Finance and Business Support Manager

2 weeks ago

Medina, Saudi Arabia InterContinental Full time

When you’re a part of IHG, you're more than your job title. And that's what we love - the individual talents, interests and dreams that make you who you are.

Dar Al Hijra Intercontinental hotel in Madinah is considered one of the best branded hotels with a fabulous location on a few steps from Holy Prophet's Mosque (Al Masjid Al Nabawi). Enjoy spacious food with dramatic views of the mosque by night or sample a variety of Arabian and international cuisine. Ideally placed, this hotel in Madinah is the heart of the city’s financial, commercial, and shopping districts. It is within easy reach of historic sites & Museums including Ohud Mountain, Syed Al Shuhada,

As well as historic mosques like Masjid Quba, Masjid Al Qiblatain, Masjid Al Jum’ah, Masjid Syed Al Shuhada& Seven Mosques...etc. Close to shopping arcades and a commercial centre.The hotel is just 25 minutes’ drive from Madinah International Airport.

The Finance and Business Support Manager is the person who manages the financial operations of the hotel to ensure the security of the hotel assets. Report to Hotel Manager and owners on the financial state of hotel and make recommendations to improve hotel profitability. Serve as primary contact for all hotel financial and accounting related issues with owners, auditors (Internal and External) and regulatory agencies.

**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 Hotel 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 have the information, market data, tools and equipment to successfully carry out job duties. Provide direction to hotel employees on how decision-making impacts profits. 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.
- Implement and maintain acceptable accounting practices as required by company policy and procedures.
- Develop and implement financial control procedures and systems; maintain records for internal and external audits; ensure compliance with government regulations and contractual agreements.
- Participate in local recognized professional and industry organizations.
- Manage hotel contracts (example: vendor leases and/or service contracts).

**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, motivation, 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 we offer**:
We genuinely care about people, and we show this through living out our promise of True Hospitality each and every day. It’s what connects every colleague in all IHG hotels.

Each IHG® hotel brand delivers True Hospitality in their own way, and at the heart of it all are specific, core service skills.
- True Attitude: being caring, wanting to make a positive di

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