PRIMARY OBJECTIVE OF POSITION

The Financial Controller is responsible for all hotel accounting and financial controls under the supervision of the HOF, within the policies and procedures as outlined, according to Corporate policies and procedures, and according to local requirements and regulations. In addition, the job incumbent controls the overall hotel costs by managing the purchasing function. The function should be proactive, analyzing, and recommending alternative action in every respect, and operate in line with hotel and corporate policies and guidelines, and the hotel's business plan.

TASKS, DUTIES AND RESPONSIBILITIES -

RESPONSIBLE FOR ACCOUNTING, PROCUREMENT AND 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

- Preparation, maintenance and management of Budgets for all operating hotels

- Responsible for MIS and Reporting with a thorough and detailed analysis of variances against budgets for all operating hotels

- Timely presentation of final accounts on a monthly basis as per internal guidelines and timelines

- 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 analyzes, interpretations and projections to management as required

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

- Performs duties as required by HOF in respect of controls

- 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 programme, and manage 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 rules, laws and regulations

- Reviews prices and recommends changes to the HOF

- 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 organizations in order to extend personal development and general awareness within the profession

- 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

- Handle internal and external audits. Ensure governance and adherence to internal polices and processes

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