Hotel Finance Director-Kenya

8 - 12 years

0 Lacs

Posted:3 days ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

The Regional Finance Director role in Kenya is a key leadership position within the finance department, reporting to the Chief Financial Officer (CFO) or equivalent. As the Regional Finance Director, you will be responsible for overseeing the financial operations, performance, and compliance of a portfolio of 6-7 hotels across multiple regions. Your role will involve working closely with hotel General Managers, finance teams, and corporate leadership to drive financial performance, ensure regulatory compliance, and align financial strategies with the organization's objectives. Your primary responsibilities will include providing strategic financial leadership to hotel operations in Kenya and other assigned regions, developing and implementing financial strategies to drive sustainable growth and profitability, and leading financial planning, budgeting, and forecasting processes across the portfolio of hotels. You will be required to monitor and analyze financial performance metrics to ensure that hotels meet financial targets, provide data-driven insights and actionable recommendations to improve revenue, control costs, and enhance profitability, and regularly review financial results with hotel and corporate leadership to assess performance against budgets and strategic goals. In addition, you will need to ensure adherence to local Kenyan financial regulations, tax laws, and corporate policies, oversee audits, and ensure timely and accurate submission of statutory and corporate financial reports. Identifying and mitigating financial risks to ensure operational resilience and compliance will also be a crucial part of your role. As the Regional Finance Director, you will lead, mentor, and develop finance teams across the hotels to achieve operational excellence, provide training and support to hotel management teams to enhance financial decision-making, and promote a culture of accountability, innovation, and continuous improvement within the finance function. Acting as the key financial liaison between the corporate office, hotel General Managers, and other stakeholders, collaborating with functional leaders in sales, marketing, and operations to support business growth and strategic initiatives, and building strong relationships with external stakeholders will be essential for success in this role. Furthermore, you will drive the implementation and optimization of financial systems, tools, and processes for improved efficiency and accuracy, and identify opportunities for cost-saving measures and operational improvements across the region. To qualify for this position, you should have a Bachelor's degree in Finance, Accounting, Economics, or a related field. An MBA or professional certification such as CPA, ACCA, or CMA is highly desirable. You should have a minimum of 8-10 years of progressive financial management experience, including 3-5 years as a Regional Finance Director or similar role, with proven experience in managing the financial operations of multiple hotels. Extensive experience in the hospitality industry and a strong understanding of financial regulations and taxation in Kenya and the East Africa region are essential. Key skills and competencies required for this role include strong financial planning, reporting, and analytical skills, proficiency in financial systems and hotel management software, exceptional leadership, communication, and stakeholder management skills, the ability to work in a dynamic, multicultural environment and adapt to regional complexities, and strong business acumen and a strategic mindset.,

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