Job Description

Overview:

Over the past two decades, The First Group has forged a reputation as one of the hospitality industry's leading innovators, providing groundbreaking investment opportunities to clients and partners, while delivering exceptional, memorable experiences to hotel and leisure guests.



Our corporate ethos and unique vision for the future of hospitality is encapsulated in our fast-growing portfolio of award-winning hotels and residences, exciting F&B outlets and lifestyle venues, and delivered through our array of complementary third-party hotel and asset management services.



Core to our vision for the future of hospitality is The First Collection, our award-winning hotel brand that reflects the rich culture, innovative spirit, and unparalleled refinement for which Dubai is famous for.



The First Collection's urban lifestyle resorts, situated in prime locations across Dubai, are renowned for their unique blend of world-class hospitality and modern flair, as well as their cutting-edge guest facilities and services, which include exclusive access to the stunning Soluna Restaurants and Beach Club, located on the world-famous Palm Jumeirah.



Every hotel in our fast-growing portfolio reflects our ambition to capture the essence of urban living, blending it seamlessly with the tranquillity of a serene getaway.



The First Collection echoes the city's heartbeat, ensuring all our guests are made to feel a part of the magnificent tapestry of Dubai, the world's most exciting metropolis.


:

The Finance Supervisor is responsible for supervising the day-to-day financial operations within the hotel, ensuring accurate financial reporting, compliance with accounting standards, and the effective management of financial transactions. This role supports the Financial Controller in managing financial records, preparing reports, and providing financial analysis to optimize hotel performance. Key Responsibilities: • Oversee and supervise daily accounting functions such as accounts payable, accounts receivable, and payroll processing.
• Ensure all financial transactions are recorded accurately and in accordance with hotel policies and accounting standards.
• Manage cash flow and ensure timely processing of invoices and payments.
• Prepare monthly, quarterly, and annual financial statements, including balance sheets, profit and loss statements, and cash flow reports.
• Assist in the preparation of monthly and annual budgets, forecasts, and financial analysis to provide insights for decision-making.
• Analyze financial data to identify trends, cost-saving opportunities, and operational efficiencies.
• Ensure compliance with local tax laws, accounting regulations, and hotel financial policies.
• Conduct account reconciliations and resolve discrepancies in a timely manner.
• Support internal and external audits by preparing necessary documentation and reports.
• Supervise and train junior finance staff, ensuring adherence to procedures and best practices.
• Provide guidance on financial procedures and resolve any accounting-related issues.
• Monitor and manage the hotel's cash flow, ensuring sufficient funds are available for daily operations.
• Oversee cash handling processes and ensure that cash deposits are conducted in a timely and accurate manner.
• Assist the Financial Controller with special projects, financial analysis, and system improvements.
• Contribute to the development and implementation of financial policies and procedures.


Desired Skill & Expertise:
Qualifications: • Bachelor's degree in Finance, Accounting, or a related field.
• Professional certifications (e.g., CPA, ACCA) are a plus.
• Minimum of 3-5 years of experience in finance or accounting, preferably in the hospitality industry.
• Strong experience with accounting software (e.g., Opera, SunSystems) and Microsoft Excel.

Skills: • Excellent attention to detail and accuracy in financial reporting.
• Strong analytical and problem-solving skills.
• Ability to work under pressure and meet deadlines.
• Strong communication and interpersonal skills, with the ability to work effectively with all departments.
• Knowledge of local tax laws and compliance regulations.