Summary
Date Posted: Tuesday, November 21 2023, Base Salary: Not Disclosed

JOB DETAILS:
Job Summary
We are currently searching for a Finance manager for our client who is a 5 start hotel, the successful candidate will be responsible to Plan and manage the hotel’s finance operations including financial analysis and reporting, forecasting and budgeting, audit and control, asset and liability reconciliation, working capital and cash control and ensure compliance to approved budgets, the hotel’s accounting guidelines and policies, international accounting standards and all statutory obligations.

Duties and Responsibilities:
• Provide leadership to finance and accounting areas of the hotel and represent the Department in the different management forums.
• Analyze and provide financial insights to aid decisions about formulating and executing strategy and provide guidance and analysis to management and the board to improve the hotel performance.
• Maintain up-to-date accounting systems, keep books and records on all transactions and assets and an orderly accounting filing system.
• Lead the preparation, analysis and timely submission of accurate, and complete end of year financial statements to management and the Board.
• Prepare, analyze and present accurate monthly financial and management reports to the management team, including income statement, balance sheet, budget and variance, projections and forecast and cash flow.
• Coordinate the preparation of audited financial statements, all tax returns and other statutory obligations like NSSF.
• Oversee monthly processing of the hotel payroll, ensure its accuracy by confirming staff entitlements whether all allowable deductions are made including internal loans, advances and statutory deductions.
• Monitor the ledgers and oversee the processing of accounts payable, revenue and expense, fixed assets, cash, bank reconciliations and allocations.
• File and submit tax returns and other statutory requirements like NSSF within the required timeframe by law.
• Supervise the procurement function of the hotel and ensure value for money purchases of goods and services, evaluate the performance of contractors and take corrective actions.
• Supervise the internal audit function and coordinate external audits, follow-up on audit issues and ensure closure.
• Supervise and build a strong, professional and competent accounting / finance team, monitor and evaluate their performance in line with the hotel policies.

Requirements
• Minimum of a Bachelor’s degree in the disciplines of Accounting, Finance, Business Administration or any other related field.
• A master’s degree in any of the above disciplines is an added advantage.
• Full profession certification (ACCA or CPA).
• A Minimum of 6 years of experience in accounting and finance in a reputable and busy institution, preferably in the hotel industry, at least 4 of which should have been at Managerial level.
• Excellent Strategic Planning and Budgeting skills.
• Strong Financial Analysis and Monitoring skills.
• Proficiency with accounting software and spreadsheets, experience with PMS like; Opera, Sun Finance, visual one, room master etc.
• Proficiency and application of IFRS.
• Excellent Organizational skills and ability to prioritize.
• Risk analysis and management.
• Proficiency in preparation of Financial Reports.
• Excellent knowledge of tax laws/statutory obligations and impact on business.
• Strong business acumen.
• Requires working for extended hours occasionally.


Work Hours: 8

Experience in Months: 60

Level of Education: Bachelor Degree

Job application procedure

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