Description

United Arab Emirates

JOB DESCRIPTION

About Jumeirah and Jumeirah Zabeel Saray:

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 signature dining destinations and surprising architecture and design at the heart of every guest experience.

Today, Jumeirah operates a world-class portfolio of 26 properties across the Middle East, Europe and Asia and employs over 9,000 colleagues, representing over 120 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.

Jumeirah Zabeel Saray is a luxurious beachside resort located on the west crescent of the iconic Palm Jumeirah in Dubai. The interior of the resort is inspired by the ancient palaces of Turkey and features hand-painted finishing\'s, Turkish artworks and stunning murals inspired by the Golden Age of the Ottoman Empire.

The resort offers 405 rooms and suites, 38 Royal Residences and the award-winning Talise Ottoman Spa, one of the largest and most luxurious spas in the Middle East. The resort offers Sinbad\'s Kids Club complete with splash park, performing art destination Zabeel Theatre and a collection of diverse restaurants which offer a vibrant selection of culinary experiences. The resort also offers motorized and non-motorized water sports, complete with private jetty offering shuttle boat transfers to and from the mainland of Dubai.

About the Job:

An exciting opportunity has been arisen for a Director of Finance to join Jumeirah Zabeel Saray and Hatta Resorts . The main duties and responsibilities of this role

Financial and Management Accounting Responsibilities:

• To oversee the Finance and Accounting department in the hotel and ensure its smooth running so that all financial and management reports are accurate and available by their due dates.
• To ensure that the books, records, and accounts are maintained accurately and fairly reflect the transactions and administration of the assets of the hotel.
• Draft and maintain accurate yearly financial statements, in compliance with International Financial Reporting Standards and country requirements.
• Ensure statutory requirements and obligations for the relevant legal entities are met.
• Ensure compliance with the Uniform Systems of Accounting for the lodging industry and the terms of the hotel management agreement.
• Establish strong cash management controls, prepare monthly cash flow forecasts, and recommend actions accordingly.
• Ensure all balance sheet accounts are fully reconciled every month and discrepancies are immediately identified and corrected.
• Conduct detailed operational analysis and review with relevant stakeholders to optimize performance and deliver agreed financial targets to minimize variances versus budget and prior year, flow-through analysis, outlet menu engineering, profit margin analysis, manning structure, and payroll cost, etc.
• Direct preparation of annual budgets and monthly forecasts; establish and/or recommend to management major economic objectives and policies for the hotel.
• Work closely with relevant stakeholders on capex planning and execution including proper accounting, ROI analysis and post-investment reviews.

Communication and relationship:

• Report monthly and act as a liaison to regional, corporate, and asset management groups on the properties\' financial performance.
• Partner with the General Manager and Executive committee of the properties and act as a business advisor and risk advocate.
• Maintain close communication with third parties such as the public auditors, external auditors, and local authorities.
• Provide training in the hotels to enhance the financial skills of the Management Team as a whole. Be the "coach" to both the Hotel Finance teams and non-Financial Managers.
• Set individual development plans for each finance colleague and strive for their future development.

Risk, Audit and Compliance responsibilities:

• Ensure compliance with company finance directives and delegation of authority as well as all legal, tax, and regulatory requirements.
• Coordinate with Internal Audit on compliance according to company financial policies, governance, risks, and fraud.
• Comply with the company\'s code of conduct and report any variation.
• Monitor any legal issues involving the property and report to the owner and corporate office accordingly.
• Maintain relations with external auditors and investigate their findings and recommendations.
• To review and certify any hotel\'s internal or external financial reporting before distribution.

Others:

• Complete ad hoc requests when required.

About you:

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

• Professional accounting accreditation such as ACA, ACCA, CIMA,CPA, CGMA, CMA
• Bachelor\'s or Master\'s Degree in finance, accounting, business administration, or a related field is essential for this role.
• Minimum of 4 years\' experience in a similar role.
• Strong communication skills / previous experience of managing resort operations.
• Had previous experience in managing Owner relations / working directly with asset managers / stakeholder management.
• Good knowledge of ERP systems is an essential (Oracle, Sun, etc)
• Previous experience of managing resort operations.

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, children\'s education assistance 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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