Job Description
Company Introduction
Our client is an established company operating within the hospitality industry.
Job Responsibilities and Duties
- Oversee the overall financial management of the organisation, including accounting operations, financial reporting, budgeting, forecasting and internal controls;
- Lead the Finance Department, ensuring accurate and timely preparation of management accounts, financial statements and other financial reports;
- Develop and implement financial strategies, systems and procedures to support the organisation’s short- and long-term objectives;
- Prepare and monitor annual budgets, financial forecasts and business plans, analysing variances and reporting financial performance to senior management;
- Oversee the processing of financial transactions, general ledger entries, reconciliations and month-end closing procedures;
- Ensure the accuracy and integrity of accounting records and compliance with applicable accounting standards, including GAAP and IFRS;
- Manage working capital, including cash flow, stock, debtors and credit control, ensuring effective financial management;
- Monitor operational costs and identify opportunities to improve financial efficiency and reduce expenditure;
- Oversee payroll processing and payments to employees and subcontractors;
- Develop, review and maintain internal financial controls, policies and procedures to ensure compliance and minimise financial risks;
- Ensure the timely preparation and submission of corporate tax, VAT and other statutory returns, in accordance with applicable regulations;
- Support the development and implementation of the organisation’s corporate tax strategy;
- Lead the implementation and ongoing development of the ERP system, working closely with IT to ensure effective financial reporting and system functionality;
- Manage, supervise and develop the Finance Department, providing guidance, training and performance feedback;
- Collaborate with senior management and other departments, providing financial advice and supporting operational and strategic decision-making;
- Manage relationships with external auditors, tax advisers, banks, insurance providers and other relevant stakeholders;
- Oversee insurance-related matters, including the management of claims;
- Identify opportunities to improve financial processes, strengthen risk management practices and enhance overall departmental performance.
Experience
- A minimum of 3 years of experience in a similar financial management role;
- Fully qualified ACCA certification is mandatory;
- Proven experience in leading, managing and developing a team;
- Previous experience within the hospitality industry would be considered an asset;
- Strong knowledge of financial accounting, management reporting, budgeting and forecasting;
- Good understanding of GAAP, IFRS, taxation and applicable financial reporting regulations;
- Experience managing financial operations, internal controls, cash flow and working capital;
- Experience working with ERP systems and financial management software;
- Strong computer literacy and proficiency in accounting and financial reporting systems.
Personal Skills
- Strong leadership and people management skills;
- Excellent analytical and problem-solving abilities;
- Strong organisational and time management skills;
- Excellent communication and interpersonal skills;
- Strong attention to detail and accuracy;
- Commercial awareness and sound financial judgement;
- Proactive and results-driven, with the ability to identify opportunities for improvement;
- Adaptable and capable of working in a fast-paced environment.