[ref. b11425600] Bukit Merah - Financial Controller

Tasks/Responsibilities:

• Assists and provides financial guidance in the formulation and implementation of the Strategic Plan, Budget and Goals Program
• Maximizes cash flow performance through controls on inventory, credit and collection, disbursements and remittances. Maintain accurate cash flow forecasts and ensure adequate notice is given to Owners/senior leadership team, of any future cash requirements.
• Maximises cost effectiveness, profitability by managing the Finances through planning and controlling of revenue, costs, payroll and expenses.
• Maintains accurate and timely financial reports and operating information and provides analysis interpretations and projections to management as required.
• Provides administrative support to Management with reference to policy enforcement, business advice and operational assistance.
• 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
• Conducts monthly audits to ensure all departments are complying with required procedures.
• Spearhead the property annual budget and ongoing Profit and Loss review process. Investigation of reasons for significant variances from budget as directed by the General Manager/ Owners' Representatives.
• Maintenance of all ledgers, journals, and other accounting records
• Ensure that the balance sheet is an actual reflection of the assets and liabilities. The balance sheet must be regularly reviewed and reconciled for all accounts.
• Responsible for creating internal control and audits for the different departments.
• Responsible for achieving annual finance audit targets.
• Oversees all account payable processes to ensure timely and accurate completion.
• Ensure legal and tax compliance and that adequate insurance coverage is maintained.

• 10+ years experience in finance leadership
• Professional degree in Accounting, Finance or related discipline required.
• Strong people leadership – influential, demonstrates flexibility in approach, and motivates others to achieve desired results;
• Demonstrated success in evaluating risks and developing strategies and plans to mitigate business issues.
• Results oriented; delivers results under difficult conditions and demonstrates balanced judgment under pressure.
• Good finance, accounting and analytical skills, including experience with cash management, forecasting, revenue management strategies, capital expenditure planning and budgeting, and project management.
• Knowledge in generally accepted finance and accounting policies, principles and controls.
• Strong qualitative and quantitative analytical skills; ability to take large volumes of complex information and present it in a clear and concise manner to senior management, owners and franchisees; uses data and a cogent problem-solving methodology in decision making and impact assessment.