Head of Finance
Location: Maitama, Abuja (FCT)
Employment Type: Full-time
Main Functions
- The Head of Finance is responsible for overseeing the overall financial management and accounting operations of the hotel to ensure financial stability, profitability, compliance, and operational efficiency
- The role provides strategic financial leadership through budgeting, financial planning, reporting, internal controls, revenue monitoring, and cost management in line with hospitality industry standards.
- The ideal candidate must possess strong financial expertise, leadership capabilities, analytical skills, and extensive experience in hotel or hospitality finance operations.
Role Responsibilities
Financial Strategy and Management:
- Provide strategic financial leadership and support to hotel management.
- Develop and implement financial strategies aligned with organizational objectives.
- Advise management on financial planning, investment opportunities, and operational performance.
- Support business growth through sound financial analysis and recommendations.
Financial Reporting and Analysis:
- Oversee preparation of daily, weekly, monthly, and annual financial reports.
- Ensure timely preparation of profit and loss statements, balance sheets, and cash flow reports.
- Analyze financial performance and provide actionable insights to management.
- Monitor financial KPIs including revenue, occupancy performance, ADR, RevPAR, GOP, and operational costs.
Budgeting and Forecasting:
- Lead annual budgeting and financial forecasting processes.
- Monitor departmental budgets and ensure adherence to approved financial plans.
- Analyze variances between actual and budgeted figures and recommend corrective actions.
- Support departmental heads in financial planning and cost optimization.
Revenue and Cost Control:
Monitor hotel revenue streams including rooms, food & beverage, events, and other services.
- Implement effective cost-control measures without compromising service quality.
- Oversee inventory cost monitoring and operational expense management.
- Ensure proper financial controls are in place to minimize waste, fraud, and losses.
Accounting Operations:
- Oversee all accounting functions including accounts payable, receivable, payroll, taxation, and reconciliations.
- Ensure accurate recording of financial transactions and proper maintenance of accounting records.
- Supervise bank reconciliations, cash management, and financial documentation.
- Ensure compliance with accounting standards and statutory requirements.
Internal Controls and Compliance:
- Develop and maintain strong internal control systems.
- Ensure compliance with tax regulations, financial policies, and hospitality industry standards.
- Coordinate internal and external audits and implement audit recommendations.
- Maintain confidentiality and integrity of all financial information.
- Team Leadership and Development:
- Lead and supervise the finance and accounting team.
- Provide training, mentorship, and performance management for finance staff.
- Promote accountability, professionalism, and continuous improvement within the department.
Cash Flow and Treasury Management:
- Monitor cash flow, liquidity, and working capital requirements.
- Ensure effective management of hotel funds and financial resources.
- Oversee banking relationships and financial transactions.
Procurement and Asset Oversight:
- Monitor procurement processes to ensure financial compliance and cost efficiency.
- Support inventory and asset management procedures.
- Ensure proper tracking and depreciation of hotel assets.
Reporting and Stakeholder Engagement:
- Prepare financial presentations and reports for executive management and stakeholders.
- Provide financial insights to support strategic decision-making.
- Liaise with regulatory bodies, auditors, financial institutions, and tax authorities where necessary.
Experience / Qualification
- Bachelor’s Degree or HND in Accounting, Finance, Economics, or related discipline
- Professional certification such as ICAN, ACCA, ANAN, or equivalent is required
- Master’s degree in Finance, Accounting, or Business Administration is an added advantage
- 8 - 12 years experience in finance or accounting, with at least 4–6 years in a senior finance management role within the hospitality industry
- Strong knowledge of hotel financial operations, budgeting, revenue management, and internal controls
- Experience with hospitality accounting systems and ERP software is highly desirable.
Competencies / Skills:
- Strong financial management and accounting expertise
- Advanced analytical and reporting skills
- Budgeting, forecasting, and cost-control abilities
- Knowledge of hospitality financial operations and revenue management
- Leadership and team management skills
- Proficiency in accounting software and Microsoft Excel
- Strong communication and presentation skills
Behavioural Qualities / Other Competences:
- High level of integrity and confidentiality
- Strategic and results-oriented mindset
- Strong attention to detail and accuracy
- Professional and accountable
- Ability to work under pressure and meet deadlines
- Strong problem-solving and decision-making abilities.
Application Closing Date
11th June, 2026.
Method of Application
Interested and qualified candidates should forward their CVs and cover letter to: recruitment@domeoresources.org using "Head of Finance - Maitama" as the subject of the mail.
Note: Only shortlisted candidates will be contacted.