The role is responsible for managing, analyzing, and ensuring the accuracy of financial records and transactions, thereby supporting the financial health and strategic decision-making of an organization.

Key Accountabilities

Financial Record Overall Keeping

• Maintain accurate and organized financial records, including income, expenses, assets, and liabilities.
• Record and categorize financial transactions specific to hospitality, such as room revenues, food and beverage sales, and event management.
• Ensure data integrity and timely updating of financial records.

Financial Reporting

• Prepare financial statements, including balance sheets, income statements, and cash flow statements.
• Provide clear and concise financial overviews to management and stakeholders.

Budgeting and Forecasting

• Collaborate with management to develop annual budgets and financial forecasts.
• Monitor budget performance, analyze variances, and provide recommendations for financial improvements.
• Assist in financial planning to ensure optimal resource allocation and cost control.

Tax Compliance

• Ensure compliance with tax regulations.
• Calculate and prepare tax returns, considering specific hospitality-related tax deductions and credits.
• Stay informed about changes in tax laws affecting the hospitality industry.

Payroll and Benefits Administration

• Oversee payroll processing and ensure timely and accurate payment to employees.
• Manage employee benefits, including health insurance, retirement plans, and other perks specific to the hospitality industry.
• Ensure compliance with labor laws and regulations.