Cluster Finance Manager Full Time

Job Description

• Assist in the preparation of monthly financial statements, budgets, forecasts, and reports for cluster hotels.






• Ensure timely and accurate financial reporting in compliance with company policies and accounting standards.
• Support the Director of Finance in preparing annual budgets and periodic forecasts.
• Monitor and analyze financial performance against budgets and forecasts.
• Oversee the accounts payable and receivable processes, ensuring accuracy and compliance with internal controls.
• Assist in managing cash flow and liquidity for the cluster.
• Coordinate with internal and external auditors during audits, providing necessary documentation and explanations.
• Ensure compliance with financial regulations and reporting requirements.
• Conduct financial analysis to support decision-making, identifying trends and variances.
• Prepare ad-hoc financial reports for management as needed.
• Assist in implementing cost control measures and financial efficiency initiatives across cluster hotels.
• Monitor operating expenses and identify areas for improvement.
• Supervise and support finance team members in day-to-day operations.
• Provide training and mentorship to junior finance staff.
• Work closely with other departments to ensure financial objectives are met.
• Assist the Director of Finance in strategic planning and financial decision-making for the cluster.
• Assist in developing and implementing financial policies and procedures to ensure consistency and compliance across the cluster.
• Oversee the inventory management process, ensuring accurate tracking of goods and supplies, and conducting regular audits.
• Perform monthly reconciliations of balance sheet accounts and resolve any discrepancies in a timely manner.
• Support the evaluation and monitoring of capital expenditures, ensuring alignment with budget and strategic goals.
• Conduct training sessions for hotel staff on financial processes, systems, and best practices to enhance financial literacy.
• Collaborate with the revenue management team to analyze pricing strategies and their impact on financial performance.
• Develop financial models to support business cases for new projects, investments, or operational changes.
• Monitor cash flow projections and assist in optimizing cash management strategies across the cluster.
• Assist in evaluating vendor contracts and relationships to ensure cost-effectiveness and compliance with financial policies.
• Participate in the implementation of new financial systems or upgrades to existing systems, ensuring proper training and transition.
• Assist in identifying financial risks and developing strategies to mitigate them, including insurance coverage and compliance issues.
• Establish and monitor key performance indicators (KPIs) for financial performance and operational efficiency.
• Support the Director of Finance in preparing financial presentations and reports for owners and stakeholders.
• Assist in financial analysis related to sustainability initiatives and their impact on the bottom line.
• Act as a financial advisor to department heads, providing insights and recommendations on budget management and cost-saving opportunities.

Qualifications

• Bachelor’s degree in Finance, Accounting, Business Administration, or a related field.
• Professional certification (e.g., CPA, CMA) is preferred.
• Minimum of 3-5 years of experience in finance or accounting roles, preferably in the hospitality industry.
• Strong knowledge of accounting principles and financial reporting standards.
• Proficiency in financial software and Microsoft Office Suite (especially Excel).
• Familiarity with hotel management systems and accounting software (e.g., Opera, Micros, or similar).
• Excellent analytical and problem-solving skills, with a keen attention to detail.
• Ability to interpret financial data and make recommendations based on findings.
• Strong verbal and written communication skills.
• Ability to present financial information clearly and concisely to non-financial stakeholders.
• Strong leadership and team management abilities.
• Ability to work collaboratively in a team-oriented environment.
• Strong organizational skills with the ability to prioritize tasks and manage time effectively.
• Ability to work under pressure and meet deadlines.