Director of Finance & Business Support at IHG Career

Bengaluru, karnataka, India -

Full Time

Start Date

Immediate

Expiry Date

16 Oct, 26

Salary

0.0

Posted On

18 Jul, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Financial Analysis, Budgeting, Accounting Management, Cash Flow Management, ROI Analysis, Audit, Payroll Processing, Asset Management, Tax Filing, Team Leadership, Vendor Management, Financial Reporting, Credit and Collections, Strategic Planning, Compliance, Hotel Operations

Industry

Hospitality

Description

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 

Responsibilities

Direct hotel financial operations, ensure the security of assets, and provide recommendations to improve profitability. Manage the accounting team and oversee functions including accounts payable, receivable, payroll, and auditing.