Finance Head Dubai UAE
Position: Finance Head
Date posted: 2023-10-25
Industry: Hotel Industry
Employment type: Full Time
Experience: 5 to 6 year
Qualification: Bachelor’s/Master Degree holder
Salary: AED 15000 to 30000
Location: Dubai, United Arab Emirates
Company: Confidential
Description:
Hiring Finance Head – Hotel Industry (UAE)
Job Location: Dubai
Job Summary:
We are looking for a dynamic Head Finance with a minimum of 15 years of work experience post qualification, including a minimum of 5 to 6 years of managerial experience within the hotel industry in the UAE.
The ideal candidate will be responsible for managing financial operations, leading a team of financial professionals, and ensuring the efficient financial management of the hotel operations.
Key Responsibilities:
Financial Planning and Analysis: Develop and implement financial plans, budgets, and forecasts in alignment with organizational objectives.
Financial Reporting and Compliance: Good understanding of IFRS and Statutory accounting principles. Ensure compliance with accounting standards, local laws, regulations, and company policies.
Cash Flow Management: Monitor and manage cash flow to optimize working capital and support operational requirements.
Team Leadership and Development: Lead and mentor a team of financial professionals, providing guidance, support, and fostering a high-performance culture. Financial Operations Management: Proficiency in computer software systems such as MS Office and knowledge in PeopleSoft, Opera / Micros / Sun / Hyperion etc. Oversee day-to-day financial operations, including accounts payable, accounts receivable, general ledger, and payroll.
Financial Strategy and Decision-Making: Collaborate with executive leadership to formulate financial strategies and policies that align with organizational goals and objectives. Generate and discuss with relevant parties special operation analysis reports with a strategic objective of minimizing the variance: performance versus budget and versus prior year, flow through analysis, outlet menu engineering, profit margin analysis, manning structure and payroll cost, etc.
Qualifications and Experience:
- Chattered Accountant, or a professional finance qualification (e.g., CMA, CFA, ACCA) is highly preferred.
- Strong knowledge of UAE accounting and tax regulations, financial reporting standards, and hotel industry financial best practices.
- Excellent leadership, communication, and interpersonal skills.
- Proficient in financial software and systems (e.g., ERP systems, financial modeling tools).
