Finance Manager
Hotel Kimberley
- Enhance and improve the Hotel's performance and internal control system by efficient & effective financial analysis
- Shape and drive the implementation of the company financial strategy including delivery of forecasts, monthly management accounts and decision making
- To ensure financial control procedure is maintained and efficiencies are achieved with existing financial system, procedures, including internal control, risk management, corporate governance requirement.
- Increased financial efficiency by streamlining and automating financial reporting processes.
- Enhanced budget management by implementing expense tracking and cost reduction strategies.
- Optimized cash flow with diligent monitoring of accounts receivable and payable.
- Improved financial forecasting accuracy, utilizing advanced analytical models.
- Developed comprehensive financial reports for executive decision-making support.
- Implemented risk management strategies to protect company assets and minimize losses.
- Collaborated with cross-functional teams for strategic business planning and growth initiatives.
- Strengthened internal controls through regular audits and adherence to regulatory requirements.
- Negotiated favorable terms with vendors, resulting in significant cost savings for the company.
- Reviewed and approved capital expenditure requests, aligning with corporate objectives.
- Mentored junior finance staff, fostering professional development and strong team dynamics.
- Streamlined month-end close process, reducing time spent on manual tasks and improving data accuracy.
- Spearheaded implementation of financial software systems to enhance productivity and reporting capabilities.
- Increased profitability by identifying underperforming investments, reallocating resources accordingly.
- Facilitated effective financial decision-making by presenting complex data in simple visualizations.
- Championed best practices in financial management through ongoing training programs for staff members.
- Ensured compliance with local, state, federal tax regulations; timely filing of all required documents, mitigating potential penalties or fines.
- Trained new and existing staff members in various financial procedures to prepare for job requirements.
- Monitored budget and revenue trends, compiling reports for company leadership to inform decision-making.
- Reviewed documentation and identified financial discrepancies where applicable.
- Supported operations management, sales, and marketing efforts to increase revenue and overall financial health.
- Prepared monthly reconciliation of bank accounts and took corrective actions on deviations.
- Processed invoices and contacted appropriate parties for timely payment receipt.
- Created organizational structures to improve accounting and finance functions.
- Evaluated and negotiated contracts to procure favorable financial terms.
- Reviewed historical records, current operational data and forecasting information to identify and capitalize on system enhancement opportunities.
- Created financial dashboards to provide insights into key performance indicators.
- Improved overall financial reporting by streamlining control processes and reporting structures.
- Utilized financial software to prepare consolidated financial statements.
- Prepared cash flow projections, cost analysis and monthly, quarterly and annual reports.
- Analyzed business processes to identify cost savings and operational efficiencies.
- Established internal audit procedures to validate and improve accuracy of financial reporting.
- Supported financial director with special projects and additional job duties.
- Developed strategic plans for day-to-day financial operations.
- Checked payroll, vendor payments, commissions and other accounting disbursements for accuracy and compliance.
- Partnered with IT and operational leadership to develop financial business plans with detailed benchmarks.
- Forecasted trends and recommended improvements based on financial risk analyses.
