Финансы и учёт

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Job Type Full Time Job Location Dubai, UAE Nationality Any Nationality Salary Not Specified Gender Not Specified Arabic Fluency Not Specified Job Function Accounting & Audit Company Industry Travel, Hotel & Tourism We invite you to join the world of luxury hospitality at Raffles The Palm as our new Director of Finance. Reporting directly to the Regional Vice President & Managing Director, you will lead the hotel’s Finance function, ensuring sound financial management and operational efficiency while supporting a culture of service excellence. By planning, organizing, directing, and controlling all Accounting & Finance policies and procedures, you will ensure alignment with Accor and Raffles standards and contribute to an exceptional guest experience. Key responsibilities Develop and implement the hotel's financial planning and budgeting process, in alignment with the hotel's strategic goals and objectives. Monitor and review budget performance regularly, identifying areas for improvement and cost-saving opportunities. Prepare and present accurate and timely financial reports, including income statements, balance sheets, cash flow statements, and other financial metrics to the hotel's management and ownership. Analyse financial data to provide insights into the hotel's 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 analyse 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 and resource allocation through establishing a flexible workforce throughout the division, based on the principles of multi-skilling and multi-tasking. Ensure compliance with all relevant financial regulations, accounting standards, and local tax laws. Coordinate and liaise with external auditors during the hotel's 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 hotel's executive team to develop financial strategies that support overall business objectives. Conduct financial analysis to assess investment opportunities and cost-effectiveness 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 month-end, ensuring 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 team's 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 company’s interest in the hotel assets and operations. Participate in, and contribute to all material property decisions, providing financial leadership. Consult with, and support activities of RVP & 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 Owner’s monthly reporting package as per Hotel Management Agreement (HMA). Maintain confidentiality of proprietary information at all times. Liaise with Owners and Accor Regional Office in a courteous and professional way, responding with complete and accurate information. Maintain transparent communication with Owners, providing regular, detailed financial reports to ensure they are informed of the hotel's performance, profitability, and investment opportunities. Provide financial insights and strategic recommendations to the hotel management and ownership to guide decision-making, ensuring sustainable growth and profitability.