Finance Manager
Finance Manager
Posted on :
09-08-2025
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1 Vacancy
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Job Description
Job Title: Finance Manager
Location: Nairobi Kenya
Reports to: General Manager
Industry: Hospitality
Job Purpose
The Finance Manager will lead and manage the financial operations of the hotel ensuring accurate financial reporting budgeting cash flow management and compliance with accounting standards. This role is critical to driving profitability financial planning and supporting strategic decision-making in a dynamic hospitality environment.
Key Responsibilities
1. Financial Reporting & Analysis
- 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.
2. Budgeting & Forecasting
- Develop annual budgets in collaboration with department heads.
- Monitor and control budget adherence across all departments.
- Provide regular financial forecasts and updates to management.
3. Cash Flow & Treasury 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.
4. Compliance & Audit
- 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.
5. Financial Controls & Systems
- 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.
6. Team Leadership & Development
- Supervise finance staff providing guidance training and performance management.
- Foster a collaborative environment between finance and other departments.
7. Strategic Financial Planning
- Support strategic initiatives by providing financial analysis and scenario planning.
- Assist management with investment decisions cost management and revenue enhancement strategies.
Requirements
Qualifications & Experience
- 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.
Core Competencies
- 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
Employment Type
Full Time
Key Skills
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