Finance Manager (Urgent)

• Develop and oversee all functions of the Finance Division.

• Ensure Hotel finances are managed according to local legislation, policies and procedures and generally accepted accounting principles.

• Ensure all compliance issues are adhered to with regard to taxes, licensing, customs, registrations, and insurance.

• Oversee the development of annual budgets and targets for the Hotel.

• Prepare detailed financial reports and statements as required for SBI, General Manager and owner.

• Analyse financial reports regularly to ensure business profitability is in line with business goals, cash flows are appropriate for business needs, and to highlight discrepancies, financial risks and opportunities.

• Use various financial management and revenue management skills to analyse performance results to identify profitability shortfalls or opportunities to increase revenues, reduce costs, improve overall profitability and meet budget goals.

• Maintain complete and current ledgers, journals, and other accounting records with utmost confidentiality.

• Oversee all banking arrangements including drawing down overdrafts and placing funds in time deposits.

• Oversee all A/P and A/R arrangements to ensure bills are paid timely and accurately and revenues are received to manage the cash flow statement.

• Oversee the auditing of all Hotel accounts, records and transactions.

• Oversee the budgeting process for the Hotel with the General Manager and other Division and/or Department Heads.

• Manage the reserve for replacements and oversees capital expenditure plans for the Hotel with the General Manager.

• Establish, implement and oversee all aspects of purchasing, receiving and inventory practices.

• Review all unbudgeted Hotel expenditures and recommend corrective actions as necessary.

• Review and negotiate tender documents and vendor contracts as necessary.

• Obtain information and knowledge to keep abreast of industry practice, technological and advancement, new methods, equipment and materials.

• Make recommendations to the General Manager and Corporate Head Office regarding opportunities for improvements in accounting procedures and internal control.

• Provide financial and accounting advice, direction and leadership to other Managers and Supervisors so they understand financial objectives and practice good financial management skills.

• Provide on-going communication to all areas within your division regarding policies, programmes and procedures.

• Ensure all operating procedures are properly implemented within your division.

• Review and modify operating manuals within your division as required.

• Ensure the best candidates fill vacancies by participating in the recruitment process of Employees under your supervision.

• Develop and constantly review the succession plan within your division and develop cross training and professional development programmes for the advancement of potential Supervisors and Managers.

• Conduct regular performance appraisals for Employees to assess employment eligibility during their probation period, and opportunities for development throughout their career with the Hotel and SBI.

• Identify training opportunities and ensure training objectives are met in areas under your supervision.

• Address issues with regard to Employee misconduct and disciplinary action as per HR procedures.

• Manage the schedule for Employees in your division to ensure proper coverage to meet business needs.

• Review payroll costs for your division and make recommendations where appropriate.

• Attend and coordinate regular meetings including management and departmental meetings for areas under your supervision.

• Coordinate functions and activities with regional, divisional and corporate staff as appropriate.

• Monitor the condition of facilities and make recommendations on maintenance repairs or renovations and refurbishments requiring capital expenditure budgets to ensure an updated look and feel for the Hotel.

• Maintain a complete understanding of the Employee Handbook and adhere to regulations contained therein.

• Maintain a complete understanding of the Hotel’s policy relating to fire, safety and health, and ensure all precautions are taken to safeguard against incidents for areas under your supervision.

• Perform other assignments to meet business needs as directed by your superiors.

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