Assistant Finance Manager
Inn&Go Kuwait Plaza Hotel (Previously Swiss Belhotel Plaza Kuwait)
Total des années d'expérience :11 years, 0 Mois
Manage team that performs accounts payable, accounts receivable, income audit, payroll and cashiering
duties.
Interview, recommend hiring, train, develop, empower, coach and counsel, recommend and conduct
performance appraisal and salary reviews, resolve problems, provide open communications and recommend
discipline and termination when appropriate.
Develop and maintain effective working relationships with all Departments.
Implementation and setup of front office, point of sale, Inventory and accounting systems.
Ensure the hotel maintains proper cash controls and sufficient cash balances.
Ensure payroll is accurately prepared and approved and processed on a timely basis.
Review all accounts payable batches for accuracy and correct general ledger coding; and ensure that weekly
check runs occur efficiently.
Oversee the purchases, inventory management & F&B costing.
Manage all capex purchase, fixed assets and associated depreciation
Maintain the Prepayments, Accruals and overall general ledger.
Prepare monthly closing journal entries, Execute Month end closing, Prepare balance sheet and profit and
loss schedules.
Ensure that all bank reconciliations and balance sheet reconciliations are completed on a timely manner.
Analyze and reconcile all general ledger accounts to ensure financial information is available and accurate.
Perform P&L analysis and make necessary adjustments prelude to closing the month.
Complete month end reports for Ownership and Management Group.
Organize monthly department meetings.
Supervise the daily accounting operations ensuring compliance with the SOPs, internal controls and all
federal, state and local laws and regulations.
Analyze and reconcile all general ledger accounts and bank statements to ensure financial information is
available and accurate.
Crucial role in the compilation and preparation of the annual budget and rolling forecasts.
Train, monitor and coordinate the implementation and maintenance of financial and cash controls and
information flow throughout the other departments in the hotel to ensure compliance, accurate records and
minimize liabilities, losses and expenses.
Resolve problems and ensure maintenance of the accounting systems and equipment to ensure smooth
operations.
Analyze and be familiar with supplier contracts, leases and rent reports and ensure hotel is in compliance
with hotel leases and management contracts.
Has a fiduciary responsibility to brand and management.
Assumes the responsibilities of Director of Finance in his absence.
Responsible for knowing critical functions within the department and capable of mentoring and assisting
employees within the department.
Staff management and development
Monitors compliance with generally accepted accounting principles and company SOPs.
Determines proper handling of financial transactions and approves transactions within designated limits
Review accounts payable batch and weekly check runs.
overseeing the Procurement procedures, verification of Inventory and F&B cost reports monthly.
Verify payroll with the coordination of HR including incentives, overtime, etc. and monthly accrual for
staff benefits & make journal entries accordingly.
Verify daily General cashier reports.
Checking petty cash expenses and reimbursement.
Oversee income auditing, receivables & debtors reconciliation.
Analyze transaction processes and identify areas where additional accuracies and efficiencies can be
achieved.
Closely maintains and monitors the fixed assets system.
Liaison with Banks.
Daily Bank Fund Monitoring, Preparing Cash Position and Reconciliation of Bank accounts
Assist with monthly forecast & annual budgets - prepare all allocations;.
Coordinate monthly closing process and reconciliation of general ledger accounts, preparing and submitting
Monthly P&L.
Preparation of consolidated financial statements and other Monthly reports.
Work with both internal and external auditors during operational and financial audits.
Maintain system of accounts and keep records on all company transactions and assets
Follow emergency procedures to provide for the security and safety of guests and employees
Implementation and setup of Inventory and accounting systems.
Responsible for govt tourism fee returns.
Accounts Payable:-Processing Invoices, Preparing timely payments.
Verification of petty cash batch and preparing payment of its reimbursement.
Review and process payroll and posting the entries.
Payments of approved staff settlements and posting the entries.
Handled other sessions such as income auditing, Account receivable as assigned.
Assisting FC for Month end & Year end Financial Closing and preparing statutory auditor's requirements
Overall accounting of the firm(mobile phone's trading) such as monitoring
purchases, controlling Inventory, daily audit of sales, reconciliation of cash & credit card payments.
Booking of accounts payable and process of Payments.
Prepare and process of monthly payroll and staff vacation/final settlements
Bank fund monitoring.
Preparation of P&L and other financial statements.
Audit coordination internal & statutory.
Visiting Clients and Auditing their Books of Accounts as per the guide lines from the
Chartered Accountant.
Auditing and Reporting Accounts of different kinds of Business Organizations such as SoleTrade,
Partnership and Manufacturing Companies.