Director of Finance
PARKROYAL on Pickering, a PARKROYAL Collection hotel
ABOUT PARKROYAL ON PICKERING
With a stunning hotel-in-a-garden concept incorporating 15,000 square metres of lush greenery, PARKROYAL on Pickering, a PARKROYAL Collection hotel, breathes new life into urban hospitality with an array of energy-saving features. Strategically located in Chinatown, at the gateway to the Central Business District and Clarke Quay, this iconic hotel connects you to the best Singapore has to offer.
Reporting to Vice President, Finance and General Manager, PARKROYAL on Pickering, the Director of Finance will be responsible for providing the necessary financial support to Department Heads to facilitate the achievement of the hotel’s financial targets. As a member of the Executive Committee, he/she will partake in all operational, financial and marketing decisions as well as investigates opportunities and implements procedures for improved profitability and assist and advise where necessary on various aspects of hotel operations. The incumbent will also maintain control over the Hotel’s assets, liabilities, income and expenditure on behalf of both the Operator and Owner and provide management, leadership and accountability for the financial performance of the hotel.
·Co-ordinates the preparation and submission of month end financial reports, including Profit & Loss Account, Balance Sheet and financial analysis, in compliance with PPHG’s finance procedures and reporting timeline.
·Reviews monthly general journals and balance sheet reconciliations and ensure that these are appropriately supported and in accordance with PPHG finance procedures.
· Monitors Accounts Receivable collection status.
·Co-ordinates the preparation of monthly Profit & Loss forecasts and annual budgeting process.
·Prepares a monthly cash flow forecast and discuss any corrective action required.
·Monitors business results and make recommendations for potential revenue and profit enhancements.
·Liaises with Department Heads regarding their performance against budget and provide them with information and training as required.
·Reviews submitted capital expenditure projects and monitor compliance with approved Capital Budget.
·Oversees the maintenance of the hotel fixed asset register.
·Contributes to the senior management group’s development of short and long term strategies and business plans.
·Ensures the smooth conduct and completion of the annual statutory audit.
·Ensures hotel insurances are in compliance with the hotel management contract. Liaises with PPHG Corporate department with regards to the renewal of policies and local insurance company and/or brokers in relation to any claims.
·Ensures hotel supplier contracts are in compliance with PPHG finance policies and procedures and hotel management contract.
·Monitors the hotel's compliance with PPHG finance policies and procedures and to implement new policies and procedures where necessary.
·Co-ordinates the hiring, training and performance evaluation of Finance Department associates.
·Degree in Accounting or Finance field
·Minimum 6 to 8 years of experience in similar role in the hospitality industry.
·Strong analytical skills.
·Strong supervisory and leadership skills
·Possess the ability to fully manage a project from design stage to execution, preferably having experience in managing multiple projects at the same time
·High level of integrity
·Excellent interpersonal and human relations abilities
·Excellent oral and written communication skills.
HOW TO APPLY:
Please write in with your detailed resume and email us at firstname.lastname@example.org.
*We regret to inform that only shortlisted candidates will be notified.