Director - Finance - Hospitality

Finance Director Job Purpose:

- Responsible for the efforts, results, and success of an organisation's finance department. Provides financial advice and support to help senior executives make key decisions.

Responsibilities

- Oversee, review, and adhere to the budgets for each business department

- Assist in company-wide budgetary planning

- Ensure that all of the company's financial practices are in line in statutory regulations and legislation

- Analyse the financial climate and market trends to assist senior executives in creating strategic plans for the future

- Interpret complex financial information and provide updates and information as needed

- Monitor cash flow, accounts, and other financial transactions

- Supervise financial assistants and other employees in the facilitation of day-to-day operations, including tracking financial data, invoicing, payroll, etc.

- Prepare official reports on a monthly and annual basis

- Seek out methods and practices to minimise financial risk

- Contract auditing services to ensure financial monitoring is up-to-date

- Create and maintain relationships with service providers and contractors, including banking institutions and accountants

- Update and implement financial policies and procedures

- Maintain a policy manual for the finance department

- Work with human resources employees to secure candidates who will be an asset to the finance department

- Establish and implement a training program for new finance employees.

Qualifications:

M.Com or MBA in Finance & Accounting, CA or Similar