Assistant Financial Controller

Job HighlightsDynamic and Diverse Environment

Opportunities for Career Growth

Attractive Employee Perks and Benefits
- Job Description

At **Holiday Inn® Hotels & Resorts**, our job is to bring the joy of travel to everyone. That’s where you come in. When you’re part of the Holiday Inn Hotels & Resorts brand, you’re more than just a job title.

At Holiday Inn, we look for people who are friendly, welcoming and full of life; people who are always finding ways to make every guest’s experience an enjoyable one.

**Holiday Inn Singapore Orchard City Centre** is looking for an Assistant Financial Controller who is able to provide the Management Team with timely financial analysis for effective decision-making. Prepare all statutory and management requirements of InterContinental Hotels Group and Owners. Develop financial strategies including IT strategies to help develop the business and review periodically. Responsible for the supervision of all members of the Accounting Department. Interact with the hotel’s legal counsel, insurance companies, tax consultants, auditors, and commercial and government banks to effectively control the assets of the business and to provide business support.

Responsibilities include, but are not limited to:

- Assist and provide financial guidance in the formulation and implementation of Strategic Plans, Budget and KPOs (Goals Program)
- Ensure an up-to-date cash flow projection is maintained and maximize the cash flow performance of the hotel through controls on inventory, credit and collection, disbursements, deposits, and remittances
- Ensure excess cash is managed to maximize earning potential
- Prepare outlooks for forthcoming months and forecasts for the remainder of the year
- Prepare monthly position of actual results against budget, analyze results, and recommend to Executive Committee measures required to meet budget
- Prepare consolidated quarterly position assessments for the General Manager
- Distribute outlook and forecast information as an up-to-date management tool for operating departments
- Implement and review financial controls and policies
- Analyze financial and management reports
- Design internal reporting systems required by the department and hotel
- Employ adequate internal control procedures to ensure correct authorization for payment procedures
- Manage internal and external audits when they occur
- Provide safekeeping, including proper storage and access for all contracts, leases, and other financial records
- Follow up on all capital expenditures to ensure compliance with original justification and approval
- Participate in locally recognized professional and industry organizations
- Recommend and maintain an appropriate list of delegation of authority for hotel management
- Conduct monthly inspections and tests to ensure all departments are complying with required procedures
- Perform those duties required by the controls checklist issued by IHG Regional Director of Finance and Business Support / Area V.P. Finance
- Review prices and recommend pricing strategy to the General Manager
- Select and monitor the Local Banking arrangements made for the operation of the Hotel in Conjunction with the Hotel Owners
- Review of operating equipment stores to avoid unnecessary/excessive purchases and to eliminate (or at least be aware) obsolete slow-moving items
- Ensure all accounts are reconciled on a monthly basis, review and approve those reconciliations
- Ensure payments are made to IHG (All Fees and billings) as fast as possible
- Assist in the maintenance of the fixed asset register on an annual basis
- Together with the IT Manager develop yearly strategic goals for the hotel relating to financial measures
- Work with the Head of Departments to perform ad hoc cost-benefit analysis on various projects

**What We Need From You**

Bachelor’s degree in Accounting, Finance, or related field and 4 years in hotel accounting or audit with at least one year in a similar supervisory role, or an equivalent combination of education and work-related experience. CPA preferred.

**Required Skills**:

- Demonstrated 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
- Problem-solving, reasoning, motivating, organizational, and training abilities.
- Good writing skills

**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 Leave on your birthday month
- Monthly LOVE Hour
- Medical, dental & optical 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