Financial Controller - Mobile position

Headquartered in Hong Kong we have over 100 hotels and resorts under four brands nested in key cities and beautiful beachfront locations globally. We are expanding rapidly with a strong development pipeline throughout Asia the Middle East Europe and Africa.

Regarded as one of the worlds finest hotel ownership and management companies Shangri-La is dedicated to delight guests around the world with legendary service finely tuned from over 45 years of hospitality from the heart. We have an affinity with Asian travelers and we offer them a gateway to the rest of the world positioning us a leading brand in luxury hospitality.

As an enviable employer with industry leading levels of colleague engagement our people are our priority. Our success is only made possible through the efforts and abilities of over 42000 colleagues accordance with this belief the focused investment we make in the learning and development of our colleagues is unparalleled in the global hospitality industry. From welcoming new colleagues to best in class leadership development you can be sure that potential is identified and nurtured throughout your career.

Job Summary:

The Financial Controller (FC) is responsible for overseeing the financial operations of the hotel inclusive of financial planning management reporting budgetary controls taxation and internal and regulatory compliance adherence. The FC is required to provide highest standards of support to the General Manager and business leaders from financial and compliance perspective. The FC needs to develop guide and lead an efficient and professional finance team. The FC needs to ensure effective internal controls are in place to safeguard hotel assets and ensure compliance with accounting standards regulations and company policies. The FC must prepare the necessary data for accounting reports and accounting statements and maintain an accounting system and methods of administration to effectively manage the assets of the hotel. The FC must maintain accounting records in accordance to statutory and company policies and prepare financial reports & accounting statements in a timely manner. The FC needs to liaise closely with the banks auditors government regulatory bodies/officials and tax agents.

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RESPONSIBILITIES

FINANCIAL CONTROLLER

1. Assisting & Advising the General Manager

1. The Financial Controller is to assist and advise the General Manager with professional financial advice.

1. The Financial Controller performs the following duties as requested by the General Manager:

1. Accounting Section Overall

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Includes but not limited to:

- As financial advisor for management he must comprehend all aspects of hotel operations and its financial position.

- In regards to the determination of hotel operations policy he assists the General Manager as a member of the executive committee.

- In terms of accounting procedures for each section he is the main person in setting policy.

- In assisting the General Manager he is in charge of drawing up the yearly budgets based on the initial drafts submitted by management and each division heads.

- Confirms all operational procedures in inclusion to accounting are performed properly. - Communicate the annual budget (separate from the monthly forecasts) approved by HQ and/or owners to each department leaders.

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- Preparation of the initial drafts relating to organizational changes or discontinuance of sections within the hotel.

- Cooperation in the establishment of a compensation system.

- Preparation of the initial drafts of mid- to long-term financial planning. Coordinate with Hotel Department head for drafting the basic financial plans for hotel repair and remodeling.

- Provide financial advice in the drafting of the welfare benefits system for employees together with Human Resources.

- Other duties requested by the General Manager.

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- Ensure all accounting procedures are carried out in accordance with the company policies and is not in conflict with the local laws and accounting regulations.

- Ensure monthly and year-end statements are prepared promptly per scheduled timelines.

- Preparation of any special reports requested by the General Manager and regional office.

- Preparation of a report relating to financial analysis of the monthly statements.

- Making decisions and giving instructions on all accounting problems and matters brought forth by the Assistant Financial Controller and team members.

- Ensure the accounting and other related sections follow operating procedures stipulated by the company policies. If the stipulated procedures cause any problems or inefficiencies escalate to the regional office for review and approval before revision.

- Ensure all accounting records and supporting documentation are properly organized and safely stored.

- Confirm fixed asset purchase authorizations submitted are in accordance with the capital outlay budget prior to approval.

- For supply requisitions submitted verify the amounts are within budget limits and upon examination of the requisition approving it.

- Ensure all warehouse and inventory inspection facilities are monitored throughout the day and inventory control is properly performed.

- Ensure all hotel assets including fixed assets parts warehouse inventory etc. are properly stored and controlled.

- Ensure fixed assets actually on-hand are properly recorded in the books and vice versa. - Ensure all contracts and agreements are properly & safely filed.

- Ensure all insurance policies are recorded and regularly updated to reflect any changes. - If an accident occurs a report is made to the General Manager detailing whether the company has the proper insurance then appropriate filing procedures are taken per the instructions of the insurance policy.

- Review and Check FKCC to achieve minimum requirement score.

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- FKCC

3. Accounting

- Review and approve the daily revenue report prepared by the Income Auditor.

- Verify the journals and journal vouchers are recorded promptly and accurately.

- Verify the G/L and sub-ledger bookings are accurate and reconciled.

- Verify balances in the account details agree to the G/L and S/L balances.

- Review overdue account receivables. Overdue accounts should be reported to the Credit Manager and the General Manager and provide instructions as to a plan to collect the accounts.

- Verify the payment status of amounts in the Accounts Payable summary. Overdue accounts which are not paid are inquired to the Chief Accountant for an explanation. Verify various reserves and amortization/depreciation are accounted for properly per the tax laws and accounting regulations.

- Review the monthly food & beverage cost report from the F & B Cost Controller and verify proper cost controls are performed.

- Check the monthly account statements verifying all numbers and determining settlement deadline.

- Maintain close communication with the public auditors for receiving advice and Counseling.

- Verify the recorded and calculated amounts and quantities in the inventory lists are accurate.

- Verify the computer systems are operating without any problems the necessary accounting records are correctly prepared and filed safely. - Provide instructions for the preparation of internal and external audits. - Maintain knowledge of the applicable accounting standards.

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Mobile to other cities after six months of employment.