Job Key Information

• To manage the bank account operations and fund movements for the company, including revenues, receivables, equity, debt, and their overall utilization towards meeting end-use requirements and reconciliations.
• All banking operations, including opening new accounts, BR updates, signatory updates, and fund transfers for operating hotels and corporate (monthly salaries, monthly and quarterly debt repayments along with interest payments, and ad-hoc payments requiring immediate processing).
• To maintain and meet KYC and compliance requirements with the banks.
• Liaising with banks/lenders for EDC (card swipe) machines and ensuring smooth operations in all operational properties.

Job Requirements

a) Formulation of Project Investment Memorandums, including an executive summary, company profile, project information (demographic profile, site information with location advantages, project construction status with site pictures), and projections detailing the profit & loss statement, debt repayment schedule, DSCR calculations, and proposed term sheets.
b) To prepare and update the financial model of the company, including all operational hotels, and to track and update budgets with actuals annually.

Skills Required

• Excellent understanding of accounting principles and taxation.
• Maturity and business acumen
• Go-getter with high energy levels and self-motivation