HIIVE

- To oversee the Finance and Accounting department of the hotel.
- To ensure that the books, records and accounts are maintained accurately and fairly reflect the transactions and administration of the assets of the hotel.
- To devise and maintain a system of internal accounting control sufficient to ensure that transactions are executed in accordance with Management’s general and specific authorization and in compliance with generally accepted accounting principles and specific country legislation
- To review and certify any hotel internal or external financial reporting before distribution.
- Oversee the preparation of the hotel’s yearly operating budget
- Making sure that all Hotel’ taxation obligations are monitored, calculated rightly, paid on time and declared in due date
- To ensure the hotel has adequate insurance policies in place as stipulated in the Management Agreement
- To review all proposed contracts for pricing and terms, ensuring that hotel’s interest comes first and is protected at all times (other than sales contracts and employment contracts) and sign all these contracts jointly with Cluster General Manager
- To provide assistance to other operational departments in the definition, implementation and follow up of improved internal control tools
- To maintain close communication with third parties such as the Owning company, public auditors, external auditors, local authorities and Fusion Head Office
- To oversee and ensure the smooth running of all accounting functions in the hotel and in particular
- To oversee and ensure the smooth running of Account Receivables, Credit and Cashiering functions, in particular
- That all account receivable balances are well monitored and appropriate actions taken to collect overdue amounts
- To monthly organize credit meeting with the participation of the Cluster General Manager and all concerned Heads of Department where all debtors’ balances are analyzed Fusion Original Saigon Centre