Finance Manager [ Hospitality Industry ]

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

Ho Ming Jie (Edmund) Reg No: R1987094

The Supreme HR Advisory Pte Ltd EA No: 14C7279