Asst.Finance and Business Support Manager- InterContinental Al Khobar

Hotels Clubs and Spas
Finance and Accounts
Department Head
ME/GCC (Except UAE)
Salary Description:
Intercontinental Hotels Group (IHG)
Job Ref:

At the moment we're looking for an Assistant Finance & Business Support Manager to join our energetic, enthusiastic and passionate team at InterContinental Al Khobar .

InterContinental Al Khobar is located in the Al Bandariya area of Al Khobar with easy access to the City center, just a few minutes from Al Khobar Corniche and in close proximity to the business and commercial centers. This five star boutique hotel of twin towers is the ideal place for business or leisure memorable meeting experiences, company conventions and gala dinners or receptions. Hotel has 165 spacious guestrooms with four restaurants. Over 230 colleagues are committed to maintaining the highest standards of luxury, quality and service which define the company. We value the passion and enthusiasm of our colleagues and encourage you to share your passion when you work with us

Ideally, you'll have a Bachelor's degree / higher education qualification / equivalent in Accounting or Finance and able to communicate in Arabic. You'll be an integral member of the hotel's Finance & Business Support team, providing expertise and directions for all aspects of the overall business strategy. You will report directly to the Finance and Business Support Manager.

• Prepare financial analysis of hotel operations including variance explanation and make recommendations to ensure the achievement of business goals.
• Prepare hotel and department budgets and financial forecasts and reporting.
• Ensure all accounts are reconciled on a monthly basis and oversee the process of credit extension and collection of overdue accounts.
• Review rates and recommend rate strategy to the General Manager; participate in sales strategy meetings.
• Manage accounts payable to balance cash flow and reputation with suppliers.
• Analyse ROI for capital projects prior to committing funds and upon completion determine if anticipated results were achieved.
• Maximise cash flow performance of the hotel through controls on inventory (avoid excessive supply), credit and collection, disbursements, deposits and remittances.
• Manage day-to-day staffing requirements, plan and assign work, and establish performance and development goals for team members. Provide mentoring, coaching and regular feedback to help manage conflict and improve team member performance.
• Educate and train all team members in compliance with federal, state and local laws and safety regulations. Ensure staff is properly trained and has the tools and equipment to carry out job duties.
• Maintain relations with outside contacts including owners, asset managers, guest, and regulatory agencies, others as needed.
• Respond in a courteous and prompt manner to all guest questions, complaints and/or requests to ensure a high level of guest satisfaction.
• Audit and oversee the accuracy of all guest billing.
• Develop and implement financial control procedures and systems; maintain documents for audits of hotel accounts and inventories; ensure ethical accounting practices in compliance with government regulations and contractual agreements.
• Distribute outlook and forecast information as an up-to-date management tool for departments to identify cost savings.
• Review operating equipment stores to avoid unnecessary/excessive purchases and to eliminate and or be aware of slow-moving items.
• Perform other duties as assigned. May also serve as manager on duty. <br><br>A CCOUNTABILITY

This is the top Accounting job in a full service hotel. Typically supervises clerical accounting employees in a full range of functions such as Accounts Payable, Accounts Receivable, Credit/Collections, Purchasing, Audit, Payroll, and/or Accounting Operations.

• Bachelor's degree / higher education qualification / equivalent in Accounting or Finance and three years in hotel accounting or internal audit with one year in a supervisory role, or an equivalent combination of education and experience. Must speak fluent English.
• Experience in the GCC region in a branded environment
• Seeking a highly confident self-motivated individual with a drive for results to be completely accountable for the finance function in this great hotel.
• Most preferably single or Married with one child

Contact Details:
Intercontinental Hotels Group (IHG)
Tel: .
Contact: HR Department

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