Finance Executive

**1.0 Job Summary**

The Finance Executive cum Income Auditor plays a vital role in maintaining financial integrity and ensuring the accuracy of revenue records. This role involves overseeing the daily income audit process, verifying revenue transactions, reconciling financial records, and supporting overall financial reporting. The position requires a high level of attention to detail, analytical skills, and an understanding of hotel operations and revenue systems.

**2.0 Duties And Responsibilities**

2.0.1 Daily Revenue Verification:
Review and audit the daily income and revenue reports, ensuring accuracy in recording room sales, food & beverage, and other service revenues.

2.0.2 Reconciliation:
Reconcile the revenue posted in the Property Management System (PMS) with the point-of-sale (POS) system, payment gateways, and cash receipts.

2.0.3 Compliance and Accuracy:
Ensure all revenue postings comply with accounting policies and procedures. Investigate and resolve discrepancies promptly.

2.0.4 Reporting:
Generate daily revenue reports and provide management with accurate summaries of revenue performance.

2.0.5 Support Internal Controls:
Monitor and implement internal controls to prevent revenue leakages or misstatements.

2.0.6 Accounts Payable and Receivable:
Assist with the processing and reconciliation of invoices, vendor payments, and guest accounts.

2.0.7 Financial Reporting:
Prepare monthly financial statements, variance analysis, and other reports for management review.

2.0.8 Budget and Forecasting:
Assist in preparing budgets, forecasts, and financial plans in collaboration with the finance team.

2.0.9 Cash Management:
Monitor cash flow and ensure the timely deposit of daily revenues.

2.0.10 Tax Compliance:
Ensure accurate calculation and timely filing of applicable taxes such as VAT, service tax, or GST.

2.0.11 System Maintenance:
Ensure the PMS, POS, and financial systems are updated and functioning effectively.

2.0.12 Audit Support:
Assist in internal and external audits, providing necessary documentation and analysis

2.0.13 Collaboration:
Work closely with other departments (e.g., Front Office, Food & Beverage) to understand and resolve operational and financial issues.

2.0.14 Policy Adherence:
Ensure all financial and revenue practices adhere to company policies and local regulatory requirements.

**3.0 Area of Responsibilities**

3.1 To supervise Storekeeper and Receiving Clerk perform their duties as per Hotel Policy & Procedure.

3.2 To protect hotel operating equipment and assets.

**4.0 Preferred Knowledge/Qualification/ Experience**
- Minimum in Diploma in accounting/hotel management
- Preferably at least 3 years working experience in cost control in a hotel industry.

**5.0 Financial Responsibility**

To ensure that daily hotel cost is correctly captured and recorded in the accounting ledgers. Various statistical reports are required to be prepared for to indicate and monitoring the daily cost status of the Hotel.

**6.0**Training and Development**

To attend internal and external training to enhance the job knowledge.

**7.0**Other Assignments**

To carry out any other duties assigned by the Management from time to time.

**Job Types**: Full-time, Permanent

Pay: RM3,500.00 - RM3,800.00 per month

**Benefits**:

- Additional leave
- Free parking
- Health insurance
- Meal provided
- Opportunities for promotion
- Professional development

Schedule:

- Monday to Friday

Supplemental Pay:

- Overtime pay
- Yearly bonus

**Experience**:

- Auditing: 2 years (preferred)
- Accounting: 2 years (preferred)

**Language**:

- English (required)