Finance Supervisor - Hotel Industry Makati City

OVERALL OBJECTIVE

• Supports the Financial Controller/Finance Manager in overseeing financial operations, ensuring fiscal responsibility, and contributing to strategic planning.
• Its role plays a key part in maintaining compliance, optimizing financial performance, and providing accurate reporting to guide management decisions.

RESPONSIBILITIES

• Ensures that day-to-day accounting activities are accurate, compliant, and aligned with the company’s internal control standards.
• Ensures timely preparation of monthly, quarterly, and annual financial reports.
• Assists in the preparation of budgets and financial forecasts.

ADMINISTRATIVE RESPONSIBILITIES

• To guide the accounting personnel in daily operations.
• To review work outputs to ensure accuracy of records.
• Identify risks and propose corrective measures.
• Promote continuous improvement in accounting processes.

TECHNICAL RESPONSIBILITIES

Accounting

• To review the daily revenue report prepared by the Income Auditor and to prepare Income Journal.
• To accurately compute the monthly service charge allocation.
• To verify that fixed assets are purchased according to the capital expenditure budget, that amounts are properly recorded, and the fixed assets ledger is completed.
• Prepare and submit the monthly, quarterly, and annual submission of Financial, Other Management reports and schedules to the Managing company and to the Management (Head Office).
• To verify that the computer system is operating smoothly and that all necessary accounting records are correctly prepared.
• Prepares and submits Monthly Cash Flow Report to the Financial Controller/Finance Manager.
• Ensures that the lease contracts and building insurance are renewed annually.
• Prepares and submits mandatory compliance and reconciliation to the BIR audit (Letter of Authority)
• Coordinate with external auditors and submits compliance of audit schedules during audit cycles.

Financial

• To verify and review the bank reconciliation and credit card reconciliation to be submitted to the Financial Controller/Finance Manager for approval.
• To check the accuracy of the General Cashier report and that revenue receipts are daily deposited into the bank by the General Cashier.
• To ensure that the monthly physical inspections for cash held by the cashiers (on a random basis) are performed.
• To ensure that unused cheques and other bank forms are safely stored and that all measures are taken to protect cash on hand at any point of sale area and the General Cashier’s room.
• Prepare and ensures timely submission of monthly, quarterly and annual financial statements.
• Implement control to prevent errors and fraud in transactions.
• Assist in consolidating reports for management and regulatory submission.
• Track actual vs budget performance and explain variances.
• Provide recommendations for cost control and efficiency improvements.

Taxation

• Ensure compliance with tax regulations (e.g. BIR Filings, EWT, Sales, VAT, Relief and QAP) are reported, submitted and paid on a timely basis.
• Maintain documentation for regulatory and corporate governance requirements.

RELATIONS

• Directly reports to the Financial Controller/Finance Manager.

OTHER RESPONSIBILITIES

• To be ready and responsible when assigned to perform any other duties as designated by higher management.

QUALIFICATIONS

• Bachelor’s degree in Finance and Accounting
• Preferably Certified Public Accountant (CPA)
• Minimum of 3-5 years of progressive experience in finance or accounting, with at least 1 year in a supervisory role
• Strong knowledge of financial regulations, compliance, and reporting standards
• Proficiency in accounting software and MS Excel and Word
• Experience with financial software and systems
• Excellent analytical, organizational, and communication skills.

SKILLS

• Financial planning and analysis
• Regulatory compliance
• Strategic decision-making
• Cost-reduction and efficiency improvement
• Auditing
• Payroll management
• Taxation
• Proficient in financial software and systems
• Attention to detail and accuracy in financial reporting
• Strong problem-solving and decision-making abilities
• Ability to manage multiple priorities under tight deadlines

Benefits:

• Additional leave
• Company Christmas gift
• Company events
• Discounted lunch
• Employee discount
• Health insurance
• Life insurance
• Opportunities for promotion
• Promotion to permanent employee
• Staff meals provided

Work Location: In person