Holiday Inn Express And Suites Hiring! Full Time Finance Manager in Johor, Earn up to MYR 10,000 - Ricebowl

The Finance Manager is responsible for managing and overseeing the hotel's financial operations, ensuring accurate financial reporting, effective cost control, compliance with company policies and statutory requirements, and sound financial management.

The position works closely with the General Manager and Heads of Departments to provide financial analysis, business insights, budgeting support and recommendations that contribute to the hotel's profitability and overall business performance.

KEY RESPONSIBILITIES

1. Financial Management & Reporting

• Oversee the day-to-day financial and accounting operations of the hotel.
• Ensure accurate and timely preparation of monthly financial statements and management reports.
• Review revenue, expenses, assets, liabilities and cash flow to ensure financial accuracy.
• Monitor the hotel's financial performance against budget, forecast and previous periods.
• Provide financial analysis and recommendations to the General Manager and management team.
• Ensure proper maintenance of accounting records and supporting documentation.

2. Budgeting & Forecasting

• Lead the annual budgeting process in collaboration with the General Manager and all Heads of Departments.
• Prepare and monitor departmental budgets, forecasts and financial projections.
• Analyse budget variances and work with HODs to identify corrective actions.
• Monitor payroll, operating expenses, capital expenditure and other major cost areas.
• Support management in developing financial strategies to improve profitability.

3. Cost Control

• Monitor hotel operating costs and identify opportunities for cost savings and efficiency improvements.
• Review food and beverage costs, labour costs, purchasing costs and other operational expenses.
• Work closely with the Executive Chef, Purchasing and F&B teams on food cost and inventory control.
• Ensure proper controls over inventory, stock movements, purchases and consumption.
• Monitor utilities and other major hotel expenses.

4. Revenue & Income Control

• Ensure proper controls over room revenue, F&B revenue, other operating revenue and cash collections.
• Review daily revenue reports and investigate discrepancies where required.
• Ensure proper reconciliation of cash, credit card, online payments and other payment channels.
• Monitor accounts receivable and ensure timely collection of outstanding balances.
• Ensure proper control over complimentary, house-use, rebates, allowances and adjustments.

5. Payroll & Labour Cost

• Review monthly payroll and ensure accuracy of salary, allowances, overtime, deductions and statutory contributions.
• Monitor payroll expenses against approved manpower budgets.
• Work closely with HR to ensure payroll-related controls and procedures are properly followed.
• Analyse labour productivity and manpower costs and provide recommendations to management.

6. Internal Controls & Compliance

• Ensure compliance with company financial policies, hotel standards and internal control procedures.
• Maintain effective controls over cash, assets, purchasing, payments and financial transactions.
• Ensure compliance with applicable Malaysian accounting, tax and statutory requirements.
• Coordinate and support internal, external and statutory audits.
• Ensure audit findings are properly addressed and corrective actions are implemented.

7. Accounts Payable & Receivable

• Oversee accounts payable and ensure invoices are properly verified, approved and processed.
• Monitor vendor payments and maintain proper payment schedules.
• Oversee accounts receivable and credit control.
• Review outstanding balances and follow up on overdue accounts.
• Ensure proper reconciliation of supplier and customer accounts.

8. Cash & Banking

• Monitor hotel cash flow and daily cash position.
• Ensure proper banking and cash handling procedures are followed.
• Review bank reconciliations and investigate discrepancies.
• Maintain appropriate cash management and payment controls.

9. Inventory & Asset Management

• Oversee periodic physical stock counts and inventory reconciliation.
• Ensure proper recording and control of hotel assets.
• Monitor inventory variances, wastage, damages and write-offs.
• Work with relevant departments to improve inventory management and minimise losses.

10. Team Leadership

• Lead, coach and develop the Finance team.
• Allocate responsibilities and ensure effective workflow within the department.
• Monitor team performance and provide guidance and feedback.
• Ensure Finance team members comply with hotel policies, procedures and internal controls.
• Identify training and development opportunities for team members.

11. Business Partnering

• Work closely with the General Manager and HODs to understand operational performance and financial challenges.
• Provide financial advice and data-driven recommendations to support business decisions.
• Participate in management meetings and provide updates on financial performance.
• Promote financial awareness and cost-consciousness across all departments.

Pay: RM8,000.00 - RM10,000.00 per month

Benefits:

• Additional leave
• Cell phone reimbursement
• Dental insurance
• Flexible schedule
• Free parking
• Health insurance
• Maternity leave
• Meal provided
• Opportunities for promotion
• Parental leave
• Professional development
• Vision insurance

Work Location: In person