Director, Finance

3 days ago

Cebu City, Central Visayas, Philippines NUSTAR Resort Full time ₱1,500,000 - ₱2,500,000 per year

Department
Gen Acctg.&Finance

Employee Type
Probationary

Job Responsibilities

  • 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 your team and improve their performance through coaching and feedback and create performance and development goals; recognize good performance.
  • Train your 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).
  • Manage joint venture partner and PAGCOR requirements on remittance deadlines.
  • Ensure strict adherence to 70/30 debt-equity ratio.
  • 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.
  • Other ad-hoc duties- unexpected moments when we have to pull together to get a task done.
  • Help guests- you'll be happy to help if someone needs assistance with a request or a complaint.
  • Ensure accounting practices support guest experience through inventory controls and swift financial dispute resolution.
  • Perform other related duties, special assignments, or projects as may be assigned by senior management from time to time.

Qualifications

  • Graduate of Accounting/ Internal Audit/ other Finance related course; CPA.
  • Five (5) years' experience in an audit firm.
  • At least 5 years' experience in corporate accounting and finance, as lead or head.
  • 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.

Experience Range Range (Years)
5 - 10 years

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