Finance and Administration Manager-Hospitality Industry

Financial Management:

Develop and manage budgets, ensuring alignment with organizational goals.

Prepare insightful financial reports and conduct analysis to guide strategic decision-making.

Oversee compliance with financial regulations and reporting requirements.

Business Analysis:

Analyze financial performance and provide recommendations for improvement.

Contribute to the development of financial strategies and long-term planning.

Administration and Operations:

Manage administrative functions, including office supplies, equipment, and facilities.

Collaborate with HR on personnel-related matters, ensuring adherence to labor laws.

Oversee contract management and vendor relationships.

Risk Management:

Establish and monitor internal controls to safeguard assets and ensure data integrity.

Ensure compliance with relevant laws, regulations, and industry standards.

Additional Roles

• Financial Management:

Budgeting: Develop and manage the organization’s budget, ensuring that financial goals align with overall business objectives.

Financial Reporting: Prepare regular financial reports, including income statements, balance sheets, and cash flow statements, to provide insights to management and stakeholders.

Forecasting: Conduct financial forecasting to support strategic planning and decision-making.

• Financial Analysis:

Variance Analysis: Analyze financial variances and discrepancies, investigating and providing explanations for any deviations from the budget.

Financial Planning: Assist in the development of financial strategies and plans to achieve organizational goals.

• Risk Management:

Compliance: Ensure compliance with relevant financial regulations, reporting requirements, and tax obligations.

Internal Controls: Establish and monitor internal controls to safeguard the organization’s assets and ensure the accuracy of financial information.

Administration:

Office Management: Oversee administrative functions, including office supplies, equipment, and facilities management.

Human Resources: Collaborate with HR on administrative aspects related to personnel, such as payroll, benefits administration, and adherence to labor laws.

Contract Management: Manage contracts, agreements, and vendor relationships to ensure cost-effectiveness and compliance.

• Technology and Systems:

Financial Systems: Implement and manage financial systems and technologies to streamline processes and enhance efficiency.

Data Security: Ensure the security and integrity of financial and administrative data through the implementation of robust data protection measures.

• Communication and Collaboration:

Stakeholder Engagement: Communicate financial information effectively to stakeholders, including executives, board members, and staff.

Team Collaboration: Work closely with other departments to align financial and administrative activities with overall organizational objectives.

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