Job Description

Essential Duties and Responsibilities – (Key Activities of the Role)

• Assists in providing financial guidance in the formulation and implementation of Strategic Plan, Budget and KPO’s (Goals Program).
• Assists in implementing and reviewing financial controls and policies.
• Assists in the analysis of financial and management reports.
• Assists in the design of internal reporting systems required by the department and hotel.
• Assists in the evaluation of existing internal control measures that apply to accounting procedures and computer systems as per IHG Policies and Procedures.
• Employs adequate internal control procedures to ensure correct authorization for payment procedures.
• Assists in the management of 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.
• Participates in local recognized professional and industry organizations.
• Conducts monthly inspections and tests to ensure all departments are complying with required procedures.
• Performs duties required by the controls checklist issued by IHG Regional Director of Finance / Area V.P. Finance.
• Implements and maintains acceptable accounting practices and procedures as required by InterContinental Hotels Group Policy, generally accepted accounting practices, and local statutory requirements.
• Assists in the review of operating equipment stores to avoid unnecessary/excessive purchases and eliminate obsolete slow-moving items.
• Assists in ensuring all accounts are reconciled on a monthly basis and reviews and approves reconciliations.
• Assists in ensuring payments are made to IHG (all fees and billings) within stipulated timelines.
• Assists with the management of workflows of the Finance Department.
• Assists in the maintenance of the fixed asset register on an annual basis.
• Works with Heads of Departments to perform ad hoc cost-benefit analysis on various projects.
• Assists in enforcing, documenting and establishing adequate controls for all revenues, expenses and protection of assets.
• Maintains up-to-date account analysis and reconciliations.
• Interacts, as required, with individuals outside the hotel including legal counsel, insurance companies, tax consultants, auditors, commercial banks and government authorities.
• Assists in maintaining accurate and timely financial and operating information and ensures corporate deadlines are met.
• Assists in follow-up on all capital expenditures to ensure compliance with original justification and approval.
• Maintains professional and technical competence.
• Assists in implementing and maintaining acceptable accounting practices and procedures as required by IHG policies and procedures and generally accepted accounting practices.
• Assists in control of inventory, credit, collections, disbursements, deposits and remittances.
• Ensures compliance with GST, TDS and other statutory regulations applicable to hotel operations.
• Assists in GST reconciliations, TDS deductions, statutory payments, return filings and related documentation.
• Coordinates with auditors and consultants for taxation and compliance-related matters.
• Works with Superior on manpower planning and management needs.