Director of Finance & Accounting - InterContinental Houston

JOB OVERVIEW:

As Director of Finance and Accounting, you'll direct hotel financial operations and ensure the security of hotel assets. Reporting on the financial state of hotel you''ll also make recommendations to improve hotel profitability. You''ll be the first point of contact for all hotel financial and accounting-related issues with owners, auditors (internal and external) and regulatory agencies.

DUTIES AND RESPONSIBILITIES:

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 strategy meetings
• 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

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 - recognise 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

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

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 recognised professional and industry organisations
• 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

ACCOUNTABILITY

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 Information Technology.

The position has a direct reporting line to the Regional Vice President of Finance and a dotted-line reporting to the General Manager.

QUALIFICATION AND REQUIREMENTS

• Bachelor's degree / higher education qualification / equivalent in Accounting and Finance
• 6-8 years' experience in hotel accounting or audit with at least two years in a Director of Finance or Financial Controller or similar management 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).

WHAT WE OFFER:

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 - including an impressive room discount and some of the best training in the business.

The annual salary range for this Exempt role is $130,000 - $150,000. This rate is only applicable for jobs to be performed in Houston, Texas.

This is the starting rate we in good faith believe we would pay for this role at the time of this posting. We may pay more or less than the posted rate, and the rate may be modified in the future. An employee's pay position within the pay range will be based on several factors including, but limited to, relevant education, qualifications, certifications, experience, skills, seniority, geographic location, performance, shift, travel requirements, sales or revenue-based metrics, and business or organizational needs.

We offer a comprehensive package of benefits including paid time off, medical/dental/vision insurance, 401k, and many other benefits to eligible full-time employees.

You can apply for this role through the link below (or through the internal career site if you are a current employee).

Remarks: No amount of pay is considered wages or compensation until earned, vested, and determinable. The amount and availability of any bonus, commission, or any other form of compensation that are allocable to a particular employee remains in the Company''s sole discretion unless and until paid and may be modified at the Company's sole discretion, consistent with the law.

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. We promote a culture of trust, support, and acceptance by always welcoming different backgrounds, experiences, and perspectives.

IHG Hotels & Resorts gives every member of the team the room they need to belong, grow and make a difference in a collaborative environment. We know that to work well, we need to feel well - both inside and outside of work - and through our myWellbeing framework, we are committed to supporting wellbeing in your health, lifestyle, and workplace. So, join us and you'll become part of our ever-growing global family.

At IHG Hotels & Resorts, we've made a promise. As one of the world's leading hotel groups, we're here to deliver True Hospitality for Good. Making our guests and colleagues feel welcome, cared for, recognized and respected - wherever they are in the world. Want to be part of the journey?

At IHG, we've made a promise. As one of the world's leading hotel groups, we're here to deliver True Hospitality for Good. Making our guests and colleagues feel welcome, cared for, recognised and respected - wherever they are in the world. Want to be part of the journey?