An exciting role has arisen in the Finance Department at Jumeirah Beach Resort for a highly motivated and hardworking individual. The successful Cluster Director of Finance is responsible for accounting and financial requirements of the Jumeirah Beach Resort Cluster (Jumeirah Beach Hotel, Burj Al Arab, Wild Wadi and The Emirates Academy). Providing business partnering finance support, advice and functional expertise to the Jumeirah Beach Rerort Cluster Management.
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Your main duties will be:
Preparation of annual budgets and monthly forecasts.Establish and recommend to management major financial objectives for hotel.Prepare and present return on investment evaluation for capital development projects.Generate and discuss with relevant parties special operation analysis reports with an objective of minimizing variances versus budget and prior year, flow through analysis, outlet menu engineering, profit margin analysis, manning structure and payroll cost, etc.Contributing to strategic direction of JBR Cluster by providing financial information, analysis and recommendations.Executive Committee: Part of the Hotel Executive committee which meets weekly to coordinate and develop strategic decisions on competition, market situation, capital plan of the Complex, people, customer and financial performance.Maximizes return on invested funds by identifying investment opportunities; maintaining relationships with asset management.Report monthly to regional, corporate and asset management group on the property financial performance.Liaise with company treasury and corporate finance on cash flow, finance policies, reports, audits, and insurance matters.Ensure compliance with company finance directives and delegation of authority.Review and approve quarterly balance sheet reconciliations.Manage cash requirements and coordinate with corporate on required funds and shortfalls.Monitor any legal issues involving the property.Maintain relations with external auditors and action appropriate control recommendations.Ensure the right person in the right role, in an environment of continuous development.Provide training in hotels to enhance the financial skills of the Management Team as a whole. You should be the "coach" to both the Hotel Finance teams and non-Financial Managers.About you:
In order to be considered for this role, you will have a Bachelor’s degree in Commerce / Business / Accounting or Professional accreditation e.g. ACA, ACCA, CPA, CIMA, CMA. Minimum 2 years in a similar role or 10 years in the role of Director of Finance experience in luxury 5* Hospitality in United Arad Emirates will be desirable.
Proficiency in computer software systems such as MS Office and knowledge of Opera, Micros, Solomon, and Hyperion is essential and excellent communication skills in written and spoken English.
About the benefits:
This position offers a highly competitive salary and package which includes; housing allowance, annual flight tickets allowance, medical and dental coverage, pension, life and accident insurance, retail and leisure discounts, 50% discount off Jumeirah F&B Outlets and reduced hotel rates. Married colleagues will enjoy family benefits for up to two children which include education assistance.
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