Financial Controller ( Restaurants, Cafe, Hotel )

Job Purpose:
To oversee and manage the financial operations of the hotel/restaurant, ensuring accurate reporting, compliance, cost control, and strategic financial planning to maximize profitability.

Key Responsibilities:

• Financial Management & Reporting:
• Prepare and review monthly, quarterly, and annual financial statements.
• Monitor financial performance and provide insights to management.
• Ensure compliance with accounting standards and local regulations.
• Budgeting & Forecasting:
• Develop annual budgets and financial forecasts for all departments.
• Track actual performance vs. budget and advise on corrective actions.
• Cost Control:
• Monitor operating costs, food & beverage costs, and payroll.
• Identify areas for cost reduction and efficiency improvements.
• Cash Flow & Treasury:
• Oversee cash flow, bank transactions, and daily financial operations.
• Ensure liquidity for operations and timely payments to suppliers.
• Internal Controls & Compliance:
• Implement and maintain internal controls to safeguard company assets.
• Ensure tax compliance and timely filing of statutory returns.
• Team Management:
• Supervise accounting and finance staff (e.g., finance managers, accountants).
• Conduct training and performance evaluations for finance team.
• Strategic Support:
• Provide financial insights for decision-making on new projects, expansions, or investments.
• Collaborate with operations managers to optimize profitability.

Requirements:

• Bachelor’s degree in Accounting, Finance, or related field (Master’s preferred).
• CPA/ACCA/CIMA certification is a plus.
• 5+ years of finance experience, preferably in hotels or restaurants.
• Strong knowledge of accounting software (e.g., SAP, Oracle, or hotel POS systems).
• Excellent analytical, communication, and leadership skills.

Skills & Competencies:

• Strategic financial planning
• Budgeting and forecasting
• Cost control and revenue optimization
• Compliance and risk management
• Team leadership and mentoring

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talha@rikaz.om

Job Type: Full-time