Director Of Finance Finance

Dubai, United Arab Emirates

Job Description

Description

Director of Finance - Finance - Jumeirah Beachfront Hotels

United Arab Emirates

JOB DESCRIPTION

About Jumeirah & the Hotel:

Jumeirah Group, a member of Dubai Holding, has been making a distinguished impact on the global hospitality market for more than two decades with its Stay Different\xe2\x84\xa2 brand promise. Its award-winning destinations, such as the iconic Burj Al Arab Jumeirah, position service beyond expectations, elevated dining destinations and surprising architecture and design at the heart of every guest experience. Today, Jumeirah operates a world-class portfolio of 25 properties across the Middle East, Europe and Asia and employs over 8,000 colleagues, representing over 106 nationalities. As Jumeirah continues to expand its global portfolio and scales up its operations to the next level of growth, it remains fully committed to developing and empowering our colleagues to excel in world class environments. Jumeirah is committed to embedding equality, diversity, and inclusion in all its practices, embracing a culture that celebrates diversity.

About the Job:

An exciting opportunity has arisen for Director of Finance to join one of our Jumeirah Beachfront Hotels. The main duties and responsibilities of this role:

Act as partner to the SBU General Manager and the SBU Senior Management through the provision of expertise and input into key commercial and investment decisions in order to contribute to profitability improvement.

Lead the annual target setting and planning process for the SBU, in collaboration with the General Manager and in line with the corporate objectives and forecast the SBU\'s sales and expenditures to provide visibility on the property\'s financial performance.

Lead the ongoing monitoring of the SBU\'s financial transactions and balance in order to ensure that all expenditures remain within budget, that profitability is maintained at the expected levels and that there is full visibility on the SBU\'s financial performance.

Monitor the SBU\'s transactional finance activities, in close collaboration with the Shared Service Centre (SSC) and focus on improving and enhancing billing and collection cycles as well as collection processes in order to ensure optimal treasury management.

Lead the implementation of internal financial controls and ethics policies in accordance with local laws and financial policies so as to protect and safeguard the SBU\'s assets and financial resources against any possible deviations and/ or violations.

Direct the collection and analysis of financial data and identify financial trends, areas of improvement in spending and potential economies of scale in order to contribute to the enhancement of the SBU\'s financial resources management.

Direct the financial reporting process for the SBU to ensure that all reports are prepared in a timely and accurate manner and in compliance with the Group\'s policies and the relevant financial and accounting standards.

Collaborate with internal and external auditors during their annual audits in order to provide any supporting information required and ensure that audit requirements are met.

Contribute to the preparation of the SBU budget and monitor the financial performance of a given area versus the budget so that areas of unsatisfactory performance are identified, rectified promptly and potential performance improvement opportunities are capitalised upon.

Manage the effective achievement of objectives through setting individual objectives, managing performance, developing staff and providing formal and informal feedback in order to maximize overall performance and team motivation while continuing to deploy resources effectively for growth and further strengthening the employee value proposition.

About you:

The ideal candidate for this position will have the following experience and qualifications:

Ideally Pre-Opening experience, experience on setting up any related systems or structures in the role | department.

Able to work with tight deadlines and under pressure due to intensive preopening phase.

Master\'s degree in finance, Accounting or equivalent from an accredited and renowned University.

8 to 12 years of experience in finance, preferably within the international luxury hospitality industry.

Professional Finance or Accounting Certification (i.e. CPA, CIMA).

In-depth knowledge of finance processes and policies, cost control and fund management optimization.

Strong understanding of core hotelier operations and the luxury hospitality industry.

About the Benefits:

We offer an attractive tax-free salary, paid in Dirhams (AED), the local currency of the UAE. In addition, we offer generous F&B benefits, reduced hotel rates across our properties globally, excellent leave and health care package including dental coverage, flights home, life insurance, incentive programs, and other employee benefits making the role attractive to high performers and any applicant looking for a career with one of the most luxurious brands in the hospitality industry.

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JOB INFO

Job Identification 886

Apply Before 04/30/2023, 02:56 PM

Job Schedule Full time

Locations Dubai Holding Corporate Office, Dubai, AE

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Job Detail

  • Job Id
    JD1521391
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Dubai, United Arab Emirates
  • Education
    Not mentioned