IHG Area Director of Finance & Business Support in Pattaya, Thailand

Description:

What is your passion? Whether you're intobooks, sports or singing, at IHG we're interested in YOU! We love people who apply the same amount of care and passion to their jobs as they do their hobbies - people that help us create great hotels guests love.

At the moment we're looking for an Area Director of Finance & Business Support to join our winning, energetic and innovative team at Holiday Inn Pattaya .

Job Summary

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

Review, analyze and advise Area/Regional General Manager and Director of F&BS, Thailand & Indochina of the performance of Area hotels. Liaise on a regular/monthly basis with hotel’s Director of Finance and Business Support and hotel General Manager on month end / long term plans / budgeting and forecasting issues. Maximize profitability of hotels through benchmarking / best practices and ensures sound controls and accounting standards are in place as per company Policy & Procedures to safeguards assets and return to the owners

(Summary only) Full Job Description available upon request

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

  • 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

  • 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

  • Analyse financial and management reports

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

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

  • 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

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

  • Monitor performance of hotels through internal and external benchmarking and flow through and analysis of key indicators to ensure returns are maximized.

  • Perform annual assessment of hotel Control Self Assessment (CSA). Review Internal Audit reports and follow up on all recommended action plans during hotel visits to ensure appropriate internal controls are in place.

  • Develop the capabilities of hotel based Finance team, nurture their careers, and manage the performance in coordination with Director of Finance & Business Support, Thailand & IndoChina.

Qualifications

Decision making responsibilities (Key Decision Rights)

  • Annual Budgeting Process

  • Forecasting

  • Financial Performance

  • Hiring / termination of hotel Director of Finance & Business Support (in consultation with Director of F&BS, Thailand & Indochina)

CONTACTS (Key Relationships)

Key Internal Relationships –

  • Hotel Finance & Business Support

  • Area Director of Sales & Marketing

  • Hotel’s General Manager

  • Business Service Centre

  • Internal Audit and Risk Management

Key External Relationships –

  • Hotel Owners

  • Consultants

  • External Auditors

If you're ready to make the move to a great, new career opportunity, click "Apply Online" now!

To find out more about us or any other jobs with IHG please look at www.ihg.com/careers

Job: Finance & Business Support Management

Location: Thailand-Pattaya

Requisition ID: 40