Finance Manager
- Nairobi
- Permanent
- Full-time
- Prepare and present monthly, quarterly, and annual financial statements and reports.
- Analyze financial data to identify trends, variances, and opportunities for cost optimization.
- Provide detailed financial insights and recommendations to senior management.
- Develop annual budgets in collaboration with department heads.
- Monitor and control budget adherence across all departments.
- Provide regular financial forecasts and updates to management.
- Manage cash flow to ensure the hotel’s liquidity and operational needs.
- Oversee accounts payable and receivable, ensuring timely collections and payments.
- Coordinate with banks and financial institutions as necessary.
- Ensure compliance with local tax laws, financial regulations, and company policies.
- Coordinate internal and external audits and ensure timely implementation of audit recommendations.
- Maintain up-to-date knowledge of accounting standards and regulatory changes.
- Establish and maintain robust internal controls to safeguard hotel assets.
- Implement and improve financial systems, processes, and procedures.
- Oversee payroll processing in conjunction with the HR department.
- Supervise finance staff, providing guidance, training, and performance management.
- Foster a collaborative environment between finance and other departments.
- Support strategic initiatives by providing financial analysis and scenario planning.
- Assist management with investment decisions, cost management, and revenue enhancement strategies.
- Bachelor’s degree in Accounting, Finance, or related field.
- CPA (Kenya) or equivalent professional qualification is highly preferred.
- Minimum 7 years of experience in finance management, ideally within the hospitality industry or hotel environment.
- Proficiency with accounting software (e.g., Sage, QuickBooks) and Microsoft Office Suite.
- Strong analytical, organizational, and communication skills.
- Financial management and reporting
- Budgeting and cost control
- Cash flow and treasury management
- Compliance and risk management
- Leadership and team development
- Problem-solving and decision-making
- Integrity and confidentiality