Assistant Manager Finance

We are looking for a highly experienced and results-driven Assistant Finance Manager with 6–9 years of overall finance and accounting experience , including a minimum of 3 years of experience within the travel, tourism, hospitality, or related industry .

The ideal candidate will have a strong background in financial management, accounting operations, budgeting, financial reporting, cash-flow management, internal controls, and team leadership . The candidate should be capable of independently managing key finance functions while supporting the Finance Manager and senior management in financial planning and business decision-making.

A strong leadership and people-management background is essential, along with the ability to lead finance teams, improve processes, maintain financial discipline, and ensure compliance with applicable accounting standards and company policies.

Key Responsibilities

• Assist the Finance Manager in managing the overall finance and accounting functions.
• Prepare and review monthly, quarterly, and annual financial statements and management reports.
• Monitor revenue, expenses, profitability, cash flow, receivables, and payables.
• Analyze financial performance and provide meaningful insights to management.
• Support management with financial forecasts, budgeting, and business planning.
• Prepare financial analysis, variance reports, and performance dashboards.
• Ensure accurate and timely month-end and year-end closing activities.

Travel Industry Finance

• Manage and monitor financial transactions related to travel and tourism operations , including ticketing, hotel bookings, packages, commissions, supplier settlements, and other travel-related revenue streams.
• Monitor receivables from corporate and individual clients and ensure timely collections.
• Review supplier/vendor balances and ensure accurate and timely settlements.
• Monitor travel agency commissions, incentives, refunds, credit notes, and related financial transactions.
• Reconcile transactions with airlines, hotels, travel suppliers, and other business partners.
• Ensure proper accounting treatment for travel-related transactions.

Budgeting & Cost Control

• Assist in preparing annual budgets, forecasts, and financial plans.
• Monitor departmental and business-unit expenditure against approved budgets.
• Identify cost-control opportunities and recommend corrective actions.
• Conduct variance analysis and communicate significant deviations to management.
• Support management in evaluating the financial impact of new business initiatives.
• Lead, supervise, and mentor the finance and accounting team.
• Allocate responsibilities and ensure timely completion of finance activities.
• Review team performance and provide coaching and guidance.
• Establish clear performance expectations and promote accountability.
• Support recruitment, onboarding, training, and development of finance team members.
• Develop a collaborative and high-performance finance culture.
• Take ownership of resolving operational and accounting issues within the team.

Internal Controls & Compliance

• Maintain effective internal financial controls and ensure adherence to company policies.
• Identify financial risks and recommend appropriate control measures.
• Ensure compliance with applicable accounting standards, tax requirements, and regulatory requirements.
• Coordinate with internal and external auditors and provide required financial documentation.
• Review financial processes periodically and recommend improvements.
• Monitor daily cash flow and liquidity requirements.
• Oversee accounts receivable and accounts payable activities.
• Follow up on outstanding receivables and support collection strategies.
• Ensure timely supplier payments while maintaining appropriate cash-flow controls.
• Monitor bank balances and perform regular bank reconciliations.

Process Improvement

• Identify gaps and inefficiencies within finance processes.
• Implement improvements to accounting procedures, reporting systems, and financial controls.
• Support automation and digitalization of finance processes.
• Ensure accurate maintenance of accounting records and documentation.
• Work closely with other departments to improve financial processes and reporting.

Key Leadership Expectations

The successful candidate should demonstrate:

• Strong people leadership and team-management skills .
• Ability to take ownership of finance operations and make sound decisions.
• Strong analytical and problem-solving ca