Cost Controller – W Singapore – Sentosa Cove – Singapore

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Job Number 1900022L
Job Category Finance and Accounting
Location W Singapore – Sentosa Cove| Singapore| Singapore VIEW ON MAP
Brand W Hotels
Schedule Full-time
Relocation? No
Position Type Management

Start Your Journey With Us
Boldly coloring outside the lines of luxury| W turns the traditional notion of
the extravagant hotel on its head. Our irreverent attitude and taste for
excess redefine revelry for the modern jet set. Our guests have a lust for a
life less ordinary that drives them to demand more| experience it all| and hit
repeat.
We share our guests’ passions| providing insider access to what’s new and
what’s next. Moderation is not in our vocabulary and we know that lust for
life demands more| not less. W guests soak it in and live each day with a
mantra: Detox.Retox.Repeat. If you’re ready to create the energetic W scene
that is magnetic to everyday disruptors around the world| then we invite you
to explore a career with W Hotels.

JOB SUMMARY

The position champions and implements property-wide strategies that deliver
products and services to meet or exceed the needs and expectations of the
brand’s 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.

CANDIDATE PROFILE

Education and Experience

• 4-year bachelor|s degree in Finance and Accounting or related major; no work
experience required.

CORE WORK ACTIVITIES

Supporting Strategic Planning and Decision Making

• Analyzes financial data and market trends.

• Assists in analyzing information| forecasts sales against expenses and
creates annual budget plans.

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

• Assists in developing means to improve profit| including estimating cost and
benefit| exploring new business opportunities| etc.

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

• Thinks creatively and practically to develop| execute and implement new
business plans

• Protects and strengthens our competitive advantage by advocating and
supporting sound business and financial decision making.

• Implements a system of appropriate controls to manage business risks.

Leading Accounting Teams

• 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 goals and the owner priorities to subordinates in a clear
and precise manner.

• Provides excellent leadership by assigning team members and other
departments managers| clear accountability backed by appropriate authority.

• Holds staff accountable for successful performance.

Developing and Maintaining Finance and Accounting Goals

• Supports property strategy from a finance and accounting perspective

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

• Ensures Profits and Losses are documented accurately.

• Achieves and exceeds goals including performance goals| budget goals| team
goals| etc.

• Ensures appropriate corrections are made to audit results if necessary.

• Reviews audit issues to ensure accuracy.

Managing Projects and Policies

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

• Generates and providing accurate and timely results in the form of reports|
presentations| etc.

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

• Oversees internal| external and regulatory audit processes.

• Ensures compliance with Standard Operating Procedures (SOPs).

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

Anticipating and Delivering on the Needs of Key Stakeholders

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

• Understands the owners| perspective and ROI expectations.

• Anticipates and addresses owner needs and involves ownership in key
decisions.

• Leverages strong functional leadership and communication skills to influence
the executive team| the property|s strategies and to lead own team.

• Advises the GM and executive committee on existing and evolving
operating/financial issues.

• Facilitates critique meetings to review information with management team.

• Attends owners meetings in order to provide context and explanation for
financial results.

• Attends meetings and communicates with the owners| understanding the
priorities and strategic focus.

• Demonstrates a commitment to meeting the needs of all key stakeholders.

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

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’s 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.

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