Senior Finance Manager

2 weeks ago


Dubai, Dubai, United Arab Emirates RNA Resources Group Limited Full time

This is a key role in Citymax Corporate Finance team responsible for managing Hotel Finance Operation, supervising the hotel finance team, ensuring compliance with SOPs and audits and preparation of MIS and Board presentations.

The incumbent will be responsible for monthly MIS reporting, review of monthly results of all Hotels, driving budgeting and forecast process, controlling Capex and Opex budget. The role is also responsible to drive analytics to help management make informed decisions.

Desired Candidate Profile

Mandatory Requirement:

  • Qualified Chartered Accountant from India with 8-10 years of post-qualification experience, of which a minimum of 3 years should be as finance controller with a cluster of hotels.
  • Must be very strong in MS Excel skills and Power-point presentation skills.
  • Minimum 5 years' experience of working in business planning, business partnering and analysis role.
  • Ability to multi-task and work in a challenging fast-paced environment.
  • Excellent written and verbal communication skills.
  • Good orientation around process and controls.
  • Able to manage and supervise a team.
  • Strong presence with the ability to interact with Senior Leadership.

Preferred additional requirement:

  • Prior experience in a business partnering role.
  • Prior experience of working with B4.
  • Strong organizational skills and attention to detail.
  • Working knowledge of Power BI tools will be an advantage.

Responsibilities:

  • Financial Controller for the hotel portfolio responsible for managing hotel finance operations, supervising the hotel finance team and ensuring compliance with SOPs and audits.
  • Coordinate with Center of Excellence (Shared Service Center) for monthly book closure.
  • Monthly MIS preparation and reporting to various stakeholders.
  • Preparation and presentation of the monthly/quarterly board review presentation and presentation for different JV partners.
  • Responsible for preparation of annual/long-term budgets (3/5 year plans), periodic forecast, monthly performance and all kinds of variance analysis.
  • Make presentations for Board meetings.
  • Review results and identify reasons for variances, conducting discussions with all hotel GMs and department heads for course corrections.
  • Conduct reviews and evaluations for cost-reduction opportunities, driving cost-saving initiatives.
  • Review of the KBI targets and achievement.
  • Responsible for fund management including cashflow preparation.
  • Analyze costs, pricing, variable contributions, sales results and the company's actual performance compared to the business plans.
  • Building financial models and scenario analysis for decision making.
  • Reviewing and ensuring a clean Balance Sheet and healthy Finance Assurance Report.
  • Review Capex proposals including feasibility preparation for Board approval.
  • Approval for all purchase orders and ensuring budgetary control of all kinds of spends.
  • Liaise with internal auditors to ensure appropriate monitoring of company finances.
  • Correspond with various other departments, discussing company plans and agreeing on future paths to be taken.
  • Ad-hoc management analysis and reports.
  • Participate in the management decision-making process by providing analytical business inputs.
  • Supervise the hotel finance team, setting goals and reviewing performance.
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