Finance Manager

Finance Manager
- Hotel Financial Operations Job Snapshot
- Role: Finance Manager
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Location:
Dubai, United Arab Emirates
- Industry: Hospitality
- Function: Financial Control
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Experience:
Minimum 3-5 years as a Finance Manager or Assistant Finance Manager within the UAE hospitality industry
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Job Type
Full Time
- Work Arrangement: HybridGrand Mercure Business Bay, part of the Accor hospitality network, is seeking an experienced Finance Manager to lead financial operations and support the commercial performance of its 270-room premium hotel in Dubai, United Arab Emirates. The Finance Manager will be responsible for maintaining the hotel 's financial integrity through accurate reporting, effective cost control, regulatory compliance, and sound financial management. The position requires close collaboration with the General Manager and departmental leaders to support profitability, operational efficiency, and informed business decisions. The successful candidate will oversee financial reporting, budgeting, forecasting, cash flow, taxation, internal controls, and the daily activities of the finance department. The role also involves providing financial analysis for revenue opportunities, capital expenditure, and operational improvements. The ideal candidate will bring substantial UAE hotel finance experience, strong knowledge of local taxation and financial regulations, and the leadership skills required to manage a diverse finance team while maintaining Accor 's financial standards. Job DetailsCountry: United Arab EmiratesCity: DubaiIndustry: HospitalityFunction: Financial ControlSalary: Not disclosedGender: No PreferenceCandidate Nationality: Not specifiedJob Type: Full TimeWork Arrangement: HybridKey ResponsibilitiesFinancial Reporting and Performance AnalysisOversee the preparation and analysis of monthly financial statements, profit and loss accounts, and balance sheets. Ensure financial reporting complies with Accor policies and applicable UAE regulatory requirements. Review monthly financial results and provide meaningful analysis to the General Manager and departmental leaders. Conduct variance analysis comparing actual performance against approved budgets and forecasts. Identify financial risks, cost pressures, and opportunities to improve operating margins. Recommend corrective actions based on financial performance and operational trends. Maintain accurate financial records and ensure timely completion of month-end reporting. Provide reliable financial information to support management decisions and hotel performance reviews. Budgeting, Forecasting and Financial PlanningLead the annual budgeting process in collaboration with hotel department heads. Coordinate quarterly financial forecasts and review expected departmental performance. Provide financial guidance to operational managers during budget preparation and review. Evaluate revenue projections, operating expenses, and profitability expectations. Develop financial models to assess potential revenue streams and operational changes. Conduct feasibility analysis for capital expenditure projects and proposed business initiatives. Assess the financial implications of operational decisions and investment proposals. Support strategic planning through accurate forecasts and data-driven recommendations. Internal Controls and Financial GovernanceImplement and maintain effective internal financial controls to protect hotel assets and minimise financial risk. Ensure compliance with applicable Accor internal audit requirements and SOX-related control standards. Monitor financial processes to prevent revenue leakage, irregularities, and fraudulent activity. Review and approve operational expenditure in accordance with budgetary limits and established procedures. Evaluate expenditure against financial priorities and expected return on investment. Maintain compliance with Accor financial policies and internal control procedures. Coordinate internal audit requirements and support the implementation of corrective actions. Promote ethical financial practices, accountability, and transparency across hotel operations. Cost Control and Procurement OversightSupervise the Cost Controller in monitoring food and beverage costs, inventory, and purchasing activities. Review departmental operating costs and identify opportunities for improved efficiency. Monitor inventory management practices and purchasing controls. Evaluate expenditure patterns to ensure responsible use of hotel resources. Work with department heads to maintain cost discipline without compromising operational requirements. Review cost performance against approved budgets and financial targets. Support effective procurement controls and accurate inventory reporting. Cash Flow, Banking and Treasury ManagementManage hotel cash flow and oversee treasury-related activities. Maintain effective relationships with banking partners. Monitor working capital requirements and supp