If anything truly defines Residency Hotels & Resorts, it is the value we attach to lasting memories. Building upon a century of experience as hoteliers has endowed us with a rich tradition of hospitality. Within a Residency experience, every guest is offered a warm welcome and is made to feel special, valued and appreciatedResponsibilities
Financial Reporting: Preparation and analysis of financial statements such as front desk and bar sales.
Cost Control: Monitoring expenses and analyzing variances to ensure adherence outflow.
Revenue Management: Working closely with revenue management teams to optimize room rates, occupancy levels, and overall revenue.
Accounts Payable and Receivable: Managing accounts payable processes, ensuring timely payment of bills and invoices. Handling accounts receivable, including billing and collection.
Tax Compliance: Ensuring compliance with all local, state, and federal tax regulations. Preparation and submission of tax returns.
Payroll: Processing payroll for hotel staff and other benefits
Financial Analysis: Conducting financial analysis to support decision-making processes, such as investment opportunities or cost-cutting measures.
Internal Controls: Implementing and monitoring internal control procedures to safeguard hotel assets and ensure accuracy of financial records.
Audit Preparation: Coordinating and preparing for external audits, ensuring all necessary documentation is readily available and accurate.
Financial Systems Management: Overseeing the hotel’s financial systems and software, ensuring they are up-to-date and effectively utilized.
Cash Flow Management: Monitoring cash flow projections and ensuring availability of funds for operational needs.
Financial Compliance: Ensuring compliance with all financial regulations and standards, including those specific to the hospitality industry.
Financial Strategy: Contributing to the development and implementation of financial strategies that support the overall goals and objectives of the hotel.
Audit taking: Ensuring that departmental working materials are available and accurately reported for, from Bar to Housing and purchasing of minors.
Requirements
Bachelor’s Degree / HND with 5 – 10 years experience.
