Assistant Manager Finance

Brand Overview:

Since 1974, ibis has been a trailblazing brand, open and welcoming to all. ibis hotels are beloved by travelers and locals for their contemporary style, vibrant social hubs, rooms that feel like home, lively bars, satisfying dining options, and easy mobile check-in experience. The brand is known for its passion for live music, offering guests playlists curated for every mood and access to exclusive gigs with up-and-coming musicians. No matter where in the world a guest may travel, ibis always feels like the right place to be. With over 2,500 hotels in 70+ countries, ibis family is recognized across the globe as the leading brand in economy hospitality. ibis is part of Accor, a world leading hospitality group counting over 5,500+ properties throughout more than 110 countries, and a participating brand in ALL - Accor Live Limitless – a lifestyle loyalty program providing access to a wide variety of rewards, services and experiences.

India Story:

In India we have 22 hotels in 14 cities- New Delhi, Gurgaon, Jaipur, 3 in Mumbai, Thane, 3 in Chennai, 4 in Bangalore, 2 in Pune, Kochi, Coimbatore, Kolkata, Nashik, Hyderabad and ibis styles in Goa.  

ibis New Delhi Aerocity:

ibis Delhi Aerocity is the flagship of ibis in India contributing with 445 rooms to the largest inventory of Accor in Aerocity area and is the third largest ibis hotel in the world. It is located next to India’s busiest international Airport with the Airport express metro at walking distance. We match our vibes with our guests to create inclusive and uplifting experiences. So we welcome you to the Vibe Headquarters.

We at ibis India are

Open

Always friendly, inclusive, and approachable

Young

Young at heart is the key. After all, age is just a number

Flexible

Going out of our way to accommodate and delight

Energetic

Enthusiasm for always learning and evolving

Job Description

Participates in the development and implementation of business strategies for the hotel which are aligned with Brand’s overall mission, vision, values and strategies

• Develops and implements accounting and finance strategies that support achievement of the hotel’s goals
• Monitor status regularly and adjusts strategies as appropriate
• Develops the annual budget in conjunction with the Executive Team
• Develops and implements financial and purchasing strategies which are aligned with the hotel’s objectives and internal control practices
• Reviews and analyses business strategies throughout the hotel to ensure alignment with the hotel’s financial objectives

Consults with management on strategies to optimize financial results

• Counsels management teams on ways to maximize profits and cash flow; analyses actual practices and data and suggests alternative strategies for managing their business
• Provides management with reports and information that can be used as a basis for improved decision making
• Develops annual operating and capital budget by working with department managers; analyses budget variances and recommends strategies for improvement
• Supports the operation of the hotel by overseeing the purchasing function
• Co-ordinates the implementation of IT systems on-site; works with Corporate Office to ensure that systems adhere to Brand standards and configuration
• Responsible for communication between hotel management and owners

Develops and implements financial strategies and accounting practices and performs a variety of control functions

• Maximizes cash flow by proactively managing accounts payable and accounts receivable functions
• Works with Corporate Accounting in the resolution of accounting issues at the hotel and in the preparation of hotel financial statements and reports
• Ensures that accounting practices adhere to legal requirements and Brand standards including:
• • Preparing and filing of tax and license information returns
  • Providing internal and external auditors with the information they need and implementing their recommendations
• Aligns practices with internal and external audit recommendations
• Develops controls which are complementary to the delivery of 100% Guest Satisfaction
• Articulates policies and audits compliance of cash handling and credit positions and credit
• Reviews and maintains accurate files on all contractual obligations

Develops and implements strategies and practices which support employee engagement

• Recruits and selects qualified candidates
• Provides employees with the orientation and training needed to understand expectations and perform job responsibilities
• Communicates performance expectations and provides employees with on-going feedback
• Provides employees with coaching and counselling as needed to achieve performance objectives and to reach their fullest potential