General Duty and Responsibility

• Finance manager will provide the financial expertise to enable the successful implementation of the service strategy and corporate initiatives while
• ensuring excellent financial performance. As a manager of Finance you will be responsible for achieving financial goals within the hotel. You will
• develop and implement hotel-wide strategies that deliver products and services to meet or exceed the needs and expectations of the customers. You
• will also create and execute a business plan that goes hand in hand with the corporate image and focus on the execution of financial and accounting activities.
• Responsible to: To the General Manager
• Detail Duties and Responsibilities
• Supervises and directs the financial activities of the hotel, safeguards the assets, and prepares all financial reports in accordance with generally accepted accounting principles.
• Maintain effective cash control system with audits and reports for each period.
•  Review security over assets and auditing inventories.
• To take a strategic lead on the financial aspects of capital applications.
• To prepare the financial forecast and ensure that it is an integral part of the strategic plan.
• Reviews, analyzes, modifies, and implements efficient and effective accounts receivable processes, policies, and procedures.
• Prepare the financial section of the annual corporate report.
• Review all major banquet functions and group accounts for proper account settlement prior to arrival.
• Ensure that all revenues and collections are recorded correctly
• Check the revenues are allocated and posted to the appropriate accounts.
• Ensure and check all filling documents are properly filed.
• Ensure that all payments are paid on time in accordance with procedures.
• Making sure if all prepayments, accruals and deferred incomes are properly recorded.
• Check inventories, cost credits and supervise adherence to procedures on purchasing, receiving and storing.
• Schedule, train and supervise subordinates.
• Making sure monthly, Quarterly and yearly financial reports are prepared on time.
• Co-operate with other departments of the hotel in order to achieve organizational objectives.
• Make sure the government tax and other necessary payment is being effected on time.
•  Cooperate with other departments for smooth running of the operation.
• Formulate polices pertinent to the Finance Department (i.e. accounting, property handling, cash flow, purchasing, storing, issuing and sales polices & procedures).
• Give directives concerning accounting, cash handling and expense and take necessary measures if there are nay deviations from the set procedures

Job Requirement

Qualification and Experience Required Education: A University Graduate with Degree/MA in Accounting & Finance.

Experience: 8 years & above direct experience Finance and accounting in hospitality industry

Special knowledge:

• Familiarity with local labor markets & wage rates, IFRS, Sun and Opera System,      knowledge of individual differences in ability & personality is essential
• Training: Much of the training must be gained on the job.
• Work Hours: 8

Place of work: Addis Ababa