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