The Assistant Director of Finance/Director of Finance is responsible for leading and managing all financial activities at both the corporate level and across individual hotel properties. This role ensures compliance with accounting standards and financial regulations while driving strategic financial planning, operational efficiency, and long-term profitability.
The Assistant Director of Finance/Director of Finance plays a critical role in supporting executive decision-making, strengthening internal controls, and enhancing financial performance for the entire hotel group, ensuring that both corporate functions and property-level operations achieve their financial objectives.
Key Responsibilities:
- Oversee all financial operations, ensuring accurate accounting, budgeting, forecasting, and reporting across the hotel group.
- Prepare precise monthly, quarterly, and annual financial statements to support informed decision-making.
- Monitor each hotel’s financial performance, identify improvement opportunities, and implement effective corrective actions.
- Direct the annual budgeting process and collaborate with property managers to align financial plans with business goals.
- Implement robust internal controls to protect assets, prevent fraud, and ensure financial data integrity.
- Coordinate with external auditors and ensure timely resolution of audit findings.
- Conduct financial analysis to enhance profitability, cost efficiency, and operational effectiveness.
- Track RevPAR, GOP, occupancy, and other key indicators to align performance with company objectives.
- Oversee liquidity and working capital to support operational needs and capital investments.
- Work closely with hotel finance teams to ensure consistent reporting and compliance across all properties.
- Assist in developing long-term financial strategies to drive sustainable growth for the hotel group.
- Deliver ad-hoc financial reports and recommendations to support executive decisions.
Qualifications:
- Bachelor’s degree in finance, Accounting, Business Administration, or related field.
- At least 5 - 7 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.
- Shortlisted Candidate with Hotel Experience will be notified.
Job Type: Full-time
Pay: RM11,000.00 - RM13,000.00 per month
Work Location: In person