IHG Director of Finance & Business Support - Crowne Plaza Newcastle UK in Newcastle, United Kingdom
Do you see yourself as a Director of Finance and Business Support?
What's your passion? Whether you're into tennis, shopping or karaoke, at IHG we're interested in YOU. At IHG 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.
Crowne Plaza Newcastle- Stephenson Quarter hotel is an elegant 4* Deluxe hotel one of the newest properties in Newcastle City Centre. Crowne Plaza Newcastle- Stephenson Quarter facilities include, a private Club Lounge, an amazing restaurant, a lively bar, Large and small conference rooms and a health and fitness centre including a Pool.
We have an exciting opportunity to Join us as Director of Finance and Business Support.
This challenging position has overall responsibility for directing the financial operations of the hotel to ensure the security of the assets of the company in a decentralized accounting environment.
You will develop and implement financial control procedures and systems; ensure compliance to "Internal Control Checkup" maintain documents for audits of hotel accounts; ensure compliance with government regulations; federal, state and local laws. Independently comply with record retention requirements. You are charged to create the annual operating budget of the property and provide analytical support during budget reviews to identify cost saving and productivity opportunities for property managers along with maximizing cash flow performance of the hotel through controls on inventory, credit and collection disbursements, deposits and remittances.
You will enforce, document and establish adequate controls for all revenue and expenses and protection of assets, and ensures controls will satisfy or improve the level of guest service while you distribute outlook and forecast information as an up to date management tool for operating departments.
You may perform additional accounting management duties such as negotiating hotel space and tenant leases; processing payroll in a decentralized environment; performing asset management duties; providing forecasting and business projections, displacement analysis, preparing government reports, filing tax returns, etc and assist with other duties as requested.
The role will include but not limited to:
Providing support to the CFO and other ExCo members to optimise the Company’s financial performance and strategic position
Full awareness of the Company’s accounting function
Preparation of weekly and monthly flash covering sales & margin performance of hotels
Preparation of monthly Management Accounts including core financials, variance analysis, KPIs and commentary
Contribution to formulation of annual business plan and subsequent reforecasts
Maintaining contract pricing models and resultant forecast hotel P&Ls
Creation and circulation of monthly hotel P&Ls and performance metrics for incentive target tracking
The ideal candidate should have Bachelor's degree in Accounting, Finance or equivalent and 5 years in hotel accounting or audit with at least one year in an Assistant Controllers or similar supervisory role, or an equivalent combination of education and work-related experience. A ACCA/ CMIA is preferred.
Ideal Candidate will have/be:
The ability to build rapport quickly and build confidence in working relationships whilst understand business issues
High level analytical skills
Experience of strategic financial planning, financial accounting, financial management, management accounts, journals
Strong commercial and business acumen with a strong understanding of the business and the market sector and setting and achieving KPI’s
A ‘can-do’ attitude, professional and approachable, demonstrating Care, Innovation and Equality
Tactful and diplomatic with frankness, honesty and integrity
The ability to work confidentially and with integrity
All applicants must be able to work varying shifts including night, weekends and bank holidays.
You must meet the legal requirements to work in the UK.
In return we’ll give you a salary up to £40,000 and benefits package including uniform, free meals on duty, pension scheme, fitness club membership, hotel discounts worldwide, access to a wide variety of discount schemes and the chance to work with a great team of people. Most importantly, we’ll give you the room to be yourself.
So what's your passion? Please get in touch and tell us how you could bring your individual skills to IHG
IHG is an equal opportunity employer: Minorities / Females / Disabled / Veterans.
Job: Hotel General Management
Requisition ID: R144446