Financial Controller

Detailed Roles & Responsibilities

Accounting & Financial Control:

Maximizes cash flow performance of the hotel through controls on inventory, credit and collection, disbursements, deposits and remittances;

Act as hotel’s credit manager;

Enforces, documents and establishes adequate controls for all revenues and expenses and protection of assets, and ensures controls will satisfy or improve the level of guest service;

Maintains accurate and timely financial and operating information and provides analysis, interpretations and projections to management as required;

Conducts monthly inspections and tests to ensure all departments are complying with required procedures;

Follows up on all capital expenditures to ensure compliance with original justification and approval;

Assists and provides financial guidance in the formulation and implementation of the business plan, hotel and departmental budgets and objectives, develops and manages relevant budgets appropriately;

Provides proactive administrative support to management with reference to policy enforcement, business advice and operational assistance;

Obtains appropriate legal counsel regarding the business practices of the hotel, and maintains awareness of local taxation rules, laws and regulations;

Reviews prices and recommends changes to the General Manager;

Implements and maintains acceptable accounting practices and procedures as required by corporate policies and procedures, generally accepted accounting practices, and those affected by local conditions;

Participates in locally recognized professional and industry organisations in order to extend personal development and general awareness within the role;

Maintains professional, proactive and technical competence in own field;

Provides safekeeping, including proper storage and access for all contracts, leases and other financial records;

Recommends and maintains appropriate list of delegation of authority for hotel management;

Performs related duties and special projects as assigned and required.

Receiving and Storeroom Functions:

Directs and manages the purchasing and storeroom functions with its employees;

Utilises leadership skills and motivation to maximize employee productivity and satisfaction;

Monitors hotel’s overall service and team work daily, and makes recommendations for improvement to Department Heads;

Selects and develops strategies to improve guest service and efficiency as relates with required expenses and new initiatives.

Laws, Regulations & Policies:

Follows all applicable laws, especially in accounting policies, procedures and guidelines;

Conducts all work according to guidelines in accounting practice and local laws.