Finance Manager at Novotel

Job Description

We are seeking an experienced and detail-oriented Finance Manager to join our team! In this pivotal role, you will assist the Director of Finance in compiling timely and accurate financial management reports, as required by the country’s tax regulations as well as Accor reporting guidelines. You will assist the DOF in order to ensure that proper internal controls are in place. Also, you must play a role in the development of the Finance team especially in terms of training and continuous performance conversations.

Financial Reporting & Compliance

Oversee the daily operations of the Finance Department and ensure accurate, efficient workflow

Manage month-end and year-end closing processes in accordance with established timelines

Prepare statutory financial statements, management accounts, and comprehensive Profit and Loss reports

Ensure compliance with accounting standards, tax regulations, and organizational financial procedures

Maintain effective internal controls and segregation of duties across all financial functions

Coordinate with external auditors and tax authorities on audit and compliance matters

Accounts Management

Supervise and review Accounts Payable and Accounts Receivable activities

Ensure timely processing of invoices, payments, and collections

Monitor outstanding receivables and follow up on overdue accounts

Verify cash, credit card, and other payment transactions for accuracy

Investigate discrepancies and implement corrective actions

Budget & Cost Control

Prepare annual budgets and financial forecasts in collaboration with department heads

Monitor departmental expenses against approved budgets and analyze variances

Provide strategic recommendations to management for cost optimization and efficiency improvements

Support and drive effective cost-control initiatives throughout the organization

Analyze revenue reconciliation and identify opportunities for financial improvement

Team Leadership & Development

Lead, motivate, and develop the Finance team, fostering a culture of collaboration and accountability

Provide coaching, training, and mentorship to improve team performance and professional growth

Ensure work is completed accurately and within established deadlines

Promote teamwork, professional standards, and continuous improvement within the Finance Department

Create a supportive environment where colleagues feel trusted and inspired to grow

Internal Controls & Risk Management

Establish and maintain strong internal controls to safeguard organizational assets

Identify financial risks and recommend appropriate control measures

Assist with internal, external, and statutory audits

Maintain proper financial records and supporting documentation

Ensure transparency and accountability in all financial transactions

Payroll & Inventory Coordination

Review monthly payroll and related financial reports for accuracy and compliance

Verify payroll-related costs, deductions, and supporting documentation

Coordinate with People & Culture to ensure payroll accuracy and regulatory compliance

Monitor inventory reports and investigate significant variances

Support regular stock-taking and ensure proper inventory controls

Education

Bachelor’s degree in Accounting / Finance or a related field

Professional accounting certification (CPA or equivalent)

Professional Experience

Significant professional accounting and finance experience in Hospitality industry with a proven track record of success

Demonstrated experience in a senior finance or team leadership position

Practical experience in statutory reporting and managing month-end and year-end closing processes

Experience working with external auditors, tax authorities, and regulatory bodies

Proven ability to lead, coach, and develop accounting and finance teams

Experience in budget management, cost control, and financial forecasting

Background in accounts payable, accounts receivable, and revenue reconciliation

Technical Skills & Tools

Advanced proficiency in Microsoft Excel and financial modelling

Hands-on experience with accounting systems and financial software

Strong analytical and problem-solving abilities

Excellent organizational and time management skills

Proficiency in financial analysis, reporting, and data interpretation

Knowledge & Expertise

Comprehensive knowledge of accounting principles and tax regulations (including VAT and withholding tax)

Strong understanding of internal controls, financial compliance, and segregation of duties

Familiarity with payroll management and inventory control procedures

Knowledge of risk identification and mitigation strategies

Interpersonal & Communication Skills

Exceptional attention to detail and ability to meet demanding deadlines

Strong communication and stakeholder management abilities

Collaborative approach with the ability to work effectively across departments

Leadership qualities with a focus on team development and motivation

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