Millennium Hotels and Resorts
Base pay range
$130.00/yr - $140.00/yr The Bostonian Hotel Boston - Director of Finance Millennium Hotels and Resorts is a Hong Leong subsidiary of Singapore-listed global real estate company City Developments Limited (CDL). Headquartered in Singapore, Millennium Hotels and Resorts is Singapore’s largest homegrown operator of international hotel brands spanning 4 continents and 80 strategic destinations. With a portfolio that includes timeless masterpieces to lifestyle properties, Millennium Hotels and Resorts comprises of the brands: The Biltmore, Grand Millennium, Millennium, M Social, Studio M, M Hotel, Copthorne and Kingsgate. The group also has a specially curated selection of uniquely inimitable properties under Leng’s Collection, which has been put together by our chairman, Mr. Kwek Leng Beng. Millennium Hotels and Resorts are committed to crafting inspired workplaces that deliver the ultimate guest experiences and maximize investor returns. Millennium Hotels and Resorts pursue perfection and improves the process daily, ensuring they never accept the status quo, and hold each other accountable. The team is comprised of compassionate leaders who seek to understand, be part of the solution, express gratitude, and humility, and celebrate success with all they do. The Bostonian Hotel Boston Hotel is a AAA Three Diamond
rated hotel nestled in one of the city’s most coveted locations. Set amid the hustle and bustle of North End Boston near South Station, our redbrick façade and classic interiors are an iconic blend of old and new. With most major attractions within walking distance, like Quincy Market and The Freedom Trail, we invite our guests to fully immerse themselves in the city’s historical past. Urban explorers and families can tour the city and rest easy in our spacious rooms, with charming amenities like Juliette balconies to peer at the view below and working fireplaces for those blustery wintertime visits. From the moment you’re greeted at the door, our hotel near Faneuil hall offers you an impeccable level of comfort and award-winning service that will make our guests visit to Boston even more memorable. The Bostonian Hotel Boston -Director of Finance
is responsible for performing all hotel accounting and finance duties and providing project leadership on an ad hoc basis. They will provide consistent leadership and accountability in the hotel's financial area by supplying the accounting staff and hotel leadership with guidance and training. They are also responsible for focusing on the profitability of the business, maintaining accurate and timely financial reporting, ensuring acceptable levels of internal control, ensuring compliance with all federal, state, and local regulations, and safeguarding owners/investors' assets. Responsibilities
Prepare timely weekly/monthly/quarterly/annual financial reports and plans for the properties. Oversee the preparation and ensure the accuracy of hotel revenues daily via the Income Journal. Monitor and control hotel operations, cash flow, and operating forecasts for the property. Maintain timely interaction with Department Heads to ensure property operations are on track and under control. Prepare monthly bank reconciliations and general ledger account reconciliations for properties as necessary. Participate in revenue/yield management strategy meetings. Comply with the company’s Accounting Policies and Procedures and internal controls for finance and accounting operations. Effectively manage and communicate issues related to receivables, payables, daily cash balances, and timely deposits of all funds. Monitor hotel revenues and expenses to ensure accurate recording and advise Department Heads in maintaining the company’s financial objectives. Investigate variances to budget/forecast or prior year and offer practical improvement methodologies to management. Assist with hiring, training, supervision, and development of staff, including coaching, counseling, and discipline. Assist with Internal/External/Sales Tax audits as required. Participate as an active member of the management team. Prepare any special reports, statements, etc., as requested. Undertake other special projects and responsibilities as assigned. Extended hours are sometimes required. Qualifications
Bachelor's Degree, preferably in Accounting or Finance. 3-5 years previous experience as Hotel Director of Finance/Controller Strong PC skills including Excel, Word and financial accounting systems. Strong organizational, analytical, and verbal and written communication skills. Full general ledger experience and month end closing experience is preferred Ability to communicate effectively. Ability to work under pressure. Exceptional organizational skills. Ability to meet deadlines. As the DOF of Millennium Bostonian Hotel, the candidate must exemplify honesty, integrity, and discretion, be highly numerate and analytical, and be a strong leader and team player with excellent interpersonal and communication skills. Seniority level
Director Employment type
Full-time Job function
Finance, Accounting/Auditing, and Administrative Industries: Hotels and Motels and Accounting Referrals increase your chances of interviewing at Millennium Hotels and Resorts by 2x We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
