About the Role
As the Finance Manager at the company, you will play a crucial role in safeguarding the financial integrity of the hotel. Leading a dedicated finance team, you will ensure accurate financial reporting, strict cost control, and regulatory compliance. This role involves acting as a strategic business partner to the General Manager and providing data-driven insights to maximize profitability while upholding the highest standards of brand compliance.
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About the Hotel
The hotel is a 270-room premium hotel located on Al Abraj Street along Marasi Drive, in the heart of Dubai's Business Bay district. The property celebrates the essence of its location through refined grandeur, cultural immersion, and heartfelt human connection. It offers four versatile meeting rooms, a club lounge, five dining and entertainment venues, and an enhanced outdoor pool terrace overlooking the Business Bay skyline.
Aligned with the company's internationally trusted portfolio, the hotel maintains world-class standards while celebrating the richness of the destination through authenticity and cultural sensitivity, serving as a bridge between business efficiency and lifestyle exploration for modern global travelers.
Key Responsibilities
- Oversee the preparation and analysis of monthly financial statements, P&L, and Balance Sheet in accordance with company and local regulatory standards.
- Lead the annual budgeting and quarterly forecasting processes, providing strategic input to department heads.
- Conduct monthly variance analysis (Actuals vs. Budget/Forecast) and advise management on corrective actions to improve margins.
- Provide financial modeling and feasibility analysis for potential revenue streams, capex projects, and operational changes.
- Implement and maintain a robust internal control environment (SOX/company internal audit standards) to prevent leakage and fraud.
- Oversee the Cost Controller to manage F&B costs, inventory levels, and purchasing procedures.
- Review and approve all operational expenditures, ensuring alignment with budgetary constraints and ROI expectations.
- Manage cash flow, banking relationships, and treasury functions to optimize working capital.
- Ensure full compliance with UAE Federal Tax Authority regulations (VAT filing), Dubai Municipality fees, and Tourism Dirham collection.
- Liaise with external auditors, tax consultants, and government authorities to ensure timely submission of returns and statutory reports.
- Ensure compliance with the company’s financial policies, internal audits, and legal requirements (Labor Law, Civil Code).
- Partner with the Director of Sales & Marketing to analyze revenue performance, channel costs, and pricing strategies.
- Oversee the credit control function to minimize bad debt and ensure timely collection of receivables (OTA commissions, corporate accounts, City Ledger).
- Monitor payroll efficiency and productivity metrics in collaboration with the HR department.
- Recruit, train, and mentor the finance team (Accountants, Payroll Master, Cost Controller, Storekeepers).
- Conduct performance reviews and identify training needs to build a high-performing finance department.
- Foster a culture of financial awareness among non-finance department heads.
- Oversee Accounts Payable, Accounts Receivable, Income Audit, General Cashier, and Payroll functions.
Qualifications
- Minimum 3–5 years of experience as a Finance Manager or Assistant Finance Manager within the UAE hospitality industry (Hotel experience is mandatory).
- Previous experience with company brands (e.g., Mercure, Novotel, Pullman) is a distinct advantage.
- Bachelor’s degree in Accounting, Finance, or Economics. Professional certification (CA, CPA, ACCA, or CMA) is highly preferred.
- Proficiency in SunSystems, Opera Cloud, and Microsoft Excel. Experience with company-specific reporting tools is a plus.
- Strong understanding of UAE VAT laws, Corporate Tax, Tourism Dirham regulations, and local labor laws regarding payroll.
- Ability to interpret complex data and translate it into actionable business strategy.
- Unwavering commitment to ethics and transparency.
- Ability to manage diverse teams and influence senior stakeholders.
- Ability to meet strict corporate and statutory deadlines (e.g., Month-end close, VAT filing).
Additional Information
- Job Category: Finance
- Job Type: Permanent
- Job Schedule: Full-Time
