Cluster Director of Finance

Full time at a Laimoon Verified Company in Qatar

Posted on December 28, 2024

Job details

**Job Number** 24014633

**Job Category** Finance & Accounting

**Location** Sheraton Grand Doha Resort & Convention Hotel, Al Corniche Street, Doha, Qatar, Qatar VIEW ON MAP

**Schedule** Full-Time

**Located Remotely?** N

**Relocation?** N

**Position Type** Management

**JOB SUMMARY**

Functions as the strategic financial business leader for a cluster of properties (The Ritz-Carlton Doha | Sharq Village & Spa, A Ritz-Carlton Hotel | Sheraton Grand Doha Resort & Convention Hotel | Al Messila, A Luxury Collection Resort & Spa, Doha) within a market. Responsible for achieving financial goals at each participating property. The position champions, develops and implements property-wide strategies that deliver products and services to meet or exceed the needs and expectations of the brand's target customer and property employees. The position provides the financial expertise to enable the successful implementation of the brand service strategy and brand initiatives while maximizing the return on. In addition, creates and executes a business plan that is aligned with the brand's business strategy and focuses on the execution of financial and accounting activities and the delivery of desirable financial results. This position reports directly to the Area Director of Finance and dotted line reporting to the General Managers/Hotel Managers of the clustered properties.

**CANDIDATE PROFILE**

**Education and Experience**

- 4-year bachelor's degree in Finance and Accounting or related major; 2 years experience in the finance and accounting or related professional area.

OR

- Master's degree in Finance and Accounting or related major; no work experience required.

**CORE WORK ACTIVITIES**

**Engaging in Strategic Planning and Decision Making**

- Develops means to improve profit, including estimating cost and benefit and exploring new business opportunities.

- Analyzes information, forecasts sales against expenses and creates annual budget plans.

- Compiles information, analyzes and monitors actual sales against projected sales.

- Analyzes differences between actual budget wages and forecasted wages for more efficient budget planning.

- Identifies the underlying principles, reasons, or facts of information by breaking down information or data into separate parts.

- Thinks creatively and practically to develop, execute and implement new business plans.

- Creates the annual operating budget for the properties.

- Provides analytical support during budget reviews to identify cost saving and productivity opportunities for property managers.

- Leads the development and implementation of a comprehensive annual business plan which is aligned with the company's and brand's strategic direction.

- Produces accurate forecasts that enable operations to react to changes in the business.

- Collaborates with Operations and Revenue Managers to develop effective revenue management strategies.

**Leading Finance & Accounting Teams for Cluster**

- Utilizes interpersonal and communication skills to lead, influence, and encourage others; advocates sound financial/business decision making; demonstrates honesty/integrity; leads by example.

- Communicates the strategic goals, the focus and the owner priorities to subordinates in a clear and precise manner.

- Oversees internal, external and regulatory audit processes.

- Provides on going analytical support by monitoring the operating department's actual and projected sales.

- Uses financial expertise and analytical models to evaluate mix of transient and group revenue.

**Anticipating and Delivering on the Needs of Key Stakeholders**

- Demonstrates a commitment to meeting the needs of all key stakeholders.

- Understands and meeting the needs of key stakeholders (owners, corporate, guests, etc.).

- Advises the GM and executive committee on existing and evolving operating/financial issues.

- Demonstrates an understanding of cash flow and owner priorities.

- Manages property working capital and cash flow in accordance with brand SOPs and owner requirements.

- Understands the owners' perspective and ROI expectations.

- Attends meetings and communicating with the owners, understanding the priorities and strategic focus.

**Developing and Maintaining Finance and Accounting Goals**

- Ensures Profits and Losses are documented accurately.

- Monitors all taxes that apply, ensuring that taxes are current, collected and/or accrued.

- Submits reports in a timely manner, ensuring delivery deadlines.

- Improves profit growth in operating departments.

- Coaches management team to ensure revenue goals are met and opportunities are identified and addressed.

- Achieves and exceeds goals including performance goals, budget goals, team goals, etc.

- Sets aggressive goals that will drive the cluster's financial performance.

- Provides pricing and inventory recommendations that increase market share and attain revenue growth and profit goals.

**Managing Projects and Policies**

- Champions the use of tech

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Cluster Director of Finance

Job details

Apply safely

Hiring company

Confidential

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