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The Carreo International
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Job Details
FINANCE MANAGER DUTIES AND RESPONSIBILITIES:
Ensure that the guests have best possible experience by trouble-shooting and resolving all billing-related disputes.
Represents the finance department on the daily department heads meeting with the general manager.
Manage all phases of Accounts Payable, Receivable and department budget.
Calculate and distribute wages and salaries.
Prepare regular reports and summaries of accounting activities.
Prepare financial statements and debtors' listings.
Verify recorded transactions and report irregularities to management.
Providing direction to the night audit team so as to ensure proper revenue reporting.
Reviewing all ledger details guest ledger, city ledger and deposit ledgers to validate proper payment and revenue posting.
Ensure correct taxation are applied on all billing software likeProperty Management systems(PMS), Point of Sale (POS) andSPAsoftware's.
Bills A/R accounts daily and send the same to guest along with the supporting bills and statements.
Follows up on any accounts within 3 days to ensure customer has received the invoice and does not have any questions.
Review the Accounts Receivable (A/R)Ageingreports on a daily basis.
Check customers credit ratings and Flag accounts as 'Black listed' for long outstanding or defaulter accounts.
Enters invoices into accounts payable system weekly after verifying a purchase order was received from ordering department head and obtaining General Manager's approval.
Forecasting cash payments and anticipating challenges arising from limited cash flow.
Ensuring that cash flows are adequate to allow business units to operate effectively.
Maintain banking relationships and negotiating loans and merchant services for business units.
Maintains files of all contracts, insurance policies, tax reports, expenses, payroll, etc.
Maintaining and transferring money between bank accounts as required.
Performing numerical analysis of data and formulating conclusions and/or solutions.
Preparing financial reports and submissions to relevant government entities.
Ensures all new hire paperwork, benefits, performance appraisals, disciplinary action forms and other pertinent personnel documents are filed appropriately and maintained in accordance with the company HR practices.
Monitors and contains all property inventories to ensure proper levels without causing burdens on property cash flows.
Preparing and presenting financial reports for meetings and investors.
Providing direction and training to hotel operational team in areas related to finance, financial reports, internal controls, labour management, payroll, etc.
Recommend and maintain a system of policies and procedures that impose an adequate level of control over Finance Department activities.

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Qualities Needed for This Jobs
Finance Manager
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Candidate Profile
For A Catering Company Job Position :- Finance Manager Salary :- 700 Kwd - 1000 Kwd Qualification :-bachelors Degree Is Mandatory Duty Meal, Accommodation And Transportation Will Be Provided By The Company. Need Gulf Return Candidates
Looking for Bachelor Of Commerce (b.com), Bachelor Of Business Administration (b.b.a) graduates profile.
Fresher Walkins
More Information
Location Kuwait Kuwait
Education Bachelor Of Commerce (b.com), Bachelor Of Business Administration (b.b.a)
Experience 7 (yrs)
Industry Computers / IT
Job Type : Full-time
Download The Carreo International Placement Papers and Interview Questions
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