The CFO will be responsible for overseeing all financial operations, guiding the company’s financial strategy, ensuring financial health, and supporting decision- making processes at the executive level. This role will involve managing financial planning and analysis, budgeting, forecasting, investment strategies, and financial risk management to drive the growth and profitability of the organization.
Key Responsibilities:
Financial Strategy & Leadership
Establish and monitor KPIs to assess the financial performance of the organization.
Lead financial planning and analysis (FP&A) processes, ensuring alignment with business needs and targets.
Provide financial insights and strategic advice to the executive team to support decision- making.
Develop and implement the company’s financial strategy in alignment with its long- term business objectives.
Budgeting & Forecasting
Oversee the preparation of annual budgets and financial forecasts, ensuring that financial targets are met.
Monitor and adjust financial plans based on performance and market conditions.
Lead the development of financial models for various business units and initiatives within the hospitality group.
Financial Reporting
Ensure the accuracy, timeliness, and compliance of financial reports, including income statements, balance sheets, and cash flow statements.
Present regular financial performance reports to the Board of Directors and other stakeholders.
Ensure compliance with all regulatory financial requirements, including tax and accounting standards.
Cash Flow & Capital Management
Evaluate financing options and manage relationships with banks, investors, and other financial institutions.
Oversee capital expenditures and ensure efficient allocation of resources.
Manage the company’s cash flow to ensure liquidity for operational and strategic investments.
Risk Management
Identify financial and operational risks, and implement strategies to mitigate potential risks.
Oversee insurance policies, credit facilities, and other risk management practices.
Team Leadership
Lead and mentor the finance team, fostering a culture of excellence and continuous improvement.
Coordinate with other departments, such as operations, marketing, and HR, to support business strategies and goals.
Strategic Partnerships & Acquisitions
Assess and advise on potential mergers, acquisitions, and partnerships in the hospitality sector.
Provide due diligence on potential business ventures and contribute to the negotiation and integration process.
