Director of Finance & Accounting - InterContinental Houston

JOB OVERVIEW:

As Director of Finance and Accounting, 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.

DUTIES AND RESPONSIBILITIES:

Financial

• Use financial analysis, data trends and market information to anticipate needs, identify operating/financial issues, and recommend actions to maximize 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

• 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

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

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

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 recognised professional and industry organisations

• 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

ACCOUNTABILITY

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 Information Technology.

The position has a direct reporting line to the Regional Vice President of Finance and a dotted-line reporting to the General Manager.

QUALIFICATION AND REQUIREMENTS

• Bachelor’s degree / higher education qualification / equivalent in Accounting and Finance

• 6-8 years’ experience in hotel accounting or audit with at least two years in a Director of Finance or Financial Controller or similar management 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).

WHAT WE OFFER:

We give our people everything they need to succeed. From a competitive salary that rewards all your hard work to a wide range of benefits designed to help you live your best work life – including an impressive room discount and some of the best training in the business.

The annual salary range for this Exempt role is $130,000 - $150,000. This rate is only applicable for jobs to be performed in Houston, Texas.

This is the starting rate we in good faith believe we would pay for this role at the time of this posting. We may pay more or less than the posted rate, and the rate may be modified in the future. An employee’s pay position within the pay range will be based on several factors including, but limited to, relevant education, qualifications, certifications, experience, skills, seniority, geographic location, performance, shift, travel requirements, sales or revenue-based metrics, and business or organizational needs.

We offer a comprehensive package of benefits including paid time off, medical/dental/vision insurance, 401k, and many other benefits