Finance Manager

5 - 8 years

5 - 8 Lacs

Posted:13 hours ago| Platform: Foundit logo

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Work Mode

On-site

Job Type

Full Time

Job Description

What will you be doing

As the Finance Manager

  • Financial Performance Management

    : Understand and drive the financial performance of the hotel. Monitor financial operations and provide insightful analysis to support decision-making and profitability.
  • Stakeholder Communication

    : Develop and maintain effective working relationships with key internal and external stakeholders including Hotel Finance, Commercial, IT, Procurement, Human Resources, Operations, Shared Service Centers, Owners, Asset Managers, and Regional Operations Finance. Ensure all financial matters are communicated clearly and effectively to stakeholders at all levels.
  • Compliance and Control

    : Ensure that financial operations adhere to the hotel's management agreement, policies, and regulatory requirements. Implement processes and procedures to maintain a robust control and compliance environment and report any issues of non-compliance to the supervising manager.
  • Financial Reporting and Forecasting

    : Lead the preparation of accurate financial reports, forecasts, and projections. Analyze large volumes of complex financial data to create actionable insights and provide guidance on financial trends.
  • Finance Team Development

    : Work closely with Business Partners to develop a high-performing finance team. Participate in relevant Finance development programs to nurture skills and build a best-in-class finance team for the hotel.
  • Budgeting and Cost Control

    : Participate in budgeting processes and implement cost controls to ensure financial efficiency across departments. Assist in achieving financial targets set by hotel management and owners.
  • Innovation and Efficiency

    : Support the finance leader in innovating financial practices and processes. Collaborate with the finance team to improve the efficiency of financial operations and provide industry-leading support.

What are we looking for

The ideal candidate for this role will be a dynamic and strategic thinker with strong analytical abilities. We are looking for someone who can interpret complex financial data, communicate effectively with stakeholders, and contribute to the overall financial health of the hotel. Key qualities include:

  • Analytical Skills

    : Ability to analyze large volumes of complex financial data and create comprehensive reports, forecasts, and projections. Strong attention to detail and the ability to identify trends and issues in financial data.
  • Problem-Solving Skills

    : Strong problem-solving abilities to identify financial issues and provide effective solutions that drive business performance and compliance.
  • Communication Skills

    : The ability to communicate financial information clearly and effectively to both financial and non-financial stakeholders. Experience working with senior management and external partners.
  • Leadership and Team Development

    : Ability to lead and develop a high-performing finance team. Strong mentoring and coaching skills to help team members thrive in their roles.
  • Compliance and Governance

    : In-depth understanding of compliance requirements, financial regulations, and hotel management agreements. Ability to implement and maintain robust financial controls.
  • Experience and Education

    : Strong background in financial management, preferably within the hospitality industry. Relevant professional qualifications (e.g., ACCA, CIMA, or equivalent) are highly desirable.

As the Finance Manager, you will play a key role in ensuring that the hotel's financial health is aligned with broader business objectives while maintaining rigorous control and compliance standards. Your contributions will be instrumental in driving profitability and operational efficiency for the hotel.

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