Financial Controller

Private Advertiser; Singapore; On-site; USD 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a skilled financial leader to oversee budgeting, forecasting, and financial controls within the hospitality sector. This role demands a strategic thinker with a keen eye for detail and a proven track record in financial management. As a pivotal member of the executive team, you will guide financial decision-making, ensuring compliance and operational excellence. If you thrive in a dynamic environment and possess strong leadership skills, this opportunity could be your next career milestone.

Qualifications

• Minimum 7 years of experience in a similar role within the hospitality industry.
• Strong understanding of financial control, budgeting, and forecasting.

Responsibilities

• Lead the annual operating budget and provide analytical support.
• Ensure compliance with financial regulations and internal controls.
• Oversee audits and maintain accurate accounting records.

Skills

Financial Analysis

Budgeting

Cash Flow Management

Interpersonal Skills

Communication Skills

Attention to Detail

Education

Bachelor's Degree in Accounting

Association of Chartered Certified Accountants

Job description

Responsibilities:

• Lead or prepare the annual operating budget and provide analytical support during budget reviews
• Analyse financial data and market trend and produce reasonably accurate forecasts
• Put in place appropriate controls to manage business risks
• Ensure a strong accounting & operational control environment to safeguard assets, improve operations and profitability
• Oversee internal, external and regulatory audit processes and ensure compliance with Standard Operating Procedures
• Maintain complete and supported accounting records consistent with Uniform Systems of Accounts and International Accounting Standards
• Review and approve monthly journals, balance sheet and Profit & Loss statement, audit schedules and bank reconciliation
• Ensure that the Profit & Loss statement is accurate and statements are delivered to appropriate stakeholders in a timely manner
• Monitor systems to ensure accuracy of data and support the achievement of revenue goals
• Effectively manage hotel expenses, working capital and cash flow in accordance with the company's Standard Operating Procedures and owner’s requirements
• Advise the GM and the rest of the executive committee on existing and evolving operating / financial issues and protect and strengthen any competitive advantage by advocating and supporting sound business and financial decision making
• Ensure compliance with relevant contractual obligations, reporting requirements and statutory regulations
• Taxation Planning and Reporting include GST review
• Safeguard contracts, licenses, insurance policies, legal and financial documents

Requirements:

• Minimum 7 years of working experience of a similar role in the hospitality industry
• Bachelor's degree in accounting or business administration
• Association of Chartered Certified Accountants preferred
• Oversee all aspects of financial control and analysis, including budgeting, forecasting and cash flow management
• Conduct periodic audits to assess the effectiveness of internal controls and identify areas for enhancement
• Lead and mentor a team of finance professional, providing guidance and support to foster a high-performing and engaged team culture
• Ensure timely and accurate month end closing
• Team player with excellent interpersonal abilities to engage people across all levels, both internal and external parties
• Exhibits high level of integrity and keen eye to detail, with the ability to work under pressure and meet tight deadlines
• Excellent communication and presentation skills