Manager- Finance
7 days ago
The Finance Manager is responsible for overseeing the financial operations of the hotel, ensuring accurate financial reporting, effective budget management, compliance with regulatory requirements, and providing strategic financial guidance to support business goals. This role plays a critical part in maintaining the financial health of the property and optimizing profitability.
Key Responsibilities:1. Financial Reporting & AnalysisPrepare monthly, quarterly, and annual financial statements.
Conduct variance analysis comparing actual performance with budget/forecast.
Present financial reports to senior management and stakeholders.
Lead the preparation of annual budgets and periodic forecasts.
Monitor financial performance against the budget and recommend corrective actions.
Collaborate with department heads to align budgets with operational goals.
Monitor daily cash flow and manage liquidity to ensure operational needs are met.
Manage accounts receivable, accounts payable, and inventory control processes.
Optimize working capital through effective financial planning.
Implement and maintain internal control procedures to safeguard assets.
Ensure compliance with local laws, tax regulations, and accounting standards.
Liaise with external auditors and tax authorities.
Provide financial insights and analysis to support strategic decision-making.
Evaluate investment opportunities, ROI analysis, and capital expenditures.
Support management with feasibility studies for new projects or expansions.
Supervise and develop the finance team, including accountants and clerks.
Provide training and guidance to ensure high performance and compliance.
Foster a culture of continuous improvement and accountability.
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Finance Manager
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