Financial Controller

Skills

1. Budgeting & Forecasting

• Lead the annual budgeting process in alignment with hotel management and ownership goals.
• Provide financial forecasts and adjust budgets based on evolving business needs.
• Ensure all department budgets are managed effectively, guiding department heads in meeting financial targets.

1. Compliance & Internal Controls

• Ensure compliance with local tax laws, accounting regulations, and internal policies.
• Conduct periodic audits, implement internal controls, and monitor for financial integrity and operational efficiency.
• Collaborate with external auditors to prepare for annual audits.

1. Team Leadership & Development

• Manage and mentor the finance team, ensuring effective performance and professional development.
• Provide training on financial policies and best practices to department heads and staff.
• Promote a culture of financial responsibility across all hotel departments.

1. Accounts Receivable/Payable Management

• Oversee the processing of invoices, payments, and receipts, ensuring timely and accurate financial transactions.
• Maintain vendor relationships and negotiate favorable terms where possible.
• Ensure guest billing, credit management, and collections processes are efficient and customer-friendly.

1. Financial Strategy & Cost Management

• Partner with the hotel management team to set financial goals and develop strategies to enhance profitability.
• Analyze operational expenses, recommend cost-saving initiatives, and monitor expense compliance.
• Track performance metrics, KPIs, and other financial benchmarks to inform decision-making.