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Assistant Financial Controller

Assistant Financial Controller

Alliance Recruitment Agency

Badr Ḩunayn, Al Madinah, Saudi Arabia

Created date: 2024-06-07
Valid upto: 2025-03-10

PRIMARY FUNCTION

The Assistant Financial Controller is responsible for the setting up and the successful and efficient management of the Finance Department. The responsibilities include the sourcing and implementation of a cost effective and streamlined accounting system,

 

 

ACCOUNTABILITIES

  • Compiles and analyses financial information to prepare entries to accounts, such as general ledger and documenting business transactions
  • Preparing periodic financial statements, including profit and loss accounts, budgets, cash flows and variance analysis
  • Verify contracts, orders and vouchers to substantiate individual transactions prior to the preparation of the payments
  • Responsible for the reconciliation of daily takings and banking and reconciliation of all front office ledgers
  • Process payroll, including the inputting of timesheets and providing management reports
  • Collection of account receivables on a timely basis and providing management reports
  • Assisting in the key strategic decision making and formulating business strategies
  • Implementing corporate governance procedures, risk management and internal controls
  • Contributing to medium and long term business planning and budget preparation
  • Advising on the financial implications and consequences of business decisions
  • Interpreting and communicating financial data to non-financial managers
  • Monitoring and evaluating financial information systems
  • Perform internal audits as required and supply timely feedback on any likely internal control weaknesses or risks.

 

ESSENTIAL DUTIES AND RESPONSIBILITIES PRE OPENING MANAGEMENT

  • Develop and implement a Finance pre-opening plan including budget
  • Take responsibility for all pre-opening financial systems
  • Prepare departmental manning guide and employment deadlines together with the Human Resources Manager
  • Prepare Standard Operating Procedures for finance
  • Plan, organize and facilitate all pre-opening finance activities
  • Participate in staff induction and pre-opening training

 

 

ADMINISTRATIVE RESPONSIBILITIES:

 

  • Conducts department’s meeting to ensure smooth operation and management of the

department.

  • Manages the department to ensure sufficiency of manpower in accordance to volume of business.
  • Establishes two-way communication within and related departments.
  • Communicates effectively with guests, subordinates, and supervisors.
  • Manages time effectively by meeting deadlines on time.
  • Identifies and solves problems in a professional manner.

 

 

TECHNICAL RESPONSIBILITIES:

 

  • Knows and understands the job description of all positions in the Department and be aware of others.
  • Awareness and understanding of departmental policies and procedures and be aware of others.
  • To be responsible for good quality when employee presenting and delivering products and services.
  • Checks and improves all service standards established by the company.
  • Supervises employee activities to maximize revenue and minimize costs.
  • Provides assistance to the employee when required during peak periods.
  • Maintains grooming standards for all personnel.
  • Conserves energy and water at all times by not degrading guests’ comfort.

•           Manages wastes by reducing and recycle the wastes, change staff behaviour to carefully use of resources.

Qualification :

Bachelor degree

Primary Responsibilities :

EDUCATIONAL QUALIFICATION         

Bachelor / Master Degree of Finance / CA /Commerce / Accounting Business Administration or related field, Diploma in Hotel management or a related field.

EXPERIENCE  

  • Must have a minimum of 7 years of progressive managerial experience in a five star resort or hotel.
  • Must have good knowledge of Hospitality Accounting Procedure
  • Must be used to working to tight deadlines, delivering results, showing high analytical skills and effectively managing and leading a team.
  • Must have thorough knowledge sales and marketing.
  • Developing strategies, sales plans and profit targets.
  • Must be confident in all elements of forecasting.      

LANGUAGE SKILLS    

Good command of English language and communicates well in written documentation and oral speech.

Location

: Alliance Recruitment Agency

: 1 To 5 Years.