Cluster Assistant Director of Finance

4 weeks ago


Ajman, United Arab Emirates ACCOR Full time

Job Description


Financial Planning, Reporting and Analysis

To assist the Director of Finance & Business Support with the analysis and interpretation of the financial data and its communication to the operations. The Assistant Director of Finance will also assist with and complete, as needed, the analysis of the balance sheet accounts and the preparation of the monthly internal benchmarking and operational performance analysis reports. To assist the Director of Finance & Business Support in the development and implementation of benchmarking techniques that will enable the hotel to enhance revenues while improving productivity and cost efficiencies. To assist in identifying and implement throughout the hotel best practices that will serve to enhance revenues, guest service and improve cost and productivity efficiencies. To assist the Director of Finance & Business Support in preparing the annual budget, capital budgets and the rolling forecast. Assistant Director of Finance should be able to perform these tasks satisfactorily with high direction but with little supervision. To assist the Director of Finance & Business Support in the design, implementation, and use of methods and procedures that improve the accuracy of working schedules, labor standards, forecast, plans to assist operational staff. Monitor on an ongoing basis the accuracy and recommend correct measurements as necessary. To assist the Director of Finance & Business Support to provide accurate and complete financial and management reports on a timely basis to hotel management, corporate office and owners in accordance with the company and ownership reporting requirements and policy.

Compliance & Risk Management

To working with the Director of Finance & Business Support to fulfill his/her fiduciary responsibility to the Company and/or Owners for ensuring the hotels are reporting in compliance with the policies, the Uniform Chart of Accounts and hotel management or other contractual arrangements with respect to accounting matters. Assist in ensuring all balance sheet accounts are reconciled on a monthly basis, review and approve those reconciliation’s as necessary. Assistant Director of Finance should be able to perform these tasks satisfactorily with high direction but with little supervision. Assist in maintaining accurate and timely financial and operating information and ensure corporate deadlines are met. Assistant Director of Finance should be able to perform these tasks satisfactorily with high direction but with little supervision To assist the Director of Finance & Business Support in ensuring that all laws and fiscal regulations of the area location, which effect financial matters of the hotel, will be complied with. To assist the Director of Finance & Business Support to protect the owners and the management company’s interest in the hotel assets and operations. To assist the Director of Finance & Business Support in safe keeping of all lease and contracts and any other legal records and documents, which may affect the financial status of the hotel. Such documents are to be listed and keep current on the Critical Date List. To assist the Director of Finance & Business Support to conduct regular operations risk assessments, establish a risk register for the hotel and prepare an action plan addressing the mitigation of identified risks, subject to regular reporting and follow up on the execution of the risk action plan. They shall ensure the timing and accurate reporting of all incidents in accordance with Company protocol.

Control and Policies & Procedures

A thorough knowledge of policies and procedures is required. To assist the Director of Finance & Business Support to ensure control systems are monitored and audited on a regular basis, as documented by Audit Services, to measure compliance with internal controls. To assist the Director of Finance & Business Support in ensuring cash flow is adequate to meet the needs of the operation.

Qualifications


Accounting Designation, Bachelor's or Master's Degree in Business, Finance, or a relevant field of work, or an equivalent combination of education and work-related experience. CPA or MBA preferred




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