About the Role
Join a dynamic hotel team that emphasizes responsible hospitality and positive customer experiences. You will play a crucial role in financial planning, budgeting, and revenue management while leading a finance team to ensure compliance with accounting standards and company policies. This position is ideal for individuals looking to make a significant impact in the hospitality industry and drive financial success through strategic analysis and operational improvements.
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Responsibilities
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Financial Planning, Budgeting, and Revenue Management
- Prepare annual budgets, forecasts, and business plans; monitor departmental budgets and expenses.
- Analyze variances between actual and budgeted results.
- Monitor room revenue, food and beverage revenue, and other income streams.
- Analyze occupancy rates, Average Daily Rate (ADR), and Revenue per Available Room (RevPAR).
- Work closely with sales and revenue management teams to maximize profitability.
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Financial Reporting
- Prepare daily, weekly, monthly, and annual financial reports including profit and loss statements, balance sheets, and cash flow reports.
- Present financial performance reports to hotel management and owners.
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Cash Flow, Treasury, and Accounts Management
- Manage hotel cash flow, working capital, and bank accounts.
- Supervise Accounts Payable (AP) and Accounts Receivable (AR); ensure timely collection of guest, corporate, and travel agent payments.
- Review payroll processes and ensure accurate processing of salaries, benefits, and statutory payments.
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Cost Control and Asset Management
- Control operating costs across all departments and identify cost-saving opportunities.
- Review purchasing activities and inventory usage.
- Oversee inventory controls and monitor fixed assets and depreciation records.
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Internal Controls, Compliance, and Audit
- Establish and maintain financial policies and procedures ensuring compliance with accounting standards, tax regulations, and company policies.
- Safeguard hotel assets and prevent fraud.
- Coordinate internal and external audits; implement audit recommendations and corrective actions.
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Team Leadership and Development
- Lead and supervise the finance and accounting department.
- Train, develop, and evaluate finance staff; provide coaching and performance feedback.
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Strategic Financial Analysis
- Provide financial analysis for hotel projects, investments, and operational improvements.
- Support management decision-making through financial insights and business opportunity evaluation.
Qualifications
- Minimum 5–8 years of finance or accounting experience.
- At least 2–3 years in a supervisory or managerial role.
- Previous experience in the hospitality or hotel industry is highly preferred.
- Strong knowledge of accounting principles, financial reporting standards, and hotel accounting systems.
- Proficiency in Microsoft Excel, financial modeling, and data analysis.
- Knowledge of budgeting, forecasting, cash flow management, internal controls, and tax regulations.
- Strong team leadership, staff development, and decision-making abilities.
- Excellent organizational skills with the ability to manage multiple priorities and meet deadlines.
- Excellent written and verbal communication skills with the ability to present financial information clearly to stakeholders.
- High integrity, strong attention to detail, and analytical thinking abilities.
Additional Information
Diversity & Inclusion Commitment
We are an inclusive company, committed to attracting, recruiting, and promoting diverse talent.
Job Details
- Job Category: Finance
- Job Type: Permanent
- Job Schedule: Full-Time
