The Hotel Assistant Financial Controller will support the Financial Controller in overseeing the financial operations of the hotel. This position plays a key role in ensuring financial compliance, providing accurate financial reporting, and assisting with budgeting and forecasting. The ideal candidate will have a strong background in hotel finance and accounting, attention to detail, and the ability to work in a fast-paced, dynamic environment.

Responsibilities

Financial Reporting:

Assist in preparing monthly, quarterly, and annual financial statements.
Support the Financial Controller in the preparation of financial reports, including profit and loss, balance sheet, and cash flow.
Ensure that all financial reports are accurate, complete, and in compliance with local regulations and hotel policies.

Budgeting and Forecasting:

Assist in the preparation of annual budgets and monthly forecasts.
Monitor budget performance, comparing actual results to budgeted figures and highlighting variances.
Provide insights and recommendations to the Financial Controller for cost-saving initiatives and revenue maximization.

Internal Controls:

Support the implementation and monitoring of internal controls to ensure the accuracy and integrity of financial data.
Assist in ensuring that the hotel adheres to financial policies and procedures, and compliance with statutory requirements.
Participate in internal audits and ensure timely follow-up on audit findings.

Accounts Payable/Receivable:

Supervise accounts payable and accounts receivable functions, ensuring timely payments and collections.
Liaise with suppliers and vendors to resolve any discrepancies in invoices or payments.
Assist with the reconciliation of vendor accounts and internal accounts on a monthly basis.

Payroll and Tax Compliance:

Assist with payroll processing and ensure compliance with local tax laws and regulations.
Help prepare and submit monthly tax filings, including VAT/GST, corporate tax, and other statutory requirements.
Provide necessary reports to support tax audits.

Cash Management:

Assist in managing the hotel's cash flow and bank accounts.
Ensure that daily cash balances are monitored and proper procedures are followed for cash handling.
Support the financial team in preparing weekly and monthly cash forecasts.

Financial Analysis:

Conduct financial analysis on hotel performance, highlighting trends, risks, and opportunities.
Prepare ad-hoc financial reports and presentations as requested by senior management.
Assist in analyzing departmental performance to identify opportunities for improvement and cost reduction.

Team Support:

Provide training and support to junior finance team members.
Work closely with other hotel departments to provide financial insights and support business decisions.

Requirements

Bachelor's degree in Accounting, Finance, or a related field. A professional accounting qualification (e.g., CPA, ACCA, CIMA) is an advantage.
Minimum of 2-3 years of experience in a hotel finance or accounting role, preferably in a supervisory or assistant financial controller position.
Strong knowledge of hotel financial operations and accounting principles.
Proficient in financial software and MS Excel (experience with hotel property management systems such as Opera or Micros is a plus).
Excellent attention to detail and accuracy.
Strong organizational and time-management skills.
Good communication skills and ability to work with cross-functional teams.
Knowledge of local tax and regulatory requirements.
Ability to handle sensitive and confidential information with discretion.
Ability to work under pressure and meet deadlines.
Strong problem-solving and analytical skills.

The applicants can submit their applications via our HR email:

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