Finance Manager [ Hospitality Industry ]

THE SUPREME HR ADVISORY PTE. LTD.; Singapore; On-site; SGD 120,000 - 180,000; Full time

Job summary

THE SUPREME HR ADVISORY PTE. LTD. is recruiting an experienced Head of Finance for a hotel in Singapore.

You will oversee the full finance function, supervise the finance team, and ensure smooth day-to-day financial operations. You will prepare statements, budgets, forecasts and cash flow, ensure compliance with policies and standards, monitor revenue and expenses, maintain internal controls, support business planning, and liaise with banks, auditors, suppliers and authorities to safeguard

Qualifications

• Bachelor’s degree in accounting, finance, commerce or related field.
• Professional qualification such as CPA/CA/ACCA an advantage.
• 5–8 years of relevant finance experience, preferably hospitality.
• Experience leading a finance team.
• Proficient with Microsoft Office and hotel finance systems.

Responsibilities

• Oversee full finance function for the hotel.
• Lead and supervise the finance team across accounting, payroll, accounts payable/receivable, and related finance activities.
• Prepare financial statements, budgets, forecasts and cash flow reports.
• Ensure records and processes are accurate and compliant with policies, standards and regulations.
• Monitor revenue, operating expenses, inventory and payroll costs to maintain financial control.
• Maintain strong internal controls to safeguard assets and ensure integrity.
• Support business planning, budgeting and forecasting to meet corporate standards.
• Liaise with banks, auditors, insurers, suppliers and authorities on finance matters.
• Oversee payment processing, cost control, fund management and supplier-related finance.
• Monitor and analyse operating costs and identify areas for improvement.
• Maintain and improve financial reporting systems and processes for management decisions.
• Perform other finance-related duties as assigned.

Skills

Finance leadership

Financial reporting

Budgeting & forecasting

Internal controls

Hotel industry knowledge

Education

Bachelor's degree in Accounting/Finance

CPA/CA/ACCA or equivalent

Tools

MS Excel

Hotel finance systems

Job description

Job Responsibilities

• Oversee the full finance function of the hotel and ensure smooth day-to-day financial operations
• Lead and supervise the finance team, including accounting, payroll, accounts payable, accounts receivable, income audit, purchasing, cost control, general cashiering, internal control, store receiving, credit control and IT-related finance support
• Prepare and review financial statements, monthly profit and loss reports, budgets, forecasts and cash flow reports
• Ensure financial records, reporting and processes are accurate and in compliance with company policies, accounting standards, tax regulations and statutory requirements
• Monitor hotel revenue, operating expenses, inventory, payroll costs and cash flow to support effective financial control
• Maintain proper internal controls to safeguard company assets and ensure financial integrity
• Support business planning, budgeting and forecasting activities, and ensure forecast submissions meet corporate reporting standards
• Partner with the General Manager and department heads to review business performance, manage costs and provide finance-related advice
• Liaise with banks, auditors, insurance providers, suppliers, government authorities and corporate office on finance-related matters
• Oversee payment processing, cost control, fund management and supplier-related finance matters
• Monitor and analyse operating costs, including Food & Beverage costs, and recommend areas for improvement where required
• Maintain and improve financial reporting systems and processes to support management decision-making
• Perform other finance-related duties as assigned

Job Requirements

• Bachelor’s Degree in Accounting, Finance, Commerce or related discipline
• Professional qualification such as CPA, CA, ACCA or equivalent will be an advantage
• Minimum 5 to 8 years of relevant finance or accounting experience, preferably in the hospitality / hotel industry
• Prior experience managing or leading a finance team
• Proficient in Microsoft Office and accounting / hotel finance systems
• Knowledge of hotel group finance standards and procedures will be an advantage