About this role
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
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 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
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
Obtains appropriate legal counsel regarding the business practices of the hotel and maintains an awareness of local laws, rules and regulations
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
Participates in local recognized professional and industry organizations
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 CFO
Reviews prices and recommends pricing strategy to the General Manager
Implements and maintains acceptable accounting practices and procedures as required , 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
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
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 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
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
Obtains appropriate legal counsel regarding the business practices of the hotel and maintains an awareness of local laws, rules and regulations
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
Participates in local recognized professional and industry organizations
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 CFO
Reviews prices and recommends pricing strategy to the General Manager
Implements and maintains acceptable accounting practices and procedures as required , 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
Key Tasks
Drive For Results
Compete against a standard of excellence by setting high performance standards and pursuing aggressive goals
Strive for constant improvements and take responsibility for achieving business results and persevere despite obstacles
Courage and Conviction
Use your beliefs and values to benefit the success of the business
Take calculated risks
Constructively challenge the views and opinions of others and question your own assumptions
Take on board new ways of thinking
Take personal ownership for action
Understanding the Market
Seek knowledge on different aspects of internal and external marketplace and inquire about underlying aspects of the business
Gather information from a variety of sources to establish the different facts affecting the business
Demonstrate an understanding of issues relevant to the business and keep your knowledge up to date including legislative information
Strategic Thinking and Innovation
Stand back and think about the broader perspective in order to visualize the way forward
Think about he future and create innovative ideas in order to maximize market opportunities
Recognize the need for new and modified approaches which will benefit the business
Customer Focus
Build and maintain positive relationships with all customers and guests in order to exceed their needs
Take action to address these needs in order to exceed their expectations
Create a positive hotel image in every interaction with internal and external customers
· Champion hotel brand standards
Ensure your direct reports have current guest focused standards and procedures which are used effectively for training purposes
Understanding People
Demonstrate an insight into the behaviour and interests of individuals and use this knowledge to motivate people
Understand human behavioural trends in the marketplace and use this to take initiatives
Working within Organisations
Regularly read to understand the relationships within the business and other organizations such as customers and suppliers and use this knowledge to predict situations and influence outcomes
Demonstrate a flexible and mature management style and adapt your actions to influence others to achieve results
Adhere to InterContinental Hotel Group Corporate Code of Conduct
Impact and Influence
Promote your ideas persuasively, and shape the opinion of subordinates and overcome resistance
Build consensus for action and negotiate mutually beneficial solutions to problems
Leading to Win
Inspire your teams to achieve and exceed the overall business objectives
Communicate a compelling vision and crate enthusiasm and commitment
Motivate a broad range of people through changing circumstances
Building Capacity
Recognize and develop the potential of yourself and your direct reports
Use strengths of others to build organization capability for the future and recognize the advantage diversity brings
Identify and develop talented individuals to benefit ICHG
BCOM / CA / Master Degree with (7-9) years of relevant experience in Hospitality
CIMA - Mandatory
Should be London based
Expats welcome