Director of Finance & Business Support
IHG Hotels & Resorts · Bengaluru, Karnataka, India
IHG Hotels & Resorts · Bengaluru, Karnataka, India
**Your day to day** **People** - Manage everyday activities, plan and assign work ensuring you always have the right staffing numbers - Develop your team and improve their performance through coaching and feedback, and create performance and development goals - recognize good performance - Train your team to make sure they deliver with compliance, to our standards and have the tools they need to work efficiently - Recommend or initiate any HR elated actions where needed - Direct the team on how decision-making impacts profits - Drive a great working environment for teams to thrive – connect departments to create sense of one team **Responsible Business** - Implement and maintain acceptable accounting practices as required by company policy and procedures - Ensure financial control procedures and systems are ethical and legal - Participate in local recognized professional and industry organizations - Manage hotel contracts (example: vendor leases and/or service contracts) - Other ad-hoc duties – unexpected moments when we have to pull together to get a task done **Financial** - Use financial analysis, data trends and market information to anticipate needs, identify operating/financial issues, and recommend actions to maximize financial return - Create the annual operating budget for the property and provide analytical support during budget reviews to identify cost saving and productivity opportunities for department heads - Ensure all accounts are reconciled on a monthly basis and oversee the process of credit extension and collection of overdue accounts - Review rates and recommend rate strategy to the General Manager; participate in sales strategymeetings - Manage accounts payable to balance cash flow and reputation with suppliers - 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 **Guest Experience** - Help guests - you’ll be happy to help if someone needs assistance with a request or complaint - Ensure accounting practices, support the guest experience through payment options (e.g. credit card systems, room charges), inventory controls and financial dispute resolution Accountabilities This is the top Accounting job in a large, luxury, or resort hotel. Typically supervises clerical accounting employees in a full range of functions such as Accounts Payable, Accounts Receivable, Credit/Collections, Purchasing, Audit, Payroll, and/or Accounting Operations. **What We Need From You** - Bachelor’s degree / higher education qualification / equivalent in Accounting and Finance - 10-12years’ experience in hotel accounting or audit with at least one year in an Assistant Controller or similar supervisory role, or an equivalent combination of education and work-related experience - Knowledge of accounting management duties e.g. negotiating hotel space and tenant leases; processing payroll; performing asset management duties; providing business projections, displacement analysis, preparing government reports, filing tax returns etc - Professional accounting or finance designation or certification preferred. - Must speak local language(s). Other languages preferred Don't quite meet every single requirement, but still believe you'd be a great fit for the job? We'll never know unless you hit the 'Apply' button. Start your journey with us today.