Financial Controller

COMO Metropolitan Singapore; Singapore; On-site; USD 80,000 - 120,000; Full time

Job summary

Ein innovatives Unternehmen im Herzen von Singapur sucht einen erfahrenen Finanzleiter, der die Buchhaltungsoperationen und die finanzielle Strategie des Hotels leitet. In dieser Schlüsselrolle sind Sie verantwortlich für die Erstellung und Überwachung des Budgets, die Maximierung des Cashflows und die Gewährleistung der finanziellen Compliance. Sie arbeiten eng mit dem Management zusammen, um strategische Ziele zu erreichen und finanzielle Risiken zu minimieren. Wenn Sie eine Leidenschaft für die Hotellerie haben und über umfangreiche Erfahrung in der Finanzführung verfügen, könnte dies die perfekte Gelegenheit für Sie sein.

Qualifications

• Mindestens 10 Jahre Erfahrung in der Finanzführung in der Hotellerie.
• Starke analytische Fähigkeiten und Erfahrung in der Budgetierung.

Responsibilities

• Leitung aller Buchhaltungsoperationen einschließlich Rechnungsstellung und Finanzberichterstattung.
• Maximierung der Cashflow-Leistung des Hotels durch effektive Kontrolle der Ausgaben.

Skills

Finanzführung

Cash Management

Budgetierung

Analytische Fähigkeiten

Teamführung

Risikomanagement

Education

Berufsausbildung in Rechnungswesen

Abschluss in Finanzwesen

Job description

COMO Metropolitan Singapore is located in the heart of Singapore on Bideford Road. It is part of COMO Orchard, COMO Group’s newest immersive experience building which is the most complete iteration yet of the vision that brings together COMO Group’s hospitality, fashion, wellness and cuisine into one inspiring location. COMO Metropolitan Singapore’s 156 rooms and suites are spread over 11 floors with a rooftop pool bar that is exclusively for hotel guests. COMO guests also enjoy preferred access to some of the hottest tables in town including the first patisserie in Asia from renowned pastry chef Cedric Grolet, the Michelin-starred Korean steakhouse COTE and COMO Cuisine. The building also features a multi-label fashion retail space curated by Club 21 and a new flagship urban wellness space by COMO Shambhala. The result is an inspiring gathering place for innovators and creatives with a passion for the COMO-curated life.

Job summary

Manage all accounting operations including billing, accounts receivable, accounts payable, general ledger and counsel, cost accounting, inventory accounting and revenue recognition. Coordinate and direct preparation of the budget and financial forecasts and report variances.

Tasks/Responsibilities:

• Assists and provides financial guidance in the formulation and implementation of the Strategic Plan, Budget and Goals Program
• Maximizes cash flow performance of the hotel through controls on inventory, credit and collection, disbursements and remittances. Maintain accurate cash flow forecasts for at least one year ahead, and ensure adequate notice is given to Owners/senior leadership team, of any future cash requirements.
• Enforces documents and establishes adequate controls for all revenues and expenses and protection of assets and ensures controls will satisfy or improve the level of guest service.
• Maximises cost effectiveness, profitability of the hotel by managing the Finances through planning and controlling of revenue, costs, payroll and expenses.
• Maintains accurate and timely financial reports and operating information and provides analysis interpretations and projections to management as required.
• Provides administrative support to Management with reference to policy enforcement, business advice and operational assistance.
• Identifies financial training needs, develops formal training plans and conducts training sessions for accounting and operational staff in coordination with other departments.
• Obtains appropriate legal counsel regarding the business practices of the hotel and maintains an awareness of local laws, rules and regulations.
• Provides safekeeping, including proper storage and access for all contracts, leases and other financial records.
• Follows up on all capital expenditures to ensure compliance with original justification and approval.
• Participates in local recognized professional and industry organizations
• Conducts monthly audits to ensure all departments are complying with required procedures.
• Implements and maintain acceptable accounting practises and procedures as required by COMO Hotels and Resorts policy and procedures, generally accepted accounting practises, and as affected by local conditions.
• Spearhead the property annual budget and ongoing Profit and Loss review process. Investigation of reasons for significant variances from budget as directed by the General Manager/ Owners' Representatives.
• Maintenance of all ledgers, journals, and other accounting records, based on COMO Hotels and Resorts requirements.
• Ensure that the balance sheet is an actual reflection of the assets and liabilities of the hotel. The balance sheet must be regularly reviewed and reconciled for all accounts.
• Responsible for creating internal control and audits for the different departments.
• Responsible for achieving annual finance audit targets.
• Maintain business licenses, leases, vendor contracts, agreements and assist with all required business compliance matters.
• Oversees all account payable processes to ensure timely and accurate completion.
• Ensure legal and tax compliance and that adequate insurance coverage is maintained, including but not limited to general liability and workers compensation insurance.
• Oversee the procurement procedures for the Hotel, following corporate and budgetary guidelines, ensuring proper par and inventory controls, purchase order and invoicing processes are in place.
• Benchmark costs against other hotels. Identify cost reduction opportunities to mitigate financial risks of the business.
• Responsible for training, hiring, disciplinary procedures and performance management of the team. Providing regular coaching and mentoring to team to achieve highest level of employee satisfaction and engagement.

Key Requirement

• 10+years experience in finance leadership within a hospitality company;
• Professional degree in Accounting, Finance or related discipline required.
• Strong people leadership – influential, demonstrates flexibility in approach, and motivates others to achieve desired results;
• Demonstrated success in evaluating risks and developing strategies and plans to mitigate business issues.
• Results oriented; delivers results under difficult conditions and demonstrates balanced judgment under pressure.
• Good finance, accounting and analytical skills, including experience with cash management, forecasting, revenue management strategies, capital expenditure planning and budgeting, and project management.
• Knowledge in generally accepted finance and accounting policies, principles and controls.
• Strong qualitative and quantitative analytical skills; ability to take large volumes of complex information and present it in a clear and concise manner to senior management, owners and franchisees; uses data and a cogent problem-solving methodology in decision making and impact assessment.