Job Purpose
The Assistant Finance Manager is responsible for supporting the Finance Manager in overseeing financial operations within the hospitality establishment. They will assist in financial planning, budgeting, and analysis, as well as ensuring compliance with accounting principles and company policies.
1. Accountabilities
1.1. Assist in the preparation of financial statements, reports, and budgets in accordance with company policies and accounting standards.
1.2. Support the Finance Manager in monitoring and analyzing financial performance, including revenue, expenses, and profitability.
1.3. Conduct financial forecasting and variance analysis to identify trends and opportunities for improvement.
1.4. Assist in managing cash flow, accounts payable, and accounts receivable processes.
1.5. Coordinate with other departments to gather financial data and provide financial insights for decision-making.
1.6. Assist in ensuring compliance with taxation, regulatory, and audit requirements.
1.7. Participate in financial audits and provide necessary documentation and support.
1.8. Contribute to the development and implementation of financial policies and procedures to improve efficiency and internal controls.
1.9. Assist in evaluating financial systems and recommending improvements or upgrades as needed.
2. Communication & Working Relationships
2.1 Internal: Finance team, senior management, department heads, and other employees within the organization.
2.2 External: Auditors, vendors, financial institutions, and other relevant stakeholders.
3. Knowledge, Skills, and Experience
3.1 Bachelor’s degree in finance, Accounting, or a related field. CPA or CMA certification preferred.
3.2 3 years of experience in finance or accounting roles, preferably in the hospitality industry.
3.3 Proficiency in financial analysis, budgeting, and forecasting.
3.4 Strong knowledge of accounting principles, financial regulations, and taxation.
3.5 Excellent analytical and problem-solving skills.
3.6 Advanced proficiency in Microsoft Excel and financial software applications.
3.7 Ability to work effectively in a fast-paced environment and manage multiple priorities.
3.8 Strong communication and interpersonal skills.
4. Physical Requirements of the job
4.1 Vision and hearing ability to perform job duties effectively.
5.2 Vision and hearing ability to perform job duties effectively.
4.3 Occasional travel may be required.
