Director Of Finance & Business Support (Hotel Industry Background)

Location
Nairobi, Kenya
Salary
300,001 - 400,000
Posted
22 Mar 2019
Closes
22 Mar 2019
Job role
Accountant
Responsible for the supervision of all members of the Accounting Department; Providing functional guidance to Board of Directors, Leadership Team
  • Minimum Qualification: Bachelor
  • Experience Level: Executive level
  • Experience Length: 4 years


Job Description

  1. Assist and provide financial guidance in the formulation and implementation of Strategic Plan, Budget and KPO's (Balanced Score Card)
  2. Ensure an up to date cash flow projection is maintained and maximizes cash flow performance of the group through controls on inventory, credit and collection, disbursements, deposits and remittances
  3. Ensure excess cash is managed to maximize earning potential
  4. Prepare outlooks for forthcoming months and forecasts for the remainder of the year
  5. Prepare monthly position of actual results against budget, analyse results and recommend to Board / Leadership Team measures required to meet budget
  6. Prepare consolidated quarterly position assessments for the Quarterly Review
  7. Distribute outlook and forecast information as an up to date management tool for operating departments
  8. Implement and review financial controls and policies
  9. Analyse financial and management reports
  10. Design internal control & reporting systems required by the department and hotels
  11. Evaluate existing internal control measures that apply to accounting procedures and computer systems as per Policies and Procedures
  12. Employ adequate internal control procedures to ensure correct authorisation for payment procedures
  13. Manage internal and external audits when they occur
  14. Provide administrative support to Management with reference to policy enforcement, business advice and operational assistance
  15. Identify training needs, develops formal training plans and conducts training sessions for accounting and operational staff in coordination with other departments
  16. Identify staff with potential for promotion and/or transfer within Accounting operation
  17. Obtain appropriate legal counsel regarding the business practices of the hotel and maintains an awareness of local laws, rules and regulations
  18. Provide safekeeping, including proper storage and access for all contracts, leases and other financial records
  19. Follow up on all capital expenditures to ensure compliance with original justification and approval
  20. Participate in local recognised professional and industry organisations
  21. Recommend and maintain appropriate list of delegation of authority for management
  22. Conduct monthly inspections and tests to ensure all departments are complying with required procedures
  23. Perform those duties required by the controls checklist issued by the Group Director of Finance
  24. Review prices and recommends pricing strategy
  25. Implement and maintains acceptable accounting practices and procedures as required by Hotels Group Policy, generally accepted accounting practices, and as affected by local conditions
  26. Select and monitor the Local Banking arrangements made for the operation of the company
  27. Review of operating equipment stores to avoid unnecessary/excessive purchases and to eliminate (or at least be aware) of obsolete slow moving items
  28. Ensure all accounts are reconciled on monthly basis, review and approve those reconciliation's
  29. Works with Human Resources on manpower planning and management needs


REQUIRED QUALIFICATIONS

Required Skills -

  • Demonstrated ability to interact with customers, employees and third parties that reflects highly on the group, the brand and the Company.
  • Proficient in the use of Opera, Sun, Micros, MC and MS Office / Google Apps
  • Problem solving, reasoning, motivating, organisational and training abilities.
  • Good Communication and writing skills

Qualifications -

· CPA / ACCA / CIMA / ACA

Experience -

4-8 years in hotel accounting or audit with at least one year in an Financial Controller or similar supervisory role, or an equivalent combination of education and work-related experience.

If you meet the above qualifications, kindly send your CV.