Job Description

FINANCIAL CONTROLLER

Job Description – Financial Controller

Location: Daanbantayan, Cebu, Philippines

Reports To: General Manager and Ownership

Employment Type: Full-Time

About Kandaya Resort

Kandaya Resort is a five-star coastal retreat set amid tropical gardens on the northern shores of Cebu. The resort offers rooms and villas, dining, wellness services, water activities, and equestrian experiences at Kuwadra. We welcome guests for holidays, family gatherings, weddings, corporate retreats, and private celebrations.

About the role

We're looking for a hands-on Financial Controller to lead the resort's finance and accounting operations. You'll be responsible for accurate reporting, budgeting, cash flow, and financial controls. You'll also work closely with the General Manager, ownership, and department heads to understand what's driving costs and revenue, recommend practical improvements, and strengthen profitability while maintaining five-star service standards.

Key Responsibilities

1. Financial Reporting & Management

Oversee daily accounting and financial operations.
Prepare monthly Profit & Loss, Balance Sheet and Cash Flow reports.
Present financial performance, budget variances and recommendations to management and ownership.
Ensure accurate and timely financial reporting.

2. Budgeting & Financial Planning

Prepare annual budgets and financial forecasts.
Monitor departmental spending against budgets.
Analyse occupancy, room rates, revenue and profitability trends.
Identify financial risks and opportunities to improve performance.

3. Cost Control & Profitability

Monitor food and beverage costs, payroll, utilities, purchasing and operating expenses.
Identify unnecessary expenditure and implement cost-saving measures.
Review departmental profitability and operating efficiency.
Ensure cost reductions do not compromise five-star service standards.

4. Revenue & Distribution Analysis

Analyse revenue from rooms, restaurants and other resort activities.
Monitor OTA commissions, booking costs and promotional expenses.
Evaluate profitability across direct bookings and third-party channels.
Work with management to improve revenue and operating margins.

5. Cash Flow & Financial Controls

Manage cash flow, accounts payable and receivable.
Oversee purchasing procedures, supplier payments and inventory controls.
Ensure proper financial authorisation and accountability.
Investigate discrepancies and minimise financial risks.

6. Compliance & Team Management

Ensure compliance with Philippine taxation, BIR requirements and accounting standards.
Coordinate audits and maintain accurate financial records.
Supervise and develop the Finance and Accounting team.
Work closely with department heads to improve financial discipline.

Qualifications & Experience

Bachelor's degree in Accountancy, Finance or related field.
Minimum 5 years of accounting and finance experience, preferably within hotels or resorts.
Previous supervisory or financial management experience.
Strong knowledge of hotel financial operations, budgeting and cost control.
Familiarity with Philippine taxation and BIR compliance.
Proficiency in Excel, accounting software and hotel financial systems.
Strong analytical, leadership and communication skills.
CPA qualification is an advantage.
Knowledge of USALI

Key Performance Indicators (KPIs)

Accurate and timely monthly financial reporting.
Improved Gross Operating Profit (GOP) and operating margins.
Effective food, beverage, payroll and operational cost control.
Budget management and reduced unnecessary expenditure.
Improved cash flow and financial accountability.
Reduced distribution costs and improved booking profitability.
Full compliance with financial and tax regulations.

Personal Attributes

Honest, reliable and detail-oriented.
Commercially minded and focused on profitability.
Proactive in identifying problems and recommending solutions.
Confident working with management and department heads.
Able to balance financial discipline with luxury hospitality standards.

Position Objective

To safeguard Kandaya Resort's financial resources, strengthen financial controls and actively improve operating efficiency and profitability.

The Financial Controller must go beyond reporting financial results and take an active role in helping management improve the resort's financial performance.