Your Hotel needs a professional financial controller, explore our virtual services now

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Smaller hotels run of very tight budget due to limited revenue, making it difficult to hire a professional financial controller/manager. Professional financial controllers helps hotels with
• Provides data for decision-making and planning for the future.
• Higher visibility for cost-saving and revenue-generating opportunities.
• Advice on revenue optimization practices.
• Ensure Financial practices are aligned with overall hotel objectives.
• Professional support and advice to GMs in managing the property in an efficient and optimal manner.
• Provides focus on long-term strategies and asset-efficient utilisations.
What we can help.
1. Setup USALI systems of accounting.
2. Establish MIS, financial reporting to help management get the data relevant for making decisions.
3. Setup Internal Control systems - Income Audit / cost control to ensure accuracy and controls
4. Evaluate and assist in preparing.
a. annual business plans,
b. Capex,
c. Zero base budget for manning and operations
5. Monthly Profit & Loss reviews and recommendations
6. Supervise key procurements and tendering for hotels.
7. Outsourced accounting and reporting functions excluding cashier and procurements
a. Revenue Accounting
b. Expenses accounting
c. Payroll Calculations / checking
d. P&L preparation
e. Balance Sheet Preparation
f. Tax Compliances
8. Long term Strategy Development for hotel.
9. Asset Management practices to enhance return on investment into hotel.

Why eHMS
Gain from experience of seasoned financial controller /Chief Financial officer having over 10 years of experience in hospitality. Team is experienced with managed properties (Shangri-la Hotels) and also independent brand (Htoo Group, myanmar’s largest hotel owners and operators). We have successfully achieved projects in
• ERP implementation
• Setup of hotel accounts in compliance with USALI
• Overseeing Renovations.
• Annual budgets preparations.
• Strategy development for payroll cost reduction and improving productivity
• Quality Assurance
• Process Re-structuring

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