Financial Controller

JOB DESCRIPTION

1. Job Position Financial Controller

2. Category Department Head/ Executive

3. Responsible To General Manager, General Manager Finance

Summary
To administer, control and develop the accounting function of the Hotel on the basis of the uniform system of accounts in the company, and to exercise complete control over income, expenditure, cash flow, fixed assets and movable assets of the Hotel in strict accordance with the company policies and systems. Responsible for maintaining accurate accounting records pertaining to all expense accounts and income accounts. Responsible for all taxation and statutory matters, Credit control, cost control and other related matters.

Duties and Responsibilities

a.Responsible for the daily and recurring operations of the accounts department and the preparation of required financial statements

b.To ensure that the front office and restaurant cashiers, night auditors, stores and receiving clerks carry out their functions properly

c.To maintain on a daily basis all Hotel accounting records in strict accordance with the uniform system of accounting in practice, or in accordance with the adjusted system of such accounting that may have been modified to suit local needs

d.To provide the financial data to carry out financial analysis of operations so as to assist the management to take corrective actions wherever necessary

e.Responsible for implementing the credit policy and decisions of the company and maintaining city ledger records

f.To make constant efforts to reduce the outstanding accounts by checking these accounts regularly and initiating action for their settlement

g.To prepare monthly forecasts on sales costs and payroll wherever applicable

h.To prepare annual financial budgets and submit them to the management

i.To maintain payroll records for the entire Hotel

j.To authorize and participate in the discarding of capital equipment, fixtures and material

k.To train and develop his personal on a continuing basis and for this purpose to co-ordinate with the training manager

l.To appraise the performance of his subordinates

m.To ensure wage accounting for the entire Hotel

n.To ensure the deposit of all taxes and provident fund deductions from employees, with the government

In addition to the above mentioned duties and job functions, any other assignment given on an occasional basis or daily basis by the immediate superior or the management.