Assistant Director of Finance - InterContinental Los Angeles Downtown

About Us

Do you see yourself as an Assistant Director of Finance? What's your passion? 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 friendly and professional team.

As the world’s largest family of luxury hotels, we all take great pride in being genuine ambassadors of the InterContinental® brand. Shaped by decades of international know-how and local insights, our passion for luxury travel spans cultures and customs. Inspiring us to create warm and sophisticated experiences for those seeking a richer perspective on the world.

Each of our hotels cultivates a distinctive style and ambience where we embrace every opportunity to give our guests a personal and enriching experience. If you’d like to embrace a wider world of experiences and opportunities, we’d like to welcome you to the world’s most international luxury hotel brand.

The InterContinental Los Angeles Downtown Hotel is located in the Wilshire Grand building, standing 73 stories tall in the core of Downtown’s historic, entertainment, financial, arts, and sports districts. Ideally placed at the heart of the revitalized, energy-charged urban center of the United States’ second-largest city, the hotel provides first-class hospitality that seamlessly intertwines with the fabric of the burgeoning Downtown area.

Your Day to Day

Assists in oversight of the Accounting operation for a cluster of hotels under the guidance of the Area Director, Hotel Finance. Ensures all functions are being performed accurately, on a timely basis and according to hotel standards.

Financial Returns:

• Assist in managing revenues received and dispersed including accounts receivable, accounts payable, and payroll, audit, General Ledger reporting, and cash handling functions for the hotel. Implement and maintain acceptable accounting practices and procedures as required by company policy and procedures, generally accepted accounting practices, and as effected by local conditions.
• Prepare financial analyses of hotel operations including variance explanation and make recommendations to ensure the achievement of business goals.  
• Assist in the preparation of budgets and financial forecasts and reporting. 
• Develop and implement financial control procedures and systems; maintain documents for audits of hotel accounts; ensure compliance with government regulations, federal, state and local laws, to include EEOC, Wage and Hour, union contracts, etc.  Independently comply with record retention requirements.
• Assists with the review of operating equipment stores to avoid unnecessary/excessive purchases and to eliminate (or at least be aware) of obsolete slow-moving items.
• Assists with ensuring all accounts are reconciled on monthly basis, review and approve those reconciliations.
• Assists with ensuring payments are made to IHG (All Fees and billings) as fast as possible.

People:

• Work with other management personnel to establish and implement hotel service standards to achieve maximum profitability and efficiency.
• Promote teamwork and quality service through daily communication and coordination with other departments.  Key departmental contacts include hotel department heads in all departments and Directors of Area or Regional Hotel Finance to obtain/provide information.
• Interact with outside contacts:
  • Guests – to provide service, send bills and collect payment
  • Vendors – to pay bills or discuss pricing or billing issues; to ensure proof of insurance
  • Hotel legal counsel – to obtain legal advice as needed
  • Insurance companies, tax consultants, auditors, commercial and government banks – to collaborate on ongoing financial issues for the hotel
  • HMG accounting staff – to coordinate financial/accounting information, budget preparation, clarify issues and resolve problems.
  • Regulatory agencies – regarding compliance matters
  • Other contacts as needed (Professional organizations, community groups) 

Guest Experience:

• Respond quickly to guest requests in a friendly manner. Follow up to ensure guest satisfaction.

Responsible Business:

• Assists with the distribution of forecast information as an up to date management tool for operating departments.
• Assist in the management of day-to-day operations and assignments of Accounting staff, plan and organize work, communicate goals, and schedule/assign work.  Advise staff of formal policies and procedures, identifying options and resolving issues.  Alert management of potentially serious issues.
• May serve as “manager on duty” as required.
• May process payroll or verify payroll dollars and reports in a decentralized environment.
• May authorize purchase requests as needed.
• May assist with other duties as assigned including assisting staff with their job functions.

What We Need From You

Bachelor’s degree in Accounting, Finance or equivalent and 2+ years in hotel accounting or audit with experience in a supervisory role, or an equivalent combination of education and work-related experience. CPA preferred.  Must speak fluent English.

This job requires ability to perform the following:

• Carrying or lifting items weighing up to 25 pounds
• Communicating with other people

Other:

• Mathematical skills, including basic math, budgeting, profit/loss concepts, percentages, and variances are utilized frequently.
• Problem solving, reasoning, motivating, organizational and training abilities are used often.
• Reading abilities are used often in reviewing financial analyses, budgets, and other related reports.  Writing abilities are used in compiling these financial reports, as well as to document. 
• May be required to work nights, weekends, and/or holidays.

The 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.

What We Offer

The salary range for this role is $110,000.00 - 135,000.00 annually. This range is only applicable for jobs to be performed at the InterContinental Los Angeles Downtown in Los Angeles, California. This 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, but limited to, relevant education, qualifications, certifications, experience, skills, seniority, geographic location, performance, shift, travel requirements, sales or revenue-based metrics, and business or organizational needs.

In return we'll give you a competitive financial and benefits package which can include healthcare and dental coverage, disability and life insurance, and a matched 401(k) program. Hotel discounts worldwide are available as well as the chance to work with a great team of people. Most importantly, we'll give you the room to be yourself.

So what's your passion? Please click "Apply" and tell us how you could bring your individual skills to IHG.

IHG is an equal opportunity employer Minorities / Females / Disabilities / Veterans