Asst. Director/Director - Finance & Business Support
Job Description
Title: Asst. Director/Director - Finance & Business Support
Company Name: Holiday Inn Dhaka City Centre
Vacancy: 1
Job Location: Dhaka
Employment Status: Full-time
Educational Requirements:
∎ Bachelor's/Master's degree in accounting and finance / CA, or ACA qualified background will be preferable.
Experience Requirements:
∎ 4 to 8 year(s)
Job Responsibilities:
∎ Implement and maintain acceptable accounting practices as required by company policy and procedures.
∎ Ensure financial control procedures and systems are ethical and legal.
∎ Participate in locally recognized professional and industry organizations.
∎ Manage hotel contracts (example: vendor leases and/or service contracts)
∎ Maintain records for internal and external audits; ensure compliance with government regulations and contractual agreements.
∎ Ensure accounting practices, support the guest experience through payment options (e.g. credit card systems, room charges), inventory controls and financial dispute resolution.
∎ 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.
∎ 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.
∎ 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.
∎ Knowledge of accounting management duties e.g. negotiating hotel space and tenant leases; processing payroll; performing asset management duties; providing business projections, displacement analysis, preparing government reports, filing tax returns etc.
∎ 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.
∎ Recommend or initiate any HR related actions where needed.
∎ Direct the team on how decision-making impacts profits.
∎ Promote teamwork and quality service through daily communication and coordination with key department heads.
∎ Accountability: This is the top accounting job in a large, luxury, or resort 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.
Additional Requirements:
∎ 4-8 years' experience 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.
∎ Ensure "Control Self Assessment" audit.
∎ Excellent customer relations, problem solving and time management skills.
∎ Proficient knowledge of Microsoft Office.
∎ Assertive, professional and positive with a proven ability to develop in a team environment.
∎ Must be able to work independently and maintain a positive attitude within a very busy environment.
∎ Able to demonstrate excellent team spirit and team building skills.
∎ The Candidate must have sound knowledge on Hospitality industry.
Salary: Negotiable
Compensation & Other Benefits:
∎ As per company Policy.
Job Source: Bdjobs.com Online Job Posting.
Application Deadline: 31 Mar 2023
Company Information:
∎ 12 Mar 2023
∎ Holiday Inn Dhaka City Centre
∎ Address : 23 Shaheed Tajuddin Ahmed Sharani, Tejgaon, Dhaka-1208
∎ Web : holidayinn.com
∎ Business : Luxury 5 Star Hotel under the flagship of IHG (InterContinental Hotels Group)
Category: Accounting/Finance
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