Financial Operations Director
17 hours ago
We are seeking an experienced finance professional to oversee the financial operations of our hotels. This role is responsible for planning, budgeting, reporting, and cost control across multiple properties.
Key Responsibilities- Oversee financial operations, ensuring accuracy and efficiency in three hotels.
- Analyze financial statements, forecasts, and reports for each property to inform strategic decisions.
- Monitor cash flow, revenue, expenses, and profitability for all locations to identify areas for improvement.
- Implement financial controls to minimize risks and enhance performance.
- Develop annual budgets for each hotel in collaboration with General Managers.
- Track actual financial performance against budgeted figures and implement corrective actions.
- Identify opportunities to reduce costs while maintaining service quality and guest satisfaction.
- Manage vendor contracts, procurement, and expense approvals.
- E nsure compliance with local tax regulations, accounting principles, and company policies.
- Manage internal and external audits, ensuring timely and accurate financial reporting.
- Oversee payroll processing, tax submissions, and employee benefits compliance.
- Implement risk management strategies to safeguard financial assets and data.
- Provide financial guidance and support to hotel General Managers and department heads.
- Train and mentor hotel accounting teams to enhance financial knowledge and efficiency.
- Coordinate with external auditors, tax consultants, and regulatory bodies as needed.
- Leverage financial software and technology to streamline processes.
Requirements:
Bachelor's degree in Finance, Accounting, or related field (CPA, ACCA, or CFA preferred). 5+ years of financial management experience, preferably in the hospitality industry.
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