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Director of Finance and Business Support - InterContinental Al Khobar

Hotel Brand: InterContinental Hotels
Location: Saudi Arabia, Eastern, Al Khobar

Job number: EMEAA27289


About Us

As the world’s largest family of luxury hotels, we all take great pride in being genuine ambassadors of the InterContinental® brand. Shaped by decades of international know-how and local insights, our passion for luxury travel spans cultures and customs. Inspiring us to create warm and sophisticated experiences for those seeking a richer perspective on the world. Each of our hotels cultivates a distinctive style and ambience where we embrace every opportunity to give our guests a personal and enriching experience. If you’d like to embrace a wider world of experiences and opportunities, we’d like to welcome you to the world’s most international luxury hotel brand


Your day to day

As a Director of Finance and Business Support, 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. 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   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 recognized professional and industry organizations  • 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  Financial Return: • Use financial analysis, data trends and market information to anticipate needs, identify operating/financial issues, and recommend actions to maximize • 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 . 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 Accountabilities: 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 Accounting Operations


What we need from you

• Bachelor’s degree / higher education qualification / equivalent in Accounting and Finance   • 4-8 years’ experience in hotel accounting or audit with at least one year in an Assistant Controller or similar supervisory 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). Other languages preferred


What we offer

We will reward all your hard work with a great salary and benefits – including a uniform, great room discount and superb training. Join us and you will become part of the global IHG family – and like all families, all our individual team members share some winning characteristics. As a team, we work better together – we trust and support each other, we do the right thing, and we welcome different perspectives. You need to show us you care that you notice the little things that make a difference to guests as well as always looking for ways to improve - click here to find out more about us. At IHG Hotels & Resorts, we are proud to be an equal opportunity employer. IHG Hotels & Resorts provides equal employment opportunities to applicants and employees without regard to an individual's, race, color, ethnicity, national origin, religion, gender identity or expression, age, disability, marital or familial status, veteran status or any other characteristic protected by law. IHG is committed to promoting a culture of inclusion where everyone feels safe, respected, and valued. We seek talent from all backgrounds to join our teams and encourage our colleagues to bring their authentic and best selves to work.
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