Financial Manager
Radisson Blu
Total des années d'expérience :14 years, 9 Mois
(Capacity: 112 room+1 Restaurant +2 Banquets ) (Location: JEDDAH)
• Preopening Hotel experience, SAP Expert, Prepare SOPS, Budgeting, Forecasting, Monitoring, Controller overall Hotel operation, F&B, CAPEX, OPEX, Asset Manager, Sales and revenue monitor, AR, AP, GM vice Bank Reconciliation & GL. Managing Inventory,
• Controlling Consumption. Preparing Performance Review Report Month End, Preparing List of Requirements for Head office.
• Finalizing Trail balance. Post accruals, Prepayments, Management Fees, Intercompany Transactions,
• Expert in SAP (input of Revenues & statistics) SAP (Working in cost Centers to prepare the USAH reports for planning & Finance Module, Segmentation) SAP (Preparing all key figures & Ratio analysis) SAP (Making Forecast Comments) SAP (Making Monthly End Management Comments) Uploading CSV File in Planning & Finance Module in Sap. Verifying the Invalid combinations Forecast VS Finance, Preparing AVP comments finance part for Management. Compliance of Financial Reporting for Rezidor Hotel Group. Practiced Opera for working level & Management level, segmentations allocate revenue, REVGEN Team Member
• Handle full spectrum of financial and cost accounting role P. AR, AP, GL, forecasting, budgeting
• Responsible for day-to-day finance and accounts operations
*Develop and improve team Department skills and performance through specific plan
• Perform full set of accounts and ensure timely closing of accounts.
*store ensure and match balances as cost control implementing
• Perform cost forecasts/budgets, cost tracking, monitoring and controls.
• Responsible for timely monthly consolidated financial statements, payments, cash-flow
management reporting for submission to HO .
• Review & approve payment vouchers & journal entries
• Perform cash flow forecasting, budgeting and working closely with the operations and project
teams in analyzing margins, variances and cost analysis.
• Issue project cost reports for review and approval.*vice GM and operation manager
• Develop and maintain internal control and effective accounting system and policies for the set up.
• Support GM in ensuring that intercompany cost allocations are in line with management
agreements and policy
• Establish and maintain systems for cost-sensitivity analysis and early-warning of cost-overruns
• Work consultatively with the respective departments on cost reduction initiatives
*Previous experience with the PeopleSoft system and civil soft, sunsystem, SAP system, forecasting, budgeting
• Preparation and presentation of monthly &quarterly annual financial statements (balance sheet, income statement, statement of changing in equity, cash flow statement) and miscellaneous reports
-Following & confirming companies debit balances and follow payment, prepaid and accrual expenses, income daily to annual analysis, fixed assets depreciation follow
• Prepare reconciliations of Bank statement, Account payable and Account receivable periodically
• Prepare and review budget, revenue, expense, payroll entries, invoices, and all other accounting documents..
* Effectively control the Food & Beverage Cost and Prepare monthly F&B cost report and month End
* Daily Import of Micros Sales to Materials Control system and tally all end of shift reports generated from all POS Daily done Cash Audits in Outlets & Cost Vs Sale reports
* Check the menu pricing on the POS systems and ensure the correct prices are loaded
* Check the cost of sales in all F&B outlets and ensure that the costs are within budget
* Control the Food and Beverage outlets in terms of wastage, pilferage, and efficiency.
* Check and verify voids, discounts, happy hours disc, complimentary, staff meals, special discount, package meals in the POS systems
* Spot check on the receiving department to ensure that the scales are correct, and goods are checked for quality
* Observation on Electricity, Water & Gas consumption records on daily basis
* Check and ensure that no material is issued out from the store without requisition or approval.
* Create/update recipes (food, beverage, special costing) and link Micros to sys
* Reduce Spoilage by monitoring and using better stock movement.
* Monitor all policy & procedure to ensure compliancy.
*Highlight any potential challenges or opportunities to improve profitability to Management Conduct trainings *Ensure store items are checked regularly on expiry and
* Responsible to maintain the Menu Pricing, Consumption and POS systems
* Coordinate with restaurants, banquets, stores to sort out issues pertaining to kitchen.
* Analyze revenue and expenditure and recommend appropriate budget levels, and ensure expenditure control
*Manages the budgeting and forecast annual profit, capital, cash and other short-term plans.
*Analyses the food and beverage cost
Food and Beverage purchases and containers, F&B kitchen requisitions and issuing, Costs all transfers and F&B banquet accountability for every banquet separately
Analyze financial discrepancies and recommend effective resolutions.
Respond to accounting inquiries in time *Provide guidance to other Accountants once needed.
Assist in auditing activities by providing necessary information and preparing requested documentations.
plus reg duties
(Capacity: 544 room+2 Restaurants) (Location: AlMadina).
Job duties:
preparing the daily sales room revenue plus food and beverage revenue including main restaurant, café, lobby bar, outside catering, plus other revenue
- Responsible for all daily income and expenditure of the Hotel
-Following FF&E, city ledger, confirming companies cover letter and follow payment, prepaid and accrual expenses, income daily to annual analysis, interface and posting to sun system, fixed assets depreciation follow
- On a daily basis, verify that the daily-created Opera night audit spool files are working correctly and closely audit the trial balance Verify that there are no control sums for Guest Ledger, City Ledger and Deposit Ledger -Report any discrepancies to the Assistant Controller and investigate the differences
- Sort and file all back up received in the night audit file/box from night receptionist Read the night handover log and action if applicable Lease closely with night audit and review night audit work daily for accuracy
- Work closely with Front Office (FO) and Food & Beverage (F&B) to ensure postings are accurate and any discrepancies are resolved in a timely manner
- Create, review daily Revenue Report (DRR) for management by 09:00 AM
-Review all rebates and allowances and ensure they are properly authorized and to report all deviations from prevailing policies and procedures;
- Verification of sales from Rooms, Food and Beverage and other Operational Departments and rectify any discrepancies;
- Ensure timely preparation and distribution of daily revenue and statistics report
-Post all transactions in the revenue rebate and allowance journal and any adjustments after sales receipts are confirmed;
- Verification of all Food and Beverage discounted checks are justified, properly recorded into POS system and to prepare utilization report for Management
Plus reg duties
posting accounting entries and closing, settlement-closing statement preparing final statement at the end of the financial year
-preparing taxes report so that the company can pay the governmental taxes.
Bachelor of commerce