Assistant Financial Controller

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Job Description - Assistant Financial Controller

Stanford Hotel and Stanford Hillview Hotel are members of K. Wah Group. Stanford Hotel has 194 rooms. Located in Kowloon in one of the most colourful and vibrant areas of this lively, cosmopolitan city, the Stanford Hotel Hong Kong is well served by public transport. It is just a few minutes' walk to the MTR and MTR Mongkok East Station.

Stanford Hillview Hotel has 178 rooms with spectacular and comfortable hillview. We have upgraded and refurbished our guest rooms, hotel lobby and dining restaurant to cater the rapidly increased of guests and maximize our guests enjoyment during their stays. We are now looking for high motivated candidates to fill the following position:

Assistant Financial Controller

Report to:

  • General Manager
  • Financial Controller

Job Responsibilities:

Finance

  • Compile full set month-end closing management reports within specified time frame:
  • Consolidation, parent company and subsidiary monthly management accounts
  • Manage and track overheads by nature and function against budget and management reports. Understand, investigate the variances
  • Annual budget and full year report: Development of annual operating budgets and financial forecasts. Monitor actual performance against budgeted targets, identify deviations, and provide recommendations for corrective actions.
  • Monitor cash balance and maintain rolling cashflow forecast
  • Coordinate and manage requirements of company registry and licence renewal
  • Preparation and submission of annual tax returns
  • Audit and Compliance: Collaborate with internal and external auditors during financial audits. Ensure timely resolution of audit findings and implement corrective actions as necessary
  • Provided support and work with appointed auditors for annual external/internal audit.
  • Review Audit Reports and present to senior management
  • Credit Control on outstanding and credit facilities

Administration

  • To assist with the purchase request of furniture and fixture, equipment, stationeries, accessories, cleaning supplies, etc.
  • To process the annual maintenance contract renewal with DHs
  • Handle day-to-day administration and monitor the budget provision including repair and facility maintenance, annual fixed asset, year-end stock take, etc
  • Team Leadership and Development: Supervise and mentor finance team members. Foster a culture of continuous learning, professional development, and collaboration within the finance department.
  • Internal Controls and Compliance: Ensure compliance with financial policies, procedures, and regulatory requirements. Establish and maintain effective internal working procedures to safeguard the hotel's assets and mitigate financial risks
  • Other ad hoc duties as assigned

Projects

  • Project financials with payback in hotel renovation projects
  • Project financials for hotel feasibilities studies and business development studies
  • Project financials and analytical reports on ad hoc studies

 

Requirement:

  • Minimum 4 - 5 years of related experience
  • Diploma/Degree in Accounting / Finance or related discipline
  • Strong numeric sense and detail oriented is a must
  • Good command of both written and spoken English and Chinese
  • Matured, well organized, able to work under pressure and independently
  • Self-motivated, strong sense of responsibilities, and willing to learn
  • Good computer skills, including Excel, Words, Power point and Opera Accounting system

 

We offer:

  • Medical & Life insurance coverage including dependents
  • Dental coverage
  • Duty meal at Hotel Cafes/canteen
  • 50% Employee discount for personal entertainment
  • Free laundry (subject to business attire)
  • Easy-access location (TST MTR 8 mins walk)

 

We are an equal opportunity employer with offering excellent remuneration packages. Interested parties can apply by email with your full resume stating your expected salary send to [email redacted, apply via Company website] / Human Resources Department, 13-17 Observatory Road on Knutsford Terrace, Tsim Sha Tsui, Kowloon, Hong Kong or by clicking "APPLY NOW"

All Personal data collected will be treated in the strictest confidence and be used for recruitment purposes only. Applicants who are not invited for an interview within 1 month may consider their applications unsuccessful.

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