Director of Finance and Business Support at InterContinental® Mina Al Arab - Ras Al Khaima (Pre-Opening)
Hotel Brand: InterContinental Hotels
Location: United Arab Emirates, AE-RK, Ra's al Khaymah
Job number: EMEAA20020
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.
The InterContinental® Mina Al Arab will comprise 351 keys, a health club, spa and two pools. Covering an area of 43,770 sq. m, the resort is a short drive from famous archaeological sites such as Dhayah Fort and Sheba’s Palace.
Your day to day
As the Director of Finance and Business Support, you will use financial analysis, data trends and market information to anticipate needs, identify operating/financial issues, and recommend actions to maximize financial return. You will 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. You will analyze ROI for capital projects prior to committing funds and, upon completion, determine if anticipated results were achieved. You will maximize cash flow performance of the hotel through controls on inventory (avoid excessive supply), credit and collection, disbursements, deposits and remittances. You will review rates and recommend rate strategy to the General Manager; participate in sales strategy meetings. You will develop and implement financial control procedures and systems; maintain records for internal and external audits; ensure compliance with government regulations and contractual agreements. You are expected to report to the General Manager and owner on the financial state of the hotel and make recommendations to improve hotel profitability. You will serve as primary contact for all hotel financial – and accounting-related issues with owners, auditors (internal and external) and regulatory agencies.
What we need from you
InterContinental® Mina Al Arab is scheduled to open Q3 2021 and we are now seeking a highly analytical and sophisticated Director of Finance and Business Support who will direct the financial operations of the hotel to ensure the security of hotel assets.
Ideally, to be successful in this role you must have a bachelor’s degree / higher education qualification / equivalent in Accounting, Finance and 4-8 years 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 such as negotiating hotel space and tenant leases; processing payroll; performing asset management duties; providing business projections, displacement analysis, preparing government reports, filing tax returns, etc. as needed or requested. Professional accounting or finance designation or certification preferred.
What we offer
Join us and you’ll 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 - visit www.http://careers.ihg.com to find out more about us.