chief Accountant

Responsibilities

• Financial Management
• Oversee day-to-day accounting operations (AP, AR, General Ledger, Payroll).
• Prepare and review monthly, quarterly, and annual financial statements.
• Ensure compliance with accounting standards and local regulations.
• Monitor cash flow, liquidity, and financial health of the hotel.
• Budgeting & Forecasting
• Develop annual budgets in coordination with department heads.
• Monitor actual performance vs. budget and analyze variances.
• Provide financial forecasts and strategic recommendations.
• Cost Control
• Implement and monitor cost control systems across departments (F&B, Rooms, etc.).
• Analyze cost of sales, labor costs, and operational expenses.
• Ensure proper inventory control procedures.
• Internal Controls & Compliance
• Establish and maintain strong internal control systems.
• Ensure compliance with hotel policies, tax laws, and audit requirements.
• Coordinate internal and external audits.
• Reporting & Analysis
• Prepare financial reports for senior management.
• Provide insights on profitability, revenue trends, and cost efficiency.
• Support decision-making with financial data analysis.
• Team Leadership
• Supervise and train accounting staff.
• Ensure high performance and adherence to deadlines.
• Foster a professional and ethical work environment.

Requirements

• Bachelor's degree in Accounting, Finance, or related field.
• Professional certification (CPA, CMA, ACCA) is preferred.
• 7-10 years of accounting experience, with at least 3-5 years in hospitality or luxury hotels.
• Strong knowledge of hotel accounting systems (e.g., Opera, Sun, or similar).
• Excellent knowledge of IFRS / local accounting standards.
• Reporting Line
• Reports directly to: Finance Director / General Manager
• Skills & Competencies
• Strong analytical and problem-solving skills.
• High attention to detail and accuracy.
• Leadership and team management abilities.
• Excellent communication and reporting skills.
• Ability to work under pressure and meet deadlines.
• Strong understanding of luxury hospitality standards.
• Working Conditions
• Based in a luxury hotel environment.
• May require extended hours during audits, month-end, and year-end closing.
• KPIs (Key Performance Indicators)
• Accuracy and timeliness of financial reports.
• Budget variance control.
• Cost efficiency ratios.
• Audit results and compliance level.
• Cash flow management effectiveness.
• Your team and working environment:
• In 1-2 sentences, introduce the team, property or office environment in a way that reflects the culture
• Note: Customization may be included for any specific local or legislative requirements, such as work permits
• Our commitment to Diversity & Inclusion:
• We are an inclusive company and our ambition is to attract, recruit and promote diverse talent.

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