Assistant Manager, Finance

Ormond Group; Kuala Lumpur; On-site; MYR 60,000 - 90,000; Full time

Job summary

Join a dynamic hotel group as a Finance Manager, where you will oversee financial operations ensuring compliance, leading a team, and enhancing the overall guest experience through efficient financial practices. Ormond Group values performance and offers significant career growth opportunities in a supportive environment.

Benefits

Performance-based financial rewards

Opportunities for career growth and development

Dynamic work environment

Qualifications

• 4-6 years of working experience, with hotel finance preferred.
• 1 year in a managerial capacity.
• Experience with PMS and other hotel systems is an advantage.

Responsibilities

• Oversee daily financial operations and report management.
• Ensure compliance and regulatory standards.
• Lead and mentor the finance team.

Skills

Financial Reporting

Cashflow Management

Budget Management

Team Leadership

Interpersonal Skills

Education

Professional Certificate in Finance/Accountancy/Banking

Bachelor’s Degree in Finance/Accountancy/Banking

Job description

What Will You Do?

We view ourselves as a scrappy start-up and as a vital member of the team, you will be expected to roll up your sleeves and get stuck in.You'll work directly with the Financial Controller to ensure that we meet compliance and regulatory standards, monitor and manage accounts, and assist with financial reporting for the property.Broadly, responsibilities as part of this role include:

• Play a crucial role in making sure our hotels run efficiently without compromising our overall goal of providing a fantastic guest experience.
• Oversee the day-to-day financials for the hotels, including cashflow management for the hotels, managing site revenue (and any variances), overseeing the sales ledger, and ensuring payments are made and received as expected – working closely with centralised accounts payable and receivable.
• Be a trusted specialist partner, a go-to for advice that helps others meet their goals, and raise commercial and financial awareness across the hotels.
• Oversee our financial processes, keeping an eye on how we can improve ways of working.
• Ensure timely closing of monthly accounts with complete management reports.
• Lead, mentor and develop your team, creating an environment where they can be themselves and can feel the value they’re adding.
• Support your business partners in building accurate and timely budgets and monitor the actual performance against the budgets.
• Reconcile tax and process filing & payments to related Government Agencies.
• Analyse records of financial transactions to determine accuracy and completeness of entries.
• Manage &liaise with bankers, internal & external auditors, tax agents and legal advisory bodies.
• Actively engage with other departments/business units to resolve and improve operational issues
• Responsible for preparing ad hoc reports for management purposes
• To undertake any task or assignment as may be assigned to you by your immediate superior or Management from time-to-time.

Who Must You Be?

To successfully fill this role, you will have the right attitude, behaviours, skills, and values that follow:

• Must posses at least a Professional Certificate, Diploma, Advanced/Higher/Graduate Diploma, Bachelor’s Degree, Post Graduate Diploma, Professional Degree in Finance/Accountancy/Banking or equivalent
• At least 4-6 years of working experience with 3-5 years preferably hotel finance experience and at least 1 year in a managerial capacity.
• Experience in finance function set up and hotel / F&B systems (PMS systems, reservations systems, POS etc.) is an added advantage
• A balance between a methodical and process-driven approach and flexibility and creativity when it comes to meeting deadlines and finding solutions.
• Passion for hospitality – whether that’s a drink, a meal, an event or a bed for the night
• You’re all about having a positive impact on the people you interact with, leaving them with a memorable experience.
• Inquisitive and vocal in providing suggestions, feedbacks and process improvements suggestions.
• You’re not precious. We leave our egos at the door and help get stuff done.
• You’re up for doing things differently and trying (almost) everything once.
• You want to be part of a team that works hard, supports each other and has fun along the way.

Who Are We?

Ormond Group rethinks hospitality for the contemporary traveller. Our vision is to create experiences that positively influence the way people live, work and have fun together. Our hotels are a collection of individually designed hotels, meaningful spaces that welcome all – guests, locals and nomads. Our people are at the heart and soul of our brand. An Ormond experience is about service that matters. We make our guests feel at ease and at home. Every experience is thoughtfully designed to leave a lasting impression.

Ormond Group owns and operates three distinct brands – Ormond Hotels, MoMo’s and Tune. We are backed by serial entrepreneurs and investors who have built (from scratch) successful, disruptive ventures such as AirAsia. Our shareholders and team are in turn committed to building a great business whilst having a lot of fun.Learn more about us at www.ormondhotels.com

What’s In It For You?

An opportunity to join a close-knit, dynamic and ambitious group that prioritizes RESULTS. We take pride in performance-based financial rewards and believe in the right remuneration packages for the right people. The team is lean and nimble and applies an all hands-on deck attitude to get things done. There are opportunities for career change, accelerated career growth, training and development for the right candidates. High performers will also get the chance to interact and work closely with senior management to learn how to build successful businesses!