Financial Controller Laois

Job title:

Financial Controller Laois

Company

Leinster Appointments

Job description

Job Reference 17627
Job type Permanent
Location Laois
Salary € 60,000-80,000The RoleFinancial Controller – PermCo Laois – office basedJOB PURPOSE
The Financial Controller will manage all financial operations of the hotel, including accounting, budgeting,
forecasting, and financial analysis. The FC ensures that the hotel meets its financial objectives by providing timely
and accurate financial reports, maintaining financial controls, and ensuring compliance with all local laws and
regulations. The FC will also work closely with department heads to ensure that financial performance is aligned with
operational goals.Key Responsibilities:
Financial Reporting & Analysis:

• Prepare and present accurate and timely financial reports, including Profit and Loss (P&L) statements,

balance sheets, cash flow reports, and variance analysis.

• Monitor the hotel’s financial performance and provide actionable insights to management.
• Lead the month-end and year-end closing processes.

Budgeting & Forecasting:

• Lead the annual budgeting process, working closely with department heads to set financial targets and align

them with the hotel’s business goals.

• Regularly update forecasts based on operational changes and market trends.
• Conduct regular reviews of the hotel’s financial position and recommend adjustments to stay within budget.

Internal Controls & Compliance:

• Ensure robust internal financial controls are in place to safeguard assets and prevent fraud.
• Maintain compliance with all statutory requirements, including local tax laws, VAT, and regulatory filings.
• Liaise with external auditors and manage the year-end audit process.

Cash Flow & Treasury Management:

• Oversee cash flow management to ensure the hotel maintains sufficient liquidity.
• Optimize working capital by managing accounts payable and receivable.
• Manage banking relationships and negotiate favorable terms for the hotel.

Cost Control & Profitability:

• Identify and implement cost-saving opportunities without compromising service quality.
• Conduct cost variance analysis for various departments (F&B, housekeeping, maintenance) and recommend

improvements.

• Oversee inventory control, purchasing procedures, and payroll processes to manage operational costs

effectively.
Team Leadership & Development:

• Lead and mentor the finance team, ensuring all financial roles are executed efficiently.
• Conduct performance appraisals and foster professional development within the finance team.
• Provide financial training to department heads to improve financial literacy across the hotel.

Strategic Planning:

• Participate in strategic planning sessions with hotel management to align financial goals with overall

business objectives.

• Support new business opportunities (e.g., expansions, refurbishments, new services) with financial

projections and feasibility studies.
Collaboration with Other Departments:

• Work closely with the GM and department heads (e.g., F&B, front office, housekeeping) to ensure that

financial performance is well-integrated with operational activities.

• Ensure that department managers are aware of and adhere to the hotel’s financial policies and procedures.

The PersonQualified AccountantHotel background preferred**

Expected salary

€60000 – 80000 per year

Location

Co Laois

Job date

Wed, 16 Oct 2024 01:16:47 GMT

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