Assistant Financial Controller

Job Description:

PRIMARY FUNCTION

The Assistant Financial Controller is responsible for the setting up and the successful and efficient management of the Finance Department. The responsibilities include the sourcing and implementation of a cost effective and streamlined accounting system,

ACCOUNTABILITIES

• Compiles and analyses financial information to prepare entries to accounts, such as general ledger and documenting business transactions
• Preparing periodic financial statements, including profit and loss accounts, budgets, cash flows and variance analysis
• Verify contracts, orders and vouchers to substantiate individual transactions prior to the preparation of the payments
• Responsible for the reconciliation of daily takings and banking and reconciliation of all front office ledgers
• Process payroll, including the inputting of timesheets and providing management reports
• Collection of account receivables on a timely basis and providing management reports
• Assisting in the key strategic decision making and formulating business strategies
• Implementing corporate governance procedures, risk management and internal controls
• Contributing to medium and long term business planning and budget preparation
• Advising on the financial implications and consequences of business decisions
• Interpreting and communicating financial data to non-financial managers
• Monitoring and evaluating financial information systems
• Perform internal audits as required and supply timely feedback on any likely internal control weaknesses or risks.

ESSENTIAL DUTIES AND RESPONSIBILITIES PRE OPENING MANAGEMENT

• Develop and implement a Finance pre-opening plan including budget
• Take responsibility for all pre-opening financial systems
• Prepare departmental manning guide and employment deadlines together with the Human Resources Manager
• Prepare Standard Operating Procedures for finance
• Plan, organize and facilitate all pre-opening finance activities
• Participate in staff induction and pre-opening training

ADMINISTRATIVE RESPONSIBILITIES:

• Conducts department’s meeting to ensure smooth operation and management of the

department.

• Manages the department to ensure sufficiency of manpower in accordance to volume of business.
• Establishes two-way communication within and related departments.
• Communicates effectively with guests, subordinates, and supervisors.
• Manages time effectively by meeting deadlines on time.
• Identifies and solves problems in a professional manner.

TECHNICAL RESPONSIBILITIES:

• Knows and understands the job description of all positions in the Department and be aware of others.
• Awareness and understanding of departmental policies and procedures and be aware of others.
• To be responsible for good quality when employee presenting and delivering products and services.
• Checks and improves all service standards established by the company.
• Supervises employee activities to maximize revenue and minimize costs.
• Provides assistance to the employee when required during peak periods.
• Maintains grooming standards for all personnel.
• Conserves energy and water at all times by not degrading guests’ comfort.

• Manages wastes by reducing and recycle the wastes, change staff behaviour to carefully use of resources.

City: mecca

State: Saudi Arabia

PostalCode: 000000

Recruiter: Akanksha Dwivedi- +91 6359655665

Created Date: 28-04-2023

Responsibilities:

Reporting to: Hotel General Manager

Location: Mecca-Saudi Arabia

ONLY MUSLIM CANDIDATES ARE ALLOWED FROM THE HOTEL INDUSTRY.

RELATIONSHIPS

This position works closely with the General Manager, Departments Heads, to ensure Stay Well Hospitality Group (SWHG) maintains an efficient and cost effective Accounts Department. Applies the principles of accounting to analyze financial information and prepare financial reports that are compliant with the country’s laws.

PRIMARY FUNCTION

The Assistant Financial Controller is responsible for the setting up and the successful and efficient management of the Finance Department. The responsibilities include the sourcing and implementation of a cost effective and streamlined accounting system,

ACCOUNTABILITIES

• Compiles and analyses financial information to prepare entries to accounts, such as general ledger and documenting business transactions
• Preparing periodic financial statements, including profit and loss accounts, budgets, cash flows and variance analysis
• Verify contracts, orders and vouchers to substantiate individual transactions prior to the preparation of the payments
• Responsible for the reconciliation of daily takings and banking and reconciliation of all front office ledgers
• Process payroll, including the inputting of timesheets and providing management reports
• Collection of account receivables on a timely basis and providing management reports
• Assisting in the key strategic decision making and formulating business strategies
• Implementing corporate governance procedures, risk management and internal controls
• Contributing to medium and long term business planning and budget preparation
• Advising on the financial implications and consequences of business decisions
• Interpreting and communicating financial data to non-financial managers
• Monitoring and evaluating financial information systems

Experience Requirements:EDUCATIONAL QUALIFICATION Bachelor / Master Degree of Finance / CA /Commerce / Accounting Business Administration or related field, Diploma in Hotel management or a related field. EXPERIENCE Must have a minimum of 7 years of progressive managerial experience in a five star resort or hotel. Must have good knowledge of Hospitality Accounting Procedure Must be used to working to tight deadlines, delivering results, showing high analytical skills and effectively managing and leading a team. Must have thorough knowledge sales and marketing. Developing strategies, sales plans and profit targets. Must be confident in all elements of forecasting. LANGUAGE SKILLS Good command of English language and communicates well in written documentation and oral speech.