FINANCE & ACCOUNTING

AND MUCH MORE...

The finance department in a hotel has the role of tracking the cost of running the hotel and making sure that the revenue makes a profit. Eventhough hosting guests and creating memorable experiences is our main goal, the finance department is at the centre of our business, it is a profit-driven business after all.

There are several functions in the finance team of hotels, each serving a different purpose in hotel financial management. Whilst some of these may overlap, they include: financial accounting, cost accounting, tax accounting, auditing and managerial accounting. The finance department in our hotels is technology driven but your role as a specialist can not be missed. financial accounting involves recording and reporting financial transactions, i.e. revenue, expense and profit. It also includes calculating assets, liabilities and owners’ equity. Such data is necessary to grasp the operational state of hotels, i.e. it generates the information needed for decision making. Do you have an eye for detail and is finance your passion? Take a look at the open vacancies!