Finance Manager

Job Description

About the Job:

An opportunity has arisen for a Finance Manager position to join Jumeirah Mallorca. The main duties and responsibilities of this role are:

Oversee cash flow, cash forecasting, and fixed deposit placements to ensure optimal liquidity and return on funds.
Manage banking relationships, credit card arrangements, and payment processes in line with corporate finance policies.
Ensure compliance with financial directives, loan covenants, tax regulations, and insurance requirements through regular monitoring and reporting.
Coordinate treasury activities including cash positions, loans, and financial instruments, and report to senior management and relevant stakeholders.
Handle annual insurance renewals, claims, and broker communications to secure adequate coverage and mitigate risks.
Collaborate with corporate finance on budgeting, financial planning, and group-level projects to support strategic business objectives.

-About you:
The ideal candidate for this position will have the following experience and qualifications:

Bachelor’s degree in Finance, Accounting, or related field.
Minimum of 5 years’ experience in hotel finance, with at least 2 years in a leadership or managerial role.
Strong understanding of hotel financial operations, including budgeting, forecasting, cash flow management, and financial reporting.
Proven experience in managing banking relationships, treasury operations, and insurance policies. Solid knowledge of local tax regulations, VAT compliance, and financial audit processes.
Fluency in English is required.

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