Director of Finance

· Implements local accounting procedures to ensure compliance with the local government regulations, after approval from the area/ corporate offices. · Prepares, supervises, scrutinizes and approves monthly journal entries, balance sheet and income statement. · Prepares and interprets the financial statements and reports for the Hotel. · Submits monthly reporting package on a timely basis. · Audits accounts, records and transactions of the Hotel, aided by the ongoing efforts to streamline internal control procedures. · Reviews monthly bank reconciliation statements. · Scrutinizes monthly financial reports, to investigate unusual variations and prepare comments to be attached to the report. · Verifies prepaid expenses, deferred charges are up-to-date and in agreement with the books. · Administers and controls cash management which includes investing in time deposits in banks approved by area office and the Owning Company, as well as obtaining other banking facilities whenever necessary . · Understands Hyatt Hotels Corporation’s and the country’s tax obligations, with assistance of locally appointed Auditors or Tax Experts . · Assists General Manager, Division Heads and Department Heads in the compilation of forecasts covering all activities of the Hotel. · Assists General Manager in the preparation of Capital Expenditure Authorisation Request. · Assists General Manager and Division Heads in the compilation of the annual Business Plan. · Implements local accounting procedures to ensure compliance with the local government regulations, after approval from the area/ corporate offices. · Prepares, supervises, scrutinizes and approves monthly journal entries, balance sheet and income statement. · Prepares and interprets the financial statements and reports for the Hotel. · Submits monthly reporting package on a timely basis. · Audits accounts, records and transactions of the Hotel, aided by the ongoing efforts to streamline internal control procedures. · Reviews monthly bank reconciliation statements. · Scrutinizes monthly financial reports, to investigate unusual variations and prepare comments to be attached to the report. · Verifies prepaid expenses, deferred charges are up-to-date and in agreement with the books. · Administers and controls cash management which includes investing in time deposits in banks approved by area office and the Owning Company, as well as obtaining other banking facilities whenever necessary . · Understands Hyatt Hotels Corporation’s and the country’s tax obligations, with assistance of locally appointed Auditors or Tax Experts . · Assists General Manager, Division Heads and Department Heads in the compilation of forecasts covering all activities of the Hotel. · Assists General Manager in the preparation of Capital Expenditure Authorisation Request. · Assists General Manager and Division Heads in the compilation of the annual Business Plan.