Role Summary
Manage all accounting operations including billing, accounts receivable, accounts payable, general ledger and counsel, cost accounting, inventory accounting and revenue recognition. Coordinate and direct preparation of the budget and financial forecasts and report variances.
Job Requirements
- Assists and provides financial guidance in the formulation and implementation of the Strategic Plan, Budget and Goals Program
- Maximizes cash flow performance of the hotel through controls on inventory, credit and collection, disbursements and remittances. Maintain accurate cash flow forecasts for at least one year ahead, and ensure adequate notice is given to Owners/senior leadership team.
- Maximises cost effectiveness, profitability of the hotel by managing the Finances through planning and controlling of revenue, costs, payroll and expenses.
- Maintains accurate and timely financial reports and operating information and provides analysis interpretations and projections to management as required.
- Provides safekeeping, including proper storage and access for all contracts, leases and other financial records.
- Follows up on all capital expenditures to ensure compliance with original justification and approval.
- Responsible for creating internal control and audits for the different departments and for achieving annual finance audit targets.
- Oversee the procurement procedures for the Hotel, following corporate and budgetary guidelines, ensuring proper par and inventory controls, purchase order and invoicing processes are in place.
Job Requirements
- Degree in Accounting / Finance or related fields. Accounting accreditations will be advantageous.
- Minimum of 8 years of relevant working experience in Finance Operations within the Hospitality industry.
- Good finance, accounting and analytical skills, including experience with cash management, forecasting, revenue management strategies, capital expenditure planning and budgeting, and project management.
- Knowledge in generally accepted finance and accounting policies, principles and controls.
- Possess qualitative and quantitative analytical skills and able to take large volumes of complex information.
- Able to adapt in a fast-moving environment and comfortable in managing a team.
- Possess excellent interpersonal and communication skills.
Andy, Wee Ben Ann License No.: 02C3423 Personnel Registration No.: R1552080
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