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Home Saudi Arabia Director of Finance & Business Support

Director of Finance & Business Support

Full time at IHG Hotels & Resorts in Saudi Arabia
Posted on December 26, 2024

Job details

Do you see yourself as a Director of Finance & Business Support ? At IHG we're interested in YOU. We employ people who apply the same amount of care and passion to their jobs as they do their hobbies - people who put our guests at the heart of everything they do. And we're looking for more people like this to join our friendly and professional team. As the world’s largest family of luxury hotels, we all take great pride in being genuine ambassadors of the InterContinental brand. Shaped by decades of international know-how and local insights, our passion for luxury travel spans cultures and customs. Your Day to Day Direct the financial operations of the hotel to ensure the security of the assets of the company. Duties and Responsibilities: Financial Returns

  1. Manage receivables, payables, credit, payroll and cash handling functions with the accounting department. Implement and maintain acceptable accounting practices and procedures as required by company policy and procedures.
  2. Prepare financial analyses of hotel operations including variance explanation and make recommendations to ensure the achievement of business goals/targets.
  3. Use financial analysis, data trends and market information to anticipate needs, identify operating/financial issues, and recommend actions to maximize financial return.
  4. Develop and implement financial control procedures and systems; ensure compliance with government regulations and local laws; and contractual agreements.
  5. Create the annual operating budget for the property and provide analytical support during budget reviews.
  6. Analyze ROI capital projects prior to committing funds and upon completion determine if anticipated results were achieved.
  7. Maximize cash flow performance of the hotel through controls on inventory, credit and collection, disbursements, deposits and remittances.
  8. Enforce, document and establish adequate controls for all revenue and expenses and protection of assets.
  9. Review rates and recommends rate strategy to the General Manager.
  10. Ensure all accounts are reconciled on a monthly basis, review and approve those reconciliations.
People
  1. Serve as member of Executive Committee/Management Team, and work with other management personnel to establish and implement hotel service standards.
  2. Ensure all staff are properly trained and have the tools and equipment needed to effectively carry out their job functions.
  3. Promote teamwork and quality service through daily communication and coordination with other departments.
Guest Experience
  1. Respond quickly to guest requests in a friendly manner. Follow up to ensure guest satisfaction.
Responsible Business
  1. Manage day-to-day operations and assignments of hotel accounting staff, plan and organize work, communicate goals, and schedule/assign work.
  2. Participate in local recognized professional and industry organizations.
  3. May serve as “manager on duty” as required.
What We need from you:
  1. Bachelor’s degree in Accounting and Finance.
  2. 4-8 years’ experience in hotel accounting or auditing with at least one year in a supervisory role.
  3. Knowledge of accounting management duties.
  4. Professional accounting or finance designation or certification preferred.
  5. Experience managing Hotel renovation.
  6. Must speak local language (Arabic).
What you can expect from us: We give our people everything they need to succeed. From a competitive salary that rewards all your hard work to a wide range of benefits designed to help you live your best work life. Our mission is to welcome everyone and create inclusive teams where we celebrate difference and encourage colleagues to bring their whole selves to work. IHG Hotels & Resorts provides equal employment opportunities to applicants and employees without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, or disability. So, join us and you’ll become part of our ever-growing global family. 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. #J-18808-Ljbffr

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