Assistant Manager - Finance & Accounts

Idealseed Resources Sdn Bhd; Kuala Lumpur; On-site; MYR 60,000 - 90,000; Full time

Job summary

Idealseed Resources Sdn Bhd is seeking an Assistant Manager Finance / Accounts for the hotel sector in Kuala Lumpur. This role supports the Finance Manager in overseeing financial operations, ensuring accurate reporting, controls, compliance, and smooth day-to-day accounting in a hospitality setting.

The ideal candidate has 3–6 years of accounting experience in hospitality, familiarity with PMS and POS, strong analytical and communication skills, and the ability to coordinate with

Qualifications

• Degree/Diploma in Accounting, Finance, or related field.
• 3–6 years of accounting or finance experience, preferably in the hotel/hospitality industry.
• Familiar with PMS, POS, and accounting systems (Opera, IDS, SUN System, MYOB, SAP).
• Good analytical skills and attention to detail; ability to meet deadlines.
• Strong communication skills and ability to work with cross-functional teams.

Responsibilities

• Prepare monthly financial statements, management reports, and variance analysis.
• Ensure timely month-end closing, including reviewing journal entries, accruals, and reconciliations.
• Monitor revenue posting, adjustments, and ensure accuracy of the hotels financial data.
• Oversee AP/AR processes, ensuring timely payments, billing, and credit control.
• Verify supplier invoices, payment vouchers, and supporting documents.
• Monitor daily cash flow, bank balances, and cash transactions.
• Assist in forecasting cash requirements and managing working capital.
• Work with F&B and Operations to monitor cost percentages, wastage, and stock variances.
• Maintain strong internal control procedures aligned with hotel industry standards.
• Assist in preparing annual budgets and periodic forecasts.
• Work with PMS and POS systems; assist system improvements and process enhancements.
• Supervise and guide junior staff; liaison with other departments.
• Represent the Finance Manager in meetings when required.
• Assist in auditing exercises.

Skills

Analytical skills

Communication skills

Cross-functional collaboration

Education

Degree in Accounting

Diploma in Accounting

Tools

PMS

POS systems

Opera

IDS

SUN System

MYOB

SAP

Job description

Job Description: Assistant Manager Finance / Accounts (Hotel Industry)

Department: Finance / Accounts

Industry: Hospitality / Hotel Operations

Role Summary

Supports the Finance Manager in overseeing the hotels financial operations, ensuring accurate reporting, proper controls, compliance, and smooth day-to-day accounting activities. This role plays a key part in financial analysis, month-end closing, cost management, and audit coordination within a hospitality environment.

Key Responsibilities

Financial Reporting & Month-End Closing

• Assist in preparing monthly financial statements, management reports, and variance analysis.
• Ensure timely month-end closing, including reviewing journal entries, accruals, and reconciliations.
• Monitor revenue posting, adjustments, and ensure accuracy of the hotels financial data.

Accounts Payable & Receivable

• Oversee AP/AR processes, ensuring timely payments, billing, and credit control.
• Verify supplier invoices, payment vouchers, and supporting documents.
• Ensure proper aging analysis and follow-up on outstanding receivables.

Cash Flow & Treasury Management

• Monitor daily cash flow, bank balances, and cash transactions.
• Assist in forecasting cash requirements and managing working capital.

Cost Control & Inventory Management

• Work with F&B and Operations to monitor cost percentages, wastage, and stock variances.
• Assist in conducting monthly stock counts and inventory audits.
• Ensure compliance with hotel cost control procedures.

Internal Controls & Compliance

• Maintain strong internal control procedures aligned with hotel industry standards.
• Ensure compliance with accounting policies, SOPs, taxation, and statutory requirements.
• Support both internal and external audit exercises.

Budgeting & Forecasting

• Assist in preparing annual budgets and periodic forecasts.
• Support analysis of revenue trends, departmental spending, and operational performance.

System & Process Management

• Work with relevant departments to ensure accurate data entry into PMS (Property Management System) and POS systems.
• Support system improvements and process enhancement to increase efficiency.

Team Support & Coordination

• Supervise and guide junior finance staff on daily tasks and best practices.
• Liaise with other hotel departments (Front Office, F&B, Procurement, HR) to resolve finance-related issues.
• Represent the Finance Manager in meetings when required.

Requirements

• Degree/Diploma in Accounting, Finance, or related field.
• 3-6 years of accounting or finance experience, preferably in the hotel/hospitality industry.
• Familiar with PMS, POS, and accounting systems (e.g., Opera, IDS, SUN System, MYOB, SAP).
• Good analytical skills, attention to detail, and ability to meet deadlines.
• Strong communication skills and ability to work with cross-functional teams.