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Job Description
- implement financial controls in the businesses which prevent misuse and misappropriation of funds or assets and inefficient cost control.
• Serve as a key member of the senior management team to develop operational and strategic business plans, forecasts and feasibility studies.
• Preparation of reports daily, weekly and monthly which include but are not limited to sales analysis, food and beverages cost reports, monthly management accounts.
• Preparation of annual budgets per business unit with quarterly updated rolling forecasts.
• Preparation and presentation of monthly Business Review Pack (BUR).
• Submission of a monthly Financial Manager’s report summarizing the performance of the businesses under your control, 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.
• Management and control of all banking related transactions within the Hospitality Division.
• Daily cash flow monitoring and management which includes the management of payables.
• Monthly balance sheet reconciliations review and authorize.
• Preparation of accounts
• Monitor supplier/customer agreements regarding respective revenue and cost associated with them.
• Use industry experience and initiative to identify areas for cost cutting and/or revenue improvement.
• Ensure all businesses and assets under your control are at all times properly insured through a reputable insurance company, claims are processed timely with appropriate.
• Risk management of assets, currency, credit and liquidity.
• Manage and coordinate internal and external audits.
• Strive to build a team culture by working together with the respective business and department heads in support of their strategies to achieve the business plan.
• Oversee the payroll preparation of the Hospitality Division.
• Serve as advisor to key management regarding strategic projects and operational requirements.
• Provide leadership to your finance team members and strive to be industry leading in terms of accuracy, quality, timings, execution and delivery.
• Foster a performance driven environment with quarterly staff performance reviews, identifying training needs and mentoring/coaching staff.
• Be familiar with the labor law and HR practices in the business and industry.
Job Requirements
• Experience in Food and Beverage (Preferably in restaurants chains) as a Finance Manager is a must
. • Excellent analytical and reporting skills.
• Multitasking and the ability to work in a dynamic and fast progressing environment
