Novotel Stevens : Director of Finance

Novotel Singapore on Stevens:
Director of Finance

Company Description

Novotel Singapore on Stevens and Mercure Singapore on Stevens are committed to attracting, recruiting and retaining diverse talents from all walks of life. At Novotel Singapore on Stevens and Mercure Singapore on Stevens, we value and celebrate diversity, provide pay equity and equal opportunities for promotion, training and development programmes. We pride ourselves in creating and sustaining an inclusive and equitable working and learning environment for all.

Located along the arterial road that leads to Singapore’s iconic Orchard Road sits a stunning new lifestyle hub – the 254‑room Novotel Singapore on Stevens and 518‑room Mercure Singapore on Stevens, along with an eclectic array of F&B outlets. Step into this lush urban paradise equipped with an infinity pool, lap pool, tennis court, 24‑hour gym, 9 meeting spaces, ballrooms and 4 hotel restaurants and bars, with 7 additional dining outlets.

Awarded Gold in the 2018 Melbourne Design Awards for its creative architecture, the Novotel Singapore on Stevens and Mercure Singapore on Stevens building tells a unique story from its aerial view to the elements around the hotel.

• Oversee the daily operations of the Finance department
• Ensure schedules and reconciliation are completed timely and accurately
• Drive cost efficiency initiatives
• Direct and coordinate hotel financial planning, forecast and budget management functions
• Monitor and analyze monthly operating results against budget
• Direct and coordinate debt financing and debt service payments with external agencies
• Prepare annual reports of actual revenues, transfers, and expenses
• Analyze financial outlooks and prepare financial forecasts
• Prepare financial analysis for contract negotiations and product investment decisions
• Ensure compliance with local, state, and federal budgetary reporting requirements
• Establish and implement short‑and‑long‑range departmental goals, objectives, policies and operating procedures
• Maintain an organizational structure and staffing to effectively accomplish the department’s goals and objectives
• Serve as primary legislative liaison relative to company financial issues
• Direct financial audits and provide recommendations for procedural improvements
• Conduct regular checks on procedures for purchasing, receiving, storing, issuing, food preparing and portioning

• Interview, select and recruit direct reports
• Identify and develop team members with potential
• Conduct performance review and manages performance issues that arise within the management team
• Constantly monitor team members performance, attitude and degree of professionalism
• Work with Talent & Culture function to ensure appropriate hiring, training, motivating, coaching, counseling and development of team members according to the changing needs of the business
• Conduct monthly departmental meetings to provide information to team members, obtain their feedback, rectify issues

• Attend all briefings, meetings and trainings as assigned by management
• Maintain a high standard of personal appearance and hygiene at all times
• Be aware of the hotel fire & life safety/emergency procedures
• Perform other reasonable duties assigned by the Management

• Bachelor’s Degree in Accounting / Finance
• Experience in hospitality industry will be highly preferred
• Additional certificate as a Certified Public Accountant (CPA) will be an advantage
• Minimum 5 years of experience in a similar capacity
• High degree of professionalism with strong understanding of business acumen
• Excellent reading, writing and oral proficiency in English language
• Proficient in MS Excel, Word, PowerPoint, and relevant financial and accounting reporting systems

• Strong leadership and interpersonal skills
• Excellent communication and customer contact skills
• Results and service oriented with an eye for details
• Ability to multi‑task, work well in stressful & high‑pressure situations
• A team player & builder
• A motivator & self‑starter
• Well‑presented and professionally groomed at all times

Director

Full‑time

Finance and Sales

Hospitality