Cluster Asst. Director of Finance & Business Support

InterContinental Hotels Group; Denpasar; On-site; USD 40.000 - 55.000; Full time

Job summary

A luxury hotel brand in Bali is seeking an Assistant Director of Finance & Business Support to oversee accounting functions and ensure compliance with financial standards. The ideal candidate will have significant experience in hotel accounting and a relevant degree. This role offers a competitive salary and promotes an inclusive workplace environment where diversity is celebrated.

Benefits

Competitive salary

Room discounts

Comprehensive training

Qualifications

• Minimum two years of experience in hotel accounting or auditing.
• Ability to manage and oversee financial controls and audits.

Responsibilities

• Assist in overseeing the Finance and Accounting department.
• Ensure the smooth operation of accounting functions.
• Manage overdue balances and collection actions.
• Monitor inventory records and ensure compliance.

Skills

Hotel accounting knowledge

Financial report preparation

Auditing experience

Communication skills

Education

Bachelor’s Degree in Hospitality, Commerce, Finance, or related field

Job description

Cluster Assistant Director of Finance & Business Support

InterContinental Hotels & Resorts has delighted luxury travelers since 1946, serving as a meeting place for heads of state, a setting for world-changing speeches, and the impetus for some of the most famous love stories of all time.

The brand has become synonymous with bold exploration, travel, and cultural discovery. The InterContinental The Red Sea Resort exemplifies these attributes. Set within one of the world’s most ambitious luxury tourism developments amidst an archipelago of over 90 pristine islands, the hotel offers guests sweeping views of the ocean and a discreet barefoot luxury experience immersed in nature.

Each of the resort’s 210 sea-facing rooms provides immediate beach access, allowing guests to step out onto the sands of the Red Sea from the terrace. Moreover, the resort features seven different gastronomic experiences, sprawling pools and recreational facilities, a spa, a health club, and curated meeting and events spaces for leisure, business travelers, and groups.

With the worldly experience that travel brings, every stay will take your imagination to places you’d never expect!

Assistant Director of Finance & Business Support

A little taste of your day-to-day:

Administration

• Assist in ensuring that the hotel holds all required licenses and permits to operate, including all insurances as stipulated in the management contract.
• Assist in reviewing all proposed contracts for pricing and terms, ensuring the hotel’s interests are protected at all times.
• Assist in providing support to operational departments in defining, implementing, and following up on improved control tools.
• Maintain close communication with third parties such as owning companies, public auditors, and local authorities.
• Assist in overseeing the Finance and Accounting department, ensuring books, records, and accounts accurately reflect transactions and dispositions of assets.
• Help devise and maintain internal accounting control systems to ensure transactions are executed in accordance with management’s authorization and in compliance with accounting standards and legislation.
• Review and certify internal/external financial reports before distribution and oversee the preparation of the hotel’s yearly operating budget.
• Follow up on audits.

Technical Responsibilities

Assist in overseeing and ensuring the smooth operation of accounting functions, including:

• Timely preparation and accuracy of monthly financial statements and related reports, ensuring corporate deadlines are met.
• Reconciliation of all balance sheet accounts monthly, with discrepancies identified and corrected promptly.

Assist in overseeing Accounts Receivable and Credit functions, including:

• Managing overdue balances and taking appropriate collection actions.
• Organizing regular credit meetings with the General Manager and department heads to analyze debtor balances.
• Maintaining the Accounts Receivable sub-ledgers, creating new debtor codes, and updating credit limits.
• Certifying monthly bank and credit card reconciliations and verifying daily cash and cheque collections.

Assist in overseeing Cost Control functions, including:

• Monitoring inventory records and correcting variances.
• Ensuring accurate recording of food and beverage costs.
• Overseeing procurement processes to ensure compliance with policies.

Assist in managing payroll and administrative functions, including:

• Ensuring payroll accuracy and compliance with tax legislation.
• Handling legal and tax matters in liaison with consultants and authorities.
• Coordinating internal and external audits.
• Implementing and maintaining accounting practices and procedures.
• Reviewing operating equipment stores to prevent excess or obsolete purchases.
• Managing fixed assets, including acquisition and write-offs, and liaising on physical asset counts.
• Identifying training needs and conducting training sessions for staff.
• Reviewing payroll registers and reconciliations.
• Overseeing the hotel’s computer systems.
• Communicating regularly with the Director of Finance and Administration about accounting activities and results.

Qualifications and Experience

• Bachelor’s Degree in Hospitality, Tourism, Commerce, Finance, Business Administration, or related field, or equivalent in Accounting or Finance.
• At least two years of experience in hotel accounting or auditing, or an equivalent combination of education and experience.

What You Can Expect from Us

We provide everything needed to succeed, including a competitive salary, full uniform, room discounts, and comprehensive training. We foster an inclusive environment where diversity is celebrated, and colleagues are encouraged to bring their whole selves to work. We are committed to supporting wellbeing through our myWellbeing framework, promoting health, lifestyle, and workplace support.

Join us and become part of our global family. If you believe you are a great fit, even if you don’t meet every requirement, we encourage you to apply and start your journey with us today.