Finance Manager

About the Opportunity

World of Business Pvt. Ltd. is seeking an experienced Finance Manager to join Manhattan Grand Hotel, a growing hospitality and lifestyle brand located in the vibrant city of Hulhumalé, Maldives.

This opportunity is ideal for a finance professional who can lead hotel financial operations, strengthen accounting processes, improve financial controls, and provide strategic financial support to management.

The successful candidate will play a key role in establishing financial excellence, supporting business growth, and ensuring effective financial governance within the hotel operation.

The Role

The Finance Manager will be responsible for managing the overall finance function of the hotel, including financial reporting, budgeting, accounting operations, cost control, compliance, cash flow management, and financial analysis.

The role requires strong leadership skills, hospitality finance experience, and the ability to work closely with hotel management teams to improve profitability and operational performance.

Key Responsibilities

• Lead and manage daily finance and accounting operations of the hotel.
• Prepare monthly financial statements, management reports, and financial analysis.
• Manage accounts payable, accounts receivable, general ledger, income audit, and cash management functions.
• Develop and monitor annual budgets, forecasts, and financial plans.
• Analyze hotel performance, revenue trends, expenses, and profitability.
• Provide financial insights and recommendations to senior management.
• Monitor operational costs and identify opportunities for cost optimization.
• Ensure effective internal controls and compliance with company policies.
• Manage cash flow planning and treasury activities.
• Review revenue reports, daily sales reconciliation, and financial transactions.
• Oversee inventory control and coordinate with purchasing and cost control teams.
• Ensure accurate month-end closing procedures and timely reporting.
• Coordinate with external auditors and ensure successful completion of audits.
• Maintain compliance with local tax regulations, statutory requirements, and accounting standards.
• Support management decision-making through financial analysis and business reporting.
• Develop and improve finance department policies, procedures, and processes.
• Lead, train, and motivate finance team members.
• Collaborate with operational departments to improve financial performance.

Candidate Requirements

• Bachelor’s Degree in Finance, Accounting, Commerce, or related field.
• Professional accounting qualification (CA, ACCA, CIMA, CPA, AAT, or equivalent) is an advantage.
• Minimum 5 years of hospitality finance experience.
• Previous experience as Finance Manager, Chief Accountant, or similar senior finance role preferred.
• Strong knowledge of hotel accounting, budgeting, forecasting, and financial reporting.
• Experience with hotel financial systems and accounting software.
• Knowledge of Uniform System of Accounts for the Lodging Industry (USALI) preferred.
• Strong analytical, leadership, and problem-solving skills.
• Excellent communication and interpersonal abilities.
• Ability to manage multiple priorities in a fast-paced hotel environment.
• Strong knowledge of Microsoft Excel and financial reporting tools.