Financial Controller

Bachelor of Commerce(Commerce), Bachelor of Business Administration(Management)

Nationality: Any Nationality

Vacancy: 1 Vacancy

Job Description

The Financial Controller will steer the financial operations during the pre- and post-opening phase. Acting as the property's strategic financial business leader, this position encompasses the development and implementation of property-wide strategies to deliver products and services that meet or exceed the needs of the brand's target customers and property employees. You will provide the necessary financial expertise for the successful implementation of the brand service strategy and initiatives, while also maximizing the return on investment. In addition, this position formulates and executes a business plan aligned with the property and brand's strategy, focusing on financial activities to achieve the desired results.

What is in it for you

• Engage in conservation efforts and help preserve wildlife.
• Enjoy sustainable adventures with exclusive rewards.
• Celebrate locality and heritage in a vibrant community.
• Advance your career with global development opportunities.
• Drive change through impactful social initiatives.
• Collaborate with a passionate, innovative team.
• Achieve success with a forward-thinking, excellence-driven company.

Key Responsibilities

Financial Planning and Strategy:

• Develop and implement comprehensive financial strategies aligned with the resort's overall business objectives.
• Collaborate with senior management to align financial goals with the pre-opening and operational plans.

Budgeting and Forecasting:

• Prepare detailed operating and capital budgets with accurate revenue and expense forecasts.
• Monitor performance against budgets, identify variances, and recommend corrective actions.

Financial Reporting and Analysis:

• Generate timely and accurate financial reports, providing insights into financial performance.
• Conduct in-depth analyses to identify trends, risks, and opportunities to support decision-making.

Treasury and Cash Flow Management:

• Manage the resort's cash flow to ensure adequate liquidity for operational needs.
• Optimize banking relationships and negotiate favorable financial terms with banks and vendors.

Internal Controls and Compliance:

• Establish and maintain strong internal control systems to protect assets and minimize risks.
• Ensure compliance with financial regulations, reporting standards, and corporate policies.
• Lead, mentor, and manage the finance team, providing training and performance feedback.
• Foster a collaborative, high-performing, and results-oriented team culture.
• Oversee all financial aspects of the resort's pre-opening phase, including vendor negotiations, procurement of assets, and pre-opening staffing budgets.
• Coordinate with various departments to ensure smooth financial operations during the transition to the operational phase.

Stakeholder Communication and Reporting:

• Provide financial guidance and strategic advice to senior management.
• Prepare and present financial reports to key stakeholders, highlighting performance and strategic recommendations.

Qualifications

• Work Experience: A minimum of 3 years of experience as a Finance Manager (No. 2 in a larger property) or as a Financial Controller (No. 1 in a smaller property) in the UAE.
• Education: A Bachelor's Degree in Finance, Accounting, or a relevant discipline from a reputable university.
• Skills: Excellent presentation and communication skills, both written and verbal, are essential for conveying financial information clearly.
• Leadership: The ability to lead, motivate, and develop a high-performing finance team is paramount.
• Business Acumen: Knowledge of financial regulations and accounting standards in the UAE hospitality industry is essential. A comprehensive understanding of financial regulations and accounting practices is required.

Company Industry

• Hotels
• Hospitality

Department / Functional Area

• Finance
• Treasury