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Hotel Financial Director

2 months ago

Al Fujairah City, Fujairah, United Arab Emirates PrecisionHire Solutions Full time
Job Description

Job Title: Financial Operations Manager

Job Summary:

We are seeking a highly skilled Financial Operations Manager to lead our Finance department and associated operations. As a key member of our team, you will be responsible for managing account management, reporting, and interdepartmental and vendor relations to optimize our hotel's profitability.

Key Responsibilities:
  1. Financial Reporting: Ensure that our Finance teams provide accurate and timely month-end closing and other required management reports.
  2. Forecasting and Budgeting: Collaborate with our Finance Managers and General/Hotel Manager to develop and implement full and accurate forecasting and budgeting proposals.
  3. Capital Reviews: Prepare capital reviews as required by our General/Hotel Manager and/or Accounting and Finance Departments.
  4. Financial Accounting and Control: Develop and implement best practice financial accounting and control procedures, continually reviewing and refining them to maximize impact and efficiency.
  5. Balance Sheet Management: Ensure that our balance sheets accurately reflect the assets and liabilities of our hotels.
  6. Finance Update Meetings: Lead monthly finance update meetings with our General Manager/Hotel team.
  7. Compliance: Ensure compliance with hotel/company policies and procedures across the area, maximizing performance on the Finance Balanced Scorecard.
  8. Reconciliations: Review and ensure that reconciliations are performed.
  9. Financial Awareness: Assist Heads of Department to improve their financial awareness and provide them with relevant financial information for their operations.
Requirements:
  1. Education: Relevant degree in Finance or a related business discipline from an academic institution.
  2. Experience: Previous experience in a similar role.
  3. Skills: Organization, planning, and prioritization skills, with a rigorous commitment to accuracy and detail.
  4. Negotiation and Influencing: Negotiation and influencing skills, with effective management skills (upwards and downwards) and the willingness to coach and train others.
  5. Communication: Positive attitude and excellent communication skills.
Desirable Capabilities:
  1. Commercial Business Knowledge: Knowledge of commercial business, specifically as it relates to hotel management.
  2. Hotel Industry Experience: Previous experience in the hospitality industry.
  3. Hotel Systems: Experience with hotel systems.