Finance Executive - Accounts Receivable

Ormond Hotels Group; Kuala Lumpur; On-site; MYR 48,000 - 60,000; Full time

Job summary

Ormond Hotels Group in Kuala Lumpur is seeking an Accounts Receivable professional to accurately process invoices, reconcile receivables, and manage hotel-related financial transactions. The role covers OTA/corporate receivables, remittance to properties, and treasury reporting in a fast-paced hospitality environment.

The ideal candidate will have at least 1 year in hospitality finance, strong Excel skills, and a disciplined, detail-driven approach.

Qualifications

• At least 1 year of working experience in the hotel industry.
• Qualification in Finance/Accounting (certificate/diploma/degree).
• Proficient in MS Excel and MS Office.
• Able to work in a fast-paced environment and meet deadlines.
• Good command of English.

Responsibilities

• Perform accounts receivable reconciliation.
• Handle receivables transactions with OTA/Corporate.
• Reconcile credit card and bank transactions for hotels including refunds.
• Prepare remittance advice and ensure monthly remittance to properties.
• Compute and ensure accuracy of various fees charged.
• Manage fund flows with holding company.
• Take ownership of treasury reports.
• Assist with month-end closing.
• Prepare ad hoc management reports.
• Communicate with customers via phone, email, or mail.
• Any other duties assigned by Finance Manager or CFO.

Skills

Excel

Attention to detail

Team player

Strong English

Multitasking

Education

Bachelor's Degree in Finance/Accounting/Banking or equivalent

Professional Certificate/Diploma in Finance/Accounting

Tools

MS Office

Job description

This is a great opportunity for someone who enjoys being close to the business and wants exposure to hotel operations, F&B, rooms revenue, purchasing, inventory and cost control in a fast-paced hospitality environment.

Responsible for the accurate processing of authorized invoices, recording, updating and reconciliation. The main function is to ensure that customer collections are met as per policy. Responsible in determining the receivables monthly and yearly. Broadly, responsibilities as part of this role include:

• Perform accounts receivable reconciliation.
• Handling receivables transactions with Online Travel Agent ("OTA") / Corporate.
• Handling reconciliation for credit card and bank transactions for hotels including refunds.
• Preparation remittance advice for Franchisee/asset owned and ensuring monthly remittance to respective properties are carried out on the timely basis.
• Compute and ensure accuracy various fees chargeable.
• Managing fund flows with holding company.
• Compute and ensure accuracy various fees chargeable.
• Taking ownership on treasury reports.
• To undertake any task or assignment as may be assigned to you by your immediate superior or Management from time-to-time.
• To ensure billings are done on a timely basis.
• Reconciles financial data for the purpose of maintaining accurate account balances and ensuring compliance with established accounting practices.
• Assist with month-end closing.
• Responsible for preparing ad hoc reports for management purposes.
• Communicating with customers via phone, email, mail or personally.
• Any other roles and responsibilities assigned by Finance Manager or CFO.

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

• Candidate must possess at least a Professional Certificate, Diploma, Advanced/Higher/Graduate Diploma, Bachelor's Degree, Post Graduate Diploma, Professional Degree inFinance/Accountancy/Banking or equivalent.
• At least 1 year(s) of working experience in the hotel industry is required for this position.
• Preferably Junior Executives specializing in Finance - General/Cost Accounting or equivalent.
• Knowledge of MS Office especially Excel.
• Inquisitive and vocal in providing suggestions, feedbacks and process improvements suggestions.
• Able to work in a fast-paced environment.
• Must be very organised and multitasks between tasks.
• Must be a team player and able to work independently.
• Candidate should have good command of English.
• Must be meticulous and have an eye for detail.
• Committed to meet deadline.
• Willing to work in a high pace environment