Financial Controller at Hunza Serena Hotel

The Controller of every SERENA HOTEL has a dual responsibility. He is responsible, on the one hand, directly to the General Manager of the Hotel in the administrative capacity of a Department Head, while on the other hand; he is responsible directly to the Director of Finance Operations in the functional capacity of the Corporate Office’s representative in the hotel.

Generally speaking, to meet his responsibilities, the Controller must ensure that the entire staff of his department is organized to work as effectively as possible, within the framework of the rules and regulations of the hotel as established by the General Manager and TPS (P)
Company Policy. In a case where the General Manager and the Controller are not able to come to a mutually satisfactory agreement, reference should be made to the Corporate Office directly

• To maintain a system of accounts and controls that will provide the accurate and reliable data, necessary for all required hotel accounting reports and statements and at the same time, provide and maintain an effective control over the assets, revenues, and costs of the hotel.

• To ensure on the outgoing basis the implementation and monitoring of the TPS (P) Accounting Policies and Procedures Manual.

• The hiring, terminating, and recommendation of salary and wage rates including increases, hours of duty, and the day-to-day conduct and department of all of the employees who are under the Controller’s Control. The accounting staff includes, without exception, the following personnel:

• All Accounts Office staff which includes:
• Main Accounts
• Payables
• Credit
• Cost Control
• IT
• All night audit staff.
• All receiving and store room personnel.
• Food and Beverage Cost Control Department
• The Credit Manager (when not combined with the job of Accounts Receivable Supervisor) will not ordinarily come under the direct
supervision of the controller but will be responsible to the General Manager. Since it will be necessary for the Credit Manager to work closely in conjunction with the accounting department, the General Manager may, at his discretion, place the Credit Manager under the
jurisdiction of the Controller. However, overall responsibility for credit control remains with the General Manager.
• The setting up and maintenance of a system of internal controls and checks which will provide the most effective control over the hotel’s assets, revenues, and costs and the timely, accurate, and reliable financial reporting of operating results following instructions
prescribed by Company Policy (all accounting records must be maintained in the manner prescribed by Company Policy).
• Ascertain that all credits allowed are properly authorized and are by company policy.
• Ensure that all debts are promptly collected, and where necessary in consultation with the General Manager, initiate recovery procedures.
• Compliance by the Controller and his department with all standard instructions comprising Company Policy.
• Compliance with all laws and fiscal regulations of the country of location (which affect the financial matters of the company). If this compliance should result in non-compliance with Company Policy, the Corporate Office should be advised so that proper action may be
taken. This includes the responsibility for seeing that proper permits and licenses are obtained for such things as importations and currency transfers.
• The safekeeping and updating of all leases and contracts and any other legal records and documents, which may affect the financial status of the Company.
• Ensure that local tax matters, including both income and other taxes, are properly handled. This includes the responsibility for the proper deductions and remittances of all payroll taxes.

Designation:  Financial Controller

Number of Position (s):1

Overall Professional Experience (Yrs): 12 – 15