Accel hrc
Job Title: Finance Head – Hotel Industry (UAE)
Job Location: Dubai
Job Summary:
They are looking for a dynamic Head Finance with a minimum of 15 years of work experience post qualification, including a minimum of 5 to 6 years of managerial experience within the hotel industry in the UAE.
The ideal candidate will be responsible for managing financial operations, leading a team of financial professionals, and ensuring the efficient financial management of the hotel operations.
Key Responsibilities:
• Financial Planning and Analysis: Develop and implement financial plans, budgets, and forecasts in alignment with organizational objectives.
• Financial Reporting and Compliance: Good understanding of IFRS and Statutory accounting principles. Ensure compliance with accounting standards, local laws, regulations, and company policies.
• Cash Flow Management: Monitor and manage cash flow to optimize working capital and support operational requirements.
• Team Leadership and Development: Lead and mentor a team of financial professionals, providing guidance, support, and fostering a high-performance culture. Financial Operations Management: Proficiency in computer software systems such as MS Office and knowledge in PeopleSoft, Opera / Micros / Sun / Hyperion etc. Oversee day-to-day financial operations, including accounts payable, accounts receivable, general ledger, and payroll.
• Financial Strategy and Decision-Making: Collaborate with executive leadership to formulate financial strategies and policies that align with organizational goals and objectives. Generate and discuss with relevant parties special operation analysis reports with a strategic objective of minimizing the variance: performance versus budget and versus prior year, flow through analysis, outlet menu engineering, profit margin analysis, manning structure and payroll cost, etc.
Qualifications and Experience:
• Chattered Accountant, or a professional finance qualification (e.g., CMA, CFA, ACCA) is highly preferred.
• Strong knowledge of UAE accounting and tax regulations, financial reporting standards, and hotel industry financial best practices.
• Excellent leadership, communication, and interpersonal skills. • Proficient in financial software and systems (e.g., ERP systems, financial modeling tools).