FINANCIAL CONTROLLER
RADISSON BLU HOTEL,DHAHRAN
Total years of experience :32 years, 6 Months
Responsibilities:
a) Pre-Opening
As part of the Pe-Opening team I was responsible for managing the financial activities, follow up on Critical Path tasks relating to Finance Area like selection of Suppliers, preparing and monitoring the Pre-Opening Budget, compiling Accounting Policy Procedures, setting up Internal Control Systems and Computer Systems in accordance with the Group Policies and GAAP, hiring staffs for the department, preparing Job Descriptions and Work Schedule, Initiating the Printing and Stationery Orders etc.
b) Operation
Responsible for all hotel accounting and financial controls under the supervision of the General Manager, under functional guidance of the Corporate Controller, according to Corporate policies and procedures and according to local requirements and regulations. Maintaining accurate and timely financial and operating information and provides analyzes, interpretations and projections to management as required. Assists and provides financial guidance in the formulation and implementation of the business plan, hotel and departmental budgets & forecasts and manage relevant budgets appropriately.Monthly financial reporting with analysis on deviations against forecast and budget. Managing Internal & External Audits and finalisation of Financial Statements.
This hotel is under Pre-Opening stage.As part of the Pe-Opening team I am resposnible for managing the financial activities, Preparing and monitoring the Pre-Opening Budget, compiling Accounting Policy Procedures, setting up Internal Control Systems and Computer Systems in accordance with the Group Policies and GAAP, hiring staffs for the department, preparing Job Descriptions and Work Shcedule, Initiating the Printing and Stationery Orders, Selection of Suppliers, Preparing the Post Opening Budget and Five Year Plan.
Responsibilities:
Being transferred from Golden Tulip to assisst the Area F.C, in addition to the responsibilities of assissting the operational issues, managing the finacial activities of the Hotel, Management and Owning company reporting etc as Asstisstant F.C. I handled the responsibilities of Financial Controller and Area Financial Controller during his absence.
Main Achievements:
I was able to sort out many outstanding accounting matters related to two major franchise outlets outside the hotel incorporated to Holiday Inn Al Khobar, Control over Recievable ageing, brought down the DSO from 26 to 23, Smooth operation of Inter and Owning Company dealings, meeting the schedules of reporting and exsternal audits, successfully managed the audits without any major issues.
I was responsible for:
All the financial operations, accounting and financial controls of the Hotel. Management Reporting, analysing, budgeting, Designing of internal reporting systems, implementing and maintaing policies and procedures of the group, managing internal and external audits.
Main Achievements include:
Was part of the pre opening team and Successfully implemented all the internal control measues that apply to accounting procedures and computer systems as per the Group Policies and GAAP. Was able to support for all the reports required by the group for IPO.
Supervising the financial operations of the Hotel and the outlets out side the hotel, preparing and analysing management reports, financial statements and managing audits.Played a key roll in implementing all control and accounting systems and softwares for the new outlets and the hotel.
Verifying daily reveue and making Daily Management Reports, Passing Journal Entries for Reveues, Expenses, Purchases, Receipts, Deposits, Withdrawals, Payments, closing and adjustments. Preparing and verifying Payroll, Leave and final Settlments. Verifying and reconciling Bank Accounts, H.O./Branch Debtors and Creditors Accounts.Making Monthly and Yearly Financial Reports with analysis and comparison, Making Final Trail Balance and reports needed by auditors.Dealing with auditors for Interim and Final Audits.Controlling Point of Sales.Co-ordinatng works of different Locations with Juniour Accountants .Preparing Budgets.
File Keeping, Controlling Petty Cash & Voucher making (as Purchase, Purchase Returns, Sales, Sales Returns, Debit Notes, Credit Notes, Receipts, Payments, Journals, Deposits, Withdrawals, Transfers, adjustments, closing etc.)
Voucher Posting / Entering.
Handling all Books of Accounts i.e. Day Book, Cash Book, Journal Book,
Purchase Book, Sale Book & Ledgers.
Reconciliation of Bank, Debtors/Creditors, H.O./Branch/Plant and other Accounts with final adjustments.
Internal and Branch/Plant Auditing.
Preparation of Wages, Salaries, E.S.I. & P.F.
Dealing with Government Departments.
Preparation of Trial Balance, Trading Profit & Loss Account and
Balance Sheet.
Dealing with Auditors.
Preparation of Income Tax Details for Tax Audit & Assessment.
Preparation of Sales Tax Return & Assessment.
Preparation of Returns of Excise, P.F. & E.S.I.C
File Keeping, Controlling Petty Cash & Voucher making (as Purchase, Purchase Returns, Sales, Sales Returns, Debit Notes, Credit Notes, Receipts, Payments, Journals, Deposits, Withdrawals, Transfers, adjustments, closing etc.)
Voucher Posting / Entering.
Handling all Books of Accounts i.e. Day Book, Cash Book, Journal Book,
Purchase Book, Sale Book & Ledgers.
Preparation of Wages, Salaries, E.S.I. & P.F.
Dealing with Government Departments.
Preparation of Income Tax Details for Tax Audit & Assessment.
Preparation of Sales Tax Return & Assessment.
Preparation of Returns of Excise, P.F. & E.S.I.C
It is a Post Graguate Diploma in Finance Management consisting of Management Control Systems,International Financial Management, Management of Financial services, Working Capital Management & Capital Investment and Financing Decisions.
Optional Sugjects: Business Statistics, Business Organisation & Management, Business & Managerial Economics, Accountancy, Company Administration, Mercantile Law and Industrial Law, Advanced Accountancy, Auditing, Marketing and Sales Promotion, Banking Theory and Practice. Elective Subject : Cost Accounting Two Papers.
