Title: Director of Finance & Business Support - InterContinental Lagos
Location: IMEA_Africa-Nigeria-Lagos-Lagos
Do you see yourself managing & leading the Finance & Business Support Department in InterContinental Lagos?
Do you have a passion? Whether you're into tennis, shopping or karaoke, at IHG we're interested in YOU!
We employ people who apply the same amount of care and passion to their jobs as they do their hobbies - people who put our guests at the heart of everything they do. And we're looking for more people like this to join our progressive & committed team at the InterContinental Lagos . (http://www.ichotelsgroup.com/intercontinental/en/gb/new-hotels/lagos).
InterContinental Lagos will be located on Victoria Island, in the centre of Lagos home to the majority of foreign embassies and multinational companies, making it the perfect residence for affluent business and diplomatic travelers. Built on an elevated terrain overlooking Lagos's port and the city below, the 19 storey hotel will offer uninterrupted, spectacular views of Lagos Skyline.
InterContinental Lagos will comprise of 361 well-appointed, elegantly decorated rooms and suites as well as a Club InterContinental floor. Guests will have access to an all-day dining restaurant, two specialty restaurants, room service and the pool bar for lighter meal choices and snacks. The lobby lounge and cocktail bar will be the perfect setting for casual meetings over coffee or drinks. In addition, for the health conscious traveler there will be a health club bar serving fresh juices. InterContinental Lagos will also offer exclusive business and conference facilities including a state of the art ballroom with a foyer area, and several additional flexible meeting and breakout. Other amenities will include a fully-equipped gym, outdoor pool, and retail space.
We are currently recruiting our Director of Finance & Business Support
The role of Director of Finance and Business Support is responsible for the supervision of all members of the Accounting Department within the hotel
Key responsibilities of the role include:
Achieve revenue targets
o Enables the delivery of revenue generation programmes through supporting the Revenue and Sales leaders
o Prepares outlooks for forthcoming months and forecast for the remainder of the year
Beat the competition
o Works with area Finance to cascade and implement Finance strategies
o Assists and provides financial guidance in the formulation and implementation of Strategic plan, budget and PO's (Key performance objectives)
o Distributes outlook and forecast information as an up to date management tool for operating departments
o Participates in local recognized professional and industry organizations
Achieve profit targets
o Measures, manages and coaches hotels on costs management inline with forecast/budget.
o Prepares monthly position of actual results against budget, analyze results and recommend to Executive Committee measures required to meet budget
o Prepare consolidated quarterly position assessments for the General Manager and Owners
o Communicate with Owners
o Follows up on all capital expenditures to ensure compliance with original justification and approval
o Review prices and recommends pricing strategy to General Manager
Operate efficiently
o Measures, manages and coaches hotels on operating efficiency (headcount/ expat costs, headcount ratios, vacation consumption/ all operational costs, etc.).
o Presents the hotel trading review.
o Incorporates efficiencies of scale across hotels, i.e. clustering opportunities
o Ensure an up to date cash flow projection is maintained and maximizes cash flow performance of the hotel through controls on inventory, credit and collection, disbursements, deposits and remittances
o Ensure excess cash is managed to maximize earning potential
o Design internal reporting systems required by the department and hotel
Qualifications
· A degree in Finance/Business and/or proven leadership and industry experience
· Typically 5- 8 years experience in Finance & Business support management with at least 3years in Finance leadership positions in hotels of international brand
· Good understanding of the local business and operation environments and markets
· Local or expat
· Service minded and ability to involve and support operations
· Business savvy and good people skills
· Experience in emerging markets / similar hard locations
· Visionary & strategic thinker and ability to convert this to action
Job: Finance & Business Support Management