Job Description

The Financial Controller will oversee the financial operations of the hotel, ensuring accuracy, efficiency, and compliance with company policies and regulatory standards. This role involves managing budgeting, forecasting, financial reporting, internal controls, and supporting strategic decision-making to maximize profitability.

Key Responsibilities:

Financial Reporting & Analysis:

Prepare accurate and timely monthly, quarterly, and annual financial statements in accordance with accounting standards. Analyze variances between actual and budgeted figures, providing detailed explanations and actionable insights to hotel management.

Budgeting & Forecasting:

Lead the annual budgeting process, working closely with department heads to develop realistic budgets aligned with business objectives. Regularly update forecasts based on operational performance and market conditions to assist strategic planning.

Cash Flow Management:

Monitor daily cash flow to ensure sufficient liquidity for operational needs. Optimize working capital by managing receivables, payables, and inventory controls, and recommend strategies to improve cash conversion cycles.

Internal Controls & Compliance:

Design, implement, and maintain robust internal controls to prevent fraud, ensure accuracy, and safeguard hotel assets. Oversee compliance with accounting policies, tax regulations, and corporate governance standards.

Audit Coordination:

Serve as the primary liaison with external auditors during financial audits. Prepare audit schedules, provide required documentation, and address audit queries promptly to facilitate smooth and successful audits.

Financial Policies & Procedures:

Develop and continuously improve financial policies and standard operating procedures tailored to hotel operations. Train finance staff and relevant departments on adherence to these policies.

Cost Control & Expense Management:

Monitor operational costs and identify opportunities for cost reduction without compromising service quality. Collaborate with procurement and operations teams to control expenses and optimize supplier contracts.

Revenue Management Support:

Work alongside the revenue management team to review pricing strategies and revenue streams. Analyze financial performance data to support initiatives aimed at maximizing profitability.

Team Leadership & Development:

Lead, mentor, and develop the finance team, ensuring high performance, accountability, and professional growth. Assign tasks effectively and conduct regular performance reviews.

Cross-Department Collaboration:

Partner with various hotel departments (e.g., operations, sales, marketing) to provide financial insights that support decision-making and operational improvements. Promote financial awareness throughout the hotel.

Regulatory Reporting & Taxation:

Ensure timely submission of all statutory financial reports and tax filings in compliance with local laws. Liaise with tax consultants to optimize tax planning and minimize liabilities.

Systems & Technology:

Oversee the implementation and maintenance of accounting and financial management systems. Recommend upgrades or new technology to improve reporting accuracy and efficiency.

Job Type: Full-time

Pay: RM15,000.00 - RM17,000.00 per month

Benefits:

Additional leave Dental insurance Health insurance Maternity leave Meal provided Opportunities for promotion Parental leave Professional development
Work Location: In person