Financial Controller

Position Purpose

The purpose of the position:-

• Ensure Financial and Purchasing/Inventory management is properly carried out on a timely manner and complied with relevant authorities’ rules and laws.
• Oversee the day-to-day operations of finance team. Manage all accounting operations including purchasing, inventory control, AR, AP, General Cashiering, General Ledger, and payroll
• Maximizing the productivity and effectiveness of finance team
• Review and approve purchase orders
• Review and approve all payments including payroll
• Review and submit Capex request
• To implement and follow all the Head Office P&Ps and finance controls directed by the company.
• Ensure all guidelines and corporate governances are complied with
• Ensure all Financial reporting requirements are in accordance with the Accounting and Tax standards and relevant laws
• Oversee and maintain cashflow requirements
• Delivering robust and accurate budgeting, forecasting, and reporting processes and ensuring the accuracy of the P&L and Balance Sheet reconciliations
• Identifying, evaluating, and assisting/managing financial and operation risks
• Promoting and fostering a culture of continuous improvement, implementing processes and operation controls, identifying, and acting on opportunities for system and process improvement
• Audit and conduct spot checks on operational procedures to ensure policies are being followed
• Recommend control procedures to minimise risk of theft and fraud in the organisations
• Ensure the hotel maintains accurate records of company assets, inventories, balances, and reports.
• Reviews debit and credit entries to accounts pertaining to cash or credit transactions to determine whether funds were received or disbursed according to predetermined schedules, trust or investment department instructions, or instructions on customer account records.
• Liaise and coordinate year end audits with external auditors
• Prepare information required for the lodgment of annual income tax and Fringe Benefit Tax return, liaise and coordinate with tax agent to complete and submit the return within timeframe.
• Manage and renew insurance policies
• Support the Hotel Manager and Regional Director of Finance when required.
• Preparation of Monthly Reports together with BHGP Accounts
• Monitor Cash flow & all bank accounts under Head Office
• Liaise with Boon Siew Office on receiving of Dividends
• Prepare working paper on the payment of Dividends for Shareholders
• Liaise with Company Secretary for the Resolution for Issuing of Dividends
• Liaise with KPMG on the payment of Income Tax
• Any other task as & when required by the Management