Finance Manager

Kajang - Malaysia

Monthly Salary: Not Disclosed

Posted on: 18 hours ago

Vacancies: 1 Vacancy

Job Summary

Company Background

A well-established hospitality and leisure resort offering a premium experience for guests with luxurious accommodations diverse dining options and diverse leisure facilities based in Sungai Long Kajang.

Job Summary

The Finance Manager oversees the resorts financial operations including planning budgeting accounting and reporting to maintain financial stability and profitability. This role collaborates with department heads to provide financial insights and support strategic decision-making.

Job Responsibilities

Financial Accounting Process

Overall management of the accounting records and financial reports of the hotel ensuring compliance with company owner statutory and fiscal requirements and timetables.
Where applicable the above must include the accounts for the Hotels affiliated companies.
Ensure that the balance sheet is a fair reflection of the assets and liabilities of the hotel.
Maintain a focused system of internal controls which will provide an effective and efficient control over the hotel assets liabilities revenue and costs.
Ensure legal and tax compliance and that adequate insurance cover is maintained.
Ensure proper permits and licenses have been obtained for such matters as importation currency transfers and hotel operations (bars lobby music etc.).
Liaise and co-operate with both Internal and External Audit.
Develop best practice financial accounting and control procedures.

2. Management Reporting and Business Support

Implement reporting that incorporates benchmarking identification and measurement of key performance indicators.
Support and advice on financial and commercial matters to the CEO General Manager and to the hotel team including the interpretation of financial data.
Review management information for the hotel and make proposals for the CEO General Manager for value added initiatives.
Provide financial and commercial skills to support business development initiatives major pricing decisions and other commercial decision making.

3. Financial Budget and Forecasting

Take a support role to the General Manager in hotel strategic planning.
Manage the formulation review and approval process for budgeting within the hotel.
Ensure a regular cycle of forecasting takes place within the hotel with content and detail appropriate to the needs of the operation.

4. Cashflow and Bank Reconciliation

Maintain accurate cashflow forecasts and ensure adequate notice is given to CEO of any future cash requirements.
Ensure full reconciliation of all bank accounts on a monthly basis.

5. Cost Management

Understand and measure cost drivers for the hotel.
Ensure that adequate purchasing procedures are in operation so that purchases of goods and services are made in the most cost-effective manner.
Identify cost reduction opportunities. Manage financial risks of the business.

6. Purchasing department

Overseeing manage and supervise the Procurement Department.
Plan evaluate and formulate procedures in maintaining par stock levels.
Approve the addition or deletion of products after consultation with the CEO and General Manager.
Maintain and update pricing database of all Food and Beverage items.
Process purchase requisitions received from the various departments and obtain pricing and quotes from vendors/suppliers.
Perform special jobs and projects that may be assigned by the CEO or General Manager from time to time. Perform other related duties appropriate to status from time to time.

Requirements

Degree or Master in Accounting Finance or any related field. CPA ACCA or equivalent professional qualification is an advantage.
Minimum of 5-7 years of experience in finance with experience in a managerial role from similar industry.
Good communication skills in English and Mandarin (to deal with Mandarin speaking suppliers)
Experience overseeing purchasing / procurement department is required.
Excellent analytical problem-solving and leadership skills.
High attention to detail and the ability to manage multiple priorities and deadlines
Leadership experience with the ability to motivate and manage a team effectively
Must be willing to work in Sungai Long Kajang.

Interested candidates please apply online or send your updated resume to revathiy (at)

Only shortlisted candidates will be notified.

Company Background A well-established hospitality and leisure resort offering a premium experience for guests with luxurious accommodations diverse dining options and diverse leisure facilities based in Sungai Long Kajang. Job Summary The Finance Manager oversees the resorts financial operations i...