(15h Left) Director Of Finance

Job Category Hotel-Finance Holiday Inn Express Mumbai Powai and Voco Mumbai Powai Hotel Convention Centre an exceptional dual-brand hospitality complex coming up in the vibrant Powai district of Mumbai This complex would offer a combined room inventory of 294 Rooms with extensive MICE and convention offerings Located just 8 kms away from Chhatrapati Shivaji Maharaj International Airport Mumbai and within proximity of IIM Mumbai Campus and famous Powai Lake HIEX Mumbai Powai features 160 rooms in a competitive market dominated by corporate and MICE segments On the other hand Voco Mumbai Powai offers 134 stylish rooms both complemented by comprehensive F B MICE options Guests at HIEX Mumbai Powai can enjoy meals at Fusion Restaurant and may use versatile event spaces which may cater upto 500 pax while Voco Mumbai Powai offers a range of dining experiences from All Day Dining Restaurant of 96 Covers to the rooftop Skky Bar alongside expansive banquet facilities including the boardroom and convention centre Both the hotel would also offer other facilities like fitness centre health clubs while Voco Mumbai Powai Hotel Convention will have Spa with more than 5 treatment rooms cater to both relaxation and active pursuits What is expected from youAs a part of management committee member you shall be responsible to drive success for both the Powai complex hotels - Holiday Inn Express Mumbai Powai and Voco Mumbai Powai Hotel Convention Centre Travel is a journey We help make it a joy Starting with a warm inviting welcome for all guests whether traveling on business or for fun enjoying a quick night or relaxing for the week We thrive on making our guests stays brighter helping them create memories that will last a lifetime Irresistible smiles are our specialty We should know we ve been on our journey since 1952 So if you can help us spread the joy of travel to all we d love to give you a warm welcome to the Holiday Inn Expressxc2xae Voco family What is the jobAs 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 Your day to dayPeople 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 related 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 thisWe 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 IHGxc2xae hotels Each IHGxc2xae 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 There s so much more to the job than we can capture here It s simply about creating great experiences doing the right thing and understanding people What we offerWe ll reward all your hard work with a great work environment and benefits - including but not limited to F B Discount IHG Employee Rate Hotel Uniform Meal at Employee Restaurant excellent development and advancement opportunities across the globe Join us and you ll become part of the global IHG family - and like all families all our individual team members share some winning characteristics As a team we work better together - we trust and support each other we do the right thing and we welcome different perspectives You need to show us you care that you notice the little things that make a difference to guests as well as always looking for ways to improve - visit to find out more about us At IHG Hotels Resorts we are proud to be an equal opportunity employer IHG Hotels Resorts provides equal employment opportunities to applicants and employees without regard to an individual s race color ethnicity national origin religion sex sexual orientation gender identity or expression age disability marital or familial status veteran status or any other characteristic protected by law The statements in this job description are intended to represent the key duties and level of work being performed They are not intended to be ALL responsibilities or qualifications of the job About Us At IHG we ve made a promise As one of the world s leading hotel groups we re here to deliver True Hospitality for Good Making our guests and colleagues feel welcome cared for recognised and respected - wherever they are in the world Want to be part of the journey