Accounting

Financial Controller

Radisson Hotel Group
Ajman, UAE Listed 1 month ago via Naukrigulf

Job Overview

Company Industry Hotels, Hospitality
Department / Functional Area Accounts, Taxation, Audit, Company Secretary

Oversee the day-to-day financial operations of the hotel. Ensure accurate and timely preparation of monthly, quarterly, and annual financial reports. Review financial statements, management reports, and financial analysis. Monitor hotel revenue, expenses, profitability, and cash flow. Provide financial insights and recommendations to management to support business decisions. Ensure proper accounting of revenue, receivables, payables, payroll, fixed assets, and general ledger transactions. Lead the preparation of the annual hotel budget in coordination with the General Manager and department heads. Prepare periodic forecasts and monitor actual performance against budget. Analyze variances and recommend corrective actions. Support the management team in developing financial strategies and cost-saving initiatives. Establish and maintain effective financial controls and procedures. Ensure compliance with company policies, accounting standards, and UAE laws and regulations. Monitor cash handling, banking transactions, purchasing, inventory, and payment processes. Ensure proper authorization and documentation of financial transactions. Identify financial risks and implement appropriate control measures. Oversee daily revenue audit and ensure all hotel revenue is properly recorded. Monitor food and beverage costs, payroll costs, operating expenses, and other departmental expenses. Review inventory controls and conduct regular checks of stock and consumption. Work closely with Operations and Procurement to improve cost efficiency. Monitor accounts receivable and ensure timely collection of outstanding balances. Coordinate internal and external audits and ensure timely submission of required documentation. Liaise with auditors, banks, insurance providers, and other financial institutions when required. Ensure compliance with UAE VAT requirements and other applicable statutory obligations. Maintain proper financial records and supporting documentation. Lead, supervise, and develop the Finance team. Establish clear objectives and performance standards for Finance colleagues. Provide coaching and training to improve team capability and productivity. Promote a strong culture of accountability, accuracy, confidentiality, and financial control. Work closely with the General Manager to improve hotel profitability. Provide financial guidance to department heads and operational leaders. Participate in commercial and operational decision-making. Identify opportunities to increase revenue, reduce costs, and improve overall financial performance.

Desired Candidate Profile

Bachelor's degree in Accounting, Finance, or a related field. Professional accounting qualification such as CPA, ACCA, CMA, or equivalent is preferred. Minimum 5 8 years of relevant finance/accounting experience , preferably within the hotel or hospitality industry. Previous experience in a Financial Controller / Assistant Financial Controller / Finance Manager role in a hotel is highly preferred. Strong knowledge of hotel accounting, budgeting, forecasting, and cost control. Good knowledge of UAE VAT and applicable financial regulations. Strong analytical, organizational, and problem-solving skills. Excellent command of written and spoken English. Proficiency in Microsoft Excel and financial/accounting systems. Experience with hotel PMS, POS, and accounting systems is an advantage.

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  • CompanyRadisson Hotel Group
  • LocationAjman, UAE
  • CategoryAccounting
  • Listing sourceNaukrigulf
  • Apply onnaukrigulf.com
  • Listed1 month ago
Financial Controller On naukrigulf.com
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