Financial Controller at Shangri-La's Hambantota Resort & Spa
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Shangri-La's Hambantota Resort & Spa is seeking candidate for Financial Controller position.

Job Summary

The Financial Controller provides direction and guidance in all areas of accounting and finance which includes the preparation of financial reports, credit control, purchasing, data management, food & beverage cost controls and the coordination of accounting activities.

Job Responsibilities 

• Ensures timely and accurate preparation of financial and management reports, in compliance with quality, standards, and objectives specified by Corporate Office, holding company and General Manager.
• Verifies and signs hotel documents to ensure proper processing, controls and authorizations.
• Ensures that all legal, contractual and licensing documents comply with the legal requirements of the country.
• Reviews potential risk exposures of Hotel and arrange with KPPI for insurance coverage in line with Corporate Office, holding company and legal requirements of the country.
• Consults with insurance brokers and Corporate Office on risk evaluation, adequacy and premium competitiveness of insurance policies.
• Ensures validity of policy periods and renewals.
• Reviews and incorporates disclaimer clauses in contracts, documents and accounting vouchers to limit Hotel’s liabilities.
• Ensures compliance of internal control standards specified by Corporate Office and holding company and recommends improvements.
• Documents and implements policies and procedures to ensure proper internal control in all operational and financial aspects of the hotel and company.
• Reviews accounts receivable, payable, payroll, store, front office cashiering, F&B cost control, purchasing, credit control and MIS procedures to ensure internal controls are adequate and effective.
• Manages the Finance personnel so as to maintain optimum productivity from them.
• Organizes, coordinates and plans the hotel’s annual budgets on time, for review by Corporate Office, PIC and/or the holding company.
• Prepares and coordinates with all divisions to complete annual Operating Budget, Capital Expenditure Budget and Special Repairs and Maintenance Budget, Cash Flow Budget and Marketing Plan.
• Controls and reviews actual performance and expenditures against budgets. Analyzes variances, recommends remedial actions to correct negative variances.
• Complies with tax authority regulations and laws.
• Assists internal and external auditors in the completion of their assignments.
• Prepares financial statements and supporting schedules for audit.
• Complies with due dates and payment terms of principal and interest.
• Administers the cash flow and treasury functions of the company to ensure smooth, efficient operation and meet investment and capital expenditure.
• Applies financial evaluation techniques to evaluate capital expenditures, investments, pricing strategies, operating projections.
• Participates actively in the monitoring and planning for the continual improvement of the Resort’s EMS.

Job Requirements

• At least 3-5 years experience as a Financial Controller in an international class hotel.
• University Degree or other relevant accounting professional qualifications.
• Ability to co-ordinate with key management team and motivate staff.
• Honest and sense of discipline.
• Stable employment records.