Cluster Financial Controller
7 months ago
A Financial Controller with extensive UAE experience in hotel industry is urgently required for hotels in Dubai Academic City. Minimum 4 years of Prolific experience.
**Key Responsibilities**:
- **Financial Reporting**:
- Prepare accurate and timely financial statements, including balance sheets, income statements, and cash flow statements.
- Analyze financial data and provide insights to senior management to support decision-making processes.
- Ensure compliance with accounting standards and regulatory requirements.
- **Financial Planning and Analysis**:
- Develop annual budgets and forecasts in collaboration with department heads.
- Monitor financial performance against budget and forecast, identifying variances and implementing corrective actions as needed.
- Conduct financial analysis to identify opportunities for revenue enhancement and cost optimization.
- **Financial Controls**:
- Establish and maintain robust financial controls to safeguard assets and mitigate financial risks.
- Review internal controls and procedures to ensure compliance and effectiveness.
- Implement best practices for financial governance and compliance.
- **Cash Management**:
- Manage cash flow and liquidity to meet operational needs and financial obligations.
- Monitor banking activities and maintain relationships with financial institutions.
- Optimize cash management processes to maximize efficiency and minimize costs.
- **Audit and Compliance**:
- Coordinate internal and external audits, ensuring timely completion and resolution of audit findings.
- Ensure compliance with tax regulations, filing requirements, and other statutory obligations.
- Stay updated on changes in accounting standards, regulations, and industry trends.
- **Team Leadership**:
- Provide leadership and guidance to the finance team, fostering a culture of accountability and continuous improvement.
- Develop and mentor staff, promoting professional growth and development opportunities.
- Collaborate with other departments to achieve organizational goals and objectives.
**Qualifications**:
- Bachelor's degree in Accounting, Finance, or a related field; MBA, CPA or equivalent certification preferred.
- Proven experience as a Financial Controller or similar role in the hospitality industry, with a track record of success in financial management and leadership.
- Strong technical knowledge of accounting principles, financial reporting standards, and financial analysis techniques.
- Excellent analytical skills with the ability to interpret financial data and provide actionable insights.
- Proficiency in financial software and systems, including ERP systems and Microsoft Excel.
- Exceptional communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams.
- Strategic mindset with a focus on driving business performance and achieving financial goals.
- Ability to thrive in a fast-paced environment and manage multiple priorities effectively.
Ability to Commute:
- Dubai (required)
Ability to Relocate:
- Dubai: Relocate before starting work (required)
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