Financial Controller

1 day ago

Manila, National Capital Region, Philippines Baguio Mountainscapes, Inc. Full time ₱900,000 - ₱1,200,000 per year

FILINVEST COMPANY: GRAFIK PINE HOUSE BAGUIOPosition Summary:In accordance with the policies, procedures, and standards of Chroma Hospitality and Grafik Pine House Baguio, as the Hotel Financial Controller, your role is crucial in ensuring the financial stability and success of the hotel. You will be responsible for managing the hotel's finances, including budgeting, forecasting, and financial analysis. You will also oversee the hotel's accounting department, ensuring that all financial transactions are recorded accurately and efficiently.

Scopes and Responsibilities:Prepares and submits accurate monthly management reports to the corporate office in a timely manner. Prepares, monitors, and implements the annual hotel budget. As the custodian of the budget, you will collaborate with different EXCOM and HOD to flag and raise concerns immediately, especially those that will directly impact the achievement of target revenue and expenses based on the annual budget.

Ability to forecast revenue and expenses to ensure that the hotel is in line with committed monthly/annual budget. Ability to properly analyze variances from budgets and recommend preventive and/or corrective measures. Cascades and trains employees about the whole transaction flow; recommends how to maximize resources and minimize costs.

Initiates proper implementation of new accounting rules, standards, and reporting requirements. You are able to assess the applicability of new SEC, BIR, and other government and regulatory pronouncements or regulations, with the initiative to seek proper consultations with tax or legal. You will present to management the implications, pros and cons, impact, and options for application of new SEC, BIR, and other government regulatory pronouncements.

You must be able to monitor proper implementation of policies and procedures and identify internal control issues in a timely manner. Review and approve audit reports and comments, and draft audited financial statements. Able to implement audit recommendations, audit issues, or dispositions for audit findings.

Able to identify risks and propose possible courses of action based on validated reports/numbers. Present and communicate ideas and propose process improvements on fraud risk areas; communication and leadership for risk management. Capable of guiding and training Managers to develop skills in identifying and recommending.Designs and implements comprehensive risk management plans tailored to specific projects or financial operations.

Ensures that the property is fully covered with insurance and policies are updated and coordinates with the Insurance/Risk Department on coverage, appraisal, and claims. Qualifications:Bachelor's degree in Accountancy or any related Accounting course. Licensed Certified Public Accountant.

Minimum of 5 years with the same or similar responsibility. Minimum 5 years work experience in the hospitality industry. Knowledge, familiarity, and connection with different government and financial institutions like BIR, BSP, etc.

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