Head of Account at Atelier Boutique Hotel

GENERAL JOB DESCRIPTION

• This role is responsible for all areas relating to financial reporting, developing and maintaining accounting principles, practices and procedures to ensure accurate and timely financial statements while the cost control role is in-charge of total cost and assets. Will monitor operations of the food and beverages department, Housekeeping, Facilities and main stores to ensure proper cost control is maintained. In order to help management to maintain a strict adherence to corporate budget while finding ways to increase company profits.

DUTIES & RESPONSIBILITIES

Accounting Responsibilities.

• Manage and oversee the daily operations of the accounting department including month and end-year process, accounts payable/receivables, cash receipts, general ledger, payroll and utilities, treasury, budgeting, cash forecasting, revenue and expenditure variance analysis, trust account statement reconciliations, check runs, fixed asset activity, debt activity
• Monitor and analyze accounting data and produce financial reports or statements
• Establish and enforce proper accounting methods, policies and principles
• Prepare standard operating procedures for the accounts department
• Improve systems and procedures and initiate corrective actions
• Establish and maintain fiscal files and records to document transaction
• Clearly communicate the progress of monthly/quarterly initiatives to internal and external stakeholders
• Obtain and maintain a thorough understanding of the financial reporting and general ledger structure.
• Ensure an accurate and timely monthly, quarterly and year end close
• Ensure the timely reporting of all monthly financial information.
• Liaise with government officials on any matter related to the company.
• Ensure all statutory deductions are remitted as when due.
• Ensure the accurate and timely processing of positive pay transactions.
• Ensure the monthly and quarterly Bank Compliance activities are performed in a timely and accurate manner.
• Supports budget and forecasting activities.
• Supervise the general ledger group to ensure all financial reporting deadlines are met.
• Assist in development and implementation of new procedures and features to enhance the workflow of the department.

Cost Controller Responsibilities

• The Cost Controller will work alongside relevant units in overseeing the cost control function for Atelier.
• Would analyze each department’s ordering and consumption patterns, and closely monitoring them to ensure that they adhere to the agreed budgets, costing and standards.
• Will monitor the performance of all departments, particularly food and beverage and housekeeping operations efficiently.
• Liaising with the purchasing team, as well as chefs, Food and Beverage Executive and Rooms division manager to ensure accurate costing for all operations.
• Should be actively involved in inventories and stock takings.
• Manage F&B, Housekeeping, store and Facilities department cost functions.
• Keep Track record of all cost issues in all departments.
• Develop cost report for CEO and relevant departments concerned.
• Support cost information for all concern departments upon request.
• Ensures requisition from every unit posted from store is classified into the right GLCOS in Sage accounting sage.
• conducting regular audits of F&B inventory books to identify variances and discrepancies.
• collaborating with the F&B team to implement cost-saving measures and optimize menu pricing.
• complementary meal analysis and revenue report.
• Preparing monthly financial performance review reports and cost analysis for management review.
• Preparing and forecasting yearly F&B sales budget-
• Preparing Full year report-
• Performs other duties as assigned.

EDUCATION & TRAINING

• At least a bachelor's degree in Accounting, Economics, Statistics or another related field.

KNOWLEDGE & EXPERIENCE

• At least 5 - 7 years managerial experience in similar role

SKILLS & ABILITIES

• Solid experience in star class hospitality environment/service apartments.
• Previous experience in Food and Beverage and other operational departments from a similar establishment is preferred.
• Familiar with hospitality accounting as well as operations.
• Ability to work flexible hours.
• Strong and confident personality coupled with the ability to work as part of a team.
• Good Knowledge of and experience with accounting and purchasing software.
• Good interpersonal skills
• Ability to communicate clearly and concisely.
• Analytical and driven to initiate new ideas or plans.
• Must possess an organized and methodical approach.
• A high level of accuracy and attention to detail.
• Good time management for meeting strict deadlines
• Ability to communicate well in both oral and written reports
• Proficiency in MS Office, Outlook, Word, Excel.
• Excellent knowledge in Opera and Peachtree.