As a Director of Finance & Business Support, you will be a key member of our leadership team, responsible for overseeing the financial and business support functions of the hotel. Your expertise in financial management, strategic planning, and business analysis will drive our financial success and ensure operational efficiency.
Key Job Responsibilities:
Develop and execute the hotel's financial strategy, aligning it with company objectives.
Lead budgeting, forecasting, and financial planning efforts, ensuring financial goals are met.
Provide financial guidance and recommendations to the General Manager and senior management.
Prepare and analyze financial statements, identifying trends and variances.
Monitor financial performance, highlighting areas for improvement or cost-saving opportunities.
Maintain accurate and timely financial records, complying with regulatory requirements.
Collaborate with various departments to evaluate and optimize business processes.
Conduct feasibility studies and financial analysis for potential projects or investments.
Assist in business development efforts and strategic decision-making.
Manage cash flow and liquidity, ensuring the availability of funds for operational needs.
Implement effective treasury and cash management practices.
Identify financial risks and implement risk mitigation strategies.
Ensure compliance with financial regulations, company policies, and industry standards.
Facilitate internal and external audits as needed.
Manage and develop a finance and business support team, fostering a culture of excellence.
Provide training and mentorship to colleagues to enhance financial knowledge and skills.
Implement cost-control measures while maintaining quality and service standards.
Oversee procurement processes, negotiating vendor contracts and optimizing supplier relationships.
Stay updated on financial technology trends and recommend system improvements.
Ensure the efficient use of financial systems and tools.
Operate in a safe and environmentally friendly manner, prioritizing guests' and colleagues' health and safety, as well as environmental conservation.
Adhere to hotel environmental, health, and safety procedures and policies.
Millennium Hotels and Resorts (MHR) is the global brand of Millennium & Copthorne Hotels Limited (M&C), a global hotel company which owns, manages and operates nearly 140 hotels across some 80 locations.
It has several distinct hotel brands, including Grand Millennium, Millennium, The Biltmore, M Social, Studio M, M Hotel, Copthorne and Kingsgate, throughout Asia, Europe, the Middle East, New Zealand and the United States.
Its properties are in key getaway cities such as London, New York, Los Angeles, Paris, Dubai, Beijing, Shanghai, Seoul, Tokyo, Singapore and Hong Kong. Occupying the best locations around the world, MHR is ideal for both business and leisure travellers.
M&C is the hotel arm of Singapore-listed global real estate company City Developments Limited, and is a member of the Hong Leong Group.
