Job Summary
Engage in financial analysis in such areas as forecasting, budgeting, engaging in cost reduction analysis, and reviewing operational performance. To manage funds in such a manner as to maximizereturn on investmentwhile minimizing risk, and while also ensuring that an adequate control structure is in place over the transfer and investment of funds.
Main Duties & Responsibilities- Analyze costs, pricing, variable contributions, sales results and the company's actual performance compared to the business plans.
- Develop trends and projections for the firm's finances.
- Conduct reviews and evaluations for cost-reduction opportunities.
- Oversee operations of the finance department, set goals and objectives, and design a framework for these to be met.
- Manage the preparation of the company's budget.
- Forecasting cash payments and anticipating challenges arising from limited cash flow.
- Ensuring that cash flows are adequate to allow business units to operate effectively.
- Update and keep track of the hotel P&L forecasts on monthly basis
- Explain and reconcile all balance sheet accounts. Ensure that the balance sheet is a fair reflection of the assets & liabilities of the hotels.
- Manage the cash flow and supervise financial transactions within the company to ensure there are no discrepancies in reports.
- Provide financial reports and interpret financial information to managerial staff while recommending further courses of action.
- Advise on investment activities and provide strategies that the company should take
