Financial Controller

Main Responsibilities

The primary function of the Financial Controller is to monitor all finance related matters including system for the property.

• To ensure that each section in Finance is managed successfully as independent cost center.
• Full set of accounting
• To set, in close conjunction with each departmental outlets, Annual Operating Targets, this will form part of the Hotel’s Annual Business Plan.
• To monitor all costs and recommend measures to control them. To establish an integrated cost management plan through product lining, minimal inventories, and joint procurement with sister hotels and Delivery on Demand where possible.

Operational

• Supervise and manage the daily work of the Finance department.
• Ensure and be responsible for the accuracy and propriety of all charges and credits to the various accounts and that they are properly recorded in the books on a timely basis.
• Ensure that all balance sheet transactions are accounted for documented and properly reconciled and the accounting records comply with local laws and regulations.
• Review weekly bank reconciliation / monthly balance sheet reconciliation / analyses. Ensure the month end closing process is completed and the timely preparation of all required financial reports for review by the General Manager.
• Ensure the accuracy and prompt monthly and year-end closing of the books of accounts. Ensure that policies and procedures are in compliance with Finance Standard Practice Instructions.
• Assist in the completion of forecasts and budgets as instructed.
• Prepare monthly financial reports and schedules as directed, required by management and owners.
• Assist and coordinate the internal and external audit process.
• Ensure the hotel follows the government tax regulations and submit tax on time.
• Represent and liaise with all government authorities in regard to local tax matters, Price Control Bureau, foreign exchange, banks, pensions, etc.
• Liaise with local insurance companies regarding issues pertaining to local insurance coverage / issues.
• Be familiar and keep up to date with, all policies of the hotel.
• Hands on and take an active role in daily activities within the department, ensuring that all work is up to date and assist team members / other departments where required.
• Assist the General Manager in providing commercial and financial information to assist in any decision-making process.
• Carry out any other reasonable duties and responsibilities as assigned.

Job Type: Full-time

Benefits:

• Professional development