Finance Officer – Hospitality 13MY26

The role of a Finance Officer in the hospitality sector is both challenging and rewarding, playing a crucial role in managing the financial operations of a hotel, resort, or other hospitality establishment. As a Finance Officer, you will be responsible for overseeing the financial health of the organization. You will work closely with management to develop financial strategies and ensure that all financial operations comply with laws and regulations. The ideal candidate will have a strong understanding of financial processes, excellent analytical skills, and a keen eye for detail. This is a fantastic opportunity for someone who is passionate about finance and has a desire to contribute to the success and growth of a hospitality business.

Responsibilities

• Develop and implement financial strategies to support business goals in hospitality.
• Oversee and manage the preparation of financial reports, budgets, and forecasts.
• Ensure compliance with financial regulations and accounting standards in all transactions.
• Analyze financial data and produce financial reports to improve profitability.
• Conduct audits and ensure accuracy of financial information and procedures.
• Collaborate with department heads to review and optimize financial performance.
• Monitor cash flow, accounts, and all financial transactions to avoid discrepancies.
• Manage and supervise finance team members, providing guidance and training.
• Perform risk management analysis to mitigate financial risks in the business.
• Review and negotiate contracts with vendors and clients to align with financial goals.
• Oversee tax and other regulatory submissions to adhere to legal requirements.
• Prepare detailed variance analysis reports for upper management review.

Requirements

• Bachelor’s degree in Finance, Accounting, or a related field is mandatory.
• Minimum of three years of experience in financial management, preferably in hospitality.
• Strong knowledge of financial regulations, accounting procedures, and best practices.
• Proficient with financial software and Microsoft Excel for data analysis and reporting.
• Excellent analytical skills and ability to work with complex financial data sets.
• Strong leadership skills with experience in managing and developing finance teams.
• Exceptional attention to detail with a high degree of accuracy in financial reporting.