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About Finance & Accounting Jobs
Finance & Accounting handles the financial operations of hospitality properties. Roles include financial controllers, accounts payable/receivable clerks, cost controllers, purchasing managers, and credit managers. Knowledge of hospitality PMS systems and uniform accounting standards (USALI) is often required.
Frequently Asked Questions
What accounting standards are used in hotels?
The Uniform System of Accounts for the Lodging Industry (USALI) is the international standard. Knowledge of USALI alongside IFRS and local Cyprus tax regulations is highly valued for controller-level roles.
What software should I know?
PMS financial modules (Opera, Protel), enterprise accounting software (SAP, Oracle), cost control tools, and Excel at an advanced level. Familiarity with procurement platforms and payroll systems is also beneficial.
Is hotel finance a good career path?
Excellent — financial controllers and directors of finance are among the highest-paid hotel executives. The path typically runs: accounts clerk → income auditor → assistant financial controller → financial controller → director of finance.