Director of Finance & Business Support

Hotel Indigo colleagues are the people at the centre of every new story. They make all guests feel welcome in the neighbourhood and at home in the hotel. At Hotel Indigo® we deliver inspired service. Our guest are explorers. A discerning set of individuals who bring their curiosity, uniqueness, and informality to everything they do in life. They are people who approach travel as an opportunity to expand their mind, learn new things, and create memories they can share that last a lifetime.

Hotel Indigo colleagues are warm, personal, and unscripted. They embrace the individuality and diversity of everyone. They enjoy iconic, worldly locations and are drawn to discovering what makes each of them unique. They are inspiring storytellers who inject positivity into their environment. They combine informality and fun with professionalism and sophistication.

Join us as a Director of Finance & Business Support in Hotel Indigo Singapore Katong. You'll have ambition, talent and obviously, some key skills. We're looking for someone who is:

Responsible for the supervision of all members of the Finance 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 to provide business support.

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: 

• Works with Superior on manpower planning and management needs
• Assists in planning for future staffing needs 
• Assists in recruiting in line with company guidelines 
• Prepares detailed induction program for new staff

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
• 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

Qualifications and Requirements:

Bachelor’s degree in Accounting, Finance or related field.  CPA preferred. 4-8 years in hotel accounting or audit with at least one year in an Assistant Controller or similar supervisory role, or an equivalent combination of education and work-related experience. 

Demonstrates 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. Possesses problem solving, reasoning, motivating, organizational and training abilities. Has good communication and writing skills.

In return for your hard work, you can look forward to a highly competitive salary and benefits package, including

• Duty Meals
• Birthday Off
• Medical Benefits
• Dental 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 because the Hotel Indigo 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 6000 hotels in over 100 countries around the world.