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Director of Finance & Business Support - InterContinental Regency Bahr

Intercontinental Hotels Group

Posted on July 11, 2018

1 - 2 years Manama - Bahrain

Any Nationality

Opening 01

Job Description

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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.
JOB LOCATION:
Located in the business
and leisure hub of the city, InterContinental Regency Bahrain offers its guests
the perfect location from where to explore the exciting face of Manama.
The hotel offers 321
spacious rooms including 3 Club floors and 31 luxurious suites. Each room is
designed to meet the needs and the expectations of the modern traveler.
From sophisticated
dining experiences to a taste of traditional romance, InterContinental Regency
Bahrain offers its guest new tastes and unique gourmet treats. With a wide
selection of dining options ranging from international, Italian, steakhouse and
lounges, InterContinental Regency Bahrain promises to delight your palate.
JOB ROLE:
As Director of Finance
and Business Support , you will be responsible in directing the financial
operations of the hotel to ensure the security of hotel assets. Reporting to
GM s and owners on financial state of hotel and making recommendations to
improve hotel profitability. Serve as primary contact for all hotel financial
and accounting-related issues with owners, auditors (internal and external) and
regulatory agencies. Your key responsibilities will include:
• Use financial analysis, data
trends and market information to anticipate needs, identify
operating/financial issues, and recommend actions to maximise financial
return.
• 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.
• Analyse ROI for capital
projects prior to committing funds and, upon completion, determine if
anticipated results were achieved.
• Maximise cash flow performance
of the hotel through controls on inventory (avoid excessive supply),
credit and collection, disbursements, deposits and remittances.
• Review rates and recommend rate
strategy to the General Manager; participate in sales strategy meetings.
• Manage day-to-day activities,
plan and assign work, and establish performance and development goals for
team members. Provide mentoring, coaching and regular feedback to help
manage conflict, improve team member performance, and recognise good
performance.
• Educate, train and motivate
finance and accounting teams to achieve hotel revenue goals. Ensure staff
has the information, market data, tools and equipment to successfully
carry out job duties. Provide direction to hotel employees on how
decision-making impacts profits.
• Promote teamwork and quality
service through daily communication and coordination with key department
heads.
• Respond quickly to guest
requests in a friendly manner. Follow up to ensure guest satisfaction.
• Ensure accounting practices,
support the guest experience through payment options (example: credit card
systems, room charges), inventory controls and financial dispute
resolution.
• Implement and maintain
acceptable accounting practices as required by company policy and
procedures.
• Develop and implement financial
control procedures and systems; maintain records for internal and external
audits; ensure compliance with government regulations and contractual
agreements.
• Participate in local recognised
professional and industry organisations
• Manage hotel contracts (example:
vendor leases and/or service contracts).
• Perform other duties as
assigned. May also serve as manager on duty.
Find out more about
working in Bahrain here:
Join IHG Careers
Bahrain
In return we'll give you
a competitive financial and benefits package which can include, accommodation,
uniform and free meals on duty. Hotel discounts worldwide are available
as well as 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.


Hotels / Hospitality

Administration

Desired Candidate Profile


• 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.

Keywords

Auditing Financial Analysis Cash Flow Dispute Resolution Asset Management Tax Returns Analytical Market Data Account Management Financial Operations

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Intercontinental Hotels Group

Founded in 1988, InterContinental Hotels Group (IHG) is one of the leading hotel groups in the world. The group owns nearly 5,100 hotels and more than 750,000 rooms in almost 100 countries. During 2015, the company had more than 175 million guest nights. Its brands are present in 13 of the 20 larges t hotel markets. In UAE, the hospitality chain has its presence in Dubai, Abu Dhabi and Fujairah. The hospitality giant’s portfolio of brands includes: • InterContinental® Hotels & Resorts• Kimpton Hotels & Restaurants• Holiday Inn• Holiday Inn Express• Crowne Plaza Hotels & Resorts• Hotel Indigo• Staybridge Suites• Candlewood Suites• EVEN Hotels• HUALUXE Hotels and ResortsIHG's aim is to create ‘Great Hotels Guests Love’. Towards this goal, the group is committed to introducing more rooms in its ever-growing portfolio of hotels not just in existing locations but beyond too. The company also aims to reduce the carbon footprint and water use to promote eco-friendly travel amongst its guests.The company welcomes hospitality professional to join its teams with a promise to offer numerous benefit and opportunity that comes with working for a global organization. IHG encourages people to bring their individual passions and ambitions and support its employees in realizing their goals.
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