Executive, Finance

Ren Wellness Retreat; Subang Jaya; On-site; MYR 100,000 - 150,000; Full time

Job summary

A premier wellness destination in Subang Jaya is expanding and seeking three Finance Executives, each assigned to Accounts Payable, Income Audit, or Cost Control. Ideal candidates will possess a Bachelor’s degree and 2–4 years of relevant experience within the hospitality sector. Responsibilities include auditing daily revenues, managing vendor invoices, and performing cost analysis. The ideal candidates should demonstrate strong analytical skills, attention to detail, and proficiency in financial systems.

Qualifications

• 2–4 years of experience in Finance within the hotel, resort or wellness industry.
• Knowledge in Accounts Payable, Cost Control or Income Audit functions.
• Experience with inventory, costing and hospitality finance processes.

Responsibilities

• Verify invoices and support documents, ensuring accuracy and compliance.
• Audit daily revenue across various hotel outlets and reconcile systems.
• Monitor daily costs and prepare cost variance reports.

Skills

Analytical skills

Attention to detail

Communication skills

Problem-solving skills

Education

Bachelor’s degree in Accounting, Finance, Hospitality Management, or related field

Tools

Opera

Micros

SAP

Microsoft Office

Job description

REN Wellness Retreat (by ERMS Berhad - a subsidiary of IJM Land), is a one-of-a-kind integrated Hospitality, Health and Wellness destination anchored Traditional &ComplementaryMedicine aspiring to enrich people’s lives in every way. REN aims to provide a luxurious nurturing haven for all, from Business Travelers to Holiday Makers, Athletes and Families.

The REN, we exemplify the virtues of integrity, compassion and a solid moral compass with a passion for a cause, service from the hearts with a constructive responsibility to prioritize the greater good over self-interest.

Your Role

We are expanding our Finance team and hiring three (3) talented Finance Executives, each dedicated to a specialized area: Accounts Payable / Income Audit / Cost Control.

Each role has its own dedicated responsibilities and is not a combined or one-person job. Candidates will be assigned to one specific function based on their experience and expertise.

Key Responsibilities

1. Account Payable

1. Verify completeness and accuracy of all invoices and supporting documents (agreements, DO/PO, approvals).
2. Match invoices with purchase orders, delivery notes and receiving reports.
3. Validate pricing, quantities, tax compliance and account coding before posting.
4. Process vendor invoices, utilities, service contracts and recurring expenses.
5. Ensure compliance with e-invoicing requirements and accurate posting into the Financial Information System.
6. Maintain vendor master records; resolve invoice and payment discrepancies.
7. Prepare weekly/monthly payment runs and ensure payments follow credit terms.
8. Process statutory payments, SST submission and ensure timely settlement.
9. Reconcile vendor statements, monitor outstanding items and support month-end closing.
10. Track and record fixed asset transactions; maintain fixed asset register and conduct verification exercises.
11. Ensure all expenses follow policies, contracts, and authorization limits.
12. Responsible in tracking fixed asset.
13. Ensure tax compliance (VAT/GST/TDS) and proper documentation for audits.
14. Assist with ad-hoc finance tasks and projects as assigned.

2. Income Audit

1. Audit daily revenue for all hotel and wellness outlets: Rooms, F&B, Spa, Recreation, Retail and Others.
2. Reconcile HIS and PMS revenue with the Financial Information System.
3. Verify room rates, discounts, packages, complimentary rooms and no-show charges.
4. Reconcile cash, credit card payments, online payments and city ledger transactions.
5. Review Night Audit reports; investigate discrepancies and unusual transactions.
6. Monitor voids, refunds, overrides and adjustments for policy compliance.
7. Prepare Daily Revenue Report (DRR) and support month-end revenue reporting.
8. Review cashier summaries, cash drops and settlement batches; ensure compliance with cash-handling SOPs.
9. Ensure that the PMS, POS, and other revenue systems are synchronized and functioning correctly.
10. Coordinate with Front Office, F&B and Operations on pending revenue or settlement issues.
11. Deposit daily cash collections and perform credit card processing timely.
12. Assist with ad-hoc finance tasks and projects as assigned.

3. Cost Control

1. Monitor and analyze daily costs for F&B, spa, wellness, housekeeping and operational supplies.
2. Prepare cost variance reports, analyze consumption trends and highlight abnormalities.
3. Perform recipe costing, menu engineering and spa treatment costing.
4. Supervise monthly and weekly inventory counts; investigate variances and recommend corrective actions.
5. Validate GRNs, stock adjustments and ensure accuracy in PMS, HIS and POS systems.
6. Prepare daily/weekly/monthly cost reports; support budgeting and forecasting processes.
7. Collaborate with Chefs, Managers and HODs to implement cost-saving initiatives and reduce wastage.
8. Maintain item master data in Financial Information System, PMS and HIS.
9. Ensure compliance with cost control SOPs and support audit requirements.
10. Assist with ad-hoc finance tasks and projects as assigned.

Requirements

Education

Bachelor’s degree in Accounting, Finance, Hospitality Management, or related field.

Experience:

2–4 years of experience in Finance within the hotel, resort or wellness industry.

Knowledge in Accounts Payable, Cost Control or Income Audit functions.

Strong understanding of PMS/POS systems (Opera, Micros, Oracle, Sun Systems, SAP, FMC, IDS or equivalent).

Experience with inventory, costing and hospitality finance processes.

Advanced MS Excel skills and ability to prepare financial reports and dashboards.

Skills:

Strong analytical and problem-solving abilities.

High level of accuracy, detail orientation and integrity.

Good communication and cross-department collaboration skills.

Ability to meet deadlines and manage multiple priorities.

Proficient in Microsoft Office and accounting/financial systems.

Ability to work independently and as part of a team.

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