Checking job availability...
Original
Simplified
- Review thoroughly all monthly financial statements, management reports, and forecasts.
- Provide ongoing strategic and analytical support constantly to ensure financial goals are met.
- Identify and address opportunities proactively to drive business growth and profitability.
- Manage and coordinate all fiscal reporting activities, including the development and monitoring of annual business plans, budgets, and monthly revenue/expense and balance sheet reports.
- Ensure meticulous adherence to statutory reporting requirements to maintain compliance and transparency.
- Oversee the accurate and timely preparation of monthly and annual financial statements, ensuring they comply with all statutory and brand requirements.
- Ensue all financial reports reflect the true and fair view of the hotels' financial positions.
- Maintain robust internal controls to manage business risks and safeguard financial assets.
- Review regularly and ensure compliance with all statutory requirements, continuously improving processes to mitigate risks.
- Communicate and collaborate closely with corporate finance teams to ensure strong compliance with accepted accounting principles and policies.
- Train all stakeholders on the adequacy and effectiveness of internal accounting procedures and operating systems and controls.
- Prepare adequately and ensure all financial audits are cleared with all findings resolved timely.
- Ensure a good control environment at all times by proactively addressing any issues requiring corrective actions.
- Maintain open and effective communication with the hotel owner, ensuring they are well-informed of financial performance.
- Monitor banking activities to ensure adequate cash flow for operations and compliance with bank requirements.
- Stay abreast of the global business environment and utilize financial analysis, data trends, and market information to anticipate needs.
- Identify and address operating and financial issues, making informed recommendations to maximize financial returns for the hotels.
- Oversee the execution of all contracts and legal agreements and safeguard the hotels from disadvantageous situations and unfavourable terms through meticulous contract management.
- Proactively supervise the finance team to seek improvements in financial results.
- Implement process streamlining and drive effective cost management, and revenue enhancements with all stakeholders to enhance financial performance.
- Oversee the effective operation and activities of the Purchasing team.
- Responsible for the performance and development of direct report(s) and/or team with effective supervision and coaching where applicable.
- Follow all workplace safety and security policies and procedures. Report accidents, injuries and incidents to security / talent & culture team immediately.
- Participate & contribute actively in all Corporate Social Responsibility and Sustainability initiatives organised by the Hotel.
- Perform any other duties and responsibilities that may be assigned.
- Degree in Accountancy / Finance or equivalent
- Minimum 10 years of relevant experience in a senior managerial appointment in the hospitality industry
- Strong business acumen, critical thinking and strategic decision-making skills
- Strong human relations and influencing skills
- Strong communications (verbal and written), planning and coordination skills
- Ability to work independently and take initiative
- Strong time management skills
- Effective change management skills
- Eye for detail and highly meticulous