Finance Controller

5 - 7 years

5 - 7 Lacs

Posted:12 hours ago| Platform: Foundit logo

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Work Mode

On-site

Job Type

Full Time

Job Description

Assistant Financial Controller

The core responsibilities of the Assistant Financial Controller (AFC) include ensuring the smooth day-to-day operation of the Finance department, overseeing and coordinating the month-end process, and maintaining compliance with financial regulations and Hilton's financial standards.

What will I be doing

As the Assistant Financial Controller, you will be responsible for performing the following tasks to the highest standards:

  • Team Supervision

    : Supervise and manage the daily operations of the Finance department, ensuring tasks are completed accurately and on time.
  • Account Reconciliation

    : Ensure the accuracy and propriety of all charges and credits, ensuring they are correctly recorded in the accounts and reconciled in a timely manner.
  • Balance Sheet Oversight

    : Oversee balance sheet transactions and ensure that all entries are accounted for, documented, and reconciled properly. Ensure compliance with local laws and regulations.
  • Financial Reporting

    : Review weekly bank reconciliations and monthly balance sheet analyses, preparing reports and schedules required by management and owners.
  • Month-End Closing

    : Ensure the month-end closing process is completed on time and accurately, including the preparation of required financial reports for review by the Director of Finance.
  • Compliance

    : Ensure that all policies and procedures comply with Finance Standard Practice Instructions (SPI) and local regulations.
  • Internal Controls and Audits

    : Implement and monitor the Internal Control Programme (ICP) and SOX compliance, performing regular audits as necessary.
  • Forecasting and Budgeting

    : Assist in the completion of financial forecasts and budgets as directed, providing commercial and financial information to assist in decision-making processes.
  • Audit Coordination

    : Assist in coordinating the internal and external audit process, ensuring smooth interactions and compliance.
  • Payroll Audit

    : Conduct payroll audits, if applicable, and ensure compliance with payroll procedures.
  • Tax Compliance

    : Ensure the hotel complies with local government tax regulations and submit taxes on time. Liaise with government authorities regarding tax matters, foreign exchange, and pensions.
  • Insurance Liaison

    : Maintain communication with local insurance companies to manage hotel coverage and address any issues.
  • Staff Development

    : Ensure timely completion of PDRs (Performance Development Reviews) and assist in the development of team members skills. Oversee training for Finance department staff.
  • Operational Support

    : Be hands-on in daily department activities, assisting team members and ensuring tasks are completed. Provide operational support to the Director of Finance / Financial Controller as needed.
  • Leave and Coverage

    : Coordinate departmental leave schedules and ensure adequate coverage for positions during staff absences.
  • Work Environment

    : Create a positive and efficient working environment, fostering productive work practices within the Finance team.
  • Internal Control Compliance

    : Ensure strict adherence to internal control procedures and communicate any potential weaknesses to the Director of Finance / Financial Controller.
  • Filing System Management

    : Maintain an up-to-date filing system for financial records and documents.
  • Risk Minimization

    : Ensure the department adheres to safety protocols and minimize the risk of accidents and workers compensation costs by promoting safe work practices.
  • Additional Duties

    : Carry out other reasonable duties as assigned by management.

What are we looking for

To successfully fill this role, the ideal candidate should possess the following qualifications and experience:

  • Education

    : A University degree in Commerce, Accounting & Management, or other related fields. A Finance/Accounting major and certification (e.g., ACCA, CPA) is preferred.
  • Experience

    : At least 5 years of relevant working experience in an operational accounting role, with previous experience in a managerial position.
  • Language

    : Fluency in English, both written and verbal, to meet business needs.
  • Technical Skills

    : Proficient in financial management systems (OnQ, Check SCM, SUN, OPERA/OnQ PMS, MICROS, HRLINK) and Microsoft Office applications.
  • Communication & Analytical Skills

    : Strong communication, interpersonal, and analytical skills, with the ability to manage multiple tasks and handle high-pressure situations.
  • Flexibility

    : Ability to work flexible hours, especially during month-end and year-end periods.

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