Job Description

Job Number 23042140
Job Category Finance & Accounting
Location Singapore EDITION, One Marriott Drive, Singapore, Singapore, Singapore
Schedule Full-Time
Located Remotely? N
Relocation? N
Position Type Management

HOTEL DESCRIPTION

The first Singapore EDITION, located on the west end of the Orchard commercial district. In all, the eight-storey hotel will feature 204 rooms, stylishly designed with a sophisticated flair. It will be Edition Hotels\xe2\x80\x99 first ultra-luxe offering. Hotel is projected to open in Q3, 2023.

JOB SUMMARY

Develops and implements property-wide strategies that deliver products and services to meet or exceed the needs and expectations of the brand\xe2\x80\x99s target customer and property employees. The position provides the financial expertise to enable the successful implementation of the brand service strategy and brand initiatives while maximizing the return on investment. In addition, creates and executes a business plan that is aligned with the property and brand\xe2\x80\x99s business strategy and focuses on the execution of financial and accounting activities and the delivery of desirable financial results.

CANDIDATE PROFILE

Education and Experience

• 4-year bachelor\'s degree in Finance and Accounting or related major; 1 year experience in the finance and accounting or related professional area.

OR

• Master\'s degree in Finance and Accounting or related major; no work experience required.

CORE WORK ACTIVITIES

Assists in Conducting Strategic Planning and Decision Making

• Assists in the development of means to improve profit, including estimating cost and benefit, exploring new business opportunities, etc.

• Analyzes information, forecasts sales against expenses and creates annual budget plans.

• Compiles information, analyzes and monitors actual sales against projected sales.

• Analyzes differences between actual budget wages and forecasted wages for more efficient budget planning.

• Identifies the underlying principles, reasons, or facts of information by breaking down information or data into separate parts.

• Assists in the creation of the annual operating budget for the property.

• Provides analytical support during budget reviews to identify cost saving and productivity opportunities for property managers.

• Assists in the implementation of a system of appropriate controls to manage business risks.

• Ensures a strong accounting and operational control environment to safeguard assets, improve operations and profitability.

• Analyzes financial data and market trends.

• Assists in the development and implementation of a comprehensive annual business plan which is aligned with the company\xe2\x80\x99s and brand\xe2\x80\x99s strategic direction.

• Provides on going analytical support by monitoring the operating department\xe2\x80\x99s actual and projected sales.

• Produces accurate forecasts that enable operations to react to changes in the business.

Leading Finance & Accounting Team

• Utilizes interpersonal and communication skills to lead, influence, and encourage others; advocates sound financial/business decision making; demonstrates honesty/integrity; leads by example.

• Communicates the strategic goals, the focus and the owner priorities to subordinates in a clear and precise manner.

• Oversees internal, external and regulatory audit processes.

• Provides excellent leadership by assigning team members clear accountability backed by appropriate authority.

• Conducts annual performance appraisals with direct reports according to Standard Operating Procedures.

Anticipating and Delivering on the Needs of Key Stakeholders

• Attends meetings and communicating with the owners, understanding the priorities and strategic focus.

• Understands and meets the needs of key stakeholders (owners, corporate, guests, etc.).

• Communicates financial concepts in a clear and persuasive manner that is easy to understand and drives desired behaviors.

• Demonstrates an understanding of cash flow and owner priorities.

• Manages communication with owners in an effective manner.

• Manages property working capital and cash flow in accordance with brand SOPs and owner requirements.

• Facilitates critique meetings to review information with management team.

Developing and Maintaining Finance and Accounting Goals

• Ensures Profits and Losses are documented accurately.

• Monitors all taxes that apply, ensuring that taxes are current, collected and/or accrued.

• Submits reports in a timely manner, ensuring delivery deadlines.

• Develops and supports achievement of performance goals, budget goals, team goals, etc.

• Improves profit growth in operating departments.

• Reviews audit issues to ensure accuracy.

Managing Projects and Policies

• Generates and provides accurate and timely results in the form of reports, presentations, etc.

• Reconciles balance sheet to ensure account balances are supported by appropriate documentation in accordance with SOPs.

• Ensures that the P&L is accurate (e.g., costs are properly matched to revenue, costs are recorded in the proper accounts).

• Ensures compliance with management contract and reporting requirements.

• Ensures compliance with standard and local operating procedures (SOPs and LSOPs).

• Ensures compliance with Standard Operating Procedures (SOPs).

Managing and Conducting Human Resource Activities

• Ensures team members are cross-trained to support successful daily operations.

• Ensures property policies are administered fairly and consistently.

• Ensures new hires participate in the department\xe2\x80\x99s orientation program.

• Ensures new hires receive the appropriate new hire training to successfully perform their job.

• Creates appropriate development plans which develop team members based on their individual strengths, development needs, career aspirations and abilities.

• Conducts performance review process for employees

• Participates in hiring activities as appropriate.

Marriott International is an equal opportunity employer. We believe in hiring a diverse workforce and sustaining an inclusive, people-first culture. We are committed to non-discrimination on any protected basis, such as disability and veteran status, or any other basis covered under applicable law.

EDITION Hotels combine the visionary genius of boutique hotelier Ian Schrager, the service delivery of a world-class luxury hotel, and the global reach of Marriott International to create an entirely new experience in the world of hospitality. Our hotels are stunning microcosms of the world\'s top cities, featuring the finest in dining, entertainment, nightlife, and service to create an enchanting experience that makes your spirit soar!

But to create this magical experience, we need you.

EDITION is hiring warm, out-going, authentically amazing people who are looking for a place to work that inspires them, challenges them and makes them proud to come to work. A place where service comes from the heart, not from a handbook. A place that delivers a never-ending theatrical performance that continuously delights and enchants each and every one of our guests.

We invite you to join us today.

Edition Hotels