Finance Manager

Searching for a Finance Manager that Functions as the property’s finance office leader.

The  Finance Manager  will manage all financial controls, reporting and operational business support, payroll, debtors, creditors, balance sheet, general ledger, cash flow, P&L reporting and overall general financial management of the business and financial activities with the aim to deliver desired financial results.

CORE WORK ACTIVITIES

• Develops means to improve profit, including estimating cost and benefit and reporting same to the Chief Executive Officer.
• Analyzes information, forecast sales against expenses.
• Analyzes differences between actual budget wages and forecasted wages.
• Creates the annual operating budget for the property.
• Implements a system of appropriate controls to manage business risks.
• Ensures a strong accounting and operational control environment to safeguard assets, improve operations and profitability.
• Produces accurate P&L Reports and forecasts that enable operations to react to changes in the business.
• Full responsibility for the General Ledger, including reconciliations of all balance sheet accounts
• Manages all payroll functions (weekly and Monthly) and ensures full compliance with all union agreements, employment act requirements and other statutory payroll matters including payroll tax, health insurance, social insurance, pension and union deductions and payments.
• Oversees Gratuities and Service Charge distribution for the weekly pay.’
• Manages Vacation pay entitlements and employs the correct accounting treatment of this area.
• Manages all Accounts Payable functions to ensure payments made promptly, accurately with correct support and authorization. Includes correct GL account coding and regular creditor reconciliations.
• Manages all accounts receivable functions ensuring all amounts due are collected promptly and all sub ledgers are fully reconciled.
• Prepare weekly cash report and manage all cash flow matters including cash flow forecast and strict bank account monitoring and control.
• Manages the Finance Supervisor responsible for the issue and control of all cash floats, petty cash, change floats and banking. Ensures count and reconciliation conducted monthly.
• Responsible for the management of all IT hardware including CCTV Systems at the property including software management for Executech, BMP and Outlook.
• Assists Chief Executive Officer with ad hoc tasks as required.
• Oversees the accurate reporting of the hotels Daily Revenue Report.
• Oversees the finance related aspects of the Night Audit function.
• Prepares schedules, coaches, trains and manages all HR functions for all finance staff.
• The ability to ensure compliance with all contracts, leases, and agreements.
• Prepare financial report and submissions to relevant government entities.
• Oversees external audit processes.

 Maintaining Finance Goals and Compliance

• Ensures Profits and Losses are documented accurately.
• Submits reports in a timely manner, ensuring delivery deadlines.
• Develops and supports achievement of performance goals, budget goals, team goals, etc.
• Improves profit growth in operating departments.
• Reviews audit issues to ensure accuracy.
• Monitor the purchasing process as applicable.

Skills and Qualifications

• A hands-on accounting professional with Chartered Accountant designation CA;
• Minimum of 10 years work experience in the hospitality industry in a similar role with a background that includes forecasting and budgeting.
• Excellent written and verbal communication skills to prepare and deliver reports, effective presentations and to facilitate meetings.
• Strong leadership, interpersonal and analytical skills
• Able to prioritize and adapt to the changing needs of the operation
• Have a solid work ethic, good business acumen and a passion for service.