Financial Controller

Mercure North Melbourne  + Macedon Ranges Hotel & Spa are seeking a property based Financial Controller who is detailed orientated, committed, reliable and highly efficient.

Reporting to the Area General Manager, you will work independently and manage the day-to-day operation of the accounting office providing financial leadership to the business.

Primary responsibilities include financial analysis and financial reporting, budgeting/forecasting, accounts receivable, accounts payable, audit and control, asset and liability reconciliation, working capital and cash control. You ensure that the internal financial control systems are in place per the property requirements through implementation of existing policies.

Other key responsibilities include but not limited to;

• You will be responsible for the monthly forecasts and preparation of the annual budgets for the properties as well as managing the cash flow and the cash float issuance of the hotel.
• Utilising the Opera property management system and the POS system, the Financial Controller ensures that all property finances are maintained in an accurate and timely manner.
• Analyses forecasts sales against expenses and creates annual budget plans.
• Analyses differences between actual budget wages and forecasted wages for more efficient budget planning.
• Assist the Area General Manager Manager to operate efficiently and effectively by providing accurate, relevant and timely reports (both financial and general) within company guidelines.
• Identifies the underlying principles, reasons, or facts of information by breaking down information or data into separate parts.
• Thinks creatively and practically to develop, execute and implement new business plans.
• Creates the annual operating budget for the property.
• Provides analytical support during budget reviews to identify cost saving and productivity opportunities for property managers.
• Implements a system of appropriate controls to manage business risks.
• Ensures a strong accounting and operational control environment to safeguard assets, improve operations and profitability.
• Analyses financial data and market trends.
• Provides on going analytical support by monitoring the operating department's actual and projected sales.
• Produces accurate forecasts that enable operations to react to changes in the business.
• Monitor and control the cash flow for the Hotel.
• Ensure the cash handling policies and procedures of the Hotel are strictly adhered to.
• Effectively process and maintain accounts payable and accounts receivable purchasing inventory ensuring that all suppliers accounts are reconciled monthly as well as ensuring that the balance sheet for all financial activity is reconciled at the end of each month and at the end of each financial and calendar year.
• Prepare and submit BAS and month end reports to the owner.

SKILLS/KNOWLEDGE

• 2-3 years of Hotel Accounting experience
• Computer skills including: Sun System and Opera
• CPA/CA qualifications would be a definite plus
• High level of analytical skill required
• The capacity to plan ahead and forecast future trends
• A strong entrepreneurial outlook and commercial awareness
• Sound knowledge of Australian GAAP, Tax Laws and statutory compliance
• Ability to work with different departments