Job Summary:
The role of a Financial Operations Specialist involves overseeing the financial management of a hotel. This includes daily accounting operations, accounts payable, accounts receivable, payroll, and general ledger.
Responsibilities:
* Financial Management: Process daily transactions, prepare journal entries, accruals, and adjustments. Monitor cash flow and manage working capital effectively. Reconcile bank statements, supplier accounts, and intercompany balances.
* Reporting & Analysis: Track hotel expenses, identify cost-saving opportunities, and recommend strategies for improvement.
* Compliance & Control: Ensure compliance with local tax regulations, statutory audits, and company financial policies. Maintain strong internal controls.
* Collaboration: Work closely with the General Manager, department heads, and directors to achieve business objectives.
* Payroll & HR Coordination: Process staff payroll, deductions, and statutory contributions. Maintain employee financial records and liaise with HR on compensation-related matters.
* Vendor & Contract Management: Review supplier invoices and contracts to ensure accurate billing and best pricing. Manage relationships with vendors, auditors, and banks.
Qualifications & Skills:
* Bachelor's degree in Accounting, Finance, or a related field.
* Minimum 3–5 years of accounting experience, preferably in the hospitality industry.
* Strong knowledge of hotel accounting systems (e.g., Hotsoft, Volante, Sage or similar).
* Proficiency in MS Excel and accounting software.
* Excellent analytical, problem-solving, and organizational skills.
* Strong attention to detail and ability to meet tight deadlines.
* Leadership and communication skills.