Finance Manager

1. 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. 2. 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. 3. 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. 4. 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. 5. 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. 6. Team Leadership and Development • Lead and supervise the finance and accounting department. • Train, develop, and evaluate finance staff; provide coaching and performance feedback. 7. Strategic Financial Analysis • Provide 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