Director of Finance

ALTITUDE ORANGE GROVE PTE. LTD.; Singapore; On-site; SGD 100,000 - 150,000; Full time

Job summary

A hospitality company in Singapore is seeking a Director of Finance to oversee finance operations, manage team performance, and ensure compliance with financial standards. The ideal candidate will have five or more years of experience in finance and accounting, including managerial experience, strong communication skills, and a solid understanding of budgeting. This role is essential for ensuring the financial health of the organization.

Qualifications

• Minimum five years of experience in finance and accounting.
• At least two years in a director-level position in hospitality.
• Strong communication skills, both verbal and written.

Responsibilities

• Maintain communication with the management and owning company.
• Evaluate the effectiveness of finance operations and review goals.
• Prepare the annual budget and track expenses against forecasts.

Skills

Financial analysis

Team leadership

Communication

Budget management

Education

Bachelor’s degree in Finance or Accountancy

Job description

Responsibilities

• Maintain effective communication and relations with Owning Company, Executive Committee and department heads.
• Coordinate the hiring process of the Finance team by corresponding with applicants regarding employment opportunities.
• Evaluate effectiveness of Finance Accounting, Procurement and IT operations and review annual goals.
• Facilitate team training process.
• Ensure that all performance procedures and established standards are followed; coach and mentor performance process to ensure consistency.
• Establish progressive discipline procedures, conduct training for the team on policies and procedures and progressive discipline. Handle disciplinary problems and counsel employees to hotel standards.
• Ensure all bi-weekly/monthly/quarterly reports are sent regularly and in a timely manner. This includes amongst others: Financial Statements, Balance sheet reconciliation, Owner’s package, Tax report, etc.
• Prepare budget annually. Track to forecast and keep expenses within budget.
• Oversee the operation of the payroll office ensuring excellent service to colleagues and appropriate control and management mechanisms are in place and being utilised appropriately.
• Ensure proper maintenance of files and records ensuring compliance with the local laws industry practice.

Requirements

• Possess a Bachelor’s degree from an accredited college or university on Finance, Accountancy, or equivalent.
• Five (5) or more years of experience in Finance and Accounting and at least two (2) years as a Director of Finance or equivalent in the hospitality industry.
• Knowledge of government labour regulations and Accounting Standards.
• Strong verbal and written communication skills.
• Effectively communicate with guests, colleagues, and management to their understanding.
• Ability to multitask, work independently and to partner with others to promote an environment of teamwork.
• Knowledge of budget preparation and cost controls.