Finance Manager

HOTEL ROYAL LIMITED; Singapore; On-site; SGD 80,000 - 100,000; Full time

Job summary

A leading hotel group in Singapore is seeking an experienced Finance Manager to oversee financial operations and ensure compliance with regulations. The ideal candidate should have at least 5 years of experience in financial management, strong analytical skills, and proficiency in accounting software. This role is critical for the strategic growth and financial stability of the hotel.

Qualifications

• Minimum of 5 years of relevant experience in financial management or audit.
• Strong understanding of Singapore financial regulations and reporting.
• Excellent analytical skills to interpret complex financial data.

Responsibilities

• Manage financial operations including budgeting and financial reporting.
• Ensure timely month-end and year-end closing of accounts.
• Coordinate internal and external audits for compliance.

Skills

Financial reporting

Budgeting

Financial analysis

Team management

Excel proficiency

Education

Bachelor Degree in Finance or Accounting

Professional certification (CPA/ACCA/CA)

Tools

Accounting software

Job description

Job Scope

We are seeking for a highly skilled and experienced Finance Manager to join our team at Hotel Royal Limited. This position plays a pivotal role in managing the financial health and stability of our group hotel. The successful candidate will oversee all financial activities, ensure compliance with statutory requirements, and contribute to the strategic growth and profitability of the hotel.

Job Responsibilities

• Manage the full spectrum of financial operations including budgeting, forecasting, financial reporting, and cash flow management.
• Ensure timely and accurate month-end and year-end closing of accounts
• Prepare and present financial reports and analysis to senior management and Group Finance for strategic decision-making.
• Coordinate and manage internal and external audits, ensuring compliance with statutory regulations and internal controls.
• Supervise the finance team, providing guidance and support for daily financial activities.
• Oversee the preparation of monthly and quarterly management account, and annual financial statements in accordance with Singapore accounting standards and Singapore Financial Reporting Standards (International).
• Develop and implement financial policies and procedures to enhance operational efficiency and safeguard company assets.
• Monitor and manage hotel's financial performance metrics, identifying trends and recommending actions for improvement.
• Collaborate with other departments for financial planning and alignment with the company's overall strategy.
• Liaise with external stakeholders such as banks, auditors, and tax authorities.
• Ensure adherence to corporate governance standards and support management with ad-hoc financial analysis as required.

Job Requirements

• Bachelor Degree in Finance, Accounting or a related field. A professional certification such as CPA, ACCA or CA is preferred.
• Minimum of 5 years of relevant experience in financial management or audit.
• Strong understanding of Singapore financial regulations, tax requirements, and statutory reporting.
• Proficiency in accounting software and advanced Excel skills.
• Demonstrated experience in financial planning, budgeting and forecasting.
• Excellent analytical skills, with the ability to interpret complex financial data and provide strategic recommendations.
• Strong leadership and team management skills.
• Effective communication and interpersonal abilities to work with cross-functional teams and external stakeholders.
• High level of integrity, attention to detail, and a proactive approach to problem solving.