Assistant Manager - Finance
Assistant Manager - Finance
Posted on :
17-10-2024
Employer Active
1 Vacancy
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Job Description
Main Duties:
- Administration: To supervise and control subordinates to discharge their duties in effective and efficient manner.
- To ensure teamwork and efficient operation of hotel through team spirit development.
- Customer Service: Responsible for efficient liasoning with internal customers like other operational department to ensure accurate accounting and timely reporting.
- Maintain good relationship with suppliers for smooth operations.
- Financial: To supervise a weekly Cash Flow to monitor utilisation of funds.
- Prepare statements for Monthly Working Capital requirement and apprise Director of Finance for additional requirement.
Accounts Payable
- To provide an effective system to track Accounts Payable for effective Cash Flow management
- To provide a summary of the vendors ageing report on a monthly basis.
- To audit price and quantity variances as per daily Receiving Variance Report.
- To prepare monthly accruals for goods and services received but not invoiced.
- To prepare monthend closing journal entries and schedules for Accounts Payable
- Operational: To review daily revenue journal postings and Invoice general postings to ensure the accuracy of General Ledger and SubLedger reconciliation.
- To review all PrePaid and accruals are accurately accounted and reconciled on monthly basis.
- To assist Director of Finance in preparation of Business Plan and thereafter access whether the expenditure falls with in the approved budget or not.
- Review F & B Controller cost report for accuracy of Food & Beverage cost accounting.
- To coordinate closely with Internal and external auditors and assist in provide necessary information for conducting audits.
- To perform random checks in General Cashier/ Cash floats.
- To ensure daily banking of receipts corresponds to the General Cashier report.
- Follow up for Bank related pending entries with bank for timely resolution.
- Ensure Inventory Schedules are planned in line with Hotel Policy and Procedure.
- To prepare Monthly reporting schedule and ensure all team members follow the deadlines
- Review the draft of Financial Statements before submission to Director of Finance for accuracy and accounting of all data.
- Ensure compliances to all statutory dues and there is no delay in payment for the said dues.
- Follow up for any changes in laws and update the same to Director of Finance before implementation.
- Review all General Schedules for Statutory Audits and monthly review.
- Review vendor payment schedules to ensure timely payment.
- Approve all Postings in Creditors and Journal Ledger.
- Review the internal control procedures and ensure compliance to the requirements as per Evalpack.
Personnel:
- Ensure each subordinate receives whatever training is necessary for job competence; training schedule is prepared timely and submitted higher management.
- Review work load of Accounting department and assist Director of Finance in changing assignment of work to prevent overburdening on one part of staff.
- Evaluate employee performance and make suggestions to Director of Finance accordingly.
- Other Duties: As may be assigned by Director of Finance on time to time basis to meet departmental efficiency.
Occupational Health & Safety
Employee Responsibility
All employees to safeguard their health and safety and of others as well in the workplace.
Replacement and Temporary Mission:
Be ready and responsible for any job which may be assigned by the Management.
Qualifications :
- Bachelors degree in Finance Accounting Business Administration or related field; Masters degree or professional certification preferred.
- Minimum of 56 years of progressive experience in finance and accounting roles preferably in the hospitality industry or a related field with at least 1 year in a managerial capacity.
- Strong financial acumen with a deep understanding of Payable & Taxation financial principles practices and regulations.
- Excellent analytical skills with the ability to interpret financial data analyze trends and develop actionable insights.
- Strong team management skills with the ability to motivate and inspire team members to achieve organizational goals.
- Excellent communication presentation and interpersonal skills with the ability to interact effectively with senior management stakeholders and external partners.
Remote Work :
No
Employment Type :
Fulltime
Employment Type
Full-time
Key Skills
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