Financial Controller

FILINVEST COMPANY: GRAFIK PINE HOUSE BAGUIO

Position Summary: 

In accordance with the policies, procedure and standards of Chroma Hospitality and Grafik Pine House Baguio, as the Hotel Financial Controller, your role is crucial in ensuring the financial stability and success of the hotel. You will be responsible for managing the hotels finances, including budgeting, forecasting, and financial analysis. You will also oversee the hotels accounting department, ensuring that all financial transactions are recorded accurately and efficiently.

Scopes and Responsibilities:

• Prepares and submits accurate monthly management report to the corporate office in a timely manner
• Prepares , Monitors and Implements annual hotel budget
• As the custodian of the budget, you will collaborate with different EXCOM and HOD to flag and raise concerns immediately especially those that will directly impact the achievement of target revenue and expenses based on annual budget
• Ability to forecast revenue and expenses to ensure that the hotel is in line with committed monthly/annual budget
• Ability to properly analyze variances from budgets and recommend preventive and or corrective measures
• Cascades and trains employees about the whole transaction flow · Recommends on how to maximize resources and minimize costs
• Initiates proper implementation of new accounting rules, standards, and reporting requirements
• You are able to assess applicability of new SEC, BIR and other government and regulatory pronouncements or regulations, with initiative to seek proper consultations with tax or legal
• You will be presenting to management, implications, pros and cons, impact and options for application of new SEC, BIR and other government regulatory pronouncements
• You must be able to monitor proper implementation of policies and procedures and be able to identify internal control issues in a timely manner
• Review and approve audit reports and comments, and drafted audited financial statements
• Able to implement audit recommendations, audit issues, or dispositions for audit findings 
• Able to identify risks and propose possible courses of action based on validated reports/ numbers
• Present and communicate ideas and propose process improvements on fraud risk areas · Communication and leadership for risk management
• Capable of guiding and training Managers to develop skills in identifying and recommending
• Designs and implements comprehensive risk management plans tailored to specific projects or financial operations
• Ensures that the property is fully covered with insurance and policies are updated and coordinates with Insurance/Risk Department on coverage, appraisal and claims.

Qualifications: 

• Bachelor's degree in Accountancy or any related Accounting course
• licensed Certified Public Accountant
• Minimum of 5 years with the same or similar responsibility
• Minimum 5 years work experience in the hospitality industry
• Knowledge, familiarity and connection with different government and financial institution like BIR, BSP, etc.,