Finance Controller

Key ResponsibilitiesFinancial Management

• Prepare and analyze monthly, quarterly, and annual financial statements.
• Monitor hotel revenues, expenses, and profitability.
• Develop and manage annual budgets and forecasts.
• Conduct variance analysis and recommend corrective actions.
• Ensure accurate recording of all financial transactions.

Accounting & Reporting

• Supervise accounts payable, accounts receivable, general ledger, and payroll functions.
• Ensure timely month-end and year-end closing processes.
• Maintain compliance with accounting standards and company policies.
• Prepare financial reports for management and ownership.

Cash Flow & Treasury Management

• Monitor daily cash positions and cash flow forecasts.
• Manage banking relationships and financing arrangements.
• Control working capital and optimize cash utilization.
• Oversee revenue collection and credit control procedures.

Internal Controls & Compliance

• Establish and maintain effective internal control systems.
• Ensure compliance with local tax laws, VAT regulations, and statutory requirements.
• Coordinate internal and external audits.
• Safeguard hotel assets and prevent financial fraud.

Revenue & Cost Control

• Work closely with Revenue Management, Front Office, Food & Beverage, and Purchasing departments.
• Monitor occupancy, ADR (Average Daily Rate), RevPAR (Revenue Per Available Room), and departmental profitability.
• Analyze operating costs and identify cost-saving opportunities.
• Review purchasing procedures and inventory controls.

Team Leadership

• Lead and develop the finance and accounting team.
• Provide training and performance management.
• Promote financial awareness across hotel departments.

Qualifications

• Bachelor's degree in Finance, Accounting, Commerce, or related field.
• Professional qualification such as CPA, ACCA, CMA, CA, or equivalent preferred.
• 5–10 years of finance/accounting experience, with hotel or hospitality industry experience preferred.
• Strong knowledge of hotel accounting systems (e.g., Opera, SunSystems, SAP, Oracle, or similar).
• Advanced proficiency in Microsoft Excel and financial reporting tools.

Key Skills

• Financial Analysis & Reporting
• Budgeting & Forecasting
• Cost Control & Revenue Management
• Cash Flow Management
• Audit & Compliance
• Leadership & Team Management
• Strategic Planning
• Communication & Presentation Skills
• Problem Solving & Decision Making

KPIs (Key Performance Indicators)

• Budget achievement and cost control targets.
• Accuracy and timeliness of financial reports.
• Cash flow performance.
• Audit results and compliance standards.
• Profitability improvement initiatives.
• Reduction of financial risks and control deficiencies.

Systems & Technical Requirements

• Strong working knowledge of hotel accounting and property management systems.
• Experience with IDS Next including financial modules, revenue reporting, night audit reconciliation, accounts receivable, accounts payable, budgeting, and financial analysis.
• Ability to generate management reports and analyze operational and financial data through IDS.
• Experience integrating IDS reports with Microsoft Excel and other financial reporting tools.
• Familiarity with hotel PMS, POS, inventory management, and procurement systems.

Preferred Qualifications

• Minimum 2–3 years of hands-on experience using IDS Next in a hotel finance environment.
• Experience in hotel pre-opening, system implementation, or financial process optimization using IDS is an advantage.

Additional Key Responsibility

• Maintain and optimize financial controls within the IDS system, ensuring accurate revenue capture, cost allocation, reconciliation, and reporting across all hotel departments.

Pay: AED4,500.00 - AED5,000.00 per month

Work Location: In person