Finance Director

Roles and ResponsibilitiesAn exciting opportunity has arisen for a Finance Director - Finance. The role will oversee and ensure that the hotel's financial operations run smoothly and ensure the inflow and outflow of cash is monitored, minimizing loss/cost as much as possible. This role involves assisting in the preparation of financial reports, conducting analysis to support decision-making, and collaborating with the leadership team and internal stakeholders to ensure the organization's financial objectives are met.Your key responsibilities will include:Responsible for all aspects of the financial management of the properties, which includes administering accounting policies & procedures, following procurement practices and procedures, preparing and interpreting financial statements and management reports, budgetary control, and all legal/contractual matters to ensure compliance with Jumeirah standards.Drive the annual budgeting and forecasting process to ensure all departments are delivering according to the approved targets.Lead the Finance team to drive improved performance and develop talent to create solid succession planning within the SBU and beyond for Jumeirah.Provide accurate forecasting of the business to determine correct allocation of resources and maximize business performance.Provide value-added business performance reporting to give operations the tools to identify areas for improvement.Lead the support and coordination of all internal and external audit visits and ensure a good relationship with the key members of these teams and pro-active follow-up of audit issues raised.Maintain a strong business relationship with the owner/owner's representative to align business objectives and facilitate approvals on relevant activities (capex, etc).Ensure a detailed understanding of local accounting and tax rules and ensure all reporting is in compliance with company directives.Ensure that the capital replacement and disposal policy is enforced as per the company directives and in line with the management agreement.Act as a business partner/advisor to the General Manager and other members of the Excom team to help achieve hotel objectives.Any other duties as may reasonably be requested by the management.About You:The ideal candidate for this position will have the following experience:7 years minimum of relevant experience in a senior finance role.Degree level education, preferably with a Finance-related degree - essential.Partly or fully qualified professional accounting qualification (ACCA, ACA, CMA, etc) - desirable.Experience working for or with the luxury hospitality retail industry preferred.This role requires a strategic thinker with strong financial acumen and the ability to drive excellence in financial management practices.Strong presentation skills, ability to articulate clearly and concisely financial information to colleagues without a finance background.ERP competencies (preferably Oracle Fusion and EPM) - Practical experience including master data management.Software competencies - Microsoft Office programs (Advanced Excel models and PowerPoint presentation skills).Middle East experience desirable.Desired Candidate ProfileFinancial Strategy: Developing and implementing financial strategies that align with the organization's goals and objectives.Budget Management: Overseeing the preparation and management of budgets, ensuring resources are allocated effectively and efficiently.Financial Reporting: Preparing and presenting financial reports to the executive team and board of directors, providing insights into financial performance and trends.Cash Flow Management: Monitoring cash flow, managing liquidity, and ensuring the organization meets its financial obligations.Risk Management: Identifying financial risks and implementing strategies to mitigate them, including insurance and investment strategies.Compliance: Ensuring compliance with financial regulations, accounting standards, and internal policies, and coordinating audits as necessary.Team Leadership: Managing and mentoring the finance team, fostering a culture of collaboration and continuous improvement.Financial Analysis: Conducting financial analysis to support strategic decision-making, including cost-benefit analysis and investment evaluations.Stakeholder Engagement: Collaborating with other departments and external stakeholders to align financial strategies with operational goals.Technology Integration: Overseeing the implementation of financial systems and technologies that enhance reporting and operational efficiency.Key SkillsFinancial Acumen: Deep understanding of financial management, accounting principles, and financial regulations.Analytical Skills: Strong ability to analyze complex financial data and provide actionable insights.Leadership: Proven leadership skills to inspire and guide the finance team, promoting a high-performance culture.Communication: Excellent verbal and written communication skills for presenting financial information to diverse audiences.Strategic Thinking: Ability to think strategically and align financial management with organizational goals.

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