Better work, Better life

Finance and Administration Director
10/07/2019
ML
Black River
Rs 100,000 and above
31/07/2019

Our client, in the hospitality sector, is looking for a Finance and Administration Director

Reporting to the General Manager, the successful candidate will be responsible for:

Main responsibilities:
  • Develop and maintain timely and accurate financial statements and reports for the General Manager, Corporate Office and Owners, or any other designated person, in accordance with generally accepted accounting principles
  • Develop, implement and ensure compliance with corporate accounting policies and procedures, legal requirements and contractual obligations, utilizing internal controls, auditing and security procedures
  • Ensure that all statutory requirements of the organization are met
  • Prepare all supporting information for audits and liaise with the Audit Committee/s and the external auditors as and when necessary
  • Ensure optimal compliance with audit/s
  • Maintain complete and accurate supporting information for all financial transactions
  • Develop and maintain financial accounting systems for cash management, account payables, accounts receivable, credit control, and petty cash, as per company policies
  • Review monthly results and implement monthly variance reporting
  • Manage the cash flow and prepare cash flow forecasts in accordance with policy
  • Develop and implement policies and procedures to ensure that financial information is secure and stored in compliance with current legislation
  • Manage the acquisition of capital assets and ensure that assets are properly recorded. amortized and disposed of as appropriate
  • Establish guidelines for budget and forecast preparation and prepare the annual budget in consultation with the General Manager, Representative of the Board of Directors and the Executive Committee
  • Be responsible for the preparation of annual budget and monthly forecasts; establish and recommend to the general manager and Management Team major economic objectives and policies for the hotel, taking into consideration all variables
  • Support General Manager by direct preparation of monthly and annual reports to summarize and forecast the hotel’s revenues, expenses and earnings based on past, present and expected operations, and submit recommendations and short/ long term action plan/s to the General Manager to reduce costs, increase revenue
  • Monitor hotel expenses to stay within budget guidelines, as well as gather and report all financial issues and concerns to the General Manager
  • Oversee all payroll functions to ensure compliance with internal policies and with Employment Rights Act and Remuneration Order
  • Negotiate and manage the Employee Insurance and Benefits plans, for instance, the Personal Accident Cover but not limited to
  • Ensure submission of statutory remittances on time
  • Evaluate the need for new technology to meet the organization’s financial data processing, control and reporting requirements
  • Advise on appropriate technology that meets the organization’s information requirements and financial resources
  • Monitor risk management policies and procedures to ensure that the company’s risks are minimized
  • Advise the General Manager and the Board of Directors on appropriate insurance coverage for the company
  • Negotiate with the Bank for financial services as required and appropriate
  • Oversee the management of all the leases, contracts, agreements and financial commitments
  • Monitor all legislation relevant to the company and all regulations on professional certification to ensure that the organization is compliant all the time
  • Represent the Company in Court / Tribunal a and well requested
  • Participate in professional organizations to maintain high visibility and promote a positive image
  • Show an ethical behavior and ethical business practices and ensure own behavior and the behavior of team members is consistent with these standards and aligns with the values of the organization
  • Establish and maintain positive working relationships with others both internally and externally
  • Lead and influence others to achieve results that are in the best interest of the organization
  • Determine strategies to move the organization forward, set goals, create and implement action plans, and evaluate the process and results
  • Assess problem situations to identify causes, gather and process relevant information, generate possible solutions, and make recommendations and/or resolve the problem
  • Perform as Duty Manager, as and when required, while performing as per the established standards and procedures of the company
  • Be an inspiration to all hotel staff to achieve luxury levels of performance
  • Interact in a positive way with all the team members to ensure a luxury guest experience
  • Be an example of the company’s values, brand standards, and a champion of grooming and appearing guidelines
Qualification:
  • University degree or college Diploma in Accounting, Commerce or Business Management/ Administration
  • Minimum 2 Years’ experience in a similar position in the luxury setting
Candidate profile:
  • Knowledge of general accepted accounting principles
  • A strong understanding of overall hotel business
  • Excellent leadership skills, problem solving and interpersonal skills
  • Strong Business Management and Strategic Management skills
  • Ability to study, analyze and interpret complex activities and/or information in order to improve new practices or develop new approaches
  • Ability to understand global markets that affect business of the hotel
  • Strong decision-making skills
  • Ability to communicate at all levels
  • Ability to train and develop team members
  • Ability to work efficiently in a team environment and take initiative
  • Excellent organizational skills
  • Analytical skills
  • Computer skills (word processor, spreadsheet and presentation software)

Adecco reserves the right:
To call only the shortlisted candidates for interview
Not to make any appointment following this advertisement nor to assign any reason whatsoever for accepting or rejecting any candidate.

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