Accounting Manager

Provide management with timely financial analysis for effective decision making. Prepare all statutory and management requirements of the hotel group and its owners. Develop financial strategies
including IT strategies to help develop the business and review periodically.

1.Essential Duties and Responsibilities - (Key Activities of the role)

• Assists and provides 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 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
• Prepares outlooks for forthcoming months and forecasts for the
  remainder of the year
• Prepares monthly position of actual results against budget, analyze
  results and recommend to Executive Committee measures required
  to meet budget
• Prepare consolidated quarterly position assessments for the General
  Manager
• Distributes outlook and forecast information as an up to date
  management tool for operating departments
• Implement and review financial controls and policies
• Communicate with Owners and maintains good relations and attends
  liaison meetings when required
• Analyze 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
• Provides administrative support to Management with reference to
  policy enforcement, business advice and operational assistance
• Identifies training needs, develops formal training plans and conducts
  training sessions for accounting and operational staff in coordination
  with other departments
• Identifies staff with potential for promotion and/or transfer within
  Accounting operation
• Obtains appropriate legal counsel regarding the business practices of
  the hotel and maintains an awareness of local laws, rules and
  regulations
• Provides safekeeping, including proper storage and access for all
  contracts, leases and other financial records
• Follows up on all capital expenditures to ensure compliance with
  original justification and approval
• Participates in local recognized professional and industry organizations
• Recommends and maintains appropriate list of delegation of authority
  for hotel management
• Conducts monthly inspections and tests to ensure all departments are
  complying with required procedures
• Performs those duties required by the controls checklist issued by IHG
  Regional Director of Finance and Business Support / Area V.P. Finance
• Reviews prices and recommends pricing strategy to the General
  Manager
• Implements and maintains acceptable accounting practices and
  procedures as required by the hotel 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) of obsolete slow
  moving items
• Ensure all accounts are reconciled on monthly basis, review and approve
  those reconciliation's
• Ensure payments are made to IHG (All Fees and billings) as fast as
  possible
• Management of work flows of the finance department
• Assist in the maintenance of the fixed asset register on an annual basis
• Together with the IT Manager develop yearly strategic goals for the hotel
  relating to financial measures
• Work with Head of Departments to perform ad hoc cost benefit analysis
  on various projects
• Works with Human Resources on manpower planning and management
  needs
  
  2.REQUIRED QUALIFICATIONS
  Required Skills -
• Demonstrated ability to interact with customers, employees and third
  parties that reflects highly on the hotel, the brand and the Company.
• Proficient in the use of Microsoft Office
• Problem solving, reasoning, motivating, organizational and training
  abilities.
• Good Communication and writing skills
  
  Qualifications -
• Bachelor's degree in Accounting, Finance or related field. CPA preferred
  
  Experience -
• 4 years in hotel accounting or audit with at least one year in similar
  supervisory role, or an equivalent combination of education and work-related
  experience.
  
  
  Annual Operating Profit/Payroll Budget -
• Department Budget and Headcounts
• Hotel Budget
  
  Key Metrics -
• Departments Budget
• Hotel Budget
• Employee Satisfaction Survey
  
  Decision Making Responsibilities (Decision Rights) -
• Department Budget
• Hotel Budget