Job Summary:
The General Accountant is responsible for managing all accounting and finance operations, ensuring compliance with financial regulations, and supporting financial reporting activities. This role supports the hotel management team by providing timely and accurate financial information and ensuring compliance with regulatory requirements.
Key Responsibilities:
1. Financial Record-keeping & Reporting
- Ensure the legality of contract, invoice, payment claims;
- Maintain accurate accounting records, including expenses, revenues, and other financial transactions;
- Prepare, review and maintain the General Ledger on a monthly basis, including processing accounting journals and reconciliation;
- Prepare financial statements, including Balance Sheet, Profit and loss statement, Cash-flow, and other reports required by management;
- Work closely with accounting team and audit team for year-end audit (including statutory audit under VAS and consolidation audit under IFRS);
- Perform monthly accruals for expenses, income and assets;
- Assist in preparing Financial Reports monthly/quarterly/annually in accordance with the company's requirements.
2. Taxation & Compliance
- Prepare analysis and ensure compliance with local tax regulations;
- Monitor and support taxation issues;
- Ensure all statutory tax and accounting reports and filings are prepared and submitted timely and accurately;
- Corporate and explain accounting data to Tax Authority and Auditor.
3. Accounts Payable & Receivable
- Monitor contracts and follow-up payment schedule;
- Issue/ record VAT invoice, control and pay/collect AP and AR of the department;
- Process invoices, payments, and vendor reconciliations;
- Check the Payroll and proceed salary payment.
4. Internal Controls & Cash Management
- Ensure appropriate internal controls are in place to protect company assets, employees and operations;
- Prepare monthly reconciliation reports for petty cash and bank accounts;
- Prepare and reimburse the cash advance for travel expenses and other expenses;
- Control petty Cash and bank transfer to suppliers and business partners;
- Control bank statements and reconcile transactions;
- Prepare monthly Acceptance Minutes as well as yearly Development / Management Agreement to all clients.
- Perform any other duties which may be assigned by the line manager.
5. Budgeting & Forecasting
- Assist in the preparation of budgets and financial forecasts;
- Monitor budget variances and provide analytical support to management.