Chief Accountant
Dubai, United Arab Emirates
Job Description
Company Description
NH Collection Dubai The Palm: Eclectic Elegance on Palm Jumeirah
Feel the ambiance at our exciting new hotel on Palm Jumeirah. Sitting on the exclusive West Beach, NH Collection Dubai The Palm gives easy access to the nearby Nakheel Mall.
Our new property is brimming with energy and chic touches of authentic local character. The new 14-storey property is offering 227 hotel guest rooms and suites and 306 serviced apartments.
Guests are just a short journey from all Dubais top attractions, including the Burj Khalifa, Dubai Mall, and Dubai Marina. Our sunset-facing rooftop infinity pool and its elegant bar and lounge is the perfect place to feel relaxed between exploring. Those seeking a more stimulating atmosphere can indulge at the hotels lively sports bar, set to be one of the new xe2x80x98go to spots in Dubai.
Please note that this is not an exhaustive list of everything that needs to be done. NH Collection employees always find new ways to look after the business, their guests, and their colleagues. Within this, the key responsibilities for this position are: * Financial Management:
NH Collection Dubai The Palm: Eclectic Elegance on Palm Jumeirah
Feel the ambiance at our exciting new hotel on Palm Jumeirah. Sitting on the exclusive West Beach, NH Collection Dubai The Palm gives easy access to the nearby Nakheel Mall.
Our new property is brimming with energy and chic touches of authentic local character. The new 14-storey property is offering 227 hotel guest rooms and suites and 306 serviced apartments.
Guests are just a short journey from all Dubais top attractions, including the Burj Khalifa, Dubai Mall, and Dubai Marina. Our sunset-facing rooftop infinity pool and its elegant bar and lounge is the perfect place to feel relaxed between exploring. Those seeking a more stimulating atmosphere can indulge at the hotels lively sports bar, set to be one of the new xe2x80x98go to spots in Dubai.
Please note that this is not an exhaustive list of everything that needs to be done. NH Collection employees always find new ways to look after the business, their guests, and their colleagues. Within this, the key responsibilities for this position are: * Financial Management:
- Maintain accurate financial records, including accounts payable, accounts receivable, and general ledger entries.
- Assist in budget development and monitoring for residential properties.
- Oversee cash flow management and forecasting.
- Manage banking relationships and reconcile bank statements.
- Reporting and Analysis:
- Prepare monthly, quarterly, and annual financial reports.
- Analyse data to identify trends, variances, and opportunities for cost savings or revenue enhancement.
- Develop and maintain financial models and dashboards for management decision-making.
- Conduct regular financial audits and present findings to senior management.
- Compliance and Process Improvement:
- Ensure adherence to accounting standards and tax regulations.
- Identify opportunities to streamline financial processes and enhance controls.
- Implement and maintain internal control systems to ensure financial data integrity.
- Stay updated on changes in financial regulations and ensure organisational compliance.
- Stakeholder Communication:
- Collaborate with property managers, homeowner's associations, and other stakeholders to address financial concerns and support strategic planning initiatives.
- Prepare and present financial reports and analyses to board members and executives.
- Provide financial guidance and support to department heads and project managers.
- Management Rental Scheme:
- Oversee rental pool operations, including P&L preparation, VAT invoicing, profit distribution, and budget preparation.
- Respond to unit owners' queries and manage related financial processes.
- Develop and implement strategies to optimise rental income and occupancy rates.
- Team Leadership and Development:
- Manage and mentor the accounting team, providing guidance and support.
- Conduct regular performance evaluations and identify training needs.
- Foster a culture of continuous improvement and professional development within the finance department.
- Strategic Financial Planning:
- Contribute to the development of long-term financial strategies and goals.
- Provide financial insights and recommendations to support business growth and expansion initiatives.
- Collaborate with senior management to align financial objectives with overall business strategy.
- Bachelor's degree in Accounting, Finance, or related field.
- Certified Public Accountant (CPA) designation preferred.
- Previous experience in property management accounting or real estate finance preferred.
- Proficiency in accounting software such as QuickBooks, Yardi, or MRI.
- Strong analytical skills and attention to detail.
- Excellent communication and interpersonal skills.
- Ability to prioritize tasks and meet deadlines in a fast-paced environment.
- Knowledge of relevant accounting standards and regulations
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Job Detail
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Job IdJD1874860
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IndustryNot mentioned
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Total Positions1
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Job Type:Full Time
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Salary:Not mentioned
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Employment StatusPermanent
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Job LocationDubai, United Arab Emirates
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EducationNot mentioned