PURPOSE OF POSITION
Assists in all hotel accounting and financial control. Ensures all functions are being performed accurately, on a timely basis and according to hotel standards.
MAIN ROLES
• Participates in local recognized professional and industry organizations
• Assists in implementing and reviewing financial controls and policies
• Assists in the design of internal reporting systems required by the department and hotel
• Assists in the review of operating equipment stores to avoid unnecessary/excessive purchases and to eliminate (or at least be aware) of obsolete slow moving items
• Identifies training needs, develops formal training plans and conducts training sessions for accounting and operational staff in coordination with other departments
• Works with Head of Departments to perform ad hoc cost benefit analysis on various projects
• Assists in the analysis of financial and management reports
• Assists with the management of work flows of the finance department
• Assists in control of inventory, credit, and collection, disbursements, deposits and remittances
• Conducts monthly inspections and tests to ensure all departments are complying with required procedures
• Assists in ensuring payments are made to Lotte (All Fees and billings) as fast as possible
• Maintains up to- date account analysis and reconciliations
• Assist in follow- up on all capital expenditures to ensure compliance with original justification and approval
• Assist in the maintenance of the fixed asset register on an annual basis
• Assists in maintaining accurate and timely financial and operating information and ensure corporate deadlines are met
• Assists in providing financial guidance in the formulation and implementation of Strategic Plan, Budget.
• Implements and maintains acceptable accounting practices and procedures as required by Lotte Policy, generally accepted accounting practices, and as affected by local conditions
• Assists in implementing and maintaining acceptable accounting practices and procedures as required by Lotte policy and procedures, generally accepted accounting practices, and as effected by local conditions
• Assists in ensuring all accounts are reconciled on monthly basis, review and approve those reconciliations
• Interacts, as required, with individuals outside the hotel including, hotel’s legal counsel, insurance companies, tax consultants, auditors, commercial banks and government banks
• Assists in the evaluation of existing internal control measures that apply to accounting procedures and computer systems as per Lotte Policies and Procedures
• Assists in enforcing, documenting and establishing adequate controls for all revenues and expenses and protection of assets
• Employs adequate internal control procedures to ensure correct authorization for payment procedures
• Provides administrative support to Management with reference to policy enforcement, business advice and operational assistance
• Assists in the management of internal and external audits when they occur
• Maintains professional and technical competence
• Works with Superior on manpower planning and management needs
SUPPORTIVE ROLES
• Manage and maintain smooth work cooperation and support system with organizations concerned in government relations activities.
• Motivate staff about work by establishing equal opportunities, including education.
• Ensure smooth work cooperation among departments and always provide support not to cause any interruptions in business operation.
• Maintain a close, cooperative relationship with other departments to guarantee effective communication.
• Implement and coordinate cooperation as a supporting department for business operation.
