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Assistant Manager - Finance & Accounts
Job summary
A hotel management company in Kuala Lumpur is seeking an Assistant Manager Finance to oversee financial operations, ensuring accurate reporting and compliance. The ideal candidate will have a degree in Accounting or Finance, along with 3-6 years of experience in the hospitality industry. Responsibilities include preparing financial statements, managing accounts payable/receivable, and supervising junior finance staff. Strong analytical and communication skills are essential for this role.
Qualifications
- 3-6 years of accounting or finance experience, preferably in the hotel/hospitality industry.
- Familiar with accounting software and systems.
- Ability to supervise and guide junior finance staff.
Responsibilities
- Assist in preparing monthly financial statements and management reports.
- Oversee AP/AR processes and ensure accuracy.
- Monitor daily cash flow and assist in forecasting cash requirements.
- Support internal and external audit exercises.
- Prepare annual budgets and periodic forecasts.
Skills
Education
Tools
19d ago , from Idealseed Resources (Malaysia) Sdn Bhd
Job Description: Assistant Manager Finance / Accounts (Hotel Industry)
Department: Finance / Accounts
Industry: Hospitality / Hotel Operations
Role Summary
Supports the Finance Manager in overseeing the hotels financial operations, ensuring accurate reporting, proper controls, compliance, and smooth day-to-day accounting activities. This role plays a key part in financial analysis, month‑end closing, cost management, and audit coordination within a hospitality environment.
- Assist in preparing monthly financial statements, management reports, and variance analysis.
- Ensure timely month‑end closing, including reviewing journal entries, accruals, and reconciliations.
- Monitor revenue posting, adjustments, and ensure accuracy of the hotels financial data.
- Oversee AP/AR processes, ensuring timely payments, billing, and credit control.
- Verify supplier invoices, payment vouchers, and supporting documents.
- Ensure proper aging analysis and follow‑up on outstanding receivables.
- Monitor daily cash flow, bank balances, and cash transactions.
- Assist in forecasting cash requirements and managing working capital.
- Work with F&B and Operations to monitor cost percentages, wastage, and stock variances.
- Assist in conducting monthly stock counts and inventory audits.
- Ensure compliance with hotel cost control procedures.
- Maintain strong internal control procedures aligned with hotel industry standards.
- Ensure compliance with accounting policies, SOPs, taxation, and statutory requirements.
- Support both internal and external audit exercises.
- Assist in preparing annual budgets and periodic forecasts.
- Support analysis of revenue trends, departmental spending, and operational performance.
- Work with relevant departments to ensure accurate data entry into PMS (Property Management System) and POS systems.
- Support system improvements and process enhancement to increase efficiency.
- Supervise and guide junior finance staff on daily tasks and best practices.
- Liaise with other hotel departments (Front Office, F&B, Procurement, HR) to resolve finance‑related issues.
- Represent the Finance Manager in meetings when required.
- Degree/Diploma in Accounting, Finance, or related field.
- 3-6 years of accounting or finance experience, preferably in the hotel/hospitality industry.
- Familiar with PMS, POS, and accounting systems (e.g., Opera, IDS, SUN System, MYOB, SAP).
- Good analytical skills, attention to detail, and ability to meet deadlines.
- Strong communication skills and ability to work with cross‑functional teams.
* The salary benchmark is based on the target salaries of market leaders in their relevant sectors. It is intended to serve as a guide to help Premium Members assess open positions and to help in salary negotiations. The salary benchmark is not provided directly by the company, which could be significantly higher or lower.