Finance and Accounting Senior Specialist

This is a great opportunity to join a growing hospitality company and take on a key role supporting financial statement consolidation and multi-entity accounting operations. The position is based onsite in Makati.

Company Profile:

Our client is a privately-owned regional hotel group established in 2010, the company operates within Asia's growing budget hotel sector.

The company owns and operates multiple hotels across the Philippines and Thailand.

Its properties utilize a robust and scalable technology platform that supports efficient reservations and provides customers with local attraction guides. The company offers stylish budget accommodations, with properties centrally located and equipped with high-speed Wi-Fi.

Duties and Responsibilities:

General Leger Management and Period Close

• Manage the general ledger and ensure all financial transactions are accurately recorded, properly classified, and supported by complete documentation.
• Lead the month-end, quarter-end, and year-end closing process, including journal entry review, accruals, prepayments, depreciation, intercompany entries where applicable, and cut-off validation.
• Ensure the chart of accounts, cost center structure, account mapping, and reporting hierarchies remain accurate and aligned with business, statutory, and group reporting requirements.
• Review account reconciliations, schedules, and closing files to ensure all balance sheet and P&L accounts are fully supported, investigated, and cleared on a timely basis.
• Maintain closing calendars, checklists, and service level expectations to ensure timely completion of deliverables across the accounting team and shared stakeholders.
• Monitor unusual entries, aged balances, unsupported reconciling items, and posting errors, and ensure prompt corrective action.
• Ensure accounting records and working papers are organized, complete, and readily available for management review, audit, tax examination, and group reporting.

Financial Reporting, P&L Preparation, and Analysis

• Prepare and/or review accurate monthly, quarterly, and annual financial statements, management reports, schedules, and reporting packs.
• Ensure timely and accurate preparation of the P&L, balance sheet, cash flow support schedules, and related notes or analytical schedules required by management and group reporting.
• Perform variance analysis against budget, forecast, prior period, and prior year, and explain key movements in revenues, payroll, operating expenses, fixed costs, and other material line items.
• Validate revenue, cost, and expense recognition to ensure compliance with accounting standards, company policies, and period cut-off requirements.
• Coordinate with operations and department heads to explain financial results, validate accruals, and improve the quality of submitted information affecting the financial statements.
• Support preparation of board, owner, or regional reporting materials by providing accurate financial data, schedules, and commentary.
• Ensure all submitted reports are internally consistent, mathematically accurate, and aligned with ledger balances and approved adjustments.

Financial Statement Consolidation

• Execute monthly FS consolidation across all Group entities, in close coordination with the Finance and Accounting Manager, including intercompany eliminations, minority interest, investment-in-subsidiary eliminations, and FX translation between functional and presentation currencies.
• Prepare consolidation adjustments — including purchase accounting entries, goodwill, and equity pickup for associates/joint ventures where applicable — for review and approval by the Finance and Accounting Manager.
• Support the Finance and Accounting Manager in maintaining the consolidation calendar and ensuring monthly consolidated FS are completed within the Group’s reporting deadline, immediately following entity-level book close.
• Work jointly with the Finance and Accounting Manager to clear the outstanding FS consolidation backlog (current period: March–June 2026) within the timeline agreed with the Sr. Director of Finance and Accounting.
• Support the transition of consolidation and controllership deliverables from the external audit/outsourced provider to an internal, sustainable process, including documentation handover, methodology alignment, and knowledge transfer.
• Assist in building consolidation scope and templates to onboard new entities as the Group’s portfolio grows.
• Provide support in completing other General Ledger tasks to ensure timely completion of ledger close, consolidation, and account reconciliation.
• Support the maintenance of the Financial Reporting Control Framework, including Risk and Control Matrice