Job Summary:
The Financial Controller oversees the Accounting department, procurement function and information data processing system while at the same time provides meaningful and timely information on the status of Wink Hotels’ performance to the Management Team. This role requires the person to be hands- on with cost containment and revenue enhancement. This position reports to the Director of Operations and will work closely with other Department Heads.
Responsibilities:
Department Management:
• Training and motivating the Accounting team
• Managing outsourced functions where applicable
• Responsible for all the operations of Accounting department, including control systems, transaction- processing operations, policies and procedures and the design of an organizational structure adequate for achieving the department&039;s goals and objectives
• Managing and maintaining the documented system of the department
Accounting:
• Responsible for budget, financial control, reporting, and compliance with banks and corporate guidelines by the parent company and affiliated companies
• Continuously implementing all necessary controls, policies and procedures to safeguard Wink hotels’ assets, including proper procedures and controls for purchasing, receiving, stores and requisitioning
• Preparing all statutory tax returns including VAT, PIT, CIT and ensuring that they are timely and accurate in submission and reporting
• Maintaining proper and complete accounting records of Wink Hotels; ensuring all GL accounts, bank records and transactions of Wink are accurate, reconciled and correct at all times and following strict deadlines
• Overseeing and ensuring smooth running of payroll and its general administrative functions; ensuring the accuracy of the payroll calculation and the verification of disbursements made by the hotel cashiers, night auditors and other accounting positions
Finance:
• Ensuring the Wink Hotels’ financial health; preparing and interpreting financial statements, cash flow and reports of Wink Hotels
• Producing and analyzing financial information to management as tools for maximizing profits and planning for the future
• Responsible for and in charge of the Year End Audit
Reporting:
• Handling cash flow forecasting, fund management and prioritization
• Ensuring that periodic bank reconciliations are completed and that required debt payments are made on a timely basis
• Preparing and submitting timely monthly financial statements; month- end and year- end close process; and, other reports as required
• Recommending benchmarks against the performance of the company’s operations; calculating and issuing financial and operating metrics
• Reviewing the Wink Hotels’ third- party contracts, ensuring that Wink Hotels’ interest comes first and protected at all times
Compliance:
• Maintaining records and ensuring compliance with current tax, audit legislation
Others:
• Updating and implementing human resources policies, procedures and code of conduct, while promoting management, team and cross- department support, leadership, professionalism and good relations
• Maintaining close communication with the third parties such as the parent company, auditor, etc.
• Maintaining and promoting communication efficiency for general and work specific information, including the conduct of regular meetings and/or discussions on work activities, service delivery, continuing work system improvement, etc.
• Updating and implementing all relevant policies, procedures and service delivery standards of the department and related employees
• Performing other related duties and functions assigned by the CEO and the representative from the parent company.
• Developing training plans and endorsing the conduct of training sessions to team members to facilitate learning, retention and acquisition of competencies
