Job Description

Role : We are looking for a finance professional for a large (USD 7 billion) group with diverse businesses in Retail/ Hospitality/ Services etc. in Dubai.

Role is part of their Hospitality division.

Reporting to : Head of Finance for Hospitality

Responsibilities :

• Assist in the preparation of monthly financial statements, budgets, forecasts, and reports for property hotels.
• Ensure timely and accurate financial reporting in compliance with company policies and accounting standards.
• Support the Director of Finance in preparing annual budgets and periodic forecasts.
• Monitor and analyze financial performance against budgets and forecasts.
• Oversee the accounts payable and receivable processes, ensuring accuracy and compliance with internal controls.
• Assist in managing cash flow and liquidity for the property.
• Ensure compliance with financial regulations and reporting requirements.
• Conduct financial analysis to support decision-making, identifying trends and variances.
• Prepare ad-hoc financial reports for management as needed.
• Assist in implementing cost control measures and financial efficiency initiatives across property hotels.
• Monitor operating expenses and identify areas for improvement.
• Oversee the inventory management process, ensuring accurate tracking of goods and supplies, and conducting regular audits.
• Perform monthly reconciliations of balance sheet accounts and resolve any discrepancies in a timely manner.
• Support the evaluation and monitoring of capital expenditures, ensuring alignment with budget and strategic goals.
• Conduct training sessions for hotel staff on financial processes, systems, and best practices to enhance financial literacy.
• Collaborate with the revenue management team to analyze pricing strategies and their impact on financial performance.
• Assist in evaluating vendor contracts and relationships to ensure cost-effectiveness and compliance with financial policies.
• Assist in identifying financial risks and developing strategies to mitigate them, including insurance coverage and compliance issues.
• Establish and monitor key performance indicators (KPIs) for financial performance and operational efficiency.
• Assist in financial analysis related to sustainability initiatives and their impact on the bottom line.
• Act as a financial advisor to department heads, providing insights and recommendations on budget management and cost-saving opportunities.

Qualifications & Requirements

• Must be a qualified Chartered Accountant (CA).
• Minimum of 10 years of experience in finance or accounting roles
• Must have spent at least 3 to 5 years in the hospitality industry.
• Strong knowledge of accounting principles and financial reporting standards.
• Proficiency in financial software and Oracle Suite (especially Excel).
• Familiarity with hotel management systems and accounting software (e.g., Opera, Micros, or similar).
• Excellent analytical and problem-solving skills, with a keen attention to detail.

Job Type: Full-time

Pay: AED22,000.00 - AED25,000.00 per month

Application Question(s):

• What is your current monthly salary in AED?
• What is your notice period?
• Are you a qualified Chartered Accountant?

Experience:

• OPERA Hotel Management System: 3 years (Preferred)
• Hospitality industry: 3 years (Required)
• using Oracle ERP: 3 years (Required)