IHG

Director of Finance

IHG$90K — $130K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Accounting or Business Studies required; Master's and/or CPA preferred.
  • 2 to 3 years of Director level experience in hospitality finance preferred.
  • Highly organized and detail-oriented with excellent communication skills.
  • Familiarity with PeopleSoft or similar accounting software preferred.
  • Proficient in Microsoft Office Suite; current technology expertise necessary.
  • Strong financial modeling, project management, and critical thinking abilities.

Responsibilities

  • Supervise all accounting functions for the property.
  • Prepare financial documents according to established schedules and policies.
  • Analyze financial results to advise General Managers and Home Office teams.
  • Maintain monthly balance sheet analysis and prepare forecasts and cash flow statements.
  • Prepare and submit timely sales, use, and occupancy tax returns and required reports.
  • Ensure compliance with treasury cash management and legal agreements.
  • Oversee integrity and efficiency of computerized data processing functions.
  • Compile accurate financial reports, budgets, and forecasts, identifying variances and making improvement recommendations.
  • Review management team forecasts and budgets to ensure performance guidelines are reasonable.
  • Maintain legal, treasury, and tax documentation, satisfying statutory and fiscal reporting requirements.
  • Implement controls to protect property assets against loss or misappropriation.
  • Coach department heads on financial responsibilities and effective management techniques.
  • Monitor economic trends and policies for implications on hotel or restaurant financial performance.

Benefits

  • Comprehensive support for professional development and continuing education.
  • Access to a dynamic and high-quality hospitality environment.
  • Opportunities for career advancement within a reputable company.
  • Employee discounts on hotel stays and restaurant access.
  • Potential for participation in company-wide events and initiatives.
Full Job Description
What You'll Do

Provide the support, financial knowledge, and expertise as a key business manager of the company to assist all levels of management in providing hospitality service of the highest quality to guests worldwide. Assist the General Managers (GMs) in achieving established business goals. Direct the accounting and control functions at the property, while ensuring timely reporting of operating results and maintain the integrity of the management information system.

Some of your responsibilities include:

  • Supervise all accounting functions for your property.
  • Prepare the financial documents within the time frames supplied in the closing schedule and according to the Company Policies and Procedures, Generally Accepted Accounting Principles, and the Uniform System of Accounts.
  • Analyze and interpret financial results in order to assist and advise the GMs and Home Office team.
  • On a monthly basis, maintain balance sheet analysis with full supporting detail and prepare accurate forecasts and cash flow statements upon request.
  • Prepare timely and accurate sales, use, and occupancy tax returns as well as any other external reports or returns as deemed necessary.
  • Ensure successful treasury cash management, compliance with the management agreement and attendant legal documents.
  • Ensure integrity and efficiency of computerized data processing functions.
  • Ensure all financial reports, budgets, forecasts, and other information required by the company are accurately compiled and submitted within the specified time limits, identifying variances, and making recommendations for improvements as appropriate.
  • Review forecasts and budgets prepared by management teams to make sure owners, GMs, and Home Office are provided with guidelines of performance that are both reasonable and achievable.
  • Ensure all legal, treasury, and tax documentation is properly maintained and secured, and that all statutory and fiscal reporting requirements are satisfied, which includes any governmental requirements for permits and licenses.
  • Ensure adequate controls are installed and maintained for the protection of the property's assets against loss or misappropriation.
  • Coach department heads regarding their financial responsibilities and effective financial management techniques.
  • Continuously monitor economic, social, and governmental trends and policies to ensure that management is kept fully apprised of any implications that may affect the performance of the hotel or restaurant in meeting its financial objectives.

What You Bring:

  • Bachelor's Degree in Accounting or Business Studies is required, Master's degree and/or CPA is a plus.
  • 2 to 3 years of Director level experience in hospitality finance is preferred.
  • Well organized, detail-oriented with excellent communication skills.
  • Experience with PeopleSoft or similar accounting package, Outlook soft/BPC is preferred.
  • Proficient in Microsoft Office Suite, current on technology expertise and know-how.
  • Excellent financial modeling, project management, and critical thinking skills with a strong work ethic.

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

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