Assistant Financial Controller

Department: Finance 

Reports To: Group Financial Controller 

Purpose: Manages the hotel’s day-to-day accounting function, assisting the Group Finance Controller in  providing financial leadership to the business and clear structure and direction to the Finance  team. Primary responsibilities include preparation and analysis of the financial reports and  reconciliations, internal and external reporting, budgeting/forecasting, audit and control, asset  and liability reconciliation, working capital, cash control, Preparation of weekly payroll and  payroll related. 

Key Skills: 

• Business Communication… Uses results-oriented writing techniques and strategies for correspondence with  correct grammar and punctuation. 
• Problem Solving Skills… Demonstrates a methodological approach, and uses good judgement to solve issues
• Accounting Skills… Demonstrates analytical abilities with a high level of numeracy 
• Hotel Positioning… Understands the strategic positioning of the hotel and consequences of financial decisions 

Success Factors:

• Organized and Focused
• Strong Attention to Detail
• Stress Management
• Time Management Skills
• Effective Communication 
• Integrity and Confidentiality 
• Initiative & Shows Confidence
• Job-Engaged and Operation Focused
• Engages in Team Building 
• Adheres to Policy 
• Accepts Criticism  
• Commitment to 100% Guest Satisfaction 
  

Indicator of Success:

• Accuracy of transactions, payments, and output 
• Turnaround time and timeliness 

Job Duties: 

• Effectively manages the day-to-day operation to execute finance and accounting responsibilities for the property.
•  Assists the Group Finance Controller in developing the annual business plan, budgets, forecasts, financial reports,  tax compliance, and profit and loss statements. 
• Works through own team and influencing department managers to ensure appropriate controls are in place to  manage business risks. 
• Verifies that the P&L is accurate (i.e., costs are properly matched to revenue, costs are recorded in the proper  accounts) and statements are delivered to appropriate individuals in a timely manner.  
• Verifies that profits and losses are documented accurately. 
• Achieves and exceeds goals including performance goals, budget goals, team goals, etc.
•  Analyzes information and evaluates results to choose the best solution, solves problems and makes decisions.
•  Verifies that all Taxes are current, collected and/or accrued.
• Processes information: compiles, codes, categories, calculates, tabulates, audits, or verifies information or data.
•  Evaluates information to determine compliance with standards, using relevant information and individual  judgment to determine whether events or processes comply with laws, regulations, or standards.
•  Ensure employees’ salaries and benefits are balanced at all times. 
• This job description strives to cover the general areas of responsibility and is not exhaustive.  

Requirements:

• Bachelor’s degree or equivalent
• Hotel Operational Finance knowledge – previous Asst DOF or smaller Hotel Director of Finance, Minimum of five years related accounting experience 
• Computer Skills – Strong computer skills, particularly Excel and preferably Opera, PeopleSoft, Micros
•  Knowledge of economic and accounting principles and practices, P&L statements, operating budgets, forecasting  and scheduling, and the reporting of financial data. 
• Analytical/Critical Thinking 
• Knowledge of business and management principles involved in strategic planning 
• Knowledge of Practices and procedures for Purchasing and Materials Management 
• Exceptional written and verbal communication skills. 
• Be organized and detail oriented.  
• Time management skills are required to plan and organize workload.
• Teamwork skills are essential to ensure interaction with co-workers is a positive and cooperative environment. • Experience in Microsoft Excel, including being able to create, format and manage spreadsheets required.