Senior Role in Finance

Emaar; United Arab Emirates; On-site; AED 200,000 - 300,000; Full time

Job summary

An established industry player is seeking a Director of Finance to lead financial operations in a dynamic hospitality environment. This senior role focuses on ensuring financial stability, overseeing accounting activities, and implementing strategic financial plans. The ideal candidate will possess strong analytical skills, proficiency in financial management systems, and a commitment to achieving financial targets. Join a fast-paced organization that values customer focus and ownership mindset, where your expertise will drive efficiency and innovation in financial practices. This is an exciting opportunity to make a significant impact in a thriving hospitality establishment.

Qualifications

• Proven experience in strategic financial planning and analysis.
• Advanced skills in financial reporting and compliance with standards.

Responsibilities

• Oversee financial operations and ensure financial health of the organization.
• Manage cash flow and adherence to budgets across departments.

Skills

Financial Management

Financial Reporting

Cash Flow Management

Risk Management

ERP Software

Microsoft Excel

Problem Solving

Stakeholder Management

Change Management

Data Security Awareness

Education

Bachelor's Degree in Finance

CPA Certification

CFA Certification

CMA Certification

Tools

Financial Management Systems

Treasury Management Systems

Contract Management Systems

Mobile Financial Applications

Job description

The role is a senior leadership position responsible for overseeing the financial operations of a hotel or hospitality establishment. The Director of Finance plays a crucial role in ensuring the financial health and stability of the organization, contributing to the overall success of the organization.

ABOUT THE FUNCTION

This function is to direct and oversee the Company’s accounting activities on both the cost and financial sets of accounts based on statutory requirements and auditing policies. Implement and incorporate areas for improvements to enhance efficiency and effectiveness in the work environment.

PERFORMANCE DRIVEN CULTURE: WHAT WILL YOU BE MEASURED AGAINST

• Achievement of financial targets and objectives, including revenue goals, profit margins, and cost management.
• Adherence to the established budgets for different departments within the hospitality establishment, monitoring and controlling expenses to ensure alignment with budgetary constraints.
• Accuracy and timeliness of financial reporting, including the preparation and presentation of financial statements, forecasts, and analyses.
• Effectiveness in managing cash flow to meet operational needs and ensure liquidity.
• Adherence to internal controls and compliance with accounting standards, regulations, and company policies. Successful completion of internal and external audits with minimal findings.
• Identification and mitigation of financial risks, including proactive measures to address potential challenges to the organization's financial stability.
• Ability to conduct thorough financial analysis, providing valuable insights into the organization's financial health and making strategic recommendations for improvement.

TECHNICAL SKILLS AND COMPETENCIES

• Proficiency in using and optimizing financial management systems and enterprise resource planning (ERP) software.
• Experience in implementing and optimizing ERP systems for financial management, ensuring seamless integration and efficient workflow.
• Familiarity with advanced accounting software for financial reporting, budgeting, and forecasting.
• Strong proficiency in Microsoft Excel for financial analysis, modeling, and data manipulation.
• Knowledge of treasury management systems for effective cash flow management and liquidity optimization.
• Use of risk management tools and software to identify, assess, and mitigate financial risks.
• Proficiency in contract management systems for overseeing vendor agreements and contracts.
• Understanding of data security protocols and awareness of cybersecurity risks related to financial systems.
• Knowledge of tools for generating comprehensive and accurate financial reports.
• Awareness of and experience with mobile financial applications for on-the-go financial monitoring.
• Agility & Resilience
• Problem solving & Creative thinking
• Driving Business performance
• Change management
• Stakeholder Management

QUALIFICATIONS, EXPERIENCE & LANGUAGE PROFICIENCY

• A bachelor's degree in finance, accounting, or business administration.
• Professional certifications such as Certified Public Accountant (CPA), Chartered Financial Analyst (CFA), or Certified Management Accountant (CMA).
• Proven experience in developing and implementing strategic financial plans aligned with overall business objectives.
• Advanced financial analysis skills, with the ability to interpret complex financial data and provide actionable insights.
• Experience overseeing internal and external audits, ensuring compliance with accounting standards, regulations, and company policies.
• Experience in identifying and mitigating financial risks, implementing risk management strategies, and ensuring financial stability.

WHAT WE BELIEVE IN

At Emaar, our DNA lays the foundation for everything we do. It forms the base of how we serve our customers, how we speak with one another, and the way we move forward in every decision we make. In short, it is the essence of who we are and how we communicate.

Customer Focus

Customers are our number one priority. We take pride in delivering on our promises and above all we value the trust they place in us to deliver flawless products, services, and experiences.

Ownership Mindset

No detail is too small, no challenge is too big and no ambition is too great. We drive efficiency and effectiveness into every corner of our business, so we are fit for the future and to compete.

Fast Paced

Speed is everything in business. We evolve and adapt quickly and have the willpower, skills, knowledge, and passion needed to deliver extraordinary speed for our customers.

Talent and Tenacity

Our people are heroes, superhumans, and warriors. We are a team of great pooled talent that dream big and act quickly, with high energy and positivity. We keep up with the times, disrupting and challenging the status quo. We challenge conventional wisdom and ourselves, we expect the unexpected, and we develop products and services that reflect the future.