Finance Manager at Magma Group Berhad

Our client “Magma Group Berhad (formerly known as Impiana Hotels Berhad)” is seeking a Finance Manager to join their company!

What you’ll be doing?

• Oversee all aspects of financial management, including accounting, budgeting, forecasting, cash flow management, and financial reporting for the hotel group.
• To ensure timely and accurate preparation of monthly, quarterly, and annual financial statements.
• To monitor and manage the financial performance of each hotel within the group, identifying areas of improvement and implementing corrective actions.
• Lead the annual budgeting process for the hotel group, coordinating with property managers and department heads.
• Implement and maintain robust internal controls to safeguard assets, prevent fraud, and ensure the accuracy of financial data.
• Coordinate with external auditors during audits and address any findings or recommendations.
• Conduct financial analysis to support decision-making, including profitability analysis, cost control, and capital investment evaluation.
• Provide financial insights and recommendations to improve operational efficiency and profitability.
• Monitor and analyze key financial metrics, such as RevPAR and GOP to ensure alignment with company objectives.
• Monitor cash flow across the hotel group, ensuring adequate liquidity to meet operational needs and capital expenditure requirements.
• Collaborate with hotel finance teams to ensure consistency and accuracy in financial reporting and compliance.
• Assist in the development and execution of long-term financial strategies to support the growth and sustainability of the hotel group.
• Any Ad-Hoc reports required by the management.
  

Who are they looking for?

• Bachelor’s degree in finance, Accounting, Business Administration, or related field.
• At least 5 years of experience in finance management, preferably within the hospitality industry.
• Strong knowledge of financial reporting standards, budgeting, and forecasting processes.
• Proficiency in financial software and systems, Excel, and financial modeling tools.
• Excellent analytical, problem-solving, and decision-making skills.
• Strong communication and interpersonal skills, with the ability to work collaboratively across departments.
• Ability to manage multiple priorities in a fast-paced environment.
• High level of integrity and commitment to ethical practices.
  

Ready to join this role? Apply now to submit your resume with date of availability and expected salary to us!

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