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Key Job Responsibilities:
- Develop and execute the hotel's financial strategy, aligning it with company objectives.
- Lead budgeting, forecasting, and financial planning efforts, ensuring financial goals are met.
- Provide financial guidance and recommendations to the General Manager and senior management.
- Prepare and analyze financial statements, identifying trends and variances.
- Monitor financial performance, highlighting areas for improvement or cost-saving opportunities.
- Maintain accurate and timely financial records, complying with regulatory requirements.
- Collaborate with various departments to evaluate and optimize business processes.
- Conduct feasibility studies and financial analysis for potential projects or investments.
- Assist in business development efforts and strategic decision-making.
- Manage cash flow and liquidity, ensuring the availability of funds for operational needs.
- Implement effective treasury and cash management practices.
- Identify financial risks and implement risk mitigation strategies.
- Ensure compliance with financial regulations, company policies, and industry standards.
- Facilitate internal and external audits as needed.
- Manage and develop a finance and business support team, fostering a culture of excellence.
- Provide training and mentorship to colleagues to enhance financial knowledge and skills.
- Implement cost-control measures while maintaining quality and service standards.
- Oversee procurement processes, negotiating vendor contracts and optimizing supplier relationships.
- Stay updated on financial technology trends and recommend system improvements.
- Ensure the efficient use of financial systems and tools.
- Operate in a safe and environmentally friendly manner, prioritizing guests' and colleagues' health and safety, as well as environmental conservation.
- Adhere to hotel environmental, health, and safety procedures and policies.
Ready to apply?
Join Louvre Hotels Group MENA and take your career to the next level!
Application takes less than 5 minutes

