Finance Manager

2 weeks ago

Downtown Tanjong Pagar, Singapore SOFITEL SINGAPORE CITY CENTRE Full time $80,000 - $120,000 per year

Job Description:

  • Oversee daily accounting operations, supervising the accounts payable, receivable, income audit, fixed assets, and general ledger functions.
  • Ensure all Finance Operations comply with policies and procedures.
  • Review, prepare and post journal entries, ensuring efficient and timely completion of month-end process.
  • Prepare the trial balance and financial reports.
  • Review and analyze all accounts before issuing final monthly financial statements.
  • Responsible for preparation of the various monthly reports as required by Management.
  • Perform bank reconciliation and month-end reconciliation of all general ledger balances.
  • Ensure that sub-ledgers and supporting evidence are in order and properly maintained to support the General Ledger.
  • Ensure that all monthly balance sheets are balanced and all bank reconciliations are up-to-date.
  • Ensure that relevant day to day transactions are completed and have been verified for the Director of Finance and General Manager to review and sign.
  • Review the daily revenue report and Income Journal prepared by the Income Auditor.
  • Manage prepaid and accrued expense monthly allocations as well as other allocated expense calculations and make sure that they are properly accounted for.
  • Ensure timelyupdates to Fixed Assets Register and conduct periodic Fixed Assets counts.
  • Review and submit quarterly GST reports.
  • Prepare CAPEX and contract evaluation for submission to Management.
  • Maintain close communication with the auditors and to communicate instructions for the preparation of internal and external audits, preparing all necessary data and documents, in conjunction with the Director of Finance.
  • Assist the Director of Finance in compiling budgets and forecasts and to aid Department Heads by providing historical data or support details.
  • Assist the Director of Finance in the preparation of cash flow projections and review/finalize capital budget for the Hotel.
  • Assist in the implementation of the Hotel annual budgets.
  • Ensure that all tax matters are treated in a proper manner and in compliance with related legislation.
  • Be thoroughly familiar with the duties and responsibilities of all the Finance personnel under his/her supervision.
  • Oversee the operations of the department during the Director of Finance's absence and therefore, to be fully acquainted with the Director of Finance's job descriptions in order to carry out those responsibilities.
  • Be fully acquainted with the established financial standards and procedures set by the Hotel and in line with the Uniform System of Account for Hotels.

Job Requirements:

  • Minimum 5 years' experience in relevant field.
  • Degree or Diploma in Business, Accounting, Finance or Hospitality.
  • Excellent knowledge of hotel accounting software SUN and good knowledge in Opera, Material Control/ Futurelog and Micros/ Infrasys POS.
  • Strong interpersonal skills, confident, approachable, patient with excellent communication skills.
  • Ability to study, analyze and interpret financial information with a strong understanding of overall hotel operations.

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