Director of Finance & Business Support

4 - 8 years

6 - 10 Lacs

Posted:2 weeks ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

What is the job

As Director of Finance and Business Support, you will be a key member of the executive leadership team, responsible for driving financial performance, ensuring compliance, and supporting strategic decision- making. You ll oversee all finance- related functions while providing critical business insights to enhance revenue and profitability across our diverse operations including F&B outlets (All Day Dining, Lobby Lounge, Bar), Room Service, Meetings & Events (under 500 covers), Spa, Health Club, and Pool.
This is an opportunity to lead financial stewardship at a hotel that blends premium hospitality with operational excellence.
At voco we look for people who are dynamic, confident and ambitious; people who excel in their role and help our guests succeed too.

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

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

Financial

  • 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
  • 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
  • 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

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

Accountabilities

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 Accounting Operations.

What we need from you

  • Bachelor s degree / higher education qualification / equivalent in Accounting and Finance
  • 4- 8 years experience 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 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). Other languages preferred

How do I deliver this

We genuinely care about people and we show this through living out our promise of True Hospitality each and every day. It s what connects every colleague in all IHG hotels.

Each IHG hotel brand delivers True Hospitality in their own way, and at the heart of it all are specific, core service skills.
  • True Attitude:

    being caring, wanting to make a positive difference, and building genuine connections with guests
  • True Confidence

    : having the knowledge and skills to perform your role, and giving guests the confidence that they can trust you, to help and support them during their stay
  • True Listening

    : focusing on what your guest is saying, picking up on body language that is often overlooked, and understanding what the guest wants and needs
  • True Responsiveness

    : is about providing guests with what they need, and doing so in a timely and caring manner

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IHG Hotels & Resorts logo
IHG Hotels & Resorts

Hospitality

Buckinghamshire

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