Support our work by becoming our Patron! Learn More
Job Description For Hotel Accounting And Financial Management

Job Description For Hotel Accounting And Financial Management

JOB TITLE: HOTEL ACCOUNTING AND FINANCIAL MANAGEMENT

REPORTS TO: Hotel Owner / Hotel Management Team

POSITION SUMMARY:

The Hotel Accounting and Financial Management position is responsible for overseeing the financial operations of the hotel, including budgeting, forecasting, and accounting. This position works closely with the hotel management team to ensure that the financial goals of the hotel are met.

HOTEL ACCOUNTING AND FINANCIAL MANAGEMENT DUTIES AND RESPONSIBILITIES:

  • Overseeing the financial operations of the hotel, including budgeting, forecasting, and accounting.

  • Working closely with the hotel management team to ensure that the financial goals of the hotel are met.

  • Preparing financial reports for the hotel management team and ownership.

  • Reviewing and analysing financial statements.

  • Identifying trends and areas for improvement.

  • Developing and implementing financial plans and strategies.

  • Ensuring compliance with financial regulations.

  • Reviewing and approving hotel financial statements.

  • Ensuring the accuracy of all financial transactions.

  • Identifying and resolving any discrepancies.

  • Overseeing the preparation of annual budgets.

  • Monitoring actual results against budgeted amounts.

  • Providing financial analysis and advice to hotel management.

PREREQUISITES:

QUALIFICATION AND SKILLS:

EXPERIENCE:

Experience working in hotel accounting or finance field is an advantage.