Financial Accountant

4 days ago

Jeddah, Saudi Arabia Holiday Inn Full time

**A little taste of your day-to-day**:

- Use financial analysis, data trends and market information to anticipate needs, identify operating/financial issues, and recommend actions to maximize financial return.
- Create the annual operating budget for the property and provide analytical support during budget reviews to identify cost-saving and productivity opportunities for department heads.
- Analyze ROI for 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 (avoid excessive supply), credit and collection, disbursements, deposits and remittances.
- Review rates and recommend rate strategy to the General Manager; participate in sales strategy meetings.
- Manage day-to-day activities, plan and assign work, and establish performance and development goals for team members. Provide mentoring, coaching and regular feedback to help manage conflict, improve team member performance, and recognize good performance.
- Educate, train and motivate finance and accounting teams to achieve hotel revenue goals. Ensure staff has the information, market data, tools and equipment to successfully carry out job duties. Provide direction to hotel employees on how decision-making impacts profits.
- Promote teamwork and quality service through daily communication and coordination with key department heads.
- Respond quickly to guest requests in a friendly manner. Follow up to ensure guest satisfaction.
- Ensure accounting practices, support the guest experience through payment options (example: credit card systems, room charges), inventory controls and financial dispute resolution.
- Controls all balance sheet accounts by preparation of monthly accounts reconciliation and actions accordingly.
- Prepares monthly invoices for other IHG hotels, General Manager, Store and Shop rentals.
- Prepares all journal vouchers for month-end closing.
- Prepares monthly Financial Statements for distribution to Department Heads and Executives.
- Responsible for month-end ACOM computer closing.
- Approves various city ledger transactions before posting into HIS.
- Approves payment requests, TERs, employee advances, and petty cash prior to payment.
- Assists Director of Finance & Business Support and Assistant Finance & Business Support Manager in budget preparation and input, forecast reports and monthly reporting to corporate office.
- Supervises Accounts department in the absence of the AFBSM.

**What we need from you**:

- Bachelor’s degree / higher education qualification / equivalent in Accounting or Finance 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.
- Knowledge of accounting management duties.
- Must speak local language(s). Other languages preferred.
- Carrying or lifting items weighing up to 25 pounds.
- Communicating with other people.
- Mathematical skills, including basic math, budgeting, profit/loss concepts, percentages, and variances are utilized frequently.
- Problem-solving, reasoning, motivating, organizational and training abilities are used often.
- Reading abilities are used often in reviewing financial analyses, budgets, and other related reports. Writing abilities are used in compiling these financial reports, as well as to document.
- May be required to work nights, weekends, and/or holidays.

**What you can expect from us**:
We give our people everything they need to succeed. From a competitive salary that rewards all your hard work to a wide range of benefits designed to help you live your best work life - including a full uniform, impressive room discounts and some of the best training in the business.

Our mission is to welcome everyone and create inclusive teams where we celebrate differences and encourage colleagues to bring their whole selves to work. IHG Hotels & Resorts provides equal employment opportunities to applicants and employees without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, or disability. We promote a culture of trust, support, and acceptance. Always welcoming different backgrounds, experiences, and perspectives.

IHG gives every member of the team the room they need to belong, grow, and make a difference in a collaborative environment. We know that to work well, we need to feel well - both inside and outside of work - and through our my Wellbeing

Framework, we are committed to supporting wellbeing in your health, lifestyle, and workplace.

So, join us and you’ll become part of our ever-growing global family.

Don't quite meet every single requirement, but still believe you'd be a great fit for the job? We'll never know unless you hit the 'Apply' button. Start your journey with us today and let's #GoFurtherTogether.

At IHG, we’ve made a pro

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