Cluster Finance Executive
Job Summary
The Finance Executive is responsible for managing financial transactions, overseeing accounts payable/receivable, and maintaining accurate financial records. This role supports the management team by providing financial insights and ensuring compliance with hotel policies. You will collaborate across departments to ensure efficient financial operations and reporting.
Responsibilities
- Manage accounts payable, receivable, and costing.
- Reconcile supplier invoices and customer payments.
- Ensure compliance with financial policies and tax laws.
- Prepare daily cash reports and financial records.
- Assist with internal and external audit processes.
Required Skills
- 2-3 years of finance experience (hospitality preferred).
- Proficiency in accounting software and Excel.
- Strong attention to detail and problem-solving.
- Excellent communication and collaboration skills.
- Knowledge of budgeting and forecasting.
Job Details
Key Roles & Responsibilities:
- Oversee the processing of accounts payable or accounts receivable or costing, ensuring timely payments and collections according to hotel policies.
- Reconcile supplier invoices and customer payments, ensuring that all financial transactions are accurately recorded.
- Maintain records of financial transactions and vendor relationships to ensure proper documentation and compliance.
- Ensure proper procedures are followed for handling cash transactions and resolve any discrepancies quickly and efficiently.
- Prepare daily cash reports and ensure all cash-related transactions are accurately recorded.
- Work closely with various departments, such as Sales and Operations, to gather data and ensure financial records reflect accurate operational activities.
- Ensure compliance with local tax laws, financial regulations, and hotel policies.
- Support internal and external audits, ensuring all financial records are up-to-date and accurately documented.
- Prepare for audits by maintaining an organized and easily accessible record of financial transactions and documents.
- Maintain financial filing systems and ensure compliance with hotel policies on financial record-keeping.
- Perform other administrative tasks as required by the finance department, supporting senior management in financial operations.
Experience and Skills:
- Excellent verbal communication skills for clear and effective communication with internal and external stakeholders.
- Strong attention to detail with the ability to spot discrepancies and manage multiple financial tasks simultaneously.
- Ability to collaborate with various departments, ensuring smooth financial operations and understanding the financial needs of different teams.
- Ability to maintain professionalism under pressure and manage confidential financial information with integrity.
- Strong problem-solving abilities to address discrepancies and challenges in financial processes.
- Secondary/High School education with a preference for a degree in finance, accounting, or related fields.
- Minimum of 2-3 years of experience in a finance role, preferably within the hospitality industry, with solid knowledge of hotel financial operations.
- Proficiency in accounting software (e.g., Opera, SunSystems, or similar systems) and advanced Microsoft Excel skills.
- Familiarity with budgeting, forecasting, and financial reporting procedures.
- Strong organizational and time management skills, with the ability to prioritize tasks effectively.