Assistant Manager Finance

Job description

· Review the postings, payments, revenue and guest balance reports on a daily basis.

· Ensure that all statutory details (PAN, GST NO, TAX NO, Company Registration no. Etc.) are displayed on the guest invoices and bills.

· Ensuring that cash flows are adequate to allow business units to operate effectively.

· Maintain banking relationships and negotiating loans and merchant services for business units.

· Effectively manage the accounting team through respectful communication, clear expectations, relevant training, productive coaching, regular meetings, and appropriate performance management.

· Ensures that each section of the Accounting is managed efficiently, maximising utilisation of technology.

· Monitors and liaises with insurance brokers with regards to claims.

· Reviews all Purchase Requests to ensure that the correct charts of account codes are used.

· Maintains and programs Master Keys for the hotel, to print key movement reports for investigation and to back-up historical keys' data on a regular basis.

· Reviews and approves General Cashiers Report ensuring that all receipts are intact and remitted to the bank promptly.

· Ensure all disbursements and claims are supported by necessary documents and processed timely.

· To check all accounting journals prepared by individual.

· To review all accounting data, ratio, cost percentage, aging, turnover rate etc. and bring to the attention of Financial Controller for abnormalities.

· To assist in the preparation and submission of Returns and Reports to government authorities, owner, Regional Office, Corporate Office and for internal distribution.

· Checks and approves all Petty Cash claims/reimbursements.

· Approves travel agent commissions via World Travel Payment (WTP) program.

· Approves all IOUs and liaise with the general cashier to ensure that they are cleared on time.

· Checks and monitors the Manual Check record book to ensure that the running sequence is accounted for.

· Ensures that all travel agents' commissions' payments are on time.

· Ensure all Foreign remittance for supply of goods or otherwise on time.

· Reviews and approves all Journal Vouchers.

· Reviews all Balance Sheet accounts ensuring schedules are prepared on time and accurately.

· Reviews the financial results after closing.

· Reviews and monitors the monthly cash flow so that an optimal cash position is achieved.

· Review the reports compiled by Cost Auditor and liaise with the Materials Manager to ensure proper procedures and control of inventories.

· Monitor requirements set out in management agreement checklist.

· Maintains files of all contracts, insurance policies, tax reports, expenses, payroll, etc.

· Performing numerical analysis of data and formulating conclusions and/or solutions.

· Keep and to safeguard all contracts, leases insurance policies and all legal and financial documents.

· Obtain the requisite licenses for foreign exchange dealing, imports, liquor and so forth from the appropriate regulatory authorities.

· Administer Hyatt and local insurance matters in conjunction with Hyatt International's and locally appointed insurance agents.

· Administer the Information System section and to ensure that the hotel computer system and its software are fully utilized well safeguarded, properly maintained and all licenses are up to date.

· Handles valuable 'Lost and Found' items and liaises with Security for disposal as per the hotel's policy.

· Participates in the monthly Financial Review and Credit meetings.

Desired profile

Qualifications :

Graduation