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Financial Director - for a 4 Star Luxurious Hotel
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Financial Director - for a 4 Star Luxurious Hotel
Job summary
An established industry player is seeking a dynamic Financial Director to lead financial operations within a prestigious hotel in Dubai. This role offers an exciting opportunity to provide strategic financial leadership, manage budgeting and forecasting processes, and ensure compliance with financial regulations. The ideal candidate will have extensive experience in financial management within the hospitality sector, showcasing a proven track record in budgeting, analysis, and team leadership. Join a vibrant environment where your financial expertise will drive profitability and operational excellence, making a significant impact on the hotel's success.
Qualifications
- 8+ years of financial management experience in hospitality preferred.
- Strong knowledge of financial reporting standards and practices.
Responsibilities
- Lead financial planning and analysis to enhance profitability.
- Manage financial performance and oversee budgeting processes.
- Prepare accurate financial statements and reports for management.
Skills
Education
Tools
Apt Resources is excited to announce an opportunity for a dynamic and experienced Financial Director to join a prestigious 4-star luxurious hotel in Dubai. As the Financial Director, you will be responsible for providing strategic financial leadership and managing all financial operations within the hotel. Your role will include financial planning, analysis, and management of budgeting and forecasting processes in order to enhance profitability and ensure compliance with financial regulations.
- Lead the financial planning and analysis function to foster data-driven decision-making.
- Manage the hotel's financial performance including oversight of accounting, cash flow, and budgeting.
- Develop and implement strategies aimed at maximizing profitability and optimizing financial results.
- Prepare accurate financial statements, reports, and forecasts for senior management.
- Direct and oversee the audit process ensuring compliance with financial regulations.
- Collaborate with department heads to provide financial insight and guidance on cost management.
- Implement and maintain internal controls to safeguard assets and enhance accountability.
- Lead, mentor, and develop the finance team fostering a culture of high performance.
- Bachelor's degree in Finance, Accounting, or a related field; CPA or CMA is preferred.
- A minimum of 8 years of progressive financial management experience, preferably in the hospitality industry.
- Strong knowledge of financial reporting standards and practices, specifically in hotel finance, with Audit and Compliance background.
- Proven track record of successful budgeting, forecasting, and financial analysis.
- Exceptional leadership and team management skills.
- Strong analytical and problem-solving abilities.
- Excellent communication and interpersonal skills with the ability to build relationships across all levels of the organization.
- Proficiency with SUN Systems financial management software and tools.
- Must be currently located in the UAE and available for an in-person interview.
Salary is AED (All in).
Required Experience: Director
* The salary benchmark is based on the target salaries of market leaders in their relevant sectors. It is intended to serve as a guide to help Premium Members assess open positions and to help in salary negotiations. The salary benchmark is not provided directly by the company, which could be significantly higher or lower.
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