Job Summary

Finance Manager

  • Minimum Qualification: Bachelor
  • Experience Level: Mid level
  • Experience Length: 8 years

Job Description

The Finance Managers will be part of the hotel’s senior management team responsible for overall hotel finance and operations including accounting, preparing for audits, fundraising/financial modeling and debt collection.  Specific key deliverables will include:

 

Key Objectives and Responsibilities:

  • Submission of a monthly Financial a report summarizing the performance of the businesses, which includes a P&L, variance analysis against budget and forecast, balance sheet and cash flow, focus areas for the next month, control weaknesses and corrective actions;
  • Manage the production of key annual management accounts, reports, and subsequent analysis and developing long-term business plans based on these reports;
  • Ensure that all accounts are reconciled monthly and that any material concerns are highlighted;
  • Ensure ancillary services in the areas of payroll accounts payable, stock control and month-end are delivered in accordance with VCI’s standards and timelines;
  • Deliver a balanced score card (e.g. 60-day debt target);
  • Ensure the weekly, monthly and annual forecast is delivered within the relevant timelines, reporting any financial variances;
  • Protect the integrity of the business by the systematic application of VCI’s internal control procedures;
  • Supervise the production of regular salary payments and NHIF, NSSF, PAYE in accordance with Kenyan Laws;
  • Ensure compliance with government regulations as pertains to the statutory requirements and specific tax laws and regulations that affect the hospitality industry. Keep abreast with emerging industry regulations/ details. 
  • Oversee all VAT matters, looking at efficient ways of reducing VAT liability and keeping abreast of current VAT legislation
  • Maintain relationship with relevant banks and insurance companies.
  • Working with investments to grow the business.
  • Analyze financial data of the hotel and prevailing market trends to advise on profit-maximizing ideas.
  • Supervise employees who do financial
  • Implement financial controls in the businesses which prevent misuse and misappropriation of funds or assets and inefficient cost control;
  • To ensure the overall smooth running of the VCI’s internal administration and its cost-effectiveness;
  • Risk management of assets, currency, credit and liquidity;
  • Oversee the management and full utilization of the Xero ERP system.
  • Supervises the purchasing manager, F and B controller, night auditor and cashiers.

Share Job Post

Log In to apply now

Anonymous Employer
Kisumu
| Full Time |
KSh 75,001 - 90,000
Nairobi
| Full Time |
KSh Confidential
1mo
Nairobi
| Full Time |
KSh Confidential
1mo
Nairobi
| Full Time |
KSh Confidential
1mo