1. Financial Controller
I. Accounting and Control
II Operational and Commercial
I Accounting and Control – responsibility for the accounting records and safeguarding of the hotel’s assets.
1. Provide reliable financial data on which the operational management may make sound commercial decisions.
2. Comply with the hotel management agreement with the owner.
3. Comply with corporate reporting requirements of the ultimate holding company.
4. Comply with the local statutory/fiscal requirements.
5. Complying with all Standard Practice Instructions (SPIs) and other policies issued by Main Office.
6. Ensuring all laws and fiscal regulations of the country in which the operation is located are compiled within. This also includes the responsibility for ensuring proper permits and licences have been obtained for importation, currency transfers and the hotel operations (bars, clubs, etc.)
II. Operational and Commercial - responsibility as a senior member of the hotel team, to interpret the financial information produced. The Finance Manager should through financial analysis techniques make, and with the General Manager implement recommendations that have a positive contribution to the hotel’s profitability. Primarily the Finance Manager should act as a strategic advisor to the General Manager and Director of Operations.
7. Budgeting – The co-ordinating of annual profit, capital, cash and any other short term (one year) plan for the hotel in a formal set by Main Office.
8. Variance Analysis - To report in formats set by Main Office and as required by the General Manager on the actual performance compared to plan and/or forecast with appropriate commentary explaining the cause, effect and remedial action being taken to achieve planned or forecast performance.
9. Short Term Forecasting - In conjunction with the General Manager and department heads, the preparation of a monthly and / or quarterly profit forecast.
To compare actual figures to plan and/or previous forecast with commentary and other explanations as may be required.
10. Long Term Forecasting and Strategic Planning – In conjunction with the general Manager, the preparation of 1-3 year or longer forecast with appropriate comment normally on an annual basis for strategic planning purposes.
11. Capital Review – To review and approve all investment proposals including FF & E and larger scale investments such as extensions and major refurbishments); to ensure that both financial accuracy and sound commercial and business judgment is applied in the process.
12. New Developments, Acquisitions – To prepare, review and be involved in the production of financial and other relevant data for new developments, acquisitions where a financial and commercial input is required.
Minimum Qualifications:
• Masters/Bachelor’s Degree in Accounting and Finance
• CPA (T) will be added advantage
• 5 years experience in a similar position
• Previous work experience in the hospitality industry is necessary.
• Must have ability to use sun accounting software.
• Ability to work well under pressure
Other Competencies
• Good communication and interpersonal skills
• Strong computer skills
Candidates meeting requisites qualifications should submit their applications describing how they qualify for the position. They should also send detailed CV with reliable contacts, passport photos, name and address of at least two reputable referees and academic credentials, to reach undersigned by 31st October, 2011.
HRD
P.O BOX 2404
Zanzibar
Or through the following email address: hrtrz@theresidence.com
Financial Controller - The Residence Zanzibar
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