Finance Manager

1 day ago

Kuala Lumpur, Kuala Lumpur, Malaysia WOLO HOTEL BUKIT BINTANG Full time 84,000 - 120,000 per year

Finance Manager is responsible for overseeing and managing all financial functions of hotel, ensuring financial integrity, statutory compliance, strategic planning, operational efficiency & protect company assets.

Key Responsibilities:

  • Overseeing the day-to-day accounting functions, including accounts payable, accounts receivable, and general ledger management.
  • Provide strategic financial direction to the General Manager and finance team.
  • Drive financial planning, risk management and cost control strategies to achieve business goals.
  • Represent the Finance Department in hotel meetings and support decision-making.
  • Preparation of management reports, financial statements and other financial related reports and correspondence
  • Analyze financial performance and provide regular updates to the General Manager and Corporate, Director of Finance.
  • To implement all necessary controls to safeguard the assets of the Hotel.
  • Ensure accuracy, timeliness and compliance of all financial reports.
  • Lead the annual budget process and monthly forecasting in coordination with department heads.
  • Track performance against budget and provide financial analysis and recommendations.
  • Monitor departmental expenditures and enforce budgetary controls.
  • Establish and monitor strong internal control systems and financial policies.
  • Ensure compliance with all relevant financial regulations, Malaysian tax laws, SST, Companies Act, accounting standards and hotel SOPs.
  • Authorize payments, payroll, and other financial transactions.
  • Monitor accounts receivable and payable to maintain financial health and accuracy.
  • Promote a culture of integrity, professionalism, and accountability
  • Provide financial insights for capex proposals, and commercial initiatives.
  • Work closely with the Front Office, F&B, and Operations teams on revenue optimization.
  • Ensure all licenses, contracts & agreements are securely intact and valid.
  • Ensure hotel systems (PMS, POS, accounting) are accurately integrated and updated.
  • Monitoring and managing the hotel's cash flow to ensure sufficient funds to meet operational needs and financial obligations.

Job Type: Full-time

Pay: RM7, RM10,000.00 per month

Work Location: In person

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