Regional Vice President of Finance, West Coast

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Company: IHG

Location: Atlanta, GA 30349

Description:

Role Purpose

The Regional Director of Finance is a key member of Americas' regional leadership team and functions as the business partner to Americas HMG Brand Vice Presidents. As a business partner, the Regional Director of Finance provides leadership and support in developing business plans and financial strategies to achieve overall profit and growth objectives; measuring, tracking and challenging overall performance; managing financial processes and analytic capabilities to enable sound business decisions; and ensuring the maintenance of a strong control environment for the HMG business. Integrate new or acquired business into the control and monitoring processes. Review short and long-term projections, forecasts and budgets for capital and operating expenses and performance. Advise Regional and Hotel Operations of cost reduction and profit improvement opportunities which can be leveraged across the region. Conduct inside and outside research and analysis of financial and business industry trends in order to enhance existing policies, develop effective business strategies which meet the changing needs of the industry and drive strategic efforts for business growth and increased profitability. Oversee and develop hotel level accounting/finance talent ensuring the existence of business goals and priorities to continuously enhance individual performance and overall business results.

Key Accountabilities
  • Develop and manage key relationships with respective North American Operations VPs, RVPs, GMs and the hotel ownership members providing financial support and understanding of short and long-term financial plans. Review financial performance of the region and individual hotels within the region, analysis of variances, forecasts and budgets. Challenge existing strategies and/or recommend alternate strategies to continually improve effectiveness of the regional business or financial management.
  • Contributes to overall business strategy development with a finance-specific lens for region.
  • Assist with translating business needs and opportunities into financial strategies and actions that maximize returns and mitigate risk. Anticipates and identifies business opportunities and challenges and responds with profitable strategies that are aligned with the overall business direction.
  • Monitors owner returns and IHG returns to continuously address default risk, employing corrective and preventive measures as necessary.
  • Identify and implement process improvement opportunities for tracking, controlling, and reporting on spend as needed. Review financial reports for issues of concern regarding trends, competitive position, performance against strategic or budget expectations, effects of changes in business environment, etc. Utilize early warning system (analytical tools, etc.) to highlight critical concerns.
  • Ensure effective compliance is maintained with current accounting policies, corporate procedures and internal control guidance, statutory laws, rules, and regulations along with operating management agreements.
  • Continually monitors the financial control environment, making changes as necessary in collaboration with the HMG Controller, BSC and Internal Audit. Ensure standardized accounting policies and procedures are in place to produce accurate financial reporting.
  • Improves business performance through leveraging talent and organizational systems to strengthen the leadership bench for evolving business needs. Coach 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.
  • Monitors hotel working capital and IHG receivables in the region
  • Integrate new business (acquisitions, new builds, etc.) into the system, as appropriate.

Key Skills & Experiences

Education
  • Bachelor's Degree in Business, Finance, Accounting or a related discipline required; MBA or CPA preferred.

Experience
  • 10+ years progressive work related experience in multiple areas of accounting, financial and/or business analysis.
  • Work experience as a finance leader, with 5 to 7 years managing teams and/or significant complex projects.
  • At least 5 years as hotel Financial Controller or 7 years in a senior finance/accounting position in a corporate / multi branded hospitality experience preferred

Technical Skills and Knowledge
  • Demonstrated ability to assess and understand a variety of internal and external economic and financial issues which impact the business, to analyze data and forecast future business trends, and to develop effective financial plans based on businesses assessments.
  • Ability to evaluate business trends and modify strategies and approaches as necessary.
  • Personally, demonstrates and cultivates in others a strong results orientation.
  • Strong communication skills, both verbal and written to address all levels within the organization and ability to gain consensus
  • Fosters trust and candor. Deals constructively with conflict. Is direct in communicating ideas and concerns without damaging relationships.
  • Demonstrated knowledge of finance, budgeting, and accounting processes and regulations, along with demonstrated knowledge of capital projects management standards and techniques and US GAAP regulations and procedures.
  • Demonstrated ability to scope a project and develop a plan of action, ability to influence others, present convincing arguments and deal with conflicting viewpoints.
  • Supports, manages and initiates positive change within the organization, taking steps to remove barriers or to accelerate its pace.
  • Demonstrated experience in building organizational capability and leadership talent.
  • Strategic and analytical thinker with creative, problem solving abilities.

50% Travel Required

REMOTE WEST COAST

The salary range for this role is $100,000 to $225,000. 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 relevant education, qualifications, certifications, experience, skills, seniority, geographic location, performance, shift, travel requirements, sales or revenue-based metrics, and business or organizational needs.

**This job is also eligible for bonus pay.

We offer a comprehensive package of benefits including paid time off, medical/dental/vision insurance, 401K, and other benefits to employees.

You can apply for this role through the link below (or through an internal career site if you are a current employee).

Note: 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.

At IHG, we've made a promise. As one of the world's leading hotel groups, we're here to deliver True Hospitality for Good. Making our guests and colleagues feel welcome, cared for, recognised and respected - wherever they are in the world. Want to be part of the journey?

We need people like you to make a difference and create exceptional experiences every single day. Don't just join a growing team of 370,000 colleagues across 100 countries. Let your passion shine. Innovate and collaborate around the world. Embrace your ambition.

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.

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