Finance Controller

Responsibilities
• Managing the accounting records, and financial reports and overseeing the issuance of SBU’s financial reporting.
• Ensure that the books, records, and accounts are maintained accurately and fairly to reflect the transactions and administration of the assets of the SBU.
• Ensure general ledger posting complies with a uniform system of accounting for the lodging industry.
• Establish strong cash management controls, prepare monthly cash flow forecasts, and recommend actions accordingly.
• Manage cash requirements and coordinate with Corporate on the funds.
• Ensure all balance sheet accounts are fully reconciled monthly and discrepancies are immediately identified and corrected.
• Review and approve balance sheet reconciliation monthly.
• To oversee the Finance and Accounting department in the SBU and ensure its smooth running so that all financial and management reports are accurate and available by their due dates.
• Establish and recommend to management major financial objectives for SBU.
• Direct preparation of annual budgets and monthly forecasts; establish and/or recommend to management major economic objectives and policies for SBU.
• Draft and maintain accurate yearly financial statements, by International Financial Reporting Standards.
• Generate and discuss with relevant parties special operation analysis reports with a strategic objective of minimizing the variance: performance versus budget versus prior year, flow-through analysis, outlet menu engineering, profit margin analysis, manning structure and payroll cost, etc.
• Ensure all capital purchases/disposals are by policies and procedures and review all management and depreciation reports.
• Develops SBU finance strategies by contributing financial and accounting information, analysis, and recommendations to strategic direction, establishing functional objectives in line with organizational objectives.