Chief Accountant

Minor Hotels; United Arab Emirates; On-site; AED 120,000 - 150,000; Full time

Job summary

A leading hotel on Palm Jumeirah is seeking a Financial Manager to oversee financial operations, maintain accurate records, and lead the accounting team. The ideal candidate will have a Bachelor's degree in Accounting or Finance, CPA preferred, and experience in property management accounting. This role involves strategic financial planning, compliance, and stakeholder communication to drive business growth.

Qualifications

• Bachelor's degree in Accounting or Finance required.
• CPA preferred; experience in property management accounting is a plus.

Responsibilities

• Maintain accurate financial records including accounts payable and receivable.
• Prepare financial reports and analyze data for trends.
• Lead and mentor the accounting team.

Skills

Analytical Skills

Communication

Interpersonal Skills

Detail-Oriented

Education

Bachelor's degree in Accounting

Bachelor's degree in Finance

Tools

QuickBooks

Yardi

MRI

Job description

Company Description

NH Collection Dubai The Palm: Eclectic Elegance on Palm Jumeirah

Feel the ambiance at our exciting new hotel on Palm Jumeirah. Sitting on the exclusive West Beach, NH Collection Dubai The Palm offers easy access to Nakheel Mall.

Our property features 14 floors with 227 guest rooms and suites, along with 306 serviced apartments. Guests are close to Dubai's top attractions such as Burj Khalifa, Dubai Mall, and Dubai Marina. Enjoy our sunset-facing rooftop infinity pool, elegant bar, and lounge, or visit the lively sports bar, a new hotspot in Dubai.

Job Description

Please note that this list is not exhaustive. NH Collection employees are always finding new ways to serve our business, guests, and colleagues. The key responsibilities include:

1. Financial Management:
   • Maintain accurate financial records including accounts payable, receivable, and general ledger.
   • Assist in budgeting and monitor financial performance for residential properties.
   • Oversee cash flow, manage banking relationships, and reconcile bank statements.
2. Reporting and Analysis:
   • Prepare financial reports monthly, quarterly, and annually.
   • Analyze data to identify trends and opportunities for cost savings or revenue growth.
   • Develop financial models and dashboards for management.
   • Conduct financial audits and present findings to senior management.
3. Compliance and Process Improvement:
   • Ensure compliance with accounting standards and tax laws.
   • Identify opportunities for process improvements and controls.
   • Maintain internal control systems and stay updated on regulations.
4. Stakeholder Communication:
   • Collaborate with property managers, homeowner associations, and stakeholders on financial matters.
   • Present financial reports and insights to board and executives.
   • Support department heads and project managers with financial guidance.
5. Management Rental Scheme:
   • Manage rental operations, including P&L, VAT invoicing, profit sharing, and budgeting.
   • Address owner queries and oversee related financial processes.
   • Develop strategies to optimize rental income and occupancy.
6. Team Leadership and Development:
   • Lead and mentor the accounting team.
   • Conduct performance reviews and identify training needs.
   • Promote continuous improvement and professional growth.
7. Strategic Financial Planning:
   • Contribute to long-term financial strategies.
   • Provide insights for business growth and expansion.
   • Align financial goals with overall business strategy.

Qualifications

• Bachelor's degree in Accounting, Finance, or related field.
• CPA preferred.
• Experience in property management accounting or real estate finance is a plus.
• Proficiency in QuickBooks, Yardi, MRI, or similar software.
• Strong analytical and detail-oriented skills.
• Excellent communication and interpersonal skills.
• Ability to prioritize and meet deadlines in a fast-paced environment.
• Knowledge of accounting standards and regulations.