Head, Finance & Accounts at Hotel Bon Voyage

Details: Roles and Responsibilities

• Sets standards for accounting and financial reporting systems;
• Ensures the financial policies, procedures and controls of HBV are implemented efficiently and in line with generally accepted accounting practices (locally and globally);
• Oversees budget preparation, approval and execution processes
• Improves the systems surrounding all aspects of the HBV’s budgets, forecasts and financial planning
• Analyses budget variances and consolidates the financial statement
• Ensures that all receivables are collected in a timely manner i.e 30days credit line
• Provides support to the HBV Founder/CEO and GM for funding
• Develops and manages long and short-term cash forecasts, utilizing historical trends, seasonal influences and future projections.
• Determines cash requirements and maintain appropriate cash flows with banking institutions to ensure adequate liquidity to meet all obligations and optimisation of cash.
• Develops and implements cash management systems for all operations, including policies, procedures, and internal controls.
• Oversees daily cash management process: setting cash position, wire transfer operations, and deposit and disbursement accounts.
• Analyses moderate to complex financial information, including trends and forecasts
• Strategic planning process and defines strategies/plans for finance and accounting functions
• Manages finance processes, develops and implements a modern cost effective accounting system that will meet the challenges and objectives of the HBV
• Produces daily, weekly, monthly and quarterly management reports to the HBV’s Executive Management ( or as may be required)
• Preparation of cash flow statements, income and expenditure accounts, tax returns and balance sheet
• Liaise effectively with the internal and external auditors to ensure that an efficient and effective audit process is carried out and on time
• In conjunction with the Maintenance unit, coordinate the disposal of all group related assets within the parameters of the group’s asset disposal framework.
• Other duties as assigned by the GM.

Working knowledge, skills and competencies and attributes

• Budgeting and Planning
• Management Accounting
• Corporate Finance
• Good written and oral communication skills
• Sound organisational, administrative and managerial skills
• Good people management and negotiation skills
• Excellent interpersonal skill
• Knowledge of financial management systems; accounting policies and standards; tax management, cost accounting, etc.

Qualifications and Experience:

• A university degree in Accounting or related field.
• Minimum of 6 years working experience within the finance/audit and control department of a corporate organisation or professional services organisation
• Previous experience of work in Hospitality or Hospitality Management services firm would be an added advantage
• Professional qualification such as: ACA, ACCA, ICAN, CFA etc. is required