A Financial Controller is a senior financial manager that oversees financial reporting, investments, risk management, and cash flow analysis, forecasting and budgeting, among other financial aspects of the business. He/she will also oversee the procurement and cost control function and the asset control.
Ensures smooth operation in the accounting department, a team of 9 staffs (including 1 I.T.)
Responsible for the staff’s training and development as well as hiring requirements
Formulates guideline and implement rules to monitor, protect and make sure that everything is under control within the accounting department and all other departments involving company funds, assets and claims
Coordinates the cash requirements with Cebu head office
Preparation and review of the monthly BS and P&L report in accordance with USALI (Uniform System of Accounts in the Lodging Industry), compares it with the budget and last year's figure, discuss and/or review it with each department heads together with the GM and finalizes it with the notes and/or narrative reports before submission to the GM and/or owners.
Financial analysis and budget preparation based on the details taken from the actual hotel's performance, historical and forecasted results
Capex reviews and monitoring in line with the budget
Regular review of AP and AR aging report
Review and approval of purchase orders
Review and approval of payroll and related government mandatory deductions
Review and approval of all disbursements (cash, cheque or telegraphic transfers)
Contract reviews and commentaries
Makes sure that all reports being distributed to any department has been strictly reviewed and well documented
Tax reporting and planning
Coordination of internal and external statutory audit
Knowledge in all facets/sections of the accounting department
All other administrative functions related to accounts and company's benefit.
Bachelor of Science in Accountancy. Proven track record in Accounts Receivable, Accounts Payable, Income Audit, Cashiering, Payroll, Cost Control and Procurement.
Minimum of 5 years as Accounting Manager, Financial Controller,
IFCA or related system such as POS; Excel; Technical and Soft Skills Training
Preferred Knowledge and Skills:
IFCA or related system such as POS; Excel; Intimate knowledge of the UNIFORM SYSTEM OF ACCOUNTS FOR THE LODGING INDUSTRY; A knowledge of hospitality and the importance of being customer-focused
Etiquettes and Manners
Strong Interpersonal Skills
Ability to successfully manage multiple projects and priorities within structured timeframes.
Effective communication skills to liaise with other departments
Confident in forecasting and preparing budgets
Excellent IT skills
Team leadership, training and delegation skills
Efficient in producing and analyzing financial reports
People-oriented, innovative, and has initiative, fluency in both written and verbal English, good understanding of the Financial Control operations and alike, effective teamwork, passion for work with the desire and motivation to succeed in a fast pace environment.