Director of Finance

Job Summary

QUALIFICATION Bachelor’s degree in Commerce / Business / Accoun
LOCATION UAE
SALARY USD 15500
EXPERIENCE Min 5yrs
INDUSTRY Banking / Hotels

Director of Finance

Job Functions

  1. Ensure all capital purchases / disposals are in accordance with policies and procedures and to review all management and depreciation reports.
  2. Generate and discuss with relevant parties special operation analysis reports with a strategic objective of minimizing the variance: performance versus budget and versus prior year, flow through analysis, outlet menu engineering, profit margin analysis, manning structure and payroll cost, etc…
  3. Draft and maintain accurate yearly financial statements, in accordance with International Financial Reporting Standards.
  4. Direct preparation of annual budgets and monthly forecasts; establish and/or recommend to management major economic objectives and policies for hotel.
  5. Establish and recommend to management major financial objectives for hotel.
  6. To oversee the Finance and Accounting department in the hotel, and ensure its smooth running so that all financial and management reports are accurate and available by their due dates.
  7. Review and approve balance sheet reconciliation on a quarterly basis.
  8. Ensure all balance sheet accounts are fully reconciled on a monthly basis and discrepancies are immediately identified and corrected.
  9. Manage cash requirement and coordinate with Corporate on the funds.
  10. Establish a strong cash management controls, prepare monthly cash flow forecast, and recommend actions accordingly.
  11. Ensure general ledger posting are in compliance with<

    Skills

    1. Complete ad hoc requests when required.
    2. Implement and create best practices that could be shared with Finance Leadership Committee.
    3. Ensure the right person in the right role, in an environment of continuous development.

    Description

    About the benefits:

    Besides generous F&B benefits and reduced hotel rates across our hotels globally, this role has excellent employee benefits making the role attractive to high performers and any applicant who like to associate her/himself with one of the most luxurious brand in the hospitality industry.