Finance Manager
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
strong 2 Financial Reporting strongPrepare 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
strong 3 Cash Flow Treasury and Accounts Management strongManage 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
strong 4 Cost Control and Asset Management strongControl 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
strong 5 Internal Controls Compliance and Audit strongEstablish 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
strong 6 Team Leadership and Development strongLead and supervise the finance and accounting department Train develop and evaluate finance staff provide coaching and performance feedback
strong 7 Strategic Financial Analysis strongProvide financial analysis for hotel projects investments and operational improvements Support management decision-making through financial insights and business opportunity evaluation 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 ability to manage multiple priorities and meet deadlines
Excellent written and verbal communication skills with ability to present financial information clearly to stakeholders
High integrity, strong attention to detail, and analytical thinking abilities
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