Novotel Singapore on Stevens: Director of Finance

NOVOTEL; Singapore; On-site; SGD 70,000 - 90,000; Full time

Job summary

A leading hospitality company based in Singapore is looking for an experienced finance manager to oversee finance operations. The ideal candidate should have a Bachelor's degree in Accounting/Finance, at least 5 years of experience, and strong leadership skills. Responsibilities include supervising daily operations, financial planning, and compliance with reporting requirements. Candidates with CPA certification will have an advantage. Proficiency in financial software is also required.

Qualifications

• Bachelor’s Degree in Accounting / Finance.
• Experience in hospitality industry will be highly preferred.
• Additional certificate as a Certified Public Accountant (CPA) will be an advantage.
• Minimum 5 years of experience in a similar capacity.
• High degree of professionalism with strong understanding of business acumen.
• Excellent reading, writing and oral proficiency in English language.
• Proficient in MS Excel, Word, PowerPoint, and relevant financial and accounting reporting systems.

Responsibilities

• Oversee the daily operations of the Finance department.
• Ensure schedules and reconciliation are completed timely and accurately.
• Drive cost efficiency initiatives.
• Direct and coordinate hotel financial planning, forecast and budget management functions.
• Monitor and analyze monthly operating results against budget.
• Direct and coordinate debt financing and debt service payments with external agencies.
• Prepare annual reports of actual revenues, transfers, and expenses.
• Analyze financial outlooks and prepare financial forecasts.
• Prepare financial analysis for contract negotiations and product investment decisions.
• Ensure compliance with local, state, and federal budgetary reporting requirements.
• Establish and implement short- and long‑range departmental goals, objectives, policies and operating procedures.
• Maintain an organizational structure and staffing to effectively accomplish the department’s goals and objectives.
• Serve as primary legislative liaison relative to company financial issues.
• Direct financial audits and provide recommendations for procedural improvements.
• Conduct regular checks on procedures for purchasing, receiving, storing, issuing, food preparation and portioning.

Job description

Accounting & Finance

• Oversee the daily operations of the Finance department.
• Ensure schedules and reconciliation are completed timely and accurately.
• Drive cost efficiency initiatives.
• Direct and coordinate hotel financial planning, forecast and budget management functions.
• Monitor and analyze monthly operating results against budget.
• Direct and coordinate debt financing and debt service payments with external agencies.
• Prepare annual reports of actual revenues, transfers, and expenses.
• Analyze financial outlooks and prepare financial forecasts.
• Prepare financial analysis for contract negotiations and product investment decisions.
• Ensure compliance with local, state, and federal budgetary reporting requirements.
• Establish and implement short- and long‑range departmental goals, objectives, policies and operating procedures.
• Maintain an organizational structure and staffing to effectively accomplish the department’s goals and objectives.
• Serve as primary legislative liaison relative to company financial issues.
• Direct financial audits and provide recommendations for procedural improvements.
• Conduct regular checks on procedures for purchasing, receiving, storing, issuing, food preparation and portioning.

Team Management

• Interview, select and recruit direct reports.
• Identify and develop team members with potential.
• Conduct performance reviews and manage performance issues that arise within the management team.
• Constantly monitor team members’ performance, attitude and degree of professionalism.
• Work with Talent & Culture function to ensure appropriate hiring, training, motivating, coaching, counseling and development of team members according to the changing needs of the business.
• Conduct monthly departmental meetings to provide information to team members, obtain their feedback and rectify issues.

Other Responsibilities

• Attend all briefings, meetings and trainings as assigned by management.
• Maintain a high standard of personal appearance and hygiene at all times.
• Be aware of the hotel fire & life safety/emergency procedures.
• Perform other reasonable duties assigned by the Management.

Knowledge and Experience

• Bachelor’s Degree in Accounting / Finance.
• Experience in hospitality industry will be highly preferred.
• Additional certificate as a Certified Public Accountant (CPA) will be an advantage.
• Minimum 5 years of experience in a similar capacity.
• High degree of professionalism with strong understanding of business acumen.
• Excellent reading, writing and oral proficiency in English language.
• Proficient in MS Excel, Word, PowerPoint, and relevant financial and accounting reporting systems.

Competencies

• Strong leadership and interpersonal skills.
• Excellent communication and customer contact skills.
• Results and service oriented with an eye for details.
• Ability to multi-task, work well in stressful & high-pressure situations.
• A team player & builder.
• A motivator & self-starter.
• Well-presented and professionally groomed at all times.