A mid size hotel with a leagcy of 50+ year. This revamped property is in high demand from European clients.
Job Overview:
As a Financial Controller for a hotel, you will be responsible for overseeing all financial aspects of the hotel's operations. Your primary goal is to ensure accurate financial reporting, compliance with financial regulations, and the implementation of effective financial management strategies.
Key Responsibilities:
Financial Reporting:
- Prepare and analyze financial statements, including income statements, balance sheets, and cash flow statements.
- Ensure timely and accurate financial reporting to senior management and external stakeholders.
Budgeting and Forecasting:
- Develop annual budgets in collaboration with department heads.
- Monitor actual performance against budget and provide analysis of variances.
- Prepare financial forecasts to support strategic decision-making.
Internal Controls:
- Establish and maintain internal control procedures to safeguard hotel assets and ensure financial accuracy.
- Conduct regular internal audits to identify and rectify financial discrepancies.
Compliance:
- Ensure compliance with local, state, and federal financial regulations.
- Stay updated on changes in accounting standards and adjust hotel practices accordingly.
Cash Management:
- Manage cash flow and liquidity to meet operational needs.
- Optimize working capital and recommend strategies to improve cash efficiency.
Financial Analysis:
- Conduct financial analysis to support operational decisions.
- Provide financial insights to guide strategic planning and resource allocation.
Cost Control:
- Monitor and control operating expenses.
- Identify cost-saving opportunities without compromising quality and service standards.
Team Management:
- Supervise and lead the finance team, providing guidance and training as needed.
- Foster a collaborative and results-oriented work environment.
Relationship Management:
- Collaborate with other department heads to understand and support their financial needs.
- Communicate financial performance and recommendations to senior management.
Financial Software and Systems:
- Oversee the implementation and use of financial software and systems.
- Ensure the integration of financial systems with other hotel management systems.
Net Savngs $3000 - $3500 + Food + Accommodation + Transport + All Expat Benefits
