As a Finance Manager, you will be a vital part of our finance team, responsible for overseeing financial operations, managing financial data, and contributing to the achievement of the financial goals. Your expertise in financial management will play a pivotal role in ensuring the fiscal health and success of the hotel.
Key Job Responsibilities:
Oversee the entire financial accounting cycle for the Real Estate department, which includes Revenue recognition & Accounts receivable, vendor payments, lease agreements, and property-related expenses.
Responsible for the timely closure of books on monthly basis and preparation of MIS reporting to the management
Prepare and review financial statements, reports, and presentations for senior management and stakeholders on Monthly/Quarterly/Annual basis.
Ensure compliance with accounting standards, regulatory requirements, and internal policies. • Preparing monthly and quarterly cash flow projections.
Conduct financial analysis, budgeting, forecasting, and variance analysis to support strategic decision-making.
Ensure compliance with financial regulations, tax laws, and contractual obligations.
Coordinate with external auditors for the completion of financial audits.
Develop and implement financial budgets and forecasts for the Real Estate department.
Monitor and control departmental expenses, identifying and implementing cost-saving measures.
Partner with other departments across the organization, including Leasing and facilities management for the seamless day to day operations and provide necessary support from finance department.
Lead and manage a team of finance professionals, providing guidance, coaching, and performance feedback.
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.
