Job Description
Our client is a hospitality conglomerate based in Nigeria with diverse business interests including restaurants, catering, snack food manufacturing, hotels, cinemas, and real estate development.
Job Summary
The Finance Manager is responsible for overseeing all financial activities of the hotel, including budgeting, forecasting, financial reporting, cash flow management, internal controls, and statutory compliance. The role ensures the financial health of the hotel, supports operational decision-making, and contributes to achieving the property’s revenue and profitability goals.
Key Responsibilities
- Develop and manage financial budgets and forecasts
- Prepare and present financial reports to management
- Identify areas for cost reduction and implement cost-saving initiatives
- Analyze revenue streams and provide recommendations for growth
- Ensure compliance with financial regulations and hotel policies
- Analyze financial performance and provide recommendations
- Lead the annual budgeting process, collaborating with department heads to develop realistic and effective budgets
- Manage daily cash flow, ensuring optimal liquidity for hotel operations.
Requirements
Bachelor's degree in Finance, Accounting, Business Administration, or a related field7-10 years experience in similar capacityProven experience in a finance management role, specifically within the hotel or hospitality industry.Excellent communication and leadership abilitiesA Master's degree or professional accounting qualification (e.g., ACA, ACCA, CPA) is highly preferred.Proficiency in financial management software and hotel property management systems (PMS).