Executive, Finance - Singapore - SINGAPORE SWIMMING CLUB

Description

Job Objective

Responsible in assisting the Costing, Store and receiving function and work closely with the F&B operations and Finance teams.

Oversee and monitor the cash movements and transactions in Jackpot, to ensure that there are sufficient funds for operations and that reports are accurately reconciled. Perform month end journal entries and closing procedures.

Job Descriptions

• Work closely with F&B Department on operational, inventory and cost-related matters.
• Achieve budget objectives by monitoring expenditure, analysing variances and initiating corrective actions.
• Work closely with F&B Department on operational, inventory and cost-related matters.
• Achieve budget objectives by monitoring expenditure, analysing variances and initiating corrective actions.
• Evaluate completeness and accuracy of recipes, determine theoretical cost and selling price, and provide recommendations on cost control and monitoring of wastage.
• Protect assets by establishing, monitoring and enforcing internal controls.
• Prepare weekly and monthly food and beverage reports by collecting, analysing and summarising information and trends.
• Plan and lead monthly stock-count for all outlets which include supervising stocktaking process in stores, kitchens and bars, and investigate and trace inventory discrepancies.
• Ensure proper record keeping of inventories, track and audit all inventory processes.
• Perform monthly inventory reconciliation in a timely manner.
• Oversee preparation of all reports relating to costing, ensure costs are allocated correctly to each business unit.
• Verify daily outlet void control sheets, control daily complimentary, FOC and business recovery transactions.
• Ensure that stores items are checked monthly for slow moving and stores' stock are checked for expiry dates
• Plan and liaise with external auditors for year-end stock-count for all outlets.
• In charge of counting and reconciling the daily cash collected from Jackpot Machines before issuing it to Jackpot Cashier for their operations as and when needed.
• Maintain and reconcile daily cash movements and monthly reports.
• To check and reconcile Jackpot cash transactions against Genting system and to update the Cashcade Record with DRS total.
• To check and compute the Jackpot Tax and Revenue and ensure timely submission of the reports to auditors and IRAS.
• Facilitate the weekly Jackpot collection to CISCO and banking of daily cash collections.
• Ensure that there is adequate Nets float at reception and top up when necessary.
• Reconciliation and ensure agreement for all control balances in GL control against the sub-ledger.
• Perform month-end procedures for GL and posting of journal entries.
• Any other related and ad-hoc duties assigned from time to time.

Qualifications:

• Diploma/Degree in Accountancy or ACCA
• More than 3 years' relevant experience
• Knowledge of Club accounting software, Sun System and Point of Sales (Micros or Opera)

Skills & Knowledge

• Meticulous, strong interpersonal skills, confident, approachable, patient with good communication skills
• Highly motivated, passionate and driven
• Proficient in Excel, Sun Accounting or Other Accounting System
• Organized and able to meet timeline
• Meticulous and able to multi-task in a demanding environment
• Ability to study, analyse and interpret financial information with a strong understanding of overall F&B or hospitality operations
• Has the potential to progress to full automation of integrating inventory control with food costing.