Finance Manager

About Us

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.

Job Overview

Responsible for the supervision of all members of the Accounting Department; Providing functional guidance to Executive Committee and Department Heads; Interacting with hotel’s legal counsel, insurance companies, tax consultants, auditors, commercial and government banks to effectively control the assets of the business and to provide business support.

Your Duties and Responsibilities

Financial Returns:

• 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 the hotel 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 Executive Committee 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

• Analyse financial and management reports

• Design internal reporting systems required by the department and hotel

• Manage internal and external audits when they occur

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

• Reviews prices and recommends pricing strategy to the General Manager

• Ensure all accounts are reconciled on monthly basis, review and approve those reconciliation’s

• Ensure payments are made to IHG (All Fees and billings) as fast as possible
  

People:

• Communicate with Owners and maintains good relations and attends liaison meetings when required

• 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

• Participates in local recognized professional and industry organizations

• Works with Human Resources on manpower planning and management needs
  

Guest Experience:

• Respond in a courteous and prompt manner to all guest questions, complaints and/or requests to ensure a high level of guest satisfaction.

• Audit and oversee the accuracy of all guest billing.
  

Responsible Business:

• 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

• 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

• 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

• Review of operating equipment stores to avoid unnecessary/excessive purchases and to eliminate (or at least be aware) of obsolete slow moving items

• Demonstrate Awareness of OH&S policies and procedures and ensure all procedures are conducted safely and within OH&S guidelines and ensure your direct reports do the same

• Be aware of duty of care and adhere to occupational, health and safety legislation, policies and procedures

• Be familiar with property safety, first aid and fire and emergency procedures and enforce these in your areas

• Initiate action to correct a hazardous situation and notify supervisors of potential dangers

• Ensure security incidents and accidents are logged, investigated and rectified to prevent future catastrophes
  

What we need from You

• Bachelor’s Degree in Accounting, Finance or related field

• 3-5 years in Hotel accounting or audit with at least one year in Finance Manager or similar supervisory role

• Proficient in the use of Microsoft Office

• Possess problem solving, reasoning, motivating, organizational and training abilities
  

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

• Extensive coverage of Medical, dental & optical benefits

• Insurance Coverage

• 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 because the Holiday Inn Hotels & Resorts brand belongs to the IHG® family of brands, you’ll also benefit from all of the opportunities that come from being part of a successful, global hospitality company with over 6,000 hotels in over 100 countries around the world. So whoever you are, whatever you love doing, bring your passion to Holiday Inn and IHG and we’ll make sure you’ll have Room to be yourself. Find out more about joining us today by going to careers.ihg.com