Novotel
Restaurant + 2 more
Description
Financial Reporting & Compliance
- Oversee the daily operations of the Finance Department and ensure accurate, efficient workflow
- Manage month-end and year-end closing processes in accordance with established timelines
- Prepare statutory financial statements, management accounts, and comprehensive Profit and Loss reports
- Ensure compliance with accounting standards, tax regulations, and organizational financial procedures
- Maintain effective internal controls and segregation of duties across all financial functions
- Coordinate with external auditors and tax authorities on audit and compliance matters
Accounts Management
- Supervise and review Accounts Payable and Accounts Receivable activities
- Ensure timely processing of invoices, payments, and collections
- Monitor outstanding receivables and follow up on overdue accounts
- Verify cash, credit card, and other payment transactions for accuracy
- Investigate discrepancies and implement corrective actions
Budget & Cost Control
- Prepare annual budgets and financial forecasts in collaboration with department heads
- Monitor departmental expenses against approved budgets and analyze variances
- Provide strategic recommendations to management for cost optimization and efficiency improvements
- Support and drive effective cost-control initiatives throughout the organization
- Analyze revenue reconciliation and identify opportunities for financial improvement
Team Leadership & Development
- Lead, motivate, and develop the Finance team, fostering a culture of collaboration and accountability
- Provide coaching, training, and mentorship to improve team performance and professional growth
- Ensure work is completed accurately and within established deadlines
- Promote teamwork, professional standards, and continuous improvement within the Finance Department
- Create a supportive environment where colleagues feel trusted and inspired to grow
Internal Controls & Risk Management
- Establish and maintain strong internal controls to safeguard organizational assets
- Identify financial risks and recommend appropriate control measures
- Assist with internal, external, and statutory audits
- Maintain proper financial records and supporting documentation
- Ensure transparency and accountability in all financial transactions
Payroll & Inventory Coordination
- Review monthly payroll and related financial reports for accuracy and compliance
- Verify payroll-related costs, deductions, and supporting documentation
- Coordinate with People & Culture to ensure payroll accuracy and regulatory compliance
- Monitor inventory reports and investigate significant variances
- Support regular stock-taking and ensure proper inventory controls
Education
- Bachelor's degree in Accounting / Finance or a related field
- Professional accounting certification (CPA or equivalent)
Professional Experience
- Significant professional accounting and finance experience in Hospitality industry with a proven track record of success
- Demonstrated experience in a senior finance or team leadership position
- Practical experience in statutory reporting and managing month-end and year-end closing processes
- Experience working with external auditors, tax authorities, and regulatory bodies
- Proven ability to lead, coach, and develop accounting and finance teams
- Experience in budget management, cost control, and financial forecasting
- Background in accounts payable, accounts receivable, and revenue reconciliation
Technical Skills & Tools
- Advanced proficiency in Microsoft Excel and financial modelling
- Hands-on experience with accounting systems and financial software
- Strong analytical and problem-solving abilities
- Excellent organizational and time management skills
- Proficiency in financial analysis, reporting, and data interpretation
Knowledge & Expertise
- Comprehensive knowledge of accounting principles and tax regulations (including VAT and withholding tax)
- Strong understanding of internal controls, financial compliance, and segregation of duties
- Familiarity with payroll management and inventory control procedures
- Knowledge of risk identification and mitigation strategies
Interpersonal & Communication Skills
- Exceptional attention to detail and ability to meet demanding deadlines
- Strong communication and stakeholder management abilities
- Collaborative approach with the ability to work effectively across departments
- Leadership qualities with a focus on team development and motivation
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