Finance Manager - Hotel

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).

Industries:Hospitality

Function: Accounting and Finance