A global hospitality company and they seek to hire a seasoned Chief Financial Officer to provide direction for financial operations of the company to join their team in Nairobi
Skills and Qualifications
• Bachelor or Master’s Degree in Finance, Accounting or Business Administration
• Professional Accountant Qualification in ACCA/ACA/ CPA-K
• At least 10 years of senior level experience preferably in the hospitality industry
• Accounting and Financial Principles – Knowledge of generally accepted accounting principles and their proper application to hotels and general business transactions.
• Knowledge of database and accounting computer application systems to supply the most accurate financial information.
• Ability to establish and maintain strong banking, insurance, and supplier relationships in an effort to provide the company with the most effective and least costly services.
• Must possess excellent leadership skills with the ability to effectively manage subordinate executives and managers in various roles and responsibilities.
• Possess excellent verbal and written communication skills.
• Must have sharp business acumen with a firm understanding of critical success factors for operating a profitable, growing and highly complex five star hotel.
Responsibilities
• Planning: Preparation of annual financial plan with key objective for all cost centers of the hotel.
• Finance: Arrange and review external financing and ensure reports are forwarded as specified in the agreements. Management of internal finances by regular cash-flow, projections, business plans, petty cash reimbursements, control of debt collection, creditor’s payment as well as tax forecasting and payment.
• Audits: Co-ordinate with external auditors for completion of statutory audits at the end of each fiscal year and submit the necessary legal returns and ensures any follow-up and implementation of audit recommendations.
• Management and Administration: Ensure accurate, up-to-date accounting reports are produced as per policy.
• Internal Controls: Ensure efficient and effective financial management and controls within the hotel. By personal spot checks, regularly review all internal controls and system and ensure they are updated, upgraded and implemented.
• Legal Documents: Ensure proper review of all insurance policies and premiums. Ensure compliance with the laws pertaining to licenses within Kenya and the safe custody of the original documents thereof.
• Assets: Ensure proper compilation and maintenance of an accurate assets register for the hotel. Ensure all assets are recorded on procurement, correctly depreciated and properly disposed as and when necessary.
• Operating Equipment: Advise on the most appropriate equipment (e.g. computers, calculators, cash registers etc.) within the Finance department for efficient and optimum operations.
• Personnel Management: Participation in the recruitment of the right caliber of personnel to efficiently operate the finance department and ensure proper supervision, effective motivation, proper discipline and continuous training.
• General: Assist the General Manager and/or Director in any other duties relating to the hotel that may be assigned from time to time.
Job Requirements
Required education
: Post-graduate education
Required relevant work experience
: 10 years
Required languages:
English (Spoken: fluent | Written: fluent)
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