Financial Controller at Universal Human Resource Consult

Job Summary

• The Financial Controller is responsible for managing all financial and accounting operations of the hotel.
• This includes budgeting, forecasting, financial reporting, cost control, audit coordination, and ensuring compliance with financial regulations and internal policies.
• The role ensures that the hotel’s financial resources are used efficiently to support profitability, sustainability, and growth.
• The ideal candidate is a detail-oriented and analytical finance professional with strong leadership skills and a deep understanding of the hospitality industry’s financial operations.

Key Responsibilities
Financial Planning & Analysis:

• Develop and manage annual budgets, forecasts, and financial strategies in line with the hotel’s goals.
• Prepare periodic financial statements and management reports, including profit and loss, balance sheets, and cash flow statements.
• Analyze financial performance, identify trends, and provide insights to support management decision-making.
• Monitor and control operational expenses to achieve financial targets.

Accounting Operations:

• Supervise daily accounting operations, including accounts payable, receivable, payroll, and general ledger.
• Ensure timely and accurate posting of financial transactions in accordance with accounting principles.
• Reconcile bank statements and oversee cash management and liquidity control.
• Maintain accurate and up-to-date financial records in compliance with statutory and internal requirements.

Internal Controls & Compliance:

• Develop and enforce strong internal control systems to safeguard assets and prevent fraud.
• Ensure compliance with local tax laws, financial reporting standards, and corporate policies.
• Liaise with external auditors, tax authorities, and regulatory agencies as required.
• Conduct periodic internal audits to assess financial risks and recommend corrective measures.

Cost Management & Revenue Optimization:

• Work closely with department heads (e.g., F&B, Rooms, Procurement) to monitor costs and enhance profitability.
• Implement cost control measures without compromising service quality.
• Oversee pricing strategies, revenue management reports, and cost-benefit analyses.
• Identify areas for financial improvement and operational efficiency.

Leadership & Team Management:

• Supervise, train, and mentor finance team members to ensure high performance and professional growth.
• Foster collaboration between the finance department and other operational units.
• Develop and maintain a culture of financial integrity and accountability.

Strategic Support:

• Advise management on financial implications of business decisions and investment opportunities.
• Support strategic initiatives such as expansion, renovation, or capital projects.
• Provide financial analysis and projections to guide management’s planning process.

Skills & Competencies:

• Strong analytical and quantitative skills.
• Excellent leadership and communication abilities.
• Deep knowledge of accounting principles, taxation, and financial regulations.
• Proficiency in hotel accounting systems (e.g., Opera PMS, Micros, Quickbooksor Sage).
• High level of accuracy, attention to detail, and confidentiality.
• Strong problem-solving and decision-making skills.

Qualifications & Experience

• B.Sc in Accounting, Finance, or related field.
• Professional certification such as , ICAN, ACA, ACCA, or equivalent is required.
• Minimum of 6 years of progressive experience in accounting or finance, with at least 3 years in a managerial or controller role within the hospitality industry.
• Proven experience in budgeting, cost control, and financial reporting in a hotel environment.