Job Description

Citymax Hotels

Senior Finance Manager

Job id: 562952

21 Jan 2025

Job Location

United Arab Emirates

Experience

10 to 15 years

Qualification Level

Graduate; CA / CS / CFA / All Professional Finance Degrees

Job Function

Accounts / Tax / CS / Audit / Finance

Skillset

Chartered Accountant

Jobseeker Nationality

Jobseekers from any country

Key Accountabilities –

Financial Controller for the hotel portfolio responsible for managing hotel finance operations, supervising the hotel finance team and ensuring compliance with SOPs and audits
Coordinate with Center of Excellence (Shared Service Center) for monthly book closure
Monthly MIS preparation and reporting to various stakeholders

Preparation and presentation of the monthly / quarterly board review presentation and presentation for different JV partners.
Responsible for preparation of annual/long term budgets (3/5 year plans), periodic forecast, monthly performance and all kinds of variance analysis.

Make presentations for Board meetings
Reviewing the results and identification of reasons for variances, conducting discussions with all hotel GMs and department heads for course corrections

Conduct reviews and evaluations for cost-reduction opportunities. Driving cost saving initiatives
Review of the KBI targets and achievement
Responsible for fund management including cashflow preparation, forecasting, intra concept fund movement and coordinating with shareholders for any funding requirement.

Analyze costs, pricing, variable contