Assistant Director of Finance

Job Description:

·       Responsible for reconciliation and checking of accounts before and after month-end closing

·       Must be familiar with all duties and procedures of the team members in finance

·       Manage cash flow in an efficient manner

·       Represent the finance function during the absence of the Finance Lead

·       Training and development of the finance team members and succession planning in the absence of the Finance Lead

·       Build external relationships with colleagues in the hotel and in the region

·       Ensure that the Executive and Management Teams have financial awareness

·       Assist the Director of Finance in preparation and submission of budgeting, forecasting, comments, capital planning, cash management and other requirements

·       Report according to deadlines and formats set by Company on the actual performance compared to budget and / or forecast with appropriate comments

·       Use of benchmarking and other tools to support performance optimisation

·       Ensure that accurate book-keeping is in place and that revenue and cost are booked in the correct time period

·       Ensure that accruals and provisions are calculated and booked accordingly, supported by appropriate backup

·       Partner with the Hotel Management team to identify opportunities for the hotel (cost savings; revenue initiatives; working capital improvements, analyse the F&B costs)

·       Apply financial, commercial and business input into the management of the hotel operation to ensure that optimum performance is realised

·       Implementation of and adherence to accounting procedures and policies

·       Participate in and lead finance projects as and when required

·       Demonstrate understanding of Lease / Management Agreements and related implications

·       Perform other duties and responsibilities as and when assigned or required

·       Act in accordance with fire, health and safety regulations on property and follow the correct procedures when required

·       Ensure hotels are in compliance with Corporate Policies (SPI’s) and governmental rules and regulations and report irregularities and non-compliant situations as required by corporate guidelines

·       Ensure that the best interest of the hotel, Company International and owners are protected and seek advice from the Finance Lead if and when needed

·       Participate actively and regularly in communication meetings and ensure that hotel finance team is kept informed of all relevant hotel and company information, news and initiatives

·       Maintain Fixed Cost Register and ensure that this is a full and accurate reflection of all contracts in place

·       Review, clarify and code corporate, affiliated charges and Company fees

Job Requirements:

·       University degree