IHG

Area Director of Finance

IHG • $120K — $150K *
Los Angeles, CA 90011In-Person
Hospitality & Recreation
Less than 5 years of experience
1 month ago
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Accounting or Business Studies preferred; Master's Degree or CPA is a plus.
  • 3 to 4 years of director-level experience in hospitality finance preferred.
  • Outstanding communication skills for implementing strategic plans.
  • Excellent financial modeling, project management, and critical thinking skills.
  • Prior experience with PeopleSoft or similar accounting package; SAP/BPC preferred.
  • Strong computer skills, particularly with Microsoft Office Suite, especially Excel.

Responsibilities

  • Recruit, train, support, and mentor Directors of Finance in your region.
  • Review financial documents and monthly P&L packages before issuance.
  • Complete quarterly balance sheet reviews in Blackline and communicate issues to regional leaders.
  • Collaborate with Ops, Sales, and Revenue teams on budget scrubs prior to regional submission.
  • Build and maintain relationships with asset managers, attending all owner reviews.
  • Monitor hotel cash flow projections to meet funding and distribution requirements.
  • Ensure compliance with Sales and Use Tax laws and lead audit efforts.

Benefits

  • Opportunities for professional development and mentorship.
  • Collaborative teamwork culture within the finance team.
  • Access to leadership roles and career advancement in the hospitality sector.
Full Job Description
What You'll Do

As an Area Director of Finance at Kimpton, you're a strategic partner who works with General Managers and Directors of Operations to provide financial expertise and achieve business goals. You direct accounting and control functions at your area properties while ensuring timely reporting of operating results and maintaining the integrity of the management information system.

Some of your responsibilities include:

  • Recruit, train, support and mentor Directors of Finance (DOFs) in your region to be true business partners.
  • Review of financial documents and monthly P&L packages prior to issuance.
  • Complete quarterly balance sheet reviews in Blackline and communicate any outstanding issues and/or liabilities regional leader.
  • Work in conjunction with Ops, Sales, and Revenue teams to complete area scrubs of budgets prior to submission to the regional team.
  • Build and maintain good relationships with all asset managers and attend all owner reviews.
  • Monitor hotel cash flow projections and ensure we are aligned with funding and distribution requirements per the HOA.
  • Ensure Sales and Use Tax laws are being followed and provide leadership for your teams with respect to tax audits.
  • Plan and coordinate all openings and transitions in your area to include the opening checklist, stub budgets, proration schedules, recruiting, hiring and training all finance staff.
  • Actively participate on the area team and collaborate with fellow Area DOFs on projects, policies, and procedures, etc.
  • Provide accounting teams with the resources, training, and empowerment to carry out their responsibilities. Develop each person's talents and skills to their full potential to improve their contribution to the success of the business.
  • Monitor financial performance by ensuring internal controls are in place, monitoring controls to ensure maximum flow and profit, ensuring DOFs are performing, etc.

What You Bring

  • Bachelor's Degree in Accounting or Business Studies is preferred. Master's Degree and/or CPA is a plus.
  • 3 to 4 years of director-level experience in hospitality finance is preferred.
  • Outstanding communication skills and the ability to implement strategic plans.
  • Excellent financial modeling, project management, and critical thinking skills with a strong work ethic.
  • Prior experience with PeopleSoft or similar accounting package, SAP/BPC is preferred.
  • Strong computer skills and proficiency in Microsoft Office Suite (with an emphasis on Excel).

About IHG

InterContinental Hotels Group (IHG) is a British multinational hospitality company that operates a portfolio of hotel brands, including InterContinental, Crowne Plaza, Holiday Inn, and Kimpton Hotels & Restaurants. The company was founded in 2003 as a result of the merger between British hotel company Six Continents and the hotel and restaurant business of the American conglomerate Bass. IHG is headquartered in Denham, England, and has operations in more than 100 countries. The company's brands cater to a range of travelers, from budget-conscious to luxury-seeking.
Learn more about IHG
Size
40,000 employees
Industry
Hospitality & Recreation
* Ladders Estimates

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