Are you ready to be a Director of Finance and Business Support atInterContinental Regency Bahrain?
What's your passion?Whether you're into tennis, shopping or karaoke, at IHG we're interested inYOU. 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 ourguests at the heart of everything they do. And we're looking for more peoplelike this to join our friendly and professional team.
JOB LOCATION :
Located in the businessand leisure hub of the city, InterContinental Regency Bahrain offers its gueststhe perfect location from where to explore the exciting face of Manama.
The hotel offers 321spacious rooms including 3 Club floors and 31 luxurious suites. Each room isdesigned to meet the needs and the expectations of the modern traveler.
From sophisticateddining experiences to a taste of traditional romance, InterContinental RegencyBahrain offers its guest new tastes and unique gourmet treats.
With a wideselection of dining options ranging from international, Italian, steakhouse andlounges, InterContinental Regency Bahrain promises to delight your palate.
JOB ROLE :
As Director of Financeand Business Support , you will be responsible in directing the financialoperations of the hotel to ensure the security of hotel assets.
Reporting toGM’s and owners on financial state of hotel and making recommendations toimprove hotel profitability. Serve as primary contact for all hotel financial and accounting-
related issues with owners, auditors (internal and external) andregulatory 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 aboutworking in Bahrain here :
Join IHG CareersBahrain
In return we'll give youa competitive financial and benefits package which can include, accommodation,uniform and free meals on duty.
Hotel discounts worldwide are availableas well as access to a wide variety of discount schemes and the chance to workwith a great team of people.
Most importantly, we'll give you the room to beyourself.
So what's your passion? Pleaseget in touch and tell us how you could bring your individual skills to IHG.
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.