Finance Executive

Capella Hotels and Resorts; Singapore; On-site; SGD 45,000 - 65,000; Full time

Job summary

A leading hotel group is searching for a Finance Executive to join its team. The role involves managing the complete payments process, preparing billings, and ensuring compliance with financial policies. This candidate should have a strong financial background, excellent communication skills, and experience in hospitality, contributing effectively to the finance team.

Qualifications

• Degree in Finance or Accounting Management preferred.
• Experience in a luxury hotel is an advantage.
• Excellent command of English required.

Responsibilities

• Maintain full spectrum of general ledger and accounts.
• Prepare monthly bank reconciliation and management reports.
• Monitor cash flows and prepare weekly forecasts.

Skills

Interpersonal Skills

Customer Service

Multi-tasking

Attention to Detail

Education

Graduate Diploma or Bachelor's degree in Business Management

Chartered Financial Analyst certification

Tools

MS Word

MS Excel

MS PowerPoint

Job description

JOB SUMMARY

As a Finance Executive, you report to the Corporate Accountant and provides administrative support to the Finance team. You are responsible for ensuring complete payments process of vendors and preparing monthly reimbursables and fees billing to hotels. The individual's main responsibility includes reimbursable and fees billing and follow up on collections; verifying, reconciling and processing invoices accurately in a timely manner in accordance with both local and corporate policies and procedures. You will be an ambassador for Capella Hotel Group in all professional settings, in speech and demeanor.

THE ROLE

• Maintain full spectrum of general ledger and accounts (including GST filing and fixed assets) for the Company and its subsidiaries
• Maintain full spectrum of accounts receivable and accounts payable
• Ensure all requests for payments are properly authorised and supported by relevant documentation and prompt payment made to suppliers
• Responsible for claims and reimbursements processing
• Prepare all Capella Hotel Group reimbursable billings and fee billings including but not limited to Management Fees, Marketing Fees, Technical Services Fee and Branding Fees
• Monitor cash flows to ensure that there are funds to run a healthy operation and prepare weekly cashflow forecast and status
• Prepare monthly bank reconciliation and balance sheet reconciliations
• Assist in month end closing and preparation of monthly management report
• Assist in preparation of yearly budget and monthly forecast for Corporate Office
• Assist to monitoring monthly reports submission from the hotels, including but not limited to monthly forecast, monthly financial statements, self-assessment, assets and liabilities reconciliation, annual operating budget and capex budget.
• Assist in annual audit and tax matters
• Responsible for book-keeping of subsidiaries accounts
• Any other ad-hoc duties

TALENT PROFILE

Qualification

Graduate Diploma or Bachelor's degree in Business Management preferably specializing in Finance or Accounting Management

Chartered Financial Analyst certification is an advantage

Work Experience

Experience in a luxury hotel or hospitality company is an advantage

Technical Skills

Excellent command in written and spoken English

Excellent interpersonal, telephone and customer service skills

Proficiency in MS Word, Excel and PowerPoint

A good team player with approachable character, positive attitude and strong ownership.

Must be a highly motivated individual with ability to multi-task effectively, well organized and flexible in a change and eye-for-detail.

*Kindly be informed that only shortlisted candidates will be contacted