Director of Finance & Supply

Director of Finance & Supply

Job by Golden Tulip Addis Ababa Hotel

Category: Director of Finance & Supply  

Location: Addis Ababa 

Career Level:  Top Lever

Employment Type: Full time

Salary: As per the organization scale

Position Summary

The Director of Finance & Supply is responsible for leading and managing the hotel’s financial operations, supply chain, budgeting, procurement, cost control, and compliance. This role ensures financial accuracy, operational efficiency, cost effectiveness, and full alignment with brand standards and local regulations. The position acts as a strategic business partner to the General Manager.

Job Description

Golden Tulip Addis Ababa Hotel is a Five Star Upscale Hotel, part of international Hotel Chain, located in an expansive ground in a strategic location from International Airport, is looking for qualified candidates for the Director of Finance & Supply vacant position.

Major Duties and Responsibilities: -

A. Financial Management

• Oversee daily accounting operations including accounts payable, receivable, general ledger, payroll, and cash flow management.
• Ensure accurate and timely preparation of financial statements, monthly P&L, balance sheets, and management reports.
• Monitor hotel performance against budgets, forecasts, and KPIs; provide variance analysis and recommendations.
• Ensure compliance with local tax laws, statutory reporting, brand financial policies, and audit requirements.
• Manage internal and external audits; implement corrective actions.
• Maintain strong internal controls to safeguard assets and prevent risk or fraud.

B. Budgeting & Forecasting

• Lead the annual budgeting process in coordination with all departments.
• Prepare monthly/quarterly forecasting and financial planning.
• Advise the General Manager and Executive Committee on financial trends, business risks, and opportunities.

C. Supply Chain & Procurement Management

• Oversee all purchasing activities to ensure quality, cost-effective, and timely procurement of goods and services.
• Ensure compliance with purchasing procedures, vendor selection, and contract management.
• Evaluate supplier performance, negotiate contracts, and control purchasing spend.
• Ensure that all items purchased meet brand standards and health/safety requirements.

D. Cost Control & Inventory Management

• Lead the cost control team to ensure optimal cost levels across F&B, Operations, and Supplies.
• Oversee monthly inventory counts, stock verification, and reconciliation of variances.
• Analyze consumption trends and prevent wastage, pilferage, and overstocking.
• Ensure accurate item coding, par levels, issuing procedures, and store management.

E. Strategic Support & Leadership

• Provide financial insights for business planning, pricing, revenue strategies, and investment decisions.
• Participate in Executive Committee meetings; guide departmental heads on budget discipline.
• Train, develop, and mentor Finance & Supply teams.
• Drive system improvements, digitalization, and efficiency initiatives.

F. Risk Management & Compliance

• Ensure compliance with brand policies, financial regulations, tax laws, procurement standards, and labor rules.
• Implement and monitor internal control systems across finance and supply operations.
• Manage insurance portfolios, asset registers, and contract risks.