• Financial Analysis and Reporting:
o Review and oversee the monthly, quarterly, and annual financial statements, forecasts and annual budget, submitted by the hotel operation teams.
o Analyse financial reports and trends to ensure integrity of reports and identify opportunities for cost reduction, revenue enhancement, and overall financial improvement.
o Provide strategic financial insights and recommendations to support business decision-making and optimize financial performance.
o Monitor bank balances to ensure sufficient funds for bank loan repayments, and transfer any excess funds to the Owners or fixed deposits as appropriate.
o Coordinate and review payments, banking documents, and any other documents for accuracy and completeness before obtaining Owner's signature.
• Internal Controls Evaluation:
o Assess the effectiveness of internal controls and risk management practices.
o Conduct periodic reviews and evaluations to identify control weaknesses, assess risk exposure, and propose actionable recommendations to strengthen controls.
• Audit/Tax :
o Facilitate annual statutory audit, ensuring timely and accurate completion. Address any audit findings or recommendations and implement corrective actions as necessary.
o Facilitate/review annual tax filing.