Director, Finance
2 weeks ago
On-site - Cebu 1-3 Yrs Exp Diploma Full-time
Job DescriptionDescriptionDepartment: Finance
Employee Type: Probationary
- Lays out the strategy for the team to ensure that commitments on budget, forecast and month-end closing deadlines are consistently met.
- Responsible for directing hotel financial operations and ensuring the security of hotel assets. Reporting on the financial state of hotel and gaming, also make recommendations to improve hotel profitability.
- Be the first point of contact for all hotel financial and accounting-related issues with Owners, Auditor (internal and external) and regulatory agencies.
- Manage everyday activities, plan and assign work ensuring you always have the right staffing numbers.
- Develop the team and improve their performance through coaching and feedback and create performance and development goals.
- Train the team to make sure they deliver with compliance to our standards and have the tools they need to work efficiently.
- Recommend or initiate any HR related actions where needed.
- Direct the team on how decision-making impacts profits.
- Drive a great working environment for teams to thrive.
- Connect departments to create sense of one team.
- Use financial analysis, data trends and market information to anticipate needs, identify operating and financial issues and recommend actions to maximize financial return.
- Create the annual operating budget for the hotel/s and provide analytical support during budget reviews to identify cost saving and productivity opportunities for department heads.
- Distribute outlook and forecast information for department heads to identify cost savings.
- Ensure all balance sheet accounts are reconciled on a monthly basis.
- Manage accounts payable to balance cash flow and maintain good reputation with suppliers.
- Maximize cash flow performance of the hotel/s through prudent controls on inventory, avoid excessive supply and proper controls on wastage and spoilage avoidance.
- Analyze Return on Investment (ROI) for capital projects prior to committing funds and upon completion determine if anticipated results were achieved.
- Assist and lead cost-benefit analysis on operating expenditures (example, to repair or to buy).
- Implement and maintain accounting practices as required by company policy and procedures.
- Ensure financial control procedures and systems are ethical and legal.
- Manage hotel/s taxes, licenses and permits requirements and deadlines.
- Ensure accounting practices support guest experience through inventory controls and swift financial dispute resolution.
- Performs all other tasks required.
- Graduate of Accounting/ Internal Audit/ other Finance related course.
- Certified Public Accountant.
- Five (5) years' experience in an audit firm.
- At least 5 years' experience in corporate accounting and finance, as lead or head.
- At least three-five (3-5) years' experience in being part of upper management.
- Experience with Sun accounting system and SAP is a plus.
- Able to communicate with different levels of management.
- Honest and sense of discipline.
- Stable employment record.
- Self-motivated, analytical, responsible for changes, can work independently.
5 - 10 years
Job posted on2025-02-12
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