Marriott Careers

Assistant Financial Controller

Kuala Lumpur, Malaysia
Finance and Accounting

Job Description

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Posting Date Feb 20, 2018
Job Number 17001X5L
Job Category Finance and Accounting
Location The St. Regis Kuala Lumpur, Kuala Lumpur, Malaysia VIEW ON MAP
Brand St. Regis Hotels & Resorts
Schedule Full-time
Relocation? No
Position Type Management

Start Your Journey With Us
The St. Regis brand first established luxury hospitality more than 110 years ago, with the opening of the St. Regis New York. From the moment John Jacob Astor IV opened the doors of his Beaux-Arts masterpiece on New York’s Fifth Avenue, St. Regis has stood as a symbol of uncompromising elegance and bespoke service. Today, with more than 40 of the best addresses around the world, St. Regis is a place where trends are born, boundaries are broken and guests can simply live exquisite. We invite you to explore careers at St. Regis.

Supports the day-to-day execution of general ledger impacted processes, including support to clients as they work with and understand these processes. Performs accounting functions specifically in the areas of account balancing, ledger reconciliation, reporting and discrepancy resolution.
Education and Experience
• Degree in Finance and Accounting or Min 5 years work experience in same capacity is required.
  •  Be aware and abide by Equal Employment Opportunity and Affirmative Action legislation and the hotel's policies in regards to harassment prevention.
  • Work in a safe manner and abide by Occupational Health and Safety legislation and the hotel’s policies in regards to accident and incident reporting procedures.
  • Adhere to all standards and procedures as set out in the Associate Handbook and compliance with Marriott’ s Code of Conduct.
  • Maintain control over the Hotel’s assets, liabilities, income and expenditure on behalf of both the Operator and Owner and provide management, leadership and accountability for the financial performance of the hotel
  • Co-ordinate the hiring, training and performance evaluation of Finance department associates.
  • Interact with department and hotel staff in a professional and positive manner to foster good rapport, promote team spirit and ensure effective two way communication.
  • Contribute to the senior management group’s development of short and long term strategies and business plans.
  • Liaise with Department Heads regarding their performance against budget and provide them with information and training as required.
  • Monitor business results and provide clear and informed analysis to meet hotel requirements and to support decision making. Make recommendations for potential revenue and profit enhancements.
  • Co-ordinate the preparation of accurate hotel monthly profit & loss account and balance sheet in compliance with Marriott  Financial Policies & procedures and in line with Marriott reporting timetable.
  • Review monthly general journals and balance sheet reconciliations and ensure appropriately supported and in accordance with Marriott Financial Policies & Procedures.
  • Prepare accurate month end financial reports & analysis as per Marriott and Owners reporting timetable.
  • Perform monthly profit & loss review meetings with department heads and follow up any agreed corrective actions for variances noted.
  • Monitor Accounts Receivable collection status. Ensure credit meetings are conducted monthly and follow up any agreed corrective actions.
  • Co-ordinate the preparation any required tax documentation relating to business taxes, foreign currency payments, withholding taxes and income taxes and ensure lodgment is completed as per required deadlines.
  • Co-ordinate the preparation of monthly profit & loss forecasts and annual budgeting process in line with Marriott & Owner timetables.
  • Prepare a monthly cash flow forecast and discuss with Executive Committee any corrective action required.
  • Review submitted capital expenditure projects and monitor compliance with approved Capital Budget. Ensure approval requirements set out in Marriott Financial Policies & Procedures and hotel management contract are complied with.
  • Oversee the maintenance of the hotel fixed asset register (if maintained by hotel).
  • Manage, maintain, protect and develop the hotel’s information systems.
  • Ensure hotel insurances are in compliance with Marriott Financial Policies & Procedures and hotel management contract. Liaise with insurance company in relation to any claims.
  • Ensure hotel supplier contracts are in compliance with Marriott Financial Policies & Procedures and hotel management contract.
  • Monitor compliance with hotel management contract terms and conditions.

Marriott International is an equal opportunity employer committed to hiring a diverse workforce and sustaining an inclusive culture. Marriott International does not discriminate on the basis of disability, veteran status or any other basis protected under federal, state or local laws.