FINANCE MANAGER | Kimpton

Job Description

What’s the job?

As Financial Manager, you are responsible for the financial operations of the hotel, optimizing and safeguarding asset value while ensuring accounting compliance with:
• USALI standards (Uniform System of Accounts for the Lodging Industry)
• Internal Audit recommendations (CSA, Control Self Assessment)
• IHG accounting standards (HAM, Hotel Accounting Manual),
• As well as current French regulations.

Your daily responsibilities?

Team Members
• Lead daily financial activities, plan and allocate work ensuring adequate staffing levels
• Work closely with the Cluster team to optimize efficiency of accounting and operational procedures and controls.
• Develop and enhance team performance through coaching and feedback, and set performance and development goals for colleagues
• Train colleagues to ensure they deliver services according to expected standards and have necessary tools for effective work
• Recommend or initiate any HR-related actions if necessary
• Stay in touch with key individuals, including owners, property managers, guests, regulatory bodies, as needed
• Support the management team in financial matters

Financials
• Prepare financial analysis of hotel operations, including variance explanations, and make recommendations to achieve company objectives
• Prepare hotel and department budgets, forecasts, and financial reports
• Ensure all accounts are reconciled monthly and oversee credit extension and accounts receivable collection process
• Review rates, make proposals, and participate in business strategy meetings
• Manage accounts payable to balance cash flow and maintain reputation with suppliers
• Provide financial reports as per owner requirements
• Handle accounting preparation and month-end tasks
• Assist owner with any required tax filings
• Maintain and reconcile balance sheet accounts and bank reconciliations
• Manage hotel cash flow to ensure smooth hotel operations
• Oversee payroll and salary approval process
• Budget control and CAPEX expenditure

Responsible Business
• Ensure financial control procedures and systems are ethical and legal
• Provide information on outlooks and forecasts so services can identify savings opportunities
• Minimize waste and reduce slow-moving inventory
• Ensure compliance with Management Agreement (HMA)
• Other ad hoc tasks – unexpected moments where we need to come together to accomplish a task

What we expect from you:
• Degree in Accounting or Finance
• At least five (5) years of hotel accounting or internal audit experience, including one year of supervision
• Must be fluent in French (native or C2 level) and English (B2 level)

What’s the job?

As Financial Manager, you are responsible for the financial operations of the hotel, optimizing and safeguarding asset value while ensuring accounting compliance with:
• USALI standards (Uniform System of Accounts for the Lodging Industry)
• Internal Audit recommendations (CSA, Control Self Assessment)
• IHG accounting standards (HAM, Hotel Accounting Manual),
• As well as current French regulations.

Your daily responsibilities?

Team Members
• Lead daily financial activities, plan and allocate work ensuring adequate staffing levels
• Work closely with the Cluster team to optimize efficiency of accounting and operational procedures and controls.
• Develop and enhance team performance through coaching and feedback, and set performance and development goals for colleagues
• Train colleagues to ensure they deliver services according to expected standards and have necessary tools for effective work
• Recommend or initiate any HR-related actions if necessary
• Stay in touch with key individuals, including owners, property managers, guests, regulatory bodies, as needed
• Support the management team in financial matters

Financials
• Prepare financial analysis of hotel operations, including variance explanations, and make recommendations to achieve company objectives
• Prepare hotel and department budgets, forecasts, and financial reports
• Ensure all accounts are reconciled monthly and oversee credit extension and accounts receivable collection process
• Review rates, make proposals, and participate in business strategy meetings
• Manage accounts payable to balance cash flow and maintain reputation with suppliers
• Provide financial reports as per owner requirements
• Handle accounting preparation and month-end tasks
• Assist owner with any required tax filings
• Maintain and reconcile balance sheet accounts and bank reconciliations
• Manage hotel cash flow to ensure smooth hotel operations
• Oversee payroll and salary approval process
• Budget control and CAPEX expenditure

Responsible Business
• Ensure financial control procedures and systems are ethical and legal
• Provide information on outlooks and forecasts so services can identify savings opportunities
• Minimize waste and reduce slow-moving inventory
• Ensure compliance with Management Agreement (HMA)
• Other ad hoc tasks – unexpected moments where we need to come together to accomplish a task

What we expect from you:
• Degree in Accounting or Finance
• At least five (5) years of hotel accounting or internal audit experience, including one year of supervision
• Must be fluent in French (native or C2 level) and English (B2 level)