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Finance Executive

IHG Hotels & Resorts

  • Location: Mumbai, Maharashtra

  • Category: Hospitality

  • Job Type: Full Time

  • Salary:0.0000- 0.0000

<span data-sheets-root="1" style="color: rgb(0, 0, 0); font-size: 10pt; font-family: Arial;">People<br/><br/>Manage everyday activities, plan and assign work ensuring you always have the right staffing numbers<br/>Develop your team and improve their performance through coaching and feedback, and create performance and development goals - recognise good performance<br/>Train your team to make sure they deliver with compliance, to our standards and have the tools they need to work efficiently<br/>Recommend or initiate any HR related actions where needed<br/>Direct the team on how decision-making impacts profits<br/>Drive a great working environment for teams to thrive &ndash; connect departments to create sense of one team<br/><br/>Responsible Business<br/><br/>Implement and maintain acceptable accounting practices as required by company policy and procedures<br/>Ensure financial control procedures and systems are ethical and legal<br/>Participate in local recognised professional and industry organisations<br/>Manage hotel contracts (example: vendor leases and/or service contracts)<br/>Other ad-hoc duties &ndash; unexpected moments when we have to pull together to get a task done<br/><br/>Financial<br/><br/>Use financial analysis, data trends and market information to anticipate needs, identify operating/financial issues, and recommend actions to maximise financial return<br/>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<br/>Ensure all accounts are reconciled on a monthly basis and oversee the process of credit extension and collection of overdue accounts<br/>Review rates and recommend rate strategy to the General Manager; participate in sales strategy meetings<br/>Manage accounts payable to balance cash flow and reputation with suppliers<br/>Analyse ROI for capital projects prior to committing funds and, upon completion, determine if anticipated results were achieved<br/>Maximise cash flow performance of the hotel through controls on inventory (avoid excessive supply), credit and collection, disbursements, deposits and remittances<br/><br/>Guest Experience<br/><br/>Help guests - you&rsquo;ll be happy to help if someone needs assistance with a request or complaint<br/>Ensure accounting practices, support the guest experience through payment options (e.g. credit card systems, room charges), inventory controls and financial dispute resolution<br/><br/>Accountabilities<br/><br/>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</span> <span data-sheets-root="1" style="color: rgb(0, 0, 0); font-size: 10pt; font-family: Arial;">As Director of Finance and Accounting, you&rsquo;ll direct hotel financial operations and ensure the security of hotel assets. Reporting on the financial state of hotel you&#39;ll also make recommendations to improve hotel profitability. You&#39;ll be the first point of contact for all hotel financial and accounting-related issues with owners, auditors (internal and external) and regulatory agencies.</span>

Finance Executive

Job Description:


Job Responsibility:

Job Summary:

  • Openings: 1

  • Applicants: 0

  • Job Posted:11-03-2025 21:18:49 (27 days ago)

  • Expiration: 03-05-2025 00:00:00.

  • Experiences: 4-8 Years.

  • Education: Bachelor’s degree / higher education qualification / equivalent in Accounting and Finance.

  • Skill: " 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"

Posted by: IHG Hotels & Resorts
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