Director of Finance Acctg & Bus Supp - InterContinental Washington DC - The WharfHotel Brand: InterContinental
Location: United States, DC, Washington
Hotel: Washington D.C. - The Wharf (WASHC), 801 Wharf Street SW, 20024
IHG Hotels & Resorts is one of the largest hotel companies in the world and one of the world's leading hotel and resort companies with a family of 19 brands. Our purpose – True Hospitality for Good – comes to life in every one of our collections.
About the Director of Finance position Direct the financial operations of the hotel to ensure the security of the assets of the company. This is the top Accounting job in a large full service, luxury 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.
Manage receivables, payables, credit, payroll and cash handling functions with the accounting department. Implement and maintain acceptable accounting practices and procedures as required by company policy and procedures, generally accepted accounting practices, and as affected by local conditions.
Prepare financial analyses of hotel operations including variance explanation and make recommendations to ensure the achievement of business goals/targets.
Use financial analysis, data trends and market information to anticipate needs, identify operating/financial issues, and recommend actions to maximize financial return.
Develop and implement financial control procedures and systems; ensure compliance to "internal Control Checkup"; maintain documents for audits of hotel accounts; ensure compliance with government regulations; federal, state and local laws; and contractual agreements.
Create the annual operating budget for the property and provide analytical support during budget reviews to identify cost saving and productivity opportunities for property managers.
Analyze ROI capital projects prior to committing funds and upon completion determine if anticipated results were achieved.
Maximize cash flow performance of the hotel through controls on inventory, credit and collection, disbursements, deposits and remittances.
Enforce, document and establish adequate controls for all revenue and expenses and protection of assets, and ensures controls will satisfy or improve the level of guest service.
Review rates and recommends rate strategy to the General Manager; participates in sales strategy meetings.
Ensure all accounts are reconciled on monthly basis, review and approve those reconciliations.
What We Need From You Minimum: Bachelor's degree in Accounting, Finance or equivalent 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. CPA preferred. Must speak fluent English. Other languages preferred.
This job requires ability to perform the following:
Carrying or lifting items weighing up to 25 poundsCommunicating with other peopleWhat you can expect from us The salary range for this role is $130,000.00 to $160,000.00. This is the lowest to highest pay scale we in good faith believe we would pay for this role at the time of this posting. This rate is only applicable for jobs to be performed in Washington, DC.
We offer a comprehensive package of benefits including paid time off, medical/dental/vision insurance, 401k, and many other benefits to eligible employees.
Our mission is to welcome everyone and create inclusive teams where we celebrate difference and encourage colleagues to bring their whole selves to work.
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