To provide the Asset Management Department with strategic data, preparing and collating reports, maintaining up to date records, and providing strategic analysis of transactions delivering assistance in creating feasibility studies.

Control Procedures: Establish, maintain, and coordinate the implementation of departmental control procedures in alignment with corporate requirements.

Financial Data Management: Assume responsibility for all financial data within the division, ensuring timely receipt of data and reports from all stakeholders.

Financial Modeling: Develop and maintain reports, financial models, and forecasts for hotels.

Comprehensive Reporting: Prepare comprehensive reports and presentations, including analysis of operational performance for assigned entities.

Reconciliation: Perform various reconciliations to confirm the accuracy of financial reports, comparing data from the accounting system and other sources.

Accounts Receivables: Review and track hotels\' accounts receivables, doubtful accounts, legal cases, and collections, providing monthly analysis and highlighting concerns.

Budget Support: Support the annual budgeting exercise and financial projections by providing data-driven insights and recommendations to the Senior Asset Manager - Hotels.

Financial Analysis: Analyze monthly financial reports, comparing them to the approved yearly budget and previous years, and highlighting concerns for further investigation.

Performance Benchmarking: Conduct performance benchmarking analysis using industry tools such as Hotstat and others to assess hotels\' performance against industry standards and competitors.

KPI Analysis: Collect, compile, and analyze key performance indicators (KPIs) related to occupancy rates, average daily rates (ADRs), revenue per available room (RevPAR), and market share.

Financial Records: Maintain financial records and support document management, including reconciling pre-opening, operating, and FF&E budgets.

Capital Expenditures: Maintain financial records and reconciliation for Capital Expenditures and special projects directly paid by the Owning Company.

Best Practices: Explore the latest benchmarks and best practice initiatives in the industry.

Internal Audit Support: Support the annual internal audit process, liaise with auditors as required, meet deadlines, and follow up on outstanding issues.

Financial Tracking: Report FF&E spending versus budgets and prepare summaries of quotations for significant items.

Retail Leasing: Maintain retail leasing records and vacancies, benchmark financial performance, and report findings to the Senior Asset Manager - Hotels.

Standard Operating Procedures: Update and create Standard Operating Procedures (SOP) and templates for functions under this role and ensure compliance.

Task Tracking: Create tracking sheets for pending matters, regularly follow up, and provide progress updates or highlight concerns.

Problem Solving: Demonstrate creative problem-solving skills and provide recommendations to address concerns.

Effective Communication: Keep the Senior Asset Manager - Hotels promptly informed of any issues directly affecting operations and other relevant topics.

Ad Hoc Duties: Perform related duties and special projects assigned by the Senior Asset Manager - Hotels or COO when applicable.

Excellent opportunity to work with a diversified investment company |Progress your career as a Hospitality Analyst

Experience:

A minimum of 5 years in Hospitality Management Finance or general accounting experience is essential.

Knowledge of the region\'s business environment is essential.

Familiarity with hotel operations is essential.

Qualifications:

Education: Graduation/Diploma in Hospitality Management, Business Administration, Finance, or a related field. A Master\'s degree is preferred.

Experience: Proven experience in hotel performance analysis, benchmarking, or related roles.

Industry Tools: Proficiency in performance benchmarking tools and platforms such as Hotstats, STR Global, or similar industry tools.

Software Skills: Strong PC skills in MS Word are essential. Advanced proficiency in Microsoft Excel and data visualization tools (e.g., Tableau, Power BI) to create insightful reports and presentations.

Accounting Knowledge: Good knowledge of accounting principles and procedures sufficient to compile financial reports.

Hospitality Management: Good knowledge of hospitality management, including a comprehensive understanding of hotels, operations, revenue management principles, industry trends, and systems. Financial and commercial understanding and reporting.

USALI Knowledge: Understanding of financial practices as per USALI is an advantage.

Analytical Skills: Ability to select information from various sources, interpret statistical tables and formulas, and perform mathematical calculations.

Feasibility Studies: Experience in creating feasibility studies and calculating ROI & IRR is an advantage.

Attention to Detail: Strong attention to detail and accuracy, highly analytical.

Teamwork: Demonstrated ability to collaborate and work effectively in cross-functional teams.

Our client is a dynamic and diversified investment company with a robust portfolio encompassing key growth sectors, including real estate, hospitality, education, and capital investments. Headquartered in Abu Dhabi, they maintain a diverse local and international investment portfolio.

• Competitive monthly salary
• Family medical, flights visa and life insurance for employee
• Club membership - gym
• Schooling

Michael Page