotel Kyiv by our corporate office while working for Fairmont Baku as Assistant Financial Controller to train and support the migrating of ACCPAC accounting system, to SUN accounting system and to make sure the GL and balance sheet accounts tally.

CHIEF ACCOUNTANT at Fairmont Bab Al Bahr (FRHI Hotels & Resorts Worldwide now part of ACCOR Group)

December 2008 – November 2011

•Set up the accounting department – starting from Payroll, Accounts Payable, Income, Cost Control, Accounts Receivable, General Cashier & Purchasing.

•Assist in the preparation of financial statements, annual budgets, and operating forecasts ensuring that all management reports meet the tight reporting deadlines.

•Provide leadership, coaching and support to the accounting staff motivating and training to provide exceptional guest service.

•Monitor, supervise and prepare month-end balance sheet account reconciliation and analysis.

•Manage the company’s general ledger; ensuring all month-end account reconciliations, account analysis and closing procedures are performed in a timely manner.

•Assist departments in the interpretation, orientation, training and analysis of revenue, payroll and expense matters.

•Assist in maintaining a system of internal controls, meeting all of corporate policies and procedural requirements.

•Assist in the effective utilization and integration of hotel and accounting technology systems, including software applications, current and future.

TRANSITION SUPPORT at Swissotel Kolkata (FRHI Hotels & Resorts Worldwide now part of ACCOR Group)

May 2010 - September 2010

I was chosen by our corporate office, to open Swissotel Kolkata, the 1st hotel in India for FHRI brand as a transition team member while working for Fairmont Bab Al Bahr as Chief Accountant. I have successfully trained them on company policy procedures & setup the finance systems and finance department starting from Chart of Accounts / GL, Accounts Payable, Accounts Receivable, Payroll, Income Audit, General Cashier, Cost Control, Purchasing, month end process and balance sheet reconciliations.

ACCOUNTANT at Fairmont Dubai (FRHI Hotels & Resorts Worldwide now part of ACCOR Group)

July 2006 - November 2008

•Monitor the completion and distribution of daily in-house reports (F&B, Rooms segmentation, Flash, and

Labor).

• Reconcile and monitor all balance sheet accounts according to the policy.

• Assist with the preparation of the hotel’s staffing guides.

• Responsible for the monthly Journal and closing entries.

• Assist with the preparation of the hotel’s Budget.

• Responsible for month-end deadlines and schedules. Operational

• Responsible for the training, development, and motivation of accounting staff.

• Familiar with all Hotel operating systems and software including Financials System, FIDELIO, PMS, Reporting System, EXCEL& Sun System

• Administration of gratuities

• Administer rental and tenant contracts.

• Monitor front office rebates & daily operational package that is routed to GM and Controller.

• Cross train accounting staff in order to cover the General Cashier and Income Auditor

• Compile month-end statistical information for financial statements.

• Prepare month-end journal entries, according to the policy and using standard templates.

• Assist in conducting and completing all standard reconciliation templates according to company policy.

• Assist in General Cash and Income Audit Functions, as required.

• Arrange for stop payments and to monitor bank deposits. Employee Handing

• Ensure that all employees report for duty punctually.

• Assist in building an efficient team of employees that are properly trained.

• Maintain good working relations with colleagues and other departments.

• Conduct employee performance review.

• Act as the Assistant Controller during his/her absence.

TRAIN AND SUPPORT at Fairmont The Norfolk, Nairobi, Kenya

February 2007 - February 2007

I was sent to Kenya by our Regional Director of Finance to Train and Support the Fairmont Norfolk finance team, while working at Fairmont Dubai as Accountant.

INCOME AUDITOR at Fairmont Dubai, UAE

April 2005 - June 2006

AUDIT SUPERVISOR at Fairmont Dubai, UAE

April 2004 - March 2005

NIGHT AUDITOR at Fairmont Dubai, UAE

April 2003 - March 2004

ACCOUNTS PAYABLE at Fairmont Dubai, UAE

December 2001 - March 2003

Trainings

LEADERSHIP PROMISE - FRHI DEVELOPMENT CENTRE

TIME MANAGEMENT - FRHI DEVELOPMENT CENTRE

INTERACTION MANAGEMENT - FRHI DEVELOPMENT CENTRE

THE 7 HABITS OF HIGHLY EFFECTIVE PEOPLE BY STEPHEN R. COVEY

TRAIN THE TRAINER- FRHI DEVELOPMENT CENTRE

WRITING S.M.A.R.T GOALS – FRHI DEVELOPMENT CENTRE

Skills

Opening Hotels

Hotel Management

Budget & Forecasting

Strategic Planning

Profit Maximization

Hotels Revenue Analysis

Analyzing financial reports and Profit and Loss Statement.

Cost Control

Contract Negotiations

Cash flow & Cash Management

Strong working knowledge of Uniform System of Accounts for the Lodging Industry, IFRS, GAAP and audit guidelines.

Planning and implementing internal and external audits.

Implementation of Internal key controls, policy procedures, and tax structures.

Execution and setup of all financial systems for the organization.

In-depth knowledge of the following systems :

SUN Accounting system, WATSON labor management system, Hyperion P&L Reports, SMART view, FR view, SUN (Q&A), ACCPAC- Accounting Manager, HRMS, HITS HR & Payroll Solutions, OASYS HR & Payroll Solutions, Excel, MS Excel, Pivot Tables, Silverware, Opera, Oracle Micros Symphony, Opera S&C-Property Management Systems,,BrichStreet,Materials Control, Spa-Soft, Evention Grats management system, Pegasus, Access, 3C credit card payment gateway,DART, RMC, EMC, JAZZ,TMS, Data Viewpoint,1S -Accounting Manager .

Staff Training & Development

Languages

English (Full professional proficiency)

Hindi (Professional working proficiency)

Bengali (Full professional proficiency)

Educational Qualification

CORNELL UNIVERSITY

FINANCIAL MANAGEMENT,-2009

ST.XAVIERS COLLEGE - CALCUTTA UNIVERSITY

BACHELOR OF COMMERCE, 1999

BRAINWARE

FINANCIAL ACCOUNTING AND ITS BUSINESS APPLICATIONS & COMMERCIAL APPLICATIONS, 1999

BRAINWARE

DIPLOMA IN MS-OFFICE, 1999

ST.XAVIERS COLLEGE

DIPLOMA IN IBM PC SOFTWARES, 1996

Personal Details

Date of Birth: 16th December 1977

Passport #: M4032931

Status: Married

Visa Status: Residence Visa

Driving License: UAE driving license

Nationality: Indian

Language: English, Hindi

Stanley Gomes



Contact this candidate