CareerFinders, on behalf of our client, the owner and operator of 2 luxury hotels in Cyprus, we are seeking to recruit a Hotel Finance Manager to join their growing team. Working closely with the hotel General Managers, the successful applicant will lead the finance function of both hotels, managing a team of 6 accounting professionals. You will split your time between the two hotels, based in Paphos & Ayia Napa as well as the central offices based in Nicosia. An academic background relating to Accounting, Finance and/or Economics is highly desirable and full members of a recognised accounting body (ACA, ACCA, CPA) are encouraged to apply. You will need to possess approximately 5+ years of proven experience in a relevant role, with strong knowledge of IFRS principles. Excellent verbal and written communication skills in both Greek & English are essential. Previous experience in a finance role within the Hospitality industry will be considered an advantage.

Key Duties/Responsibilities:

• Oversee payroll, receivables, payables of the 2 hotels, as well as payment preparations.
• Manage cash flow of each hotel.
• Oversee the capital expenditure.
• Oversee of reconciliation process ensuring relevant statutory requirements (VAT, Tax, Financial Statements) are satisfied.
• Manage and liaise with auditors for the statutory audit, VAT, and Tax advisors accordingly.
• Manage bank accounts ensuring correct allocation of receipts, expenses, collections etc. in accordance with the management agreement for each of the hotels.
• Checking, agree and provide instructions for the payment of the management company fees.
• Constantly improve accounting/treasury process/controls in accordance with IRFS principles, corporate governance policies and the Shareholders’ internal policies.
• Ensure that effective internal controls are in place to safeguard company processes and assets.
• Develop and lead of a team of accountants including appraisal and training.
• Liaise with any external service providers such as external auditors, tax/vat advisors as well as with banks and the key stakeholders.
• Ensure financial risks are properly understood and managed.
• Any other ad hoc duties, as and when required.

Key Skills/Experience:

• Degree in Finance, Accounting or Economics or related field.
• Professional qualification, such as ACCA/ACA/CPA is highly desirable.
• 5+ years post qualification experience.
• Previous experience in a managerial position in the finance or hospitality industry will be considered an advantage.
• Strong knowledge on IFRS principles.
• Solid understanding of financial statistics and accounting principles.
• Strong interpersonal, communication and presentation skills.
• Self-starter and able to work on own initiative.
• Ability to execute and follow through completion and documentation.
• Strong analytical skills and the ability to use Excel exceptionally to achieve objectives.
• Able to prioritise, work to deadlines and oversee a multitude of tasks.
• Excellent team player.
• Highly dedicated, flexible and committed to getting the job done.
• Fluent in spoken and written English and Greek language.

To apply for this vacancy, please send your CV, along with any covering letter to jobs@careerfinders.com.cyquoting the reference number CAR6714. Please note that due to the high volumes of applications received only shortlisted applicants will be responded to. By sending us your CV you are giving CareerFinders your consent to be contacted for this and any other suitable vacancies that we believe match your skills and experience. To view our privacy policy, please click www.careerfinders.com.cy/privacy-policy.