Egy Finance Jobs | Finance Manager- Hospitality Sector

Full Time 2 weeks ago

Finance Manager- Hospitality Sector

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Job Details

Experience Needed:

5 to 8 Years

Career Level:

Experienced

Education Level:

Bachelor's degree

Salary:

N/A

Job Category:

Financial Accounting

Skills And Tools:

Financial Analysis
Financial statements preparation
Financial Reporting
Internal Control
Budgeting
Accounts Receivable
Accounts Payable
Bank Reconciliation
Balance Sheet
Cash flow
Communication
Leadership
Team management
Accounting Standards
Forecasting
Certified Public Accountant (CPA)
Certified Management Accountant (CMA)
The Association of Chartered Certified Accountants (ACCA)
Contribute to month-end close and monthly P&L.
Cost Control
cash flow reports
Compliance

Job Exerpt

Finance Manager- Hospitality Sector 5–8 years of progressive finance/accounting experience

Job Description

Financial Management & Reporting Oversee preparation of monthly, quarterly, and annual financial statements in compliance with accounting standards. Analyze financial performance and provide insights and recommendations to senior management. Prepare management reports, P&L statements, balance sheets, and cash flow reports. Budgeting & Forecasting Lead the annual budgeting and monthly forecasting processes. Work with department heads (e.g., F&B, Rooms, Spa) to develop accurate revenue and expense forecasts. Monitor actual performance against budget and investigate variances. Cost Control & Profitability Review department-level expenditures and identify areas for cost savings and efficiency improvements. Support pricing strategy, inventory control, and procurement processes to optimize profitability. Cash Flow & Working Capital Manage daily cash flow and ensure timely payments to suppliers and staff. Oversee accounts receivable/payable, payroll, and bank reconciliations. Maintain optimal working capital by managing collections and expense cycles. Internal Controls & Compliance Implement and maintain financial controls to safeguard company assets. Ensure compliance with tax laws, hospitality regulations, and internal policies. Support external and internal audits and coordinate necessary documentation. Team Management Lead and mentor finance staff, ensuring professional development and adherence to timelines. Coordinate with HR and department heads for payroll and benefits reconciliation.

Job Requirements

Education: Bachelor’s degree in accounting, Finance, or related field (required) Professional certification (e.g., CPA, ACCA, CMA) is a plus Experience: 5–8 years of progressive finance/accounting experience, with at least 2 years in the hospitality industry. Experience working with hotel finance systems . Skills: Strong knowledge of hotel-specific financial practices. Excellent communication and leadership skills

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About Maxim Investment Group

Investment Management

Cairo, Egypt• 101-1000employees

Founded in 1980 by Mr. Wagdy Karrar, Maxim Investment Group has established itself as a leading investment entity in Egypt and the Middle East. Renowned for its innovative approach and dedication to excellence, the group operates across diverse sectors including real estate, hospitality, commercial centers, medical, industrial, aviation, education, services, retail, and trading. This broad spectrum of involvement reflects Maxim’s commitment to addressing the evolving needs of the region, enhancing its reputation as a pioneer in both investment and sustainable growth. Maxim Investment Group envisions itself as a leader in the investment market, striving to deliver world-class integrated projects through strategic partnerships with government entities and the private sector. By fostering impactful public private partnerships, the group aims to contribute significantly to Egypt’s economic development. Maxim is dedicated to creating a dynamic portfolio of innovative projects that not only affirm its leadership position but also advance the sustainable progress of the nation. The mission of Maxim Investment Group is to cultivate a strategically diversified and sustainable investment portfolio that supports nation building while being mindful of environmental, economic, and social responsibilities. Under the leadership of Dr. Mohamed Karrar, the Group Chairman and CEO, Maxim has become one of Egypt’s most diversified privately held investment firms. Dr. Karrar’s vision focuses on high standards of quality, integrity, and value in all operations, overseeing the acquisition, financing, and management of an extensive portfolio. With over 25 years of experience, Dr. Karrar has earned a reputation for effectively navigating investments across various industries. He has successfully structured investments worth over EGP 100 billion into more than 50 projects, demonstrating his ability to identify and develop lucrative opportunities.

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