Director of Finance and Business Support

IHG® is one of the world’s leading hotel companies, with a promise to provide True Hospitality for Good. Making everyone feel welcome and cared for, recognized and respected, whoever and wherever they are in the world. Join us and not only can you benefit from the world of variety and opportunity that comes with working for a global organization, but you can also look forward to being part of a company that will appreciate you for being you. We give you room to be yourself.

Do you see yourself as Director of Finance and Business Support at Regent Bali Canggu?

Regent is the epitome of modern luxury for the world’s most discerning travelers. Pushing the boundaries of refined living since 1971, Regent colleagues have set out once more to reimagine uplifting experiences that balance serenity and stimulation to heighten the senses. We’re seeking passionate leader who is a pre-opening leader and can combine informality and fun with professionalism and sophistication, leaders with an inclusive spirit who embrace individuality and inject positivity into their work environments.

Our colleagues are fundamental to delivering the memorable experiences, and we are committed to creating a culture as diverse as the distinct hotels in our portfolio. If you understand the luxury levers that will help, bring to life a unique guest experience then we would love to hear from you.

Your day to day 

Financial Return

• Assist and provide financial guidance in the formulation and implementation of Strategic Plan, Budget and KPO’s (Goals Program).
• Ensure an up-to-date cash flow projection is maintained and maximizes the cash flow performance of the hotel through controls on inventory, credit and collection, disbursements, deposits, and remittances.
• Ensure excess cash is managed to maximize earning potential.
• Prepare outlooks for forthcoming months and forecasts for the remainder of the year.
• Prepare monthly position of actual results against budget, analyse results and recommend to Executive Committee measures required to meet budget.
• Prepare consolidated quarterly position assessments for the General Manager.
• Distribute outlook and forecast information as an up-to-date management tool for operating departments.
• Implement and review financial controls and policies.
• Communicate with Owners.
• Analyse financial and management reports.
• Design internal reporting systems required by the department and hotel.
• Evaluate existing internal control measures that apply to accounting procedures and computer systems as per IHG Policies and Procedures.
• Employ adequate internal control procedures to ensure correct authorization for payment procedures.
• Manage internal and external audits when they occur.
• Provide administrative support to Management with reference to policy enforcement, business advice, and operational assistance.
• Identify training needs, develops formal training plans, and conducts training sessions for accounting and operational staff in coordination with other departments.
• Identify staff with potential for promotion and/or transfer within the Finance operation.
• Obtain appropriate legal counsel regarding the business practices of the hotel and maintain an awareness of local laws, rules, and regulations.
• Provide safekeeping, including proper storage and access for all contracts, leases, and other financial records.
• Follow up on all capital expenditures to ensure compliance with original justification and approval.
• Participate in locally recognized professional and industry organizations.
• Recommend and maintain an appropriate list of delegation of authority for hotel management.
• Conduct monthly inspections and test to ensure all departments are complying with required procedures.
• Perform those duties required by the controls checklist issued by IHG Regional Director of Operations Finance / Area V.P. Finance.
• Review prices and recommend pricing strategy to the General Manager.
• Implement and maintain acceptable accounting practices and procedures as required by InterContinental Hotels Group Policy, generally accepted accounting practices, and as affected by local conditions.
• Select and monitor the Local Banking arrangements made for the operation of the Hotel in conjunction with the Hotel Owners (Managed Hotels).
• Review of operating equipment stores to avoid unnecessary/excessive purchases and to eliminate (or at least be aware) obsolete slow-moving items.
• Ensure all balance sheet accounts are reconciled on monthly basis, review and approve those reconciliations.
• Ensure payments are made to IHG (All Fees and billings) as fast as possible.

Guest Experience

• Build and maintain positive relationship with all internal customer and guests in order to exceed their needs.
• Take action to address these needs in order to exceed their expectation.
• Create a positive hotel image in every interaction with internal and external customer.
• Adhere to hotel brand standards.
• Maintain a high level of product and service knowledge in order to explain and sell service and facilities to guests.
• Assists guests and escort them to location within the hotel at their request.
• Maintain knowledge of special programs and events in the hotel in order to recognize and respond to guests needs.
• Maintain current hotel information to be able to provide information to guests.
• Implements Procedure which enhance the guest experience.
• Build and maintain positive relationships with all internal customers and guests in order to exceed their needs.

Responsible Business

• Strict implementation of the Control Self-Assessment (CSA) and achieve 100% score in CSA Audit of All category.
• Demonstrate an interest in and an understanding of issues relevant to your department and hotel and keep your knowledge up to date, including legislative information.
• Adheres to Intercontinental Hotels Group Corporate Code of Conduct, Employee Handbook and Hotel policies.
• Demonstrates an understanding of competitions major strength and weakness. 
• Establishes and interprets key performance indicator to manage the business, consistently takes into accounts financial implications of business decision and recommendations.
• Has a broad knowledge of how the business is run, focuses on the major factor necessary to ensure that the business is successful and profitable.
• In implementing acceptable accounting practices and procedures in compliance with IHG policies and procedures, government regulation and generally accepted accounting practices and as affected by local conditions.
• Maintain documents for audits of hotel account in compliance with IHG policies and procedures.
• Perform other duties as assigned.

Accountabilities

This job is a first in command in Finance & Business Support Department in a full service, luxury, or resort hotel.