Finance Manager

Kuwait Jobs · kuwait , Kuwait

A B2B hotel wholesale company is hiring an experienced finance lead to own the full finance function of a high-volume, multi-currency business that buys hotel inventory from suppliers and sells it to travel agents, tour operators and OTAs. The role is based in Cairo, Egypt (full-time, on-site) and leads a team of accountants, AP/AR and credit control staff. Key Responsibilities: Financial Reporting & Control - Lead month-end and year-end close, delivering management accounts within 7 working days - Prepare the P&L, balance sheet and cash flow statements in line with IFRS - Report booking-level margin by supplier, client, destination and channel - Design and enforce internal controls, approval matrices and finance policies Supplier Payables (Hotels, DMCs, Bed Banks) - Manage multi-currency payments to hotel chains, DMCs and third-party suppliers - Oversee supplier prepayments, deposits, guarantees and payment terms - Reconcile supplier statements against bookings, cancellations and amendments - Control virtual card (VCC) payments and resolve rate or invoice disputes Client Receivables & Credit Control - Set and review credit limits for travel agents, tour operators and OTAs - Manage deposits, bank guarantees and prepaid wallet balances - Drive collections, keep DSO within target and minimise bad debt - Monitor non-refundable booking exposure and agent credit risk daily Treasury, Cash Flow & FX - Prepare weekly cash flow forecasts and manage the gap between collections and supplier payments - Manage multi-currency bank accounts, payment gateways and card settlements - Monitor FX exposure and recommend hedging or pricing actions - Maintain strong relationships with banks and payment providers Budgeting & Business Partnering - Lead the annual budget and rolling forecasts - Analyse markup, supplier performance and client profitability - Support contracting and sales teams on pricing, terms and new market entry Compliance, Tax & Audit - Ensure compliance with local and GCC tax regulations, including VAT where applicable - Coordinate external audits and act as the main contact for auditors - Support reviews of supplier and client agreements Systems & Team - Manage and optimise SAP for accounting, reporting and controls - Own the integration between the booking engine/XML platform and SAP - Automate reconciliations and reporting to scale with booking volume - Lead, train and develop the finance team Requirements: - Bachelor's degree in Accounting, Finance or a related field - 10+ years of progressive finance experience, including at least 5 years in a managerial role - At least 5 years in B2B travel wholesale, bed banks, hotel distribution, DMCs or tour operations - Strong hands-on SAP experience (SAP FI/CO or S/4HANA), including reporting, reconciliations and month-end close - Proven experience with supplier and agent reconciliations, VCC payments, credit control and multi-currency accounting - Strong knowledge of IFRS and GCC tax and regulatory requirements - Advanced Excel skills Preferred: - Professional certification: CPA, CMA, ACCA or CFA - Experience integrating XML/API booking platforms with SAP or other finance systems - GCC experience, ideally in Kuwait or Saudi Arabia - Experience building or scaling a finance function in a fast-growing company - Fluent English; Arabic is an advantage Core Skills: - Deep understanding of bed bank economics: net rates, markups, cancellations, no-shows and non-refundable risk - Strong analytical skills and attention to detail - Able to perform under pressure with high transaction volumes and tight deadlines - Clear communication with management, suppliers, clients and banks - Proven leadership, integrity and confidentiality Key Performance Indicators: - Month-end close within 7 working days - DSO and overdue receivables - Bad debt ratio - Supplier payment accuracy and timeliness - Gross margin per booking - Cash flow forecast accuracy - Clean external audit results Salary & Benefits: - Competitive salary and performance-based bonus - Leadership role in a growing B2B travel business - Health insurance and annual leave per company policy - Exposure to group-level finance across travel and tourism entities How to Apply: Send your CV and a short cover letter highlighting your travel wholesale and SAP experience to 66603693 or hrhassan623@gmail.com.