DIRECTOR OF FINANCE & BUSINESS SUPPORT

Responsible for the supervision of all members of the Accounting Department; Providing functional guidance to Executive Committee and Department Heads; Interacting with hotel’s legal counsel, insurance companies, tax consultants, auditors, commercial and government banks to effectively control the assets of the business and to provide business support.

People

• Direct/Manage everyday activity, 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 for colleagues

• Train colleagues to make sure they deliver with compliance and to the standards we expect

• Drive a great working environment for teams to thrive - linking up departments to create sense of one team

• Promote teamwork and quality service through daily communication and coordination with other departments

• Recommend or initiate any HR elated actions where needed

• Identifies training needs, develops formal training plans and conducts training sessions for accounting and operational staff in coordination with other departments

• Identifies staff with potential for promotion and/or transfer within Accounting operation

Financial

• Help create the department’s annual budget and the setting of departmental goals

• Monitor budget and control expenses with a focus on food, beverage, and labour costs….

• Assists and provides financial guidance in the formulation and implementation of Strategic Plan, Budget and KPO’s (Goals Program)

• Ensure an up to date cash flow projection is maintained and maximizes cash flow performance of the hotel through controls on inventory, credit and collection, disbursements, deposits and remittances

• Ensure excess cash is managed to maximize earning potential

• Prepares outlooks for forthcoming months and forecasts for the remainder of the year

• Prepares monthly position of actual results against budget, analyse results and recommend to Executive Committee measures required to meet budget

• Prepare consolidated quarterly position assessments for the General Manager

• Distributes outlook and forecast information as an up to date management tool for operating departments

• Implement and review financial controls and policies

Guest Experience

• Communicate with Owners

• Obtains appropriate legal counsel regarding the business practices of the hotel and maintains an awareness of local laws, rules and regulations

• Select and monitor the Local Banking arrangements made for the operation of the Hotel in conjunction with the Hotel Owners

• Participates in local recognized professional and industry organizations

Responsible Business

• Analyse financial and management reports

• Design internal reporting systems required by the department and hotel

• Evaluate existing internal control measures that apply to accounting procedures and computer systems as per IHG Policies and Procedures

• Employ adequate internal control procedures to ensure correct authorization for payment procedures

• Manage internal and external audits when they occur

• Provides administrative support to Management with reference to policy enforcement, business advice and operational assistance

• Provides safekeeping, including proper storage and access for all contracts, leases and other financial records

• Follows up on all capital expenditures to ensure compliance with original justification and approval

• Recommends and maintains appropriate list of delegation of authority for hotel management

• Conducts monthly inspections and tests to ensure all departments are complying with required procedures

• Performs those duties required by the controls checklist issued by IHG Regional Director of Finance and Business Support / Area V.P. Finance

• Reviews prices and recommends pricing strategy to the General Manager

• Implements and maintains acceptable accounting practices and procedures as required by InterContinental Hotels Group Policy, generally accepted accounting practices, and as affected by local conditions

• Review of operating equipment stores to avoid unnecessary/excessive purchases and to eliminate (or at least be aware) of obsolete slow moving items

• Ensure all accounts are reconciled on monthly basis, review and approve those reconciliation’s

• Ensure payments are made to IHG (All Fees and billings) as fast as possible

• Works with Human Resources on manpower planning and management needs

• Other ad-hoc duties – unexpected moments when we have to pull together to get a task done

• Be responsible in keeping our property safe and secure, to participate in any hotel activity related to Fire Life safety.

• May also serve as manager on duty (MOD) on request.

• May assist with other duties as assigned by management