Director of Finance - Ad Lib Hotel Khon Kaen

3. Job holder Requirements
? Bachelor?s degree / higher education qualification / equivalent in Accounting and Finance
? 10 years? experience in hotel accounting or audit with at least one year in an Assistant Controller or similar supervisory role, or an equivalent combination of education and work-related experience
? Knowledge of accounting management duties e.g. negotiating hotel space and tenant leases; processing payroll; performing asset management duties; providing business projections, displacement analysis, preparing government reports, filing tax returns etc
? Professional accounting or finance designation or certification preferred.

Job Purpose
Direct hotel financial operations and ensure the security of hotel assets. Reporting on the financial state of hotel you?ll also make recommendations to improve hotel profitability. You?ll be the first point of contact for all hotel financial and accounting-related issues with owners, auditors (internal and external) and regulatory agencies.

2. Key Accountabilities
? Implement and maintain acceptable accounting practices as required by company policy and procedures
? Implement and maintain acceptable accounting practices as required by company policy and procedures
? Ensure financial control procedures and systems are ethical and legal
? Participate in local recognized professional and industry organizations
? Manage hotel contracts (example: vendor leases and/or service contracts)
? Other ad-hoc duties ? unexpected moments when we have to pull together to get a task done
? Use financial analysis, data trends and market information to anticipate needs, identify operating/financial issues, and recommend actions to maximize financial return
? Create the annual operating budget for the property and provide analytical support during budget reviews to identify cost saving and productivity opportunities for department heads
? Ensure all accounts are reconciled on a monthly basis and oversee the process of credit extension and collection of overdue accounts
? Review rates and recommend rate strategy to the General Manager; participate in sales strategy meetings
? Manage accounts payable to balance cash flow and reputation with suppliers
? Analyze ROI for capital projects prior to committing funds and, upon completion, determine if anticipated results were achieved
? Maximize cash flow performance of the hotel through controls on inventory (avoid excessive supply), credit and collection, disbursements, deposits and remittances
? Ensure accounting practices, support the guest experience through payment options (e.g. credit card systems, room charges), inventory controls and financial dispute resolution