Finance Manager

Summary of Position:

The Finance Manager will be responsible for ensuring the hotel maximizes revenues, maintains budget plans, manages assets and reserve funds, and complies with statutory obligations. This role reports to the General Manager and Board of Directors.

Job Summary:

In this role, you will play a crucial part in revenue maximization, cost reduction, and debt collection while upholding risk management policies and statutory compliance.

Areas of Responsibilities:

1. Revenue Maximization:
   • Implement strategies to optimize revenue generation.
   • Monitor sales performance in all revenue outlets and reconcile on a daily basis.
2. All Local Purchases:
   • Handle all local procurement efficiently.
3. Training:
   • Organize and conduct training sessions for the finance department.
4. Performance Appraisal:
   • Evaluate the performance of the finance team regularly.

Responsibilities:

1. Smooth and Organized Finance Department:
   • Maintain the finance department’s efficiency according to set standards.
   • Lead by example, following the Company’s Mission, Vision & Guiding Principles.
2. Compliance and Reconciliation:
   • Adhere to the Company’s Code of Conduct.
   • Reconcile sales and maintain revenue backup for audit purposes.
3. Goods and Services Reporting:
   • Collect figures and backup data on all goods and services provided by the hotel.
   • Ensure accurate and timely reporting to the Chief Finance Officer.
4. Cash Management:
   • Maintain a daily cashbook and ensure timely banking of receipts.
5. Inventory Control:
   • Conduct spot-checks on inventory accuracy, including food, beverage, equipment, and consumables.
6. Payment Processing:
   • Process supplier payments and utility bills efficiently.
7. Stock Control and Accuracy:
   • Oversee stock control system inputs and validate the accuracy of items ordered and quantities.
8. Manager on Duty:
   • Handle hotel management duties, addressing complaints, problem-solving, and special requests.
9. Team Building and Communication:
   • Create a positive and motivated working environment, promoting teamwork and effective communication.

Qualifications/Training:

• Bachelor’s degree in Commerce/Accounting from an accredited University.
• CPAK graduate and a member of a professional body.
• Proficiency in hotel accounting systems like Sun, Micros Fidelio, Opera.
• Minimum 3 years of experience in a medium/large busy reputable hotel.

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EXPERT Tips To Be A Successful Applicant:

1. Showcase Relevant Experience: Highlight your experience in managing finances in the hospitality industry or similar environments.
2. Demonstrate Problem-Solving Skills: Emphasize your ability to handle challenges, manage complaints, and find effective solutions.
3. Quantify Achievements: Use specific examples to demonstrate how you contributed to revenue growth, cost reduction, or improved financial processes.
4. Highlight Communication Skills: Strong communication is essential for team-building and efficient workflow, so emphasize your proficiency in this area.
5. Show Passion for the Hospitality Industry: Display enthusiasm for the hotel industry and a commitment to driving success.
6. Keep Your CV Updated: Ensure your CV reflects your most recent qualifications, training, and experiences.
7. Prepare for the Interview: Research the company and be ready to discuss how your skills align with their goals.

Remember, attention to detail, adaptability, and a collaborative mindset are valued traits for a Finance Manager. Good luck with your application!