Financial Controller

Filinvest Development Corporation; Muntinlupa; On-site; PHP 781,200 - 1,004,400; Full time

Job summary

A leading hospitality corporation in Metro Manila is looking for a Finance Manager to oversee financial operations in a hotel setting. Responsibilities include supervising finance staff, ensuring compliance with financial standards, budget preparation, and financial reporting. Candidates must hold a degree in Accountancy and have at least 5 years of experience in the hospitality industry, with expertise in a similar managerial role. This position offers a strategic role in guiding the hotel's financial decisions.

Qualifications

• Graduate of Accountancy is required.
• CPA licensure is an advantage.
• At least 5 years of work experience in the hospitality industry is mandatory.
• 5 years of experience in the same position is required.

Responsibilities

• Ensure adherence to finance standards.
• Supervise month-end closing procedures.
• Review and approve check-writing reports.
• Approve all check requests.
• Review payroll forecasts based on occupancy.
• Prepare financial reports for stakeholders.
• Coordinate the hotel's annual budget plan.
• Prepare weekly cash flow statements.

Skills

Finance management

Supervision

Budget preparation

Education

Graduate of Accountancy

CPA licensure

Job description

FILINVEST COMPANY: CRIMSON HOTEL FILINVEST CITY MANILA

Duties and Responsibilities:

• Ensure that staff in all Finance areas is adhering to set standards in the performance of their duties
• Supervise month end closing procedures.
• Review and approve check writing edit reports before they are finalized.
• Approve all check requests, verifying the validity and amount.
• Review the payroll forecast for the rest of the year based on occupancy and F&B projected business.
• Update the latest estimate (revenues and expenses) to show what we can expect to happen based on credible factors such as occupancy percentage and unexpected expenses.
• Responsible for the preparation of financial reports needed by the owner and by the corporate office.
• Coordinate and prepare the hotel's annual budget plan, and once approved, ensure data is inputted into the general ledger system.
• Prepare weekly cash flow by inputting all transactions such as the Account Payable payments, bank transfers, and from other account, payroll and other disbursements.

Qualifications:

• Graduate of Accountancy
• CPA licensure is an advantage
• At least 5 years work experience in the hospitality industry
• At least 5 years work experience in the same position and level