Assistant Director of Finance

IHG•Chicago, IL

26d

About The Position

Assistant Director of Finance Relationships: 1) Reports administratively to the Director of Finance, Accounting and Business Support. 2) Supervises directly or indirectly all members of the accounting department. 3) Provides functional guidance to Executive Committee and department heads. Duties and responsibilities: Collaborate with the Director of Finance as required and advise department heads on the interpretation and analysis of financial data, recommending courses of action to maximize hotel profitability. Assist in directing and administering the hotel’s financial operations including, but not limited to, asset protection, financial reporting, systems management, hotel-wide budget and forecasting, team management, and meeting participation and facilitation Assist with the preparation and review budgets, forecasts/projections, and reporting for corporate and ownership as needed. Conduct month end closings and review financial statements with Director of Finance and leadership team. Assist and participate in taking of inventories on a bi-annual basis. Conduct weekly labor review meetings with the property leadership team and drive desired results. Coordinate with BSC to ensure all necessary information is compiled, reviewed, and approved. Monitor and maintain adequate internal control over revenues, expenses, assets, and liabilities of the hotel (customer billing, paycheck distribution, payroll and bank audits, contract review, compliance, etc.) in accordance with current accounting policies, and procedures. Ensure compliance is maintained with company policies, laws, rules, and regulations. Collaborate with the Director of Finance on findings from CSA and internal audit reviews and oversee the resolution of findings. Oversee and supervise property Accounts Payable, Payroll, and General Accounting functions, Accounting Manager, ensuring synergy with BSC. Collaborates closely with Credit Manager, providing ongoing liaison and operational support. Coach and develop team members; hire, assesses, discipline, and document performance. Act as advisor to staff to help meet established schedules and/or resolve technical or operational problems. Orients property managers to the accounting function and coaches to effectively manage their department’s financial performance. Perform or assist in the performance of balance sheet and bank reconciliations, with Accounting Manager. Ensure that appropriate documentation is provided and reconciling items are resolved Other tasks/projects as assigned. The statements in this job description are intended to describe the essential nature and level of work being performed. They are not intended to be ALL responsibilities or qualifications of the job. The salary range for this role is $104,832 to $113,568 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. We may ultimately pay more or less than the posted range, and the range may be modified in the future. An employee’s pay position within the pay range will be based on several factors, including relevant education, qualifications, certifications, experience, skills, seniority, geographic location, performance, shift, travel requirements, sales or revenue-based metrics, and business or organizational needs. 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? As the world’s first and most global luxury hotel brand, InterContinental Hotels & Resorts has pioneered international travel since the 1940s, we are passionate about sharing our renowned international know-how and cultural wisdom in truly impressive surroundings. We all take great pride in being genuine ambassadors of the InterContinental®️ brand and to be part of the brand you will have a thirst for travel, passion for culture and appreciation for diversity. We create inspiring experiences for those seeking a richer perspective on the world. If you’d like to embrace a world of opportunities, we’d like to welcome you to the world’s most international luxury hotel brand.

Requirements

Bachelor's degree in Finance, Accounting, or a related field.
Five (5) or more years of experience in a similar role.
In-depth knowledge of GAAP and the Uniform Standard of Accounts for the Lodging Industry.
Proficiency with MS Word, Excel, PowerPoint, Outlook, and SharePoint.
Strong attention to detail and accuracy in financial reporting.
Exceptional communication and presentation skills, with the ability to effectively communicate financial concepts to non-financial stakeholders.
Ability to work well under pressure and effectively handle multiple priorities and meet deadlines in a fast-paced and dynamic environment.
Excellent interpersonal skills that build trust and instill confidence in order to motivate and influence others.
Ability to take the initiative to identify, prioritize and implement all elements required for the team to fulfill responsibilities in accordance with core strategic goals.
Strong problem-solving skills, including the ability to effectively address any issue in collaboration with others as appropriate; ability to interpret complex financial data and provide actionable insights; ability to help develop problem-solving skills among direct reports and other team members as appropriate.
Ability to collaborate with others and act in an objective manner in order to effectively solve problems and stay on track toward accomplishing organizational goals.
Strong project management skills, including the ability to manage details through to completion and ensure project deadlines are met.

Nice To Haves

Experience with PeopleSoft ERP, Opera, Micros, and Essbase is highly desired.

Responsibilities

Collaborate with the Director of Finance as required and advise department heads on the interpretation and analysis of financial data, recommending courses of action to maximize hotel profitability.
Assist in directing and administering the hotel’s financial operations including, but not limited to, asset protection, financial reporting, systems management, hotel-wide budget and forecasting, team management, and meeting participation and facilitation
Assist with the preparation and review budgets, forecasts/projections, and reporting for corporate and ownership as needed.
Conduct month end closings and review financial statements with Director of Finance and leadership team.
Assist and participate in taking of inventories on a bi-annual basis.
Conduct weekly labor review meetings with the property leadership team and drive desired results.
Coordinate with BSC to ensure all necessary information is compiled, reviewed, and approved.
Monitor and maintain adequate internal control over revenues, expenses, assets, and liabilities of the hotel (customer billing, paycheck distribution, payroll and bank audits, contract review, compliance, etc.) in accordance with current accounting policies, and procedures. Ensure compliance is maintained with company policies, laws, rules, and regulations.
Collaborate with the Director of Finance on findings from CSA and internal audit reviews and oversee the resolution of findings.
Oversee and supervise property Accounts Payable, Payroll, and General Accounting functions, Accounting Manager, ensuring synergy with BSC.
Collaborates closely with Credit Manager, providing ongoing liaison and operational support.
Coach and develop team members; hire, assesses, discipline, and document performance. Act as advisor to staff to help meet established schedules and/or resolve technical or operational problems.
Orients property managers to the accounting function and coaches to effectively manage their department’s financial performance.
Perform or assist in the performance of balance sheet and bank reconciliations, with Accounting Manager. Ensure that appropriate documentation is provided and reconciling items are resolved
Other tasks/projects as assigned.