Assistant Manager, Finance & Business Support - Shared Services

Job description

Description

Your day to day

Job Summary –

Review, analyze and advise Senior Manager Finance & Business Support, Shared Services, Thailand and Regional Management Team of the performance of Shared Service hotels. Liaise on a regular / monthly basis with hotel General Manager on month end / long term plans / budgeting and forecasting issues. Maximize profitability of hotels through bench-marking / best practices and ensures sound controls and accounting standards are in place as per company Policy & Procedures to safeguard assets and return to the owners.

Essential Duties and Responsibilities –

·  Ensure integrity and accuracy of accounts is maintained in PeopleSoft System to meet deadline by working closely and overseeing the India based BSC team.
·  Review the monthly variance analysis reports prepared by the India-based BSC team before submission.
·  Review the monthly Profit & Loss trend to ensure consistent reporting.
·  Ensure General Ledger accounts that relate to Shared Service hotels are reconciled monthly by the BSC team.
·  Support Shared Services Hotel accounting for Singapore / Indonesia & Thailand PeopleSoft hotels.
·  Follow up on all capital expenditures to ensure compliance with original justification and approval within the limit of updated IHG Global DOA.
·  Evaluate existing internal control measures that apply to accounting procedures and computer systems as per IHG Policies and Procedures, assist in internal audits when it occurs within the SS Hotels and Shared Services.
·  Review and analyze Long Term Plans / Annual Plans / Forecasts of Hotels to ensure they are robust and attainable and challenges hotel teams accordingly.
·  Monitor performance of hotels through internal and external bench-marking and flow through and analysis of key indicators to ensure returns are maximized.
·  Highlight successes and issues for Sr Manager F&BS, Shared Services and Regional General Managers/Director of Operations Finance follow up.
·  Ensure that hotel forecast and budget are robust and reasonable, ensure necessary actions are taken in case of shortfalls and long term goals can be set adequately.
·  Ensure that the internal controls in hotels are set-up in accordance with local law and uniform system of accounts to ensure uniformity throughout the region.
·  Perform annual assessment of hotel Control Self Assessment (CSA). Review Internal Audit reports and follow up on all recommended action plans during hotel visits to ensure appropriate internal controls are in place.
·  Ensure IHG Policy & Procedures and Delegation of Authority followed properly to minimize risks.
·  Monitor and follow up IHG receivable collection issues in coordination with Sr Manager F&BS and Business Service Centre, India to ensure all hotel dues are paid to IHG timely and all disputed charges properly identified and resolved.
·  Perform all task and duties of a hotel controller if assigned to a hotel location on a temporary basis.
·  Provide task force support to “in need” hotel or newly opened hotel as directed by the Company.
·  Undertake other duties and responsibilities as required by the Sr Manager F&BS in support of the IHG Southeast Asia strategic direction.
·  Build Hotel Finance Management System according to IHG Standard & requirements.
·  Implementation of IHG Accounting Policies & Procedures.
·  Support / assist the Finance & Business Support team in the new opening/re-branding hotels.
·  Provide regular feedback on milestones achievement and timely escalation of issues to Regional / Area Head of Finance and GM.
What we need from you

·  Minimum 4 years of Accounting experience, preferably in Hotels
·  Strong communicator and able to work with stakeholders across various levels
·  Self-starter, Independent and able to multi-task

This role will be on local package