Finance Manager

Job Description

As the Finance Manager, you will take charge of the hotel's financial integrity, leading finance operations, ensuring accurate reporting, and supporting strategic decisions through financial insights. You will oversee the finance team and contribute to safeguarding the financial health of one of the world’s most iconic luxury hotels.

Key Responsibilities

• Oversee day-to-day accounting activities, including general ledger maintenance, month­‑end and year‑end closing processes, and preparation of financial statements.
• Manage the Accounts Payable and Receivable functions, ensuring timely invoicing, reconciliation, and resolution of discrepancies.
• Reconcile bank statements, oversee cash handling and petty cash, monitor daily reports, and validate financial transactions.
• Collaborate with department heads to support budgeting, forecasting, and variance analysis, offering recommendations for performance improvement.
• Implement and monitor internal control measures to secure hotel assets and ensure compliance with accounting standards and regulatory requirements.
• Lead and mentor accounting staff; coordinate audits and liaise with external auditors and tax authorities as necessary.
• Prepare and analyze management reports such as income statements, balance sheets, cash flows, and participate in financial strategy discussions.
• Contribute to the hotel's CSR and sustainability initiatives, aligning with brand values.

Administrative Responsibilities

• To ensure the hotel hold all required licenses and permits to operate.
• To ensure the hotels has adequate insurance policies in place as stipulated in the Management Agreement.
• To review all proposes contracts for pricing and terms, ensuring that hotel’s interest comes first and is protected at all times.
• To provide assistance to other operational departments in the definition, implementation, and follow-up of improved internal control tools.
• To maintain close communication with third parties such as the Owning Company, Public Auditors, External Auditors, local authorities, and Accor Regional Office.

Technical Responsibilities

• To oversee and ensure the smooth running of Account Receivable, Credit, and Cashiering functions, in particular:
• That all account receivable balances are bona fide and appropriate actions taken to collect.
• To regularly organize Credit Meetings with the participation of the General Manager and all concerned Head of Department where all debtors’ balances are analyzed.
• To oversee the maintenance of the Account Receivable sub-ledger in creating new debtors’ code or updating Credit Limits (Credit Facility).
• The safeguards of all hotel cash and bank assets: to certify all monthly bank and credit card reconciliation, to ensure that all daily cash and cheque collection are duly verified and banked-in intact on a daily basis.
• To oversee and ensure the smooth running of the overall Cost Control functions.
• To oversee and ensure the smooth running of the purchasing functions, in particular that all procurement of goods and services are done in accordance with the hotel policies and procedures.
• To oversee and ensure the smooth running of the overall payroll and general administrative functions.
• To oversee all legal and tax matters related to the hotel in liaison with consultants and local authorities.
• To oversee and ensure the smooth running of the hotel’s computer system.

Qualifications

• Bachelor’s degree in Accounting or a relevant field
• Must possess a Certified Public Accountant (CPA) license in good standing
• Minimum 5 years experience in management
• Minimum 8-10 years experience as a CPA in a corporate setting
• Extensive corporate and personal tax experience
• Exceptional computer skills, including Microsoft Office and databases
• Consistent, accurate, and thorough, with an eye for details
• Outstanding communication skills, written and verbal
• Able to thrive in a deadline-driven environment
• Able to motivate the team and lead by example

Additional Information

Join our team and enjoy a range of exclusive colleague perks, including complimentary upgrades, extended stays, discounted stays across Fairmont & Raffles properties, special dining and wellness discounts, and added luxuries to enhance your experience. We believe in taking care of our team, ensuring that your hard work is rewarded with exceptional benefits.

Our Values

Respect:

We value the needs, ideas and individuality of others. We treat everyone with fairness and dignity.

Excellence:

We make genuine connections, and we cherish every opportunity to make the people around us feel special.​

Belonging:

We celebrate our differences. We support each other and we always stand together.​

Empowerment:

We have authority to take initiative and anticipate moments that create unforgettable experiences. ​

Integrity:

We build trust through mutual respect and being authentic.

Diversity & Inclusion

Raffles is committed to creating an inclusive environment where diverse talent thrives. We welcome candidates from all backgrounds to join our team.