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$130.00/yr - $140.00/yr The Bostonian Hotel Boston - Director of Finance Millennium Hotels and Resorts is a Hong Leong subsidiary of Singapore-listed global real estate company City Developments Limited (CDL). Headquartered in Singapore, Millennium Hotels and Resorts is Singapore’s largest homegrown operator of international hotel brands spanning 4 continents and 80 strategic destinations. With a portfolio that includes timeless masterpieces to lifestyle properties, Millennium Hotels and Resorts comprises of the brands: The Biltmore, Grand Millennium, Millennium, M Social, Studio M, M Hotel, Copthorne and Kingsgate. The group also has a specially curated selection of uniquely inimitable properties under Leng’s Collection, which has been put together by our chairman, Mr. Kwek Leng Beng. Millennium Hotels and Resorts are committed to crafting inspired workplaces that deliver the ultimate guest experiences and maximize investor returns. Millennium Hotels and Resorts pursue perfection and improves the process daily, ensuring they never accept the status quo, and hold each other accountable. The team is comprised of compassionate leaders who seek to understand, be part of the solution, express gratitude, and humility, and celebrate success with all they do. The Bostonian Hotel Boston Hotel is a AAA Three Diamond
rated hotel nestled in one of the city’s most coveted locations. Set amid the hustle and bustle of North End Boston near South Station, our redbrick façade and classic interiors are an iconic blend of old and new. With most major attractions within walking distance, like Quincy Market and The Freedom Trail, we invite our guests to fully immerse themselves in the city’s historical past. Urban explorers and families can tour the city and rest easy in our spacious rooms, with charming amenities like Juliette balconies to peer at the view below and working fireplaces for those blustery wintertime visits. From the moment you’re greeted at the door, our hotel near Faneuil hall offers you an impeccable level of comfort and award-winning service that will make our guests visit to Boston even more memorable. The Bostonian Hotel Boston -Director of Finance
is responsible for performing all hotel accounting and finance duties and providing project leadership on an ad hoc basis. They will provide consistent leadership and accountability in the hotel's financial area by supplying the accounting staff and hotel leadership with guidance and training. They are also responsible for focusing on the profitability of the business, maintaining accurate and timely financial reporting, ensuring acceptable levels of internal control, ensuring compliance with all federal, state, and local regulations, and safeguarding owners/investors' assets. Responsibilities
Prepare timely weekly/monthly/quarterly/annual financial reports and plans for the properties. Oversee the preparation and ensure the accuracy of hotel revenues daily via the Income Journal. Monitor and control hotel operations, cash flow, and operating forecasts for the property. Maintain timely interaction with Department Heads to ensure property operations are on track and under control. Prepare monthly bank reconciliations and general ledger account reconciliations for properties as necessary. Participate in revenue/yield management strategy meetings. Comply with the company’s Accounting Policies and Procedures and internal controls for finance and accounting operations. Effectively manage and communicate issues related to receivables, payables, daily cash balances, and timely deposits of all funds. Monitor hotel revenues and expenses to ensure accurate recording and advise Department Heads in maintaining the company’s financial objectives. Investigate variances to budget/forecast or prior year and offer practical improvement methodologies to management. Assist with hiring, training, supervision, and development of staff, including coaching, counseling, and discipline. Assist with Internal/External/Sales Tax audits as required. Participate as an active member of the management team. Prepare any special reports, statements, etc., as requested. Undertake other special projects and responsibilities as assigned. Extended hours are sometimes required. Qualifications
Bachelor's Degree, preferably in Accounting or Finance. 3-5 years previous experience as Hotel Director of Finance/Controller Strong PC skills including Excel, Word and financial accounting systems. Strong organizational, analytical, and verbal and written communication skills. Full general ledger experience and month end closing experience is preferred Ability to communicate effectively. Ability to work under pressure. Exceptional organizational skills. Ability to meet deadlines. As the DOF of Millennium Bostonian Hotel, the candidate must exemplify honesty, integrity, and discretion, be highly numerate and analytical, and be a strong leader and team player with excellent interpersonal and communication skills. Seniority level
Director Employment type
Full-time Job function
Finance, Accounting/Auditing, and Administrative Industries: Hotels and Motels and Accounting Referrals increase your chances of interviewing at Millennium Hotels and Resorts by 2x We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
#J-18808-Ljbffr