Financial Controller

Melters Steel Corporation; Iloilo City; On-site; PHP 1,200,000 - 1,600,000; Full time

Job summary

Vermillion Hotel in Iloilo seeks a Financial Controller to oversee day-to-day financial operations, ensure accurate accounting records, and provide reliable financial insights for decision-making. You will work with the Comptroller, General Manager, department heads, Finance, and Purchasing teams to manage budgeting, cost control, and compliance.

The role emphasizes month-end/year-end close, cash management, and strong internal controls to support profitability and strategic planning.

Qualifications

• Bachelor's degree in Accounting, Finance, or related field.
• CPA or equivalent certification preferred.
• 5–8+ years of accounting or finance experience, preferably in hospitality.
• Strong knowledge of accounting systems, financial reporting, and internal controls.
• Attention to detail and accuracy.
• Analytical and problem-solving skills.
• Ability to manage deadlines and multiple priorities.
• Effective communication with finance and non-finance teams.

Responsibilities

• Prepare monthly, quarterly, and annual financial statements and analyses.
• Maintain accurate general ledger accounts and supporting schedules.
• Ensure timely month-end and year-end closing processes.
• Oversee accounts payable, accounts receivable, payroll, and cash management.
• Assist with annual budgets and periodic forecasts.
• Monitor departmental expenses against budget and prepare variance analysis with explanations for deviations.
• Support department heads with financial planning and cost control.
• Implement and maintain internal control procedures as directed by the Comptroller.
• Monitor financial transactions to prevent errors and irregularities.
• Assist with audits and provide required documentation.
• Monitor daily cash flow and liquidity requirements.
• Ensure proper handling, recording, and reconciliation of cash and bank transactions.
• Manage banking relationships at the operational level.
• Work with Finance and Purchasing on sourcing materials, equipment, and services.
• Review and approve technical specifications for procurement.
• Promote efficient resource utilisation and minimise wastage.
• Provide financial insights on cost control, pricing, and profitability to support operational decisions.
• Ensure financial data is available and understandable to non-finance managers.
• Submit financial reports and analyses for review and approval.
• Escalate financial risks, issues, and significant variances.
• Ensure alignment with financial strategies, controls, and policies set by the Comptroller.
• Support the implementation of financial systems and process improvements.
• Undertake other assigned tasks, projects, and responsibilities.

Skills

Accounting and finance

Financial reporting

Internal controls

Analytical skills

Leadership

Communication

Education

Bachelor's degree in Accounting, Finance, or related field

CPA or equivalent certification

Job description

About the role

As Financial Controller, you will manage the hotel's day-to-day financial operations, ensuring accurate accounting records, timely financial reporting, effective internal controls, and compliance with accounting standards, tax regulations, and company policies. You will provide reliable financial insights to support operational decision-making, cost control, pricing, profitability, and financial planning while working closely with the Comptroller, General Manager, department heads, Finance, and Purchasing teams.

Key responsibilities

• Prepare monthly, quarterly, and annual financial statements and analyses.

• Maintain accurate general ledger accounts and supporting schedules.

• Ensure timely month-end and year-end closing processes.

• Oversee accounts payable, accounts receivable, payroll, and cash management.

• Assist with annual budgets and periodic forecasts.

• Monitor departmental expenses against budget and prepare variance analysis with explanations for deviations.

• Support department heads with financial planning and cost control.

• Implement and maintain internal control procedures as directed by the Comptroller.

• Monitor financial transactions to prevent errors and irregularities.

• Assist with audits and provide required documentation.

• Monitor daily cash flow and liquidity requirements.

• Ensure proper handling, recording, and reconciliation of cash and bank transactions.

• Manage banking relationships at the operational level.

• Work with Finance and Purchasing on sourcing materials, equipment, and services.

• Review and approve technical specifications for procurement.

• Promote efficient resource utilisation and minimise wastage.

• Provide financial insights on cost control, pricing, and profitability to support operational decisions.

• Ensure financial data is available and understandable to non-finance managers.

• Submit financial reports and analyses for review and approval.

• Escalate financial risks, issues, and significant variances.

• Ensure alignment with financial strategies, controls, and policies set by the Comptroller.

• Support the implementation of financial systems and process improvements.

• Undertake other assigned tasks, projects, and responsibilities.

What we're looking for

• Bachelor's degree in Accounting, Finance, or a related field.

• CPA or equivalent certification is preferred.

• 5–8 or more years of accounting or finance experience, preferably in hospitality.

• Strong knowledge of accounting systems, financial reporting, accounting principles, and internal controls.

• Strong attention to detail and accuracy.

• Analytical and problem-solving skills.

• Ability to manage deadlines and multiple priorities.

• Effective communication skills with finance and non-finance teams.

• Leadership, people management, strategic thinking, planning, cost control, financial awareness, decision-making, and stakeholder management capabilities.

• Willing to be assigned at Vermillion Hotel in Iloilo or assigned here in Metro Manila but work for Vermillion Hotel.