Area Director of Finance and Business Support- ...

Area Director of Finance and Business Support- InterContinental BostonHotel: Boston (BOSHA), 510 Atlantic Avenue, 02210OverviewManage the financial reporting and analysis, hotel accounting, internal controls and audits, metrics, benchmarking and implementation of company financial policies and initiatives for multiple hotels assigned within a geographic cluster. Provide strategic financial support to achieve profit and performance objectives and provide business analysis related to short and long-term budget projections, competitive position and return on investment. Typically oversees 3-5 hotel properties and accomplishes goals and objectives through subordinate accounting managers and staff.ResponsibilitiesReview financial performance of assigned area cluster and its individual hotels, analysis of variances, forecasts and budgets. Coordinate budget issues with appropriate hotel and management staff; manage issues related to hotels’ forecasting. Challenge existing strategies and/or recommend alternate strategies to continually improve effectiveness of the business and/or financial management.Participate with hotel management staff in the development of business plans, financial policies, operating and capital budgets and standardization of hotel processes for all hotels in assigned area.Oversee financial administration activities and standard reporting including internal and hotel audits, working capital reporting, period end reporting packages, annual statement of operations and management agreement synopsis.Provide direction and support to the Finance and Accounting team on balance sheet review, hotel audits, P&L reviews, technical accounting, and financial analysis.Analyze and monitor performance of assigned area through benchmarking, flow through and analyses of key indicators to ensure returns are maximized.Manage financial and control issues and their impact to key stakeholders. Support hotels, management and external owners with routine financial issues, escalating complex or sensitive items to regional management for resolution.Review and monitor the area’s cash flow projections, and hotel and IHG receivables.Ensure the finance departments in hotels are set-up in accordance with local law and uniform system of accounts to ensure uniformity throughout the area, and to safeguard assets and returns and minimize risks. Review Internal Audit reports and progress through hotel visits to ensure maximum internal controls are in place. Provide Sarbanes-Oxley (SOX) support for internal controls and ensure compliance of SOX requirements and other applicable regulations within the hotels in the area.Provide emergency assistance and research on fraud remediation/recovery, utilizing local accounting staff at area hotels for assistance.Lead the area’s participation in global finance initiatives; and provide input into the preparation of the long range plan for the division.Coach, train and develop team members; hire, fire, assesses, discipline, document performance, recommend salary and classification changes. Act as advisor to staff to help meet established schedules and/or resolve technical or operational problems.AccountabilityAnnual operating and/or payroll budget(s):Annual operating revenues vary from $20 – $59 million depending on size and location of assigned hotelsQualifications and RequirementsBachelor's or Master's Degree in Accounting, Finance, Business Management or an equivalent combination of education and work related experience. 6 to 10 years progressive work-related experience in accounting, financial planning or analysis, with demonstrated proficiency in multiple disciplines/processes related to the position, including financial analysis at the Controller level, or direct experience as a Hotel Controller.This job requires ability to perform the followingMajority of work is performed in a normal office or hotel environment.Ability to travel up to 25% of time required.Carrying or lifting items weighing up to 25 poundsCommunicating with other peopleTechnical Skills and KnowledgeDemonstrated knowledge of capital projects management standards and techniques and US GAAP regulations and procedures.Demonstrated strong financial management skills (i.e. the ability to analyze P&L statements, develop operating budgets, prepare short and long-term forecasts, and champion capital expenditure planning).Demonstrated strategic planning skills; ability to translate financial concepts into actionable business strategies and tactics.Demonstrated experience in leading and developing people.Demonstrated ability to successfully develop and implement good internal controls, policies and procedures in accordance with SOX regulations.Working knowledge of financial statements and financial principles and the ability to convert them to usage in the hotel industry.Strong communication skills, both verbal and written to address all levels within the organization and ability to gain consensusDemonstrated experience with PeopleSoft and/or Hyperion strongly desired for the purpose of financial reporting, analysis and ternal and External RelationshipsInternal: CMH Management; Hotel management; Brand performance staff; Business Support; CSS staff; Various departments in the area hotels, executives, etc.External: Hotel owners, JV Partners, Select vendors, Internal Auditors and External Auditors.Additional InformationThe statements in this job description are intended to describe the essential nature and level of work being performed. They are not intended to be ALL responsibilities or qualifications of the job.Who we areAs the world’s first and most global luxury hotel brand, InterContinental Hotels & Resorts has pioneered international travel since the 1940s, we are passionate about sharing our renowned international know-how and cultural wisdom in truly impressive surroundings. We all take great pride in being genuine ambassadors of the InterContinental brand and to be part of the brand you will have a thirst for travel, passion for culture and appreciation for diversity. We create inspiring experiences for those seeking a richer perspective on the world. If you’d like to embrace a world of opportunities, we’d like to welcome you to the world’s most international luxury hotel brand.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.The salary range listed is the lowest to highest pay scale we, in good faith, believe we would pay for this role at the time of this posting. We may ultimately pay more or less than the posted range, and the range may be modified in the future. An employee’s pay position within the pay range will be based on several factors, including relevant education, qualifications, certifications, experience, skills, seniority, geographic location, performance, shift, travel requirements, sales or revenue-based metrics, and business or organizational needs.No amount of pay is considered to be wages or compensation until it is earned, vested, and determinable. The amount and availability of any bonus, commission, or other form of compensation allocable to a particular employee remain in the Company's sole discretion unless and until paid and may be modified at the Company’s sole discretion, consistent with the law.If you require reasonable accommodation during the application process, please click here.IHG does not accept applications, inquiries, or unsolicited CVs/resumes from staffing or recruiting agencies. Please click here for our agency policy.If you are a resident of or applying to a job opening in the State of Washington, please click here to read about applicable benefits. #J-18808-Ljbffr

Created: 2025-09-17