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CHIEF FINANCIAL OFFICER

Our client, a multi million dollar fund and asset management organization seeks the services of a well versed, and well qualified Chief Financial Officer (CFO).  Reporting to the Chief Executive Officer and serving as a member of the execution management team, the Chief Financial Officer is responsible for overseeing the financial operations of the company and facilitating decisions based on the company’s over arching financial strategy.  The CFO provides leadership and effective management to all of the financial operations of the company. 

 

Essential Duties:

  • ·Ensures compliance with organizationally mandated reporting requirements and ensure professional co-operation and

interaction with financial institutions.

  • Serves as a strategic partner of the executive management team with direct responsibility for financial affairs.

  • Leads, organizes and directs the overall financial operations inclusive of timely and accurate financial reporting.

  • Develops and implements accounting policies and procedures that are consistent and compliant with International Financial Reporting Standards (IFRS).

  • Responsible for developing, implementing and enforcing financial policies and procedures that will improve the organization’s overall operation and efficiency.

  • Leads in the development of an environment that enhances and embraces internal controls, based on approved corporate governance policies.

  • Champions globally accepted accounting, finance and financial reporting standards in the execution of daily duties.

  • Participate in the development of plans and programs as a strategic partner.

  • Maintain systems to ensure that all financial transactions are processed in an accurate and timely manner.

  • Provides leadership to the organization wide process of budget development and preparation.

  • Leads analysis of financial reports and tracks trends in accordance with globally accepted best practices

  • Lead the timely completion of the annual financial statement audit process and submission of the financial statements for approval.

  • Ensures that a high level of transparency is maintained in all aspects of the finance and procurement operations. 

  • Provide technical financial knowledge and advice on all financial matters.

 

Minimum Qualifications:

  • Bachelor’s Degree in Accounting or Finance and Professional designation in accounting (CPA, CMA or CGMA)

  • Member in good standing with Bahamas Institute of Chartered Accountants (BICA).

  • At least five years’ experience in a senior financial leadership role or executive management.

  • At least 10 years’ experience managing a diverse financial operation.

  • Demonstrated experience in the provision of high-level financial advice on key business issues.

  • Proven leadership and people management skills.

  • Robust knowledge of International Financial Reporting Standards.

  • Demonstrated ability to work cooperatively and collaboratively with senior management and external partners.

 

EMAIL:  info@principalsolutionsltd.com

 

RE: CHIEF FINANCIAL OFFICER

DEADLINE:  JUNE 3, 2022

ONLY SHORTLISTED CANDIDATES WILL BE CONTACTED

[Contacted candidates will be handled with the greatest discretion]

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COST CONTROLLER

Our client, an internationally acclaimed luxury leader in the leisure and hospitality industry seeks to engage the services of a Cost Controller.  The ideal candidate will work closely with the Financial Controller and will assume responsibility for the Cost Control department at the Resort thus ensuring full coverage at all times. Experienced Accounting and Finance professionals with extensive experience in the leisure and resort industry are encouraged to apply.

 

Essential Duties

  • To minimize cost inefficiencies in all areas of the hotel’s operations.

  • To provide timely and accurate reports for Department Heads and the Corporate Office and create new more efficient and effective ways of reporting.

  • Constantly review systems to ensure the integrity of the controls in place and improve upon them.

  • Schedule, coordinate, and participate in all storerooms including retail, project inventory counts etc.

  • Participate in monthly circulatory inventory counts and tests numbers being submitted by department heads and follow up monthly to ensure that department heads submit counts on time.

  • Review slow-moving inventory weekly with the respective department heads to effectively manage inventory items in this category.  

  • Ensure that all inbound and outbound inventory is charged to the correct outlet and charge account.

  • Ensure that all inbound inventory is assigned to the correct sub-inventory and ensure that any deviation is immediately corrected.

  • Monitor the goods in transit, inventory clearing, and price variance accounts daily and ensures that they are cleared weekly.

  • Periodically check sales orders to ensure that quantity issued is the quantity that was charged from inventory.

  • Ensure that the end-of-day process is completed daily and that all incomplete requisitions are processed or deleted weekly.

  • Monitor receiving of fuel to ensure that all controls are adhered to.

  • Provide feedback and corrective action to the staff directly involved in the inventory management process.

  • Monitor the receiving function at the resort, conduct periodic spot checks and carry out the functions as the need arise.

  • General understanding of accounting practices and principles.

  • Ability to maintain a high level of accuracy in preparing and entering financial information.

  • Knowledge of finance, budgeting, and cost control principles.

  • Knowledge of financial and banking regulations.

  • Ability to maintain confidentiality concerning financial files.

Qualifications

  • Tertiary level education and designation such as ACCA Level One; CAT, or College/University Diploma.

  • Computer Literate – solid knowledge of spreadsheet applications specific to Microsoft excel.

  • General understanding of accounting practices and principles.

  • Knowledge of finance, budgeting, and cost control principles.

  • Knowledge of financial and banking regulations.

  • At least three (3) years experience in a similar position.

  • Experience with software such as SAP, Oracle, Microsoft Dynamics would be an asset.

  • Professional development in leadership programs would be an asset

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EMAIL:  info@principalsolutionsltd.com

RE: COST CONTROLER

DEADLINE:  JUNE 1, 2022

ONLY SHORTLISTED CANDIDATES WILL BE CONTACTED

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EXECUTIVE HOUSEKEEPER

Our client, an internationally acclaimed luxury leader in the leisure and hospitality industry seeks to engage the services of an Executive Housekeeper.  The ideal candidate will provide leadership and support to the Housekeeping Department.  Experienced Housekeeping or Front Office professionals with extensive experience in the leisure and resort industry are encouraged to apply.

 

Essential Duties

  • Coaches, mentors, and supervises personnel within the Housekeeping Department with a view to extract exceptional performance

  • Coordinates with the Maintenance and Front Office Manager regarding projects, preventative maintenance, and other jobs

  • Accountable for maintaining uncompromising quality standards in butler suites

  • Supervises and coordinates the activities of Supervisors and Quality Floor Inspectors

  • Inspects public areas, restrooms, and spot checks guest rooms to ensure highest levels of cleanliness and adherence to resort standards

  • Ensures team members are familiar with the resort’s health and safety, fire prevention, hurricane, other natural-disaster, and accident/incident procedures

  • Ensures suites are in ‘perfect’ condition – all guest accessories, guest supplies in place, clean and well maintained

  • Maintains standard operating procedures established by the resort and, where necessary, implements property-specific procedures

  • Ensures that the appropriate cleaning materials – chemicals, supplies and equipment – are used as prescribed, perform to standard and confirm to resort environmental guidelines

  • Maintains control of the linen room, utility rooms, equipment, and supplies, ensuring adequate par levels, cleanliness, and organization

  • Inspects and evaluates cleanliness and physical condition of property.  Submits to Management/Engineering & Maintenance recommendations for painting, repairs, furnishings, and refurbishing

  • Ensures optimum productivity levels are maintained by Room Attendants and other team members by approving, analyzing, and updating work schedules according to occupancy and standard allotments

  • Ensures expenses are within budget by maintaining rigorous controls on labor cost, linen, guest, and cleaning supplies.  Analyses consumption ratios to guide issuance

 

Required Qualifications:

  • First Degree or diploma in Hotel Management

  • Minimum of three (3) years’ progressive experience in Housekeeping /Front Office operations

  • Knowledge of budget planning and control, cleaning methods, chemicals and their applications, laundry operations, Employee Relations and conflict resolution

  • Must be high energy, positive and have exceptional interpersonal skills

  • Exceptionally skilled in verbal and written communications

  • Must be proficient in most MS Office applications and demonstrates capacity to learn new systems

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EMAIL:  info@principalsolutionsltd.com

RE: EXECUTIVE HOUSEKEEPER

DEADLINE:  JUNE 1, 2022

ONLY SHORTLISTED CANDIDATES WILL BE CONTACTED

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