IHG Director of Finance - Holiday Inn Express Singapore Orchard Road(501278) in Singapore City, Singapore

Description:

What's your passion? Whether you're

into snowboarding, shopping or salsa dancing, at IHG we're interested in

YOU. We love people who apply the same amount of care and passion to their jobs

as they do to their hobbies - people who put our guests at the heart of

everything they do. And we're looking for more people like this to

join our friendly and professional team.

Holiday Inn Express Singapore Orchard Road is the first Holiday Inn Express

in Singapore. It is the smart choice for savvy business and leisure

travellers. Holiday Inn Express Singapore Orchard Road is a 221 bedroom

Hotel located in the heart of Singapore's best-known retail, entertainment

and residential district - Orchard Road and is just steps away from the

Somerset MRT.

Holiday Inn Express

offers guests comfort and convenience at a great value including complimentary Breakfast

and Wi-Fi during their stay. In short, we offer our guests everything they need

but nothing they don't.

Join us as a Director of Finance (Holiday Inn Express Singapore Orchard Road & Holiday Inn Express Kota Kinabalu - Pre Opening) in Holiday Inn Express Singapore Orchard Road ! The duties and responsibilities are:

  • 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 thehotel through controls on inventory, credit and collection, disbursements, 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 Department Heads measures required to meet budget

  • Prepare consolidated quarterly position assessments for the General Manager

  • Distributes outlook and forecast information as an up to date management tool for operating departments

  • Implement and review financial controls and policies

  • Communicate with Owners

  • Analyse financial and management reports

  • Design internal reporting systems required by the department and hotel

  • 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

  • Provides administrative support to Management with reference to policy enforcement, business advice and operational assistance

  • Identifies training needs, develops formal training plans and conducts training sessions for accounting and operational staff in coordination with other departments

  • Identifies staff with potential for promotion and/or transfer within Accounting operation

  • Obtains appropriate legal counsel regarding the business practices of the hotel and maintains an awareness of local laws, rules and regulations

  • Provides safekeeping, including proper storage and access for all contracts, leases and other financial records

  • Follows up on all capital expenditures to ensure compliance with original justification and approval

  • Participates in local recognized professional and industry organizations

  • Recommends and maintains appropriate list of delegation of authority for hotel management

  • Conducts monthly inspections and tests to ensure all departments are complying with required procedures

  • Performs those duties required by the controls checklist issued by IHG Regional Director of Finance and Business Support / Area V.P. Finance

  • Reviews prices and recommends pricing strategy to the General Manager

  • Implements and maintains acceptable accounting practices and procedures as required by InterContinental Hotels Group Policy, generally accepted accounting practices, and as affected by local conditions

  • Select and monitor the Local Banking arrangements made for the operation of the Hotel in conjunction with the Hotel Owners

Qualifications

QUALIFICATIONS AND REQUIREMENTS

  • Minimum Bachelor’s Degree or equivalent in Finance or related field

  • Minimum 3 Years of related work experience, with supervisory role

  • Must be conversant in English.

Job: Finance & Business Support

Location: Singapore-Singapore City

Requisition ID: SIN002369