Finance Manager Hotel Franchised

Novotel & ibis Balikpapan; Dubai; On-site; AED 550,000 - 900,000; Full time

Job summary

Grand Mercure Business Bay in Dubai seeks a Finance Manager to safeguard financial integrity, lead the finance team, and ensure accurate reporting and strict cost control. You will partner with the General Manager to deliver data-driven insights while upholding Accor brand standards.

The role covers budgeting, forecasting, cash flow management, tax compliance (VAT) and liaison with auditors and authorities. Hotel experience is essential.

Qualifications

• 35+ years as Finance Manager/Assistant Finance Manager in UAE hospitality (hotel experience mandatory).
• Bachelor in Accounting/Finance/Economics. Professional certification preferred (CA/CPA/ACCA/CMA).
• Proficiency in SunSystems, Opera Cloud and Excel; experience with Accor reporting tools a plus.

Responsibilities

• Oversee monthly financial statements (P&L, Balance Sheet) per Accor and local standards.
• Lead annual budgeting and quarterly forecasts with department heads.
• Conduct monthly variance analysis and advise on actions to improve margins.
• Provide financial modeling and feasibility analysis for revenue streams and capex.
• Maintain internal controls (SOX/Accor audits) to prevent leakage and fraud.
• Oversee cash flow management, treasury, and working capital optimization.
• Collaborate with Sales & Marketing to analyze revenue performance and pricing.

Skills

Analytical thinking

Strategic partnership

Team leadership

VAT/compliance awareness

Education

Bachelor's degree in Accounting/Finance/Economics

CA/CPA/ACCA/CMA certification

Tools

SunSystems

Opera Cloud

Microsoft Excel

Job description

About Grand Mercure Business Bay

Grand Mercure Business Bay is a 270-room premium hotel located on Al Abraj Street along Marasi Drive in the heart of Dubais Business Bay district. Rooted in the Grand Mercure brand ethos the property celebrates pride of place through refined grandeur cultural immersion and heartfelt human connection. The hotel offers four versatile meeting rooms a club lounge five dining and entertainment venues and an enhanced outdoor pool terrace overlooking the Business Bay skyline.

As part of Accors internationally trusted portfolio Grand Mercure Business Bay upholds world-class standards while celebrating the richness of the destination through authenticity discovery and cultural sensitivity. The hotel serves as a bridge between business efficiency and lifestyle-driven exploration for the modern global traveller.

Job Purpose

As the Finance Manager you will be responsible for safeguarding the financial integrity of the Grand Mercure Business Bay. You will lead the finance team to ensure accurate financial reporting strict cost control and regulatory compliance. You will act as a strategic business partner to the General Manager providing data-driven insights to maximize profitability while maintaining the highest standards of Accor brand compliance.

Key Responsibilities

• Oversee the preparation and analysis of monthly financial statements P&L and Balance Sheet in accordance with Accor 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/Accor 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 Accors 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 35 years of experience as a Finance Manager or Assistant Finance Manager within the UAE hospitality industry (Hotel experience is mandatory).
• Previous experience with Accor brands (Mercure Novotel Pullman etc.) is a distinct advantage.
• Bachelors 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 Accor-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

.

Remote Work

No

Employment Type

Full-time