Finance Officer – Hospitality 29D25

The Finance Officer for the Hospitality sector is a pivotal role responsible for managing financial operations and ensuring the smooth running of financial activities within the organization. This role is uniquely challenging, as it demands a deep understanding of the hospitality industry's financial practices, coupled with the ability to implement and maintain accurate financial records and systems. As a Finance Officer, you will play an integral part in overseeing budgets, managing accounts, preparing financial statements, and advising on financial planning and investments. You will collaborate closely with other departments to ensure that the financial health of the establishment is maintained while adhering to financial regulations and company policies. Your expertise will help drive the strategic direction and profitability of the organization, making you a key player in its financial success.

Responsibilities

• Manage and oversee all financial operations within the hospitality organization.
• Prepare, examine, and analyze accounting records, financial statements, and reports.
• Ensure that the organization’s financial records are accurate and comply with regulations.
• Maintain and enhance internal accounting controls to safeguard company assets.
• Monitor cash flow, revenue projections, and budget forecasts to aid decision-making.
• Coordinate with department heads to develop budgets and financial plans.
• Conduct audits and manage discrepancies in the billing system.
• Implement cost control measures and analyze financial data for optimization.
• Liaise with external auditors and regulatory bodies to conduct annual reviews.
• Collaborate with senior management to align financial strategies with business goals.
• Report financial performance and trends to top management and stakeholders.
• Advise on investment opportunities and financial risks affecting future growth.

Requirements

• Bachelor’s degree in finance, accounting, or a related field required.
• Minimum of three years of experience in financial management within hospitality.
• Strong knowledge of financial regulations, accounting principles, and practices.
• Proficiency in accounting software and Microsoft Office Suite, especially Excel.
• Excellent analytical, problem-solving, and decision-making capabilities.
• Strong leadership and communication skills for cross-department collaboration.
• Attention to detail and ability to handle multiple tasks simultaneously.