Financial Operations Manager

Role Summary

A growing travel company is looking for a competent, commercially minded, and responsible Finance Manager to take charge of the company’s finance function.

Location

Colombo 02

Key Responsibilities

• Oversee the full finance and accounting function of the company.
• Act as the custodian of the Finance Division and ensure proper financial controls are maintained.
• Prepare monthly management accounts, financial reports, budget comparisons, cash flow forecasts, and variance analysis.
• Monitor company budgets and ensure expenditure is properly controlled.
• Review marketing expenditure and evaluate whether such spending is aligned with sales performance and business results.
• Regularly advise the Managing Director on financial performance, cost control, cash flow, sales trends, and areas requiring management attention.
• Monitor purchasing costs, supplier pricing, and market trends to ensure the company receives best value.
• Handle treasury management, including cash flow planning, bank balances, fund requirements, payments, collections, and working capital management.
• Ensure effective manpower utilisation by reviewing payroll-related costs and advising management where improvements are required.
• Maintain strict control over receivables, payables, supplier payments, petty cash, and bank reconciliations.
• Ensure all statutory payments, taxes, EPF/ETF, VAT, income tax, and other regulatory obligations are completed on time without penalties.
• Coordinate with auditors, tax consultants, banks, and relevant authorities.
• Maintain proper documentation, internal controls, approval procedures, and financial discipline.
• Support management with budgeting, forecasting, cost-saving initiatives, and business planning.
• Promote a proactive working attitude within the finance function, with the understanding that “tomorrow is not merely an extension of today” and that continuous improvement is essential.

Requirements/Qualifications

• Fully or partly qualified in Accounting, Finance, CA, CIMA, ACCA, AAT, CMA, or equivalent.
• Candidates who are partly qualified but have a minimum of 5 years’ experience in a related field, including experience in a senior finance/accounting position, will be considered.
• Previous experience in the travel, tourism, hospitality, or service industry will be an added advantage.
• Strong knowledge of accounting, taxation, statutory compliance, treasury management, budgeting, and cost control.
• Ability to question figures, analyse business performance, and provide practical recommendations to management.
• Good knowledge of MS Excel and accounting systems.
• High level of integrity, responsibility, accuracy, confidentiality, and professionalism.
• Ability to work independently and take ownership in a small-company environment.

Application Instructions: Interested candidates are invited to send their CV with two non-related referees to slhotelvacancies@gmail.com, mentioning the position applied for in the subject line, within 7 days of this advertisement.