Finance Manager - Hotel Indigo & Holiday Inn Express Singapore Katong
Singapore, SINGAPORE Accounting / Management control
Job description
Description
About us
At Hotel Indigo® our team members are full of neighbourhood knowledge; they know where to find the hidden gems worth exploring. That’s the Hotel Indigo way. That’s where you come in. When you’re part of the Hotel Indigo brand you’re more than just a job title. At Hotel Indigo we look for people who are energetic, approachable and cultured with a sense of fun; always curious to discover more and share thoughtful suggestions with our guests.
Your day to day
Provide management with timely financial analysis for effective decision-making. Prepare all statutory and management requirements of InterContinental Hotels Group and Owners. Perform professional accounting duties to maintain control over expenses, income, assets and liability of the hotel to ensure the security of the assets of the company in a centralized accounting environment.Financial returns:
· Works with superior in the preparation and management of the department’s budget. Duties include:
· Assists in co-ordinating the preparation of the departmental annual budget
· Assists in monitoring and controlling departmental cost on an ongoing basis to ensure performance against budget
· Assists in the preparation of the hotel strategic plan, goals program, and Finance Departmental Budget
People:
· Cooperates, coordinates and communicates with other departments in matters concerning accounting related matters and internal control
· Works with Superior on manpower planning and management needs
· Interacts, as required, with individuals outside the hotel including hotel’s bank, tax auditors and other hotels and IHG corporate offices
Accountability:
· Ensure compliance to the IHG policies, procedures and statutory requirement
· Maintain accounting controls by preparing and recommending policies and procedures to improve the work flows in accounts department
· Assists and provides financial guidance in the formulation and implementation of Strategic Plan, Budget and KPO’s (Goals Program)
· Ensure an up to date cash flow projection is maintained and maximizes cash flow performance of the hotel through controls on inventory, credit and collection, disbursement, deposits and remittances. Ensure excess cash is managed to maximize earning potential.
· Prepares outlooks for forthcoming months and forecasts for the remainder of the year
· Prepares monthly position of actual results against budget, analyse results and recommend to Director of Finance/Executive Committee measures required to meet budget
· Prepare and input journal entry for month end closing
· Responsible for month end closing including the IHG and owner reporting package
· Analyze monthly financial accounts and provide financial information to management
· Ensure all accounts are reconciled on monthly basis, review and approve those reconciliation’s
· Review monthly bank and inventory reconciliation
· Prepare and/or review monthly/quarterly GST
· Evaluate existing internal control measures that apply to accounting procedures and computer systems as per IHG Policies and Procedures
· Employ adequate internal control procedures to ensure correct authorization for payment procedures
· Manage internal and external audits when they occur
· Ensure proper update of contract, License, CAPEX, Fixed Asset Disposal Form and Carpark etc on timely and accurately.
· Provides safekeeping, including proper storage and access for all contracts, leases and other financial records
· Recommends and maintains appropriate list of delegation of authority for hotel management
· Liaison with owner office, internal, external auditors
· Assists in monthly forecasting and yearly budget input
· Coordinate and administrate in CSA
· Ensure payments are made to IHG (All Fees and billings) as fast as possible
· Management of work flows of the finance department
· Assist in the maintenance of the fixed asset register on an annual basis
· Reports directly to and communicates with the Director of Finance & Business Support on all matters pertaining to accounting and financial controls.
What we need from you
· Minimum Diploma or equivalent
· Minimum 2 Years of managerial experience
· Able to communicate with and lead colleagues
· Demonstrates ability to interact with customers, employees and third parties that reflects highly on the hotel, the brand and the Company.
· Proficient in the use of Microsoft Office.
· Possesses problem solving, reasoning, motivating, organizational and training abilities. Has good communication and writing skills.
· Only candidates who are eligible to work in Singapore may apply
What we offer
In return for your hard work, you can look forward to a highly competitive salary and benefits package, including
· Duty Meals
· Birthday Off
· Medical Benefits
· Dental Benefits
· Insurance Coverage
· 25-50% F&B Discount at restaurants within IHG Singapore Hotels
· Special Employee Rate at all IHG Hotels worldwide
· Room to Grow Opportunities
What’s more, because your career will be as unique as you are, we’ll give you all the tailored support you need to make a great start, be involved and grow. And because the Hotel Indigo brand belongs to the IHG® family of brands, you’ll also benefit from all of the opportunities that come from being part of a successful, global hospitality company with over 5700 hotels in over 100 countries around the world.So whoever you are, whatever you love doing, bring your passion to Hotel Indigo and IHG and we’ll make sure you’ll have room to be yourself. Find out more about joining us today by going to careers.ihg.com Facebook:www.facebook.com/hotelindigosingapore