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Director Of Finance

at OZO Colombo

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It's Great To Be Yourself @ OZO
OZO Colombo Sri Lanka

A great night's sleep, a power shower and a breakfast to grab on the go - that's what gives our guests a kick start into the day.
And that's why they love OZO!
Consisting of 158 rooms, and located on the Marine Drive, stretching along the Colombo coast, the property offers stunning sea views, along with all day dining and a stylish rooftop swimming pool, restaurant and bar.

The freedom to be yourself, the flexibility to tackle any task and simply happy to serve - that's where our team is different.
And that's why you'll love OZO!

For more information on the OZO brand please visit: http://www.ozohotels.com
The following position awaits you:

Director Of Finance

While reporting directly to the General Manager you will be responsible for:

  • Leading the Finance Department and associated departments such as IT, Purchasing, Stores and Cost Controls.
  • Preparing the annual hotel operational budget and reforecasts.
  • Providing month end closing, P & L and all other required management reports accurately, in a timely manner
  • Full and accurate forecasting and budgeting proposals, financial forecasting and reporting for the hotel operation.
  • Prepare capital reviews as required by the General Manager and/or by the Corporate Finance Team of ONYX Hospitality Group.
  • Complying with ONYX Hospitality Group finance policies and procedures across the area, to maximise performance and efficiency.
  • Developing and implementing financial control procedures and systems; maintaining documents for audits of hotel accounts, ensuring compliance with government regulations, statutes, state and local laws.
  • Preparing financial analysis of hotel operations including variance explanation and making recommendations to ensure the achievement of business goals as per budgets.
  • Ensuring the balance sheets are a fair reflection of the assets and liabilities of the hotel
  • Leading monthly finance update meetings with General Manager and Heads of Departments
  • Reviewing regularly the balance sheets, ensuring reconciliations are performed of
  • all cluster hotels controlled accounts and explaining all balances even if reconciled elsewhere.
  • Assist Heads of the Department to improve their financial awareness and provide them with relevant financial information for the efficient operation of the respective departments
  • Effectively contributing towards all CSR initiatives of the hotel

While experience in Hotel Accounting is mandatory, the successful candidate also has:

  • A Bachelor’s degree in Accounting, Finance or equivalent.
  • Experience as an Assistant Director of Finance or Financial Controller or an equivalent combination of education and work-related experience.
  • Over 5 years experience in hotel accounting.
  • In-depth knowledge and exposure to the most modern financial operating systems in the hospitality industry.
  • Up to date knowledge on all government legislations and statutory requirements relating to finance and business management.
  • A strong commercial acumen, with an exceptional ability to analyse and interpret financial data.
  • Experience in managing budgets, revenue proposals and forecasting results.
  • Strong leadership skills to effectively manage and motivate the team to achieve high levels of performance.
  • The ability to put in long hours while handling complex situations under pressure
  • Strong communication skills with an excellent command of English both written and spoken.

Please note that only shortlisted candidates will be notified.

An attractive compensation package in line with the applicant's experience will be offered to the successful candidate. Please send your written application in English, together with a recent photograph and expected salary by e-mail to:

Country Director Human Resources
OZO Colombo
36-38, Clifford Place
Colombo 4.

E-mail: careers.colombo@ozohotels.com


Valid Until: Sep 05, 2014
Categorized Under:
Hotel Jobs