Job Summary

• The Finance Manager is responsible for overseeing all financial activities of the hotel, including budgeting, forecasting, financial reporting, cash flow management, internal controls, and statutory compliance.
• The role ensures the financial health of the hotel, supports operational decision-making, and contributes to achieving the property’s revenue and profitability goals.

Key Responsibilities

• Develop and manage financial budgets and forecasts
• Prepare and present financial reports to management
• Identify areas for cost reduction and implement cost-saving initiatives
• Analyze revenue streams and provide recommendations for growth
• Ensure compliance with financial regulations and hotel policies
• Analyze financial performance and provide recommendations
• Lead the annual budgeting process, collaborating with department heads to develop realistic and effective budgets
• Manage daily cash flow, ensuring optimal liquidity for hotel operations.

Requirements

• Bachelor’s degree in Finance, Accounting, Business Administration, or a related field
• 7-10 years experience in similar capacity
• Proven experience in a finance management role, specifically within the hotel or hospitality industry.
• Excellent communication and leadership abilities
• A Master’s degree or professional accounting qualification (e.g., ACA, ACCA, CPA) is highly preferred.
• Proficiency in financial management software and hotel property management systems (PMS).