Internal Controls Manager

Why We're Here

We believe heartfelt, human connections make people's lives better. Especially the people who work here.

Our founder, Bill Kimpton rebelled against impersonal, generic hospitality that makes people feel disconnected. He initiated a new boutique hotel standard and environment where people could connect, from the heart. That was the goal then, and it is still our purpose today.

Your work here has meaning. You're here to improve the lives of coworkers, guests, owners, communities, and together we make that happen. It's what drives all that we do. Every day you can improve lives in your own, unique way and you can expect the same in return. It all starts with you.

How We're Different

Our San Francisco-born entrepreneurial spirit and zest for life kick started this culture in 1981, and it shines through to this day.

It all flows from you. The lively, rebellious, genuine you - with your diverse background, talents, experiences, and plucky personality - is fully welcome, and celebrated here. Because we know that when people can be themselves at work, they shine.

That's what we seek out and celebrate. It's people of all kinds who share a knack for creativity and self-leadership. People who don't need to be told what to do to get things done. People who have an innate passion for making others' lives better.

It adds up to a work environment that's a bit quirky, irreverent, exciting, uncommon, empowering, and downright exceptional. Guests feel it; you'll feel it too.



What You'll Do

We are seeking a highly competent, detail-oriented self-starter to join our team as an Internal Controls Manager. The Internal Controls Manager will be required to execute across a broad spectrum of responsibilities inclusive of: reviewing, implementing and maintaining robust internal control procedures to safeguard assets; ensuring compliance with regulations; optimizing financial & operational control effectiveness within the hotel’s controls environment.

Some of your responsibilities include: 

1. Risk Assessment and Mitigation
   1. Conduct regular risk assessments to identify potential areas of vulnerability and develop strategies to mitigate risks.
   2. Implement controls to safeguard hotel assets, including cash, inventory, and sensitive information.
      
      
2. Developing and Implementing Risk Based Internal Control Policies and Procedures aligned to the COSO Framework. Duties will include:
   1. The Design, documentation, and implementation of comprehensive internal control policies for Accounts Payable, Accounts Receivable, Purchasing, Payroll etc. tailored to the specific needs of the hotel per USALI.
   2. Ensuring company adherence to SOX control standards and regulatory requirements that support IHG controllership requirements and objectives.
      
      
3. Financial Controls and Compliance
   1. Oversee financial controls to ensure accuracy and integrity of financial transactions, including revenue recognition, expense management, and reconciliation processes.
   2. Monitor compliance with accounting standards, tax regulations, and internal policies.
   3. Assist with month end and year end closing processes.

 

1. Audits and Reviews
   1. Perform regular audits and reviews of operational processes to assess compliance with internal policies and identify opportunities for improvement.
   2. Collaborate with department heads to address control deficiencies and implement corrective actions.
   3. Manage external audits conducted by Owner, Manager or third party.
      
      
2. Training and Awareness
   1. Provide training and guidance to hotel staff on internal control procedures, including segregation of duties, authorization protocols, and fraud prevention measures.
   2. Foster a culture of accountability and compliance throughout the organization.
      
      
3. Reporting and Analysis
   1. Prepare regular reports and analysis on internal control activities, audit findings, and compliance status for management review.
   2. Communicate findings and recommendations effectively to senior management and stakeholders.

Benefits:

• Comprehensive benefits package including health insurance, retirement plans, and vacation allowance.
• Competitive salary commensurate with experience.
• Opportunities for professional development and career advancement within a dynamic hotel hospitality environment.

What You Bring

• Proven experience in internal controls, audit, or compliance roles within the hotel hospitality industry, with at least 5 years of relevant experience.
• 2 years of experience managing and executing managerial accounting withing the hotel hospitality industry according to US GAAP and USALI requirements.
• Strong understanding of COSO internal control frameworks, financial processes, and regulatory requirements applicable to the hotel industry.
• Bachelor's degree in Accounting, Finance, Business Administration, or related field. CPA or CIA certification preferred.
• Mastery of advanced skillsets including macros in MS office applications.
• Proficiency in ITGC controls, SOD, and UAT procedures related to major accounting ERP software e.g.(Oracle/Peoplesoft, SAP).
• Experience training, leading and managing project teams in business improvement initiatives including system implementations and risk based rationalization of business solutions for the Hotel industry.
• Willingness to relocate to the Cayman Islands and travel to destinations off-island to help implement controls.

 

Application Instructions: 
Please submit your resume and cover letter outlining your qualifications and relevant experience for the Internal Controls Manager. Submitting A list of references who are willing to confirm career milestones is also encouraged