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Director of Finance

Director of Finance

AccorHotelDubai, Dubai, United Arab Emirates
منذ أكثر من 30 يومًا
الوصف الوظيفي
  • Develop and implement the hotels financial planning and budgeting process in alignment with the hotels strategic goals and objectives.
  • Monitor and review budget performance regularly identifying areas for improvement and costsaving opportunities.
  • Prepare and present accurate and timely financial reports including income statements balance sheets cash flow statements and other financial metrics to the hotels management and ownership.
  • Analyze financial data to provide insights into the hotels performance and make strategic recommendations for improvement.
  • Work closely with the revenue management team to set room rates and optimize revenue through effective pricing strategies.
  • Monitor and analyze revenue streams from various hotel operations such as room revenue food and beverage and other ancillary services.
  • Implement cost control measures to manage expenses efficiently without compromising on service quality and guest satisfaction.
  • Review and approve expenditures ensuring compliance with budgetary guidelines and procurement procedures.
  • Oversee the financial operation of the hotel.
  • Coordinate an effective and efficient Payroll Management / Resource allocation through establishing a flexible work force throughout the Division based on the principles of multiskilling and multitasking.
  • Ensure compliance with all relevant financial regulations accounting standards and local tax laws.
  • Coordinate and liaise with external auditors during the hotels annual audit process.
  • Oversee cash flow management and maintain adequate cash reserves to meet operational needs.
  • Implement and monitor cash handling procedures to minimize risks of fraud or theft.
  • Collaborate with the hotels executive team to develop financial strategies that support overall business objectives.
  • Conduct financial analysis to assess investment opportunities costeffectiveness on various initiatives.
  • Provide tools for future planning and control.
  • Ensure that invoices and petty cash are paid and recorded correctly.
  • Ensure that remittances are received and recorded correctly
  • Support the preparation and processing of journals for all transactions at monthend ensure these are correctly recorded in the general ledger and prepare financial statements accordingly.
  • Lead and supervise the finance team including accountants and financial analysts providing guidance and support in their roles.
  • Facilitate training and development opportunities to enhance the teams financial acumen.
  • Ensure that all financial reports are submitted accurately and on time.
  • Ensure smooth management of the accounting department and refer those matters that are relevant to the Financial Controller.
  • Oversee the implementation and monitoring of internal controls to safeguard assets mitigate financial risks and detect any potential discrepancies or fraudulent activities.
  • Ensure all historical information is filed in a way that provides easy access including microfilming or other storage where necessary.
  • Organize vacation planning for the Finance and Accounts Department.
  • Protect the owners and the management companys interest in the hotel assets and operations.
  • Participates in and contributes to all material property decisions providing financial leadership.
  • Consults with and supports activities of Managing Director and members of Executive Committee.
  • Understand and manage the Management Agreement terms priorities performance tests and incentive fees distribution requirements
  • Manage and control the Owners monthly reporting package as per Hotel Management Agreement (HMA).
  • Maintain confidentiality of proprietary information at all time
  • Liaise with Owners and Accor Regional Office in a courteous and professional way respond with complete and accurate information
  • Maintain transparent communication with Owners providing regular detailed financial reports to ensure they are informed of the hotels performance profitability and investment opportunities.
  • Provide financial insights and strategic recommendations to the hotel management and ownership to guide decisionmaking ensuring sustainable growth and profitability.

    • Qualifications :

    • Degree in Finance Accounting or a related field & professional accounting qualification
    • Excellent leadership skills with the ability to manage and motivate finance teams.
    • Strong verbal and written communication skills to effectively interact with owners senior management and other departments.
    • Strong analytical skills with a keen eye for detail and a proactive approach to solving financial issues.
    • Ability to assess financial risks and implement strategies to mitigate them.

      • EXPERIENCE

    • Minimum 5 years experience in a hotel in an Executive role

      • Remote Work : Employment Type :

      Fulltime

      J-18808-Ljbffr

    إنشاء تنبيه وظيفي لهذا البحث

    Director Of Finance • Dubai, Dubai, United Arab Emirates