finacial controller
Ajman Hotel
Total years of experience :13 years, 7 Months
• Implemented all necessary control to safeguard the assets of the Hotel.
• Prepared and interpreted the financial statements and reports of the Hotel.
• Provided financial information to management as tools for maximizing profits and planning for the future, reports which stimulate management action.
• Maintained proper and complete records of the Hotel.
• Ensured the accounts, records, and transaction of the hotel are accurate and correct at all times.
• Compiled together with other department heads, budgets and forecasts covering all activities of the Hotel Compile treasury, Cash Flow forecasts for the business.
• Ensured that the established controls and procedures in respect of the controller’s area of responsibility are being compiled with all times.
• Ensured that the Hotel’s computer systems and their software are fully utilized, well safeguarded and properly maintained.
• Implemented future changes / addition to the electronic data processing systems of the Hotels.
• Ensured that the hotel complies with the established credit and collection procedures, with particular attention to front office, group and meetings / banqueting processes.
• Prepared foreign remittance documents, and negotiation with banks for better conversion exchange rate.
• Gathered and presenting key data like MIS, Investment plan to the Board of Directors Ensuring that all financial controls for the division are met and adhered to at all times
• Responsible to support and liaise with the General Manager & senior management.
• Develop, streamline and enhance financial management and reporting processes.
Manage the processing of all contract and other income and disbursements.
• Prepares periodical trial balance, profit and loss and balance sheet and annual financial statements and reports in accordance with IFRS.
• Prepares intercompany reconciliations with subsidiaries.
• Ensures financial and business related legislative compliances are met.
• Analyses financial results, including corrective actions to address adverse performance.
• Provides timely and robust financial analysis to support business decision-making.
• Assists in contract pricing strategy and service costing framework.
• Oversee 06 month rolling P&L and cash flow.
• Manages and oversees the budgeting process including effective planning, guidelines and assumptions.
• Development of appropriate tools, assumptions and risks analysis.
• Reviews and develops effective and robust financial policies and control procedures.
• Develops risk management strategies and processes.
• Ensures internal controls and systems are effective and efficient.
• Reviews and where ever appropriate, develops and implements information systems to meet organization’s needs, including financial system and Client information/Contract management system.
• Develops and maintains effective communication and positive working relationships with the internal and external stakeholders.
• Actively manages Finance Team members, in accordance with the organization’s HR policies and processes, seeking specialist advice from HR Team as required.
• Ensures that all Finance Team members are supported to maintain excellence in service delivery and have opportunities for professional development.
• Coordinate with external and internal auditors to ensure that audits and reviews are carried out effectively and all audit / review comments are discussed and appropriately closed.
• Handel all operational work in finance department.
• Monthly Book closure in co-ordination with Head Office.
• Reconciliation of Inventory.
• Monthly Trial Balance review and analysis. Comparison in actual & budgeted expenses.
• Co-ordination with Auditors for Audit points issues.
• Review of various type of reconciliation-Cash/Bank/Credit Card.
• Resolving Accounting and ERP issue related to it.
• Improvement in process related to accounting.
• Monthly review of advances & receivables.
Handel all activities in Accounts Department as Daily Accounting Entry, Controlling of Bank Finance, Fund Planning, Vendors Payments, Quarterly provisional Balance Sheet, MIS Reporting, Prepare CMA data, Coordination with Auditors and other departments, Finalization of Annual Accounts, Review of financial ratio/ result. Working on ERP.
Handel accounts & Audit assignment of various company.