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Head Of Finance
Cinnamon Lakeside Colombo
Colombo

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Head Of Finance vacancies at Cinnamon Lakeside Colombo
 
Applications are invited for all candidates to fill the Head Of Finance Job Opening at Cinnamon Lakeside Colombo
Closing Date : 25/05/2021
 
Head of Finance – Cinnamon Lakeside Colombo
 
We currently have an exciting opportunity for a Head of Finance to join Cinnamon Lakeside Colombo. Cinnamon Hotels & Resorts is Sri Lanka’s largest Hotel owner with a portfolio of 15 Hotels and Resorts in both Sri Lanka and the Maldives. Adding to its portfolio, the much-anticipated project valued at 1 Billion USD - Cinnamon Life Integrated Resort, will be opening soon. Cinnamon Hotels & Resorts is a member of John Keells Holdings PLC, the largest listed conglomerate in Sri Lanka
 
Reporting to the General Manager, The Head of Finance, will Evaluate the business environment, analyze trends, and discuss business needs, and present financial proposals to management to determine functional objectives are in order to arrive at a robust strategic plan. This role will analyze the monthly position of actual results against budget and assist and provide financial guidance in the formulation and implementation of the hotel budget and planned CAPEX. You will guide the management of accounting records and financial reporting of a public listed company and its subsidiaries whilst ensuring compliance to accounting standards. The position will overlook the accounts receivable and credit-granting activities, bill collection, and consistent adherence to the credit policy and ensure the hotel achieves the desired credit target and maximum performance. To identify critical issues, you will evaluate existing internal control measures that apply to accounting procedures and computer systems as per established policies and  procedures and institutionalize preventive controls. This role will ensure the highest performance standards are maintained of procurement activities which includes supplier quality, performance, buyer activity levels, performance of internal order placement, maintain cost, and maintain stock levels to ensure healthy purchasing practice and store operation. You will foresee the risks involved before investment decisions to ensure that all financial risks are identified and managed satisfactorily to ensure the protection of hotel assets. Furthermore, the role will ensure the periodic internal audits and reviews are carried out to ensure the compliance requirements are followed and the efficiency of controls are improved continuously. Further responsibilities include managing cash flow and treasury, legal and tax compliance.

Do you possess strong financial knowledge with excellent financial and business decision-making skills? Are you a member of a professional accounting body such as CA Sri Lanka, CIMA, or ACCA? Does your expertise involve financial analysis and forecasting? Do you have an analytical mind and excellent negotiation skills and the ability to maintain good relationships with internal and external stakeholders? Do you have 8-10 years of financial and management experience in an up-scale hospitality environment? Do you have the passion to develop a winning and high-performing team? If this is you, we would love to hear from you and possibly be the next member of our dynamic Cinnamon family!
 
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