Finanace Manager

JOB OVERVIEW

Direct the financial operations of the Company to ensure the security of Company assets. Report to GMs and owners on financial state of Company and make recommendations to improve Company profitability. Serve as primary contact for all Company financial- and accounting-related issues with owners, auditors (internal and external) and regulatory agencies.

DUTIES AND RESPONSIBILITIES

FINANCIAL RETURNS:

•    Use financial analysis, data trends and market information to anticipate needs, identify operating/financial issues, and recommend actions to maximize financial return.

•    Create the annual operating budget for the property and provide analytical support during budget reviews to identify cost-saving and productivity opportunities for department heads.

•    Analyze ROI for capital projects prior to committing funds and, upon completion, determine if anticipated results were achieved.

•    Maximize cash flow performance of the Company through controls on inventory (avoid excessive supply), credit and collection, disbursements, deposits and remittances.

•    Review rates and recommend rate strategy to the General Manager; participate in sales strategy meetings.

PEOPLE:

•    Manage day-to-day activities, plan and assign work, and establish performance and development goals for team members. Provide mentoring, coaching and regular feedback to help manage conflict, improve team member performance, and recognize good performance.

•    Educate, train and motivate finance and accounting teams to achieve Company revenue goals. Ensure staff has the information, market data, tools and equipment to successfully carry out job duties. Provide direction to hotel employees on how decision-making impacts profits.

•        Promote teamwork and quality service through daily communication and coordination with key department heads.

RESPONSIBLE BUSINESS:

•    Implement and maintain acceptable accounting practices as required by company policy and procedures.

•    Develop and implement financial control procedures and systems; maintain records for internal and external audits; ensure compliance with government regulations and contractual agreements.

•    Participate in local recognized professional and industry organizations

•    Manage company contracts (example: vendor leases and/or service contracts). Perform other duties as assigned. May also serve as manager–on-duty.

QUALIFICATIONS AND REQUIREMENTS

Bachelor’s degree / higher education qualification / equivalent in Accounting or Finance and 8-10 years in Restaurants accounting or audit with at least one year in an Assistant Controller or similar supervisory role, or an equivalent combination of education and work-related experience. Knowledge of accounting management duties such as negotiating company space and tenant leases; processing payroll; performing asset management duties; providing business projections, displacement analysis, preparing government reports, filing tax returns, etc. as needed or requested. Professional accounting or finance designation or certification preferred.

Other:

•    Mathematical skills, including basic math, budgeting, profit/loss concepts, percentages, and variances are utilized frequently.

•    Problem-solving, reasoning, motivating, organizational and training abilities are used often.

•    Reading abilities are used often in reviewing financial analyses, budgets, and other related reports. Writing abilities are used in compiling these financial reports, as well as to document.

•    May be required to work nights, weekends, and/or holidays.

The statements in this job description are intended to describe the essential nature and level of work being performed. They are not intended to be ALL of the responsibilities or qualifications of the job.