Assistant Director of Finance | Waldorf Astoria Dubai Palm Jumeirah

Hilton Worldwide, Inc.; Dubai; On-site; AED 60,000 - 100,000; Full time

Job summary

An established industry player is seeking an Assistant Director of Finance to support financial operations and ensure compliance with regulations. This role is vital for budgeting, forecasting, and financial analysis while maintaining the integrity of financial records. The ideal candidate will have a strong background in finance, particularly within the luxury hospitality sector, and demonstrate excellent leadership and communication skills. Join a dynamic team dedicated to providing exceptional guest experiences and driving financial performance in a thriving environment.

Benefits

Health Insurance

Employee Discounts

Training and Development Programs

Flexible Working Hours

Qualifications

• 5+ years of finance experience in luxury hotels or hospitality.
• Strong knowledge of financial reporting and budgeting processes.

Responsibilities

• Oversee financial activities ensuring compliance with policies.
• Assist in financial statement preparation and cash flow management.

Skills

Financial Reporting

Budgeting

Financial Analysis

Leadership

Communication

Problem Solving

Education

Bachelor's degree in Accounting or Finance

CPA/CA/ACCA

Tools

MS Excel

MS Word

MS Outlook

Job description

The Assistant Director of Finance supports the Director of Finance in overseeing all financial activities of the organization, ensuring compliance with internal policies, statutory regulations, and financial reporting standards. This role plays a key part in budgeting, forecasting, financial analysis, and driving cost efficiency while maintaining the integrity of financial records.

What will I be doing?

The Assistant Director of Finance will support all activities performed by the Director of Finance, to include but not limited to, understanding and driving financial performance, ensuring timely and accurate financial reporting and month-end closing activities, coordinating and reviewing monthly financial statements in accordance with Generally Accepted Accounting Principles (GAAP), Uniform System of Accounts and Hilton policies and procedures. Specifically, you will be responsible for performing the following tasks to the highest standards:

• In absence of the Director of Finance, the Assistant Director of Finance will assume responsibilities of the department lead.
• Ensure a smooth operation of all hotel finance activities in full compliance with the policy, regulatory and contractual framework.
• Assist in the preparation and consolidation of monthly, quarterly, and annual financial statements.
• Support the budgeting and forecasting processes in collaboration with department heads.
• Monitor daily accounting operations, including accounts payable, receivable, payroll, and general ledger.
• Ensure compliance with internal controls, policies, and procedures.
• Prepare financial reports for senior management with variance analysis and recommendations.
• Coordinate internal and external audits, providing necessary documentation and explanations.
• Assist in cash flow management and forecasting.
• Help implement financial systems or tools to improve efficiency and accuracy.
• Provide training and support to the finance team, ensuring development and succession planning.
• Act as a financial advisor to operational departments, promoting a culture of financial accountability.

What are we looking for?

• Bachelor's degree in Accounting, Finance, or related field (CPA/CA/ACCA preferred).
• Minimum 5 years of progressive finance experience in a luxury hotel or hospitality industry.
• Strong knowledge of financial reporting, budgeting and analysis.
• Excellent leadership, communication, and interpersonal skills.
• Ability to analyze large volume of complex financial information from many sources and create reports, forecasts, and projections
• Strong problem solving skills, including ability to effectively address any issue in collaboration with others as appropriate
• Ability to proactively identify and prevent potential problems
• Ability to help develop problem solving skills among direct reports and other team members as appropriate
• Ability to take initiative to identify, prioritize and implement all elements required for team to fulfill responsibilities
• Ability to manage and develop staff
• Detail oriented and organized
• Ability to develop presentations and effectively present to all levels of company, hotels & owners
• Strong communication and negotiation skills (all levels of management and external customers)
• Proficient in MS Excel, Word and Outlook with the ability to quickly learn new programs when required

What will it be like to work for Hilton?

Hilton is the leading global hospitality company, spanning the lodging sector from luxurious full-service hotels and resorts to extended-stay suites and mid-priced hotels. For nearly a century, Hilton has offered business and leisure travelers the finest in accommodations, service, amenities and value. Hilton is dedicated to continuing its tradition of providing exceptional guest experiences across its global brands. Our vision “to fill the earth with the light and warmth of hospitality” unites us as a team to create remarkable hospitality experiences around the world every day. And, our amazing Team Members are at the heart of it all.