Finance Executive

1 - 9 years

1 - 9 Lacs

Posted:1 week ago| Platform: Foundit logo

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Work Mode

On-site

Job Type

Full Time

Job Description

Key Objective:

To lead the financial strategy and operations of the hotel by providing accurate, timely, and insightful financial analysis and reporting, ensuring the safeguarding of assets, regulatory compliance, and the development of the finance team, in alignment with the hotel's strategic goals and brand standards.

Key Responsibilities:

Strategic Planning & Financial Leadership

  • Lead the

    financial input

    in the

    formulation and implementation

    of the Hotel's

    Strategic Plan

    ,

    Annual Budget

    , and other long-term financial planning exercises.
  • Maximize the hotel's cash flow performance

    through effective cost control, revenue management, and capital planning.

Internal Controls & Asset Protection

  • Establish and maintain

    robust internal controls

    and financial procedures to ensure the accuracy and integrity of all

    revenues, expenses

    , and asset management.
  • Ensure the

    safeguarding of all hotel assets

    through proper accounting, auditing, and reporting procedures.

Ethical Business Practices

  • Maintain transparent and ethical relationships with

    clients, customers, suppliers

    , and

    financial partners

    .
  • Promote

    mutually beneficial partnerships

    , essential to the long-term success of the hotel.

Financial Reporting & Analysis

  • Deliver

    accurate, timely financial and operating reports

    , providing analysis, interpretations, and forward-looking projections.
  • Ensure compliance with the company's

    Finance Manual

    , and align reporting with brand and ownership expectations.

Legal Compliance

  • Ensure that the hotel's financial operations comply with

    local laws, rules, and regulations

    .
  • Seek legal counsel

    as necessary regarding financial practices, contracts, and other regulatory matters.

Records Management

  • Ensure the proper

    safekeeping and accessibility

    of all financial records, including

    contracts, leases, and legal documentation

    .

Team Leadership & Training

  • Lead the

    development of all Finance associates

    , including identifying training needs and facilitating training opportunities.
  • Foster a high-performance culture within the finance team with a focus on accuracy, integrity, and continuous improvement.

Stakeholder Engagement

  • Maintain professional relationships and act as the primary liaison with

    external stakeholders

    , including

    banks, auditors, tax authorities

    , and legal consultants.
  • Coordinate and support

    internal and external audits

    and ensure timely resolution of findings.

Qualifications & Experience:

  • Bachelor's degree in Finance, Accounting, or related field (CPA, CA, or MBA preferred)
  • Minimum of

    57 years in a senior financial management role

    , preferably in

    luxury hospitality

    or hotel operations
  • Deep understanding of

    hospitality finance operations

    , local regulatory compliance, and financial controls
  • Strong leadership and interpersonal skills, with a proven ability to

    mentor and develop teams

  • Experience in working with

    financial software

    , ERP systems, and MS Office tools
  • High integrity, business acumen, and a commitment to excellence

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IHG Hotels & Resorts logo
IHG Hotels & Resorts

Hospitality

Buckinghamshire

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