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voco Kuching seeks a Director of Finance & Business Support to oversee hotel financial operations and safeguard assets. You will report on the hotel's financial state, and advise on profitability improvements while acting as the primary contact for accounting issues with GM, owners, auditors, and regulators.
You will lead daily finance activities, oversee budgeting, ensure compliance, and manage contracts and licenses. Strong leadership and USALI knowledge are highly valued.
As Director of Finance & Business Support, you'll direct hotel financial operations and ensure the security of hotel assets. Reporting on the financial state of the hotel, you'll also make recommendations to improve hotel profitability. You'll be the first point of contact for all hotel financial and accounting-related issues with the general manager, owners, auditors (internal and external) and regulatory agencies.
Key responsibilities
Manage everyday activities, plan and assign work ensuring you always have the right staffing numbers
Develop your team and improve their performance through coaching and feedback, and create performance and development goals
Train your team to make sure they deliver with compliance, to standards and have the tools they need to work efficiently
Implement and maintain acceptable accounting practices as required by company policy and procedures
Ensure financial control procedures and systems are ethical and legal
Manage hotel contracts (vendor leases and/or service contracts)
Ensure Insurance and Licenses for the hotel is compliant and up to date with requirements, complying with HMA and local government regulations
Use financial analysis, data trends and market information to anticipate needs, identify operating/financial issues, and recommend actions to maximise financial return
Create the annual operating budget for the property and provide analytical support during budget reviews to identify cost saving and productivity opportunities
Ensure all accounts are reconciled on a monthly basis and oversee the process of credit extension and collection of overdue accounts
About you
Bachelor's degree or higher education qualification in Accounting and Finance
4-8 years' experience in hotel accounting or audit with at least one year in an Assistant Controller or similar supervisory role, or an equivalent combination of education and work-related experience
Knowledge of accounting management duties including negotiating hotel space and tenant leases, processing payroll, performing asset management duties, providing business projections, and preparing government reports
Professional accounting knowledge of USALI or finance designation or certification preferred
Must speak local language(s). English and other languages preferred