Job Description

Requirements:

• A relevant B.Com Degree or similar qualification.
• A minimum of 5 to 8 years of financial and management experience within the financial operations of the hospitality industry.
• Proficiency in MS Office applications, including Excel and PowerPoint.
• Familiarity with back-office or accounting systems like SAGE, SAP, SUN, and Freshbooks.
• Knowledge of Hotel Software or Property Management Systems such as FIDELIO, OPERA, or Protel.
• Strong communication and negotiation skills in English, both written and oral.
• Exceptional financial and business decision-making abilities.

Duties and Responsibilities:

• Oversee day-to-day financial operations within the hospitality sector, including budget preparation, financial analysis, and compliance with tax regulations and company standards.
• Conduct financial analysis, reporting, budgeting, forecasting, audit, and control activities, as well as asset and liability reconciliation, working capital management, and cash flow monitoring.
• Safeguard and update all legal documentation related to the financial status of the establishment.
• Act as the primary point of contact for all financial matters, representing the finance department during regular meetings with department heads.
• Collaborate with the General Manager to align financial strategies with the organization's goals.
• Prepare and review annual budgets, monthly forecasts, and operating results, ensuring the accuracy of all financial reports and transactions in accordance with local regulations.
• Maintain effective communication with stakeholders, including the property owner or managing director.
• Timely submission of management reports, with a strong adherence to accounting policies and procedures.
• Establish and maintain robust financial and operational control measures to protect the establishment's assets.
• Proactively assist in cost control initiatives and explore revenue enhancement opportunities within the hospitality sector.
• Develop specific goals and plans to prioritize and organize work effectively.
• Foster a high-performing and professional team within the Finance and Accounting Department.
• Monitor and ensure compliance with all relevant tax requirements, including timely filing.
• Optimize the establishment's operational costs, profitability, and risk management.
• Accurately document profits and losses, applying fair and consistent property policies.
• Exceed performance goals, budget targets, and team objectives.
• Oversee both internal and external audits, ensuring compliance with regulatory standards.
• Organize regular finance department meetings and acknowledge team achievements publicly.
• Provide effective leadership by recognizing top performers, promoting teamwork, and encouraging work-life balance.
• Cultivate open and collaborative relationships with employees and ensure the same within the team.

Duties are not limited to the above - you may be called upon to undertake additional tasks as and when needed

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