Assistant Financial Controller

Assistant Financial Controller
- JR-03674
- Full time
- Permanent
- Mandarin Oriental, Lago di Como

**Overview**
The Assistant Financial Controller plays a key role in supporting the Financial Controller in ensuring that all financial operations of the hotel are carried out accurately, efficiently, and in full compliance with Mandarin Oriental standards and statutory requirements.
Working closely with the Financial Controller, this position contributes to maintaining robust internal controls, timely financial reporting, and strategic financial planning for the property.

**Duties and Responsibilities**
- Support the Financial Controller in overseeing the day-to-day financial and accounting operations of the hotel.
- Manage the Finance Department in the absence of the Financial Controller.
- Assist in the preparation, implementation, and monitoring of strategic plans, budgets, and forecasts.
- Analyse financial and management reports, highlighting key variances and providing actionable insights.
- Prepare monthly and annual financial statements and assist with the forecasting process.
- Support the execution of both internal and external audits.
- Supervise and control accounts receivable and accounts payable operations to ensure accuracy and compliance.
- Oversee all Accounting Department activities to ensure optimal efficiency and performance.
- Represent the Financial Controller during his/her absence.
- Direct and supervise Accounting team members, including Accounts Payable, General Cashier, and Income Audit functions.
- Assist the Financial Controller in supervising Credit and Payroll operations.
- Ensure full compliance with Mandarin Oriental’s internal control procedures and CSAQ requirements.
- Oversee all financial transactions to ensure accurate recording in accordance with GAAP and Mandarin Oriental policies.
- Perform regular General Ledger reviews and coordinate month-end closing activities, including journal entries and analytical reviews of financial statements.
- Prepare and submit financial reports to Corporate Headquarters in a timely and accurate manner.
- Coordinate annual internal and external audit processes.
- Oversee cash management activities to ensure proper control and availability of funds.
- Monitor departmental internal controls and develop operating procedures as required.
- Support Corporate and hotel management with ad-hoc analyses and special financial projects.
- Ensure compliance with all applicable tax laws; supervise the preparation and submission of statutory and governmental reports, ensuring timely payments.
- Reconcile bank accounts, balance sheets, and fixed asset registers.
- Review and authorize accounts receivable adjustments, transfers, and miscellaneous journal entries.
- Ensure timely payment of fees related to licenses, permits, contracts, and insurance policies.
- Review and approve purchase orders, invoices, payroll submissions, manual checks, reconciliations, and bad debt write-offs as required.
- Conduct or oversee monthly audits of the General Cashier’s vault.
- Recruit, train, evaluate, and develop accounting personnel in accordance with Mandarin Oriental standards.
- Set clear performance goals, identify training needs, and foster professional growth within the team.
- Provide financial guidance and support to other departments as needed.
- Perform other duties or responsibilities as assigned.

**Requirements**:

- Minimum of 3 years’ experience in Accounting, preferably within a 5-star luxury hotel environment.
- Strong knowledge of accounting principles and hotel financial systems.
- Advanced proficiency in Microsoft Excel and MS Office Suite.
- Excellent communication, analytical, and organizational skills.
- High attention to detail and accuracy.
- Fluency in English, both written and spoken.