Finance Manager at People Apex Solution

Job Summary

• The Finance Manager will play a pivotal role in overseeing the financial health and operational efficiency of the organization.
• This individual will be responsible for managing all financial activities, including budgeting, forecasting, financial reporting, and compliance.
• The ideal candidate will have a strong background in finance, preferably within the hospitality industry, and possess the ability to provide strategic financial guidance to support business objectives.

Key Responsibilities
Financial Planning & Analysis:

• Develop and manage annual budgets, forecasts, and long-term financial plans in alignment with organizational goals.
• Conduct variance analysis to identify trends, risks, and opportunities, providing actionable insights to senior management.
• Monitor key financial metrics and KPIs to ensure the financial stability and profitability of the business.

Financial Reporting:

• Prepare accurate and timely financial statements, including profit and loss accounts, balance sheets, and cash flow statements.
• Present financial reports to senior management, stakeholders, and board members, highlighting performance against targets.
• Ensure compliance with accounting standards, regulatory requirements, and internal policies.

Cash Flow Management:

• Oversee cash flow planning and ensure availability of funds for operational needs.
• Manage working capital, including accounts receivable, accounts payable, and inventory control.
• Optimize banking relationships and negotiate favorable terms with financial institutions.

Cost Control & Profitability:

• Implement cost control measures to maximize profitability across all business units.
• Analyze cost structures and identify areas for efficiency improvements.
• Collaborate with department heads to monitor and control operational expenses.

Strategic Financial Leadership:

• Provide strategic financial guidance to support business decisions, including investments, expansions, and new projects.
• Evaluate financial implications of business initiatives and provide recommendations to senior leadership.
• Support the development and execution of business strategies to drive growth and profitability.

Compliance & Risk Management:

• Ensure compliance with local, state, and federal financial regulations and tax requirements.
• Implement and maintain robust internal controls to safeguard company assets.
• Identify and mitigate financial risks through effective risk management practices.

Team Leadership & Development:

• Lead and mentor the finance team, fostering a culture of accountability, collaboration, and continuous improvement.
• Provide training and development opportunities to enhance team capabilities.
• Delegate tasks effectively and ensure the team meets deadlines and objectives.

Hospitality-Specific Responsibilities:

• Monitor revenue streams specific to the hospitality industry, including room revenue, F&B sales, and event bookings.
• Analyze occupancy rates, average daily rate (ADR), and revenue per available room (RevPAR) to optimize pricing strategies.
• Collaborate with operations teams to ensure seamless financial processes across all hospitality functions.

Key Performance Indicators (KPIs)

• Accuracy and timeliness of financial reporting.
• Achievement of budget and forecast targets.
• Improvement in profitability and cost efficiency.
• Compliance with regulatory requirements and internal controls.
• Team performance and development.

Qualifications
Education:

• Bachelor’s Degree in Finance, Accounting, Business Administration, or a related field.
• Professional certification (e.g., CPA, CMA, ACCA) is highly preferred.

Experience:

• 4 - 6 years of progressive experience in finance or accounting roles, with at least 3 years in a managerial capacity.
• Proven experience in the hospitality industry is strongly preferred.
• Strong knowledge of hospitality-specific financial systems (e.g., Opera, Micros, or similar) is a plus.

Skills & Competencies:

• Strong analytical and problem-solving skills with a keen attention to detail.
• Excellent communication and interpersonal skills, with the ability to present complex financial information to non-financial stakeholders.
• Proficiency in financial software (e.g., SAP, Oracle, QuickBooks) and advanced Excel skills.
• Ability to work under pressure, meet tight deadlines, and manage multiple priorities.
• Strong leadership and team management abilities.
• High level of integrity and professionalism.

Why Join Our Client?

• Salary: N300,000 to N350,000 monthly net.
• Daily staff meal
• Health insurance
• Opportunity to work with a prestigious and growing hospitality brand.
• Collaborative and supportive work environment.
• Career growth and development opportunities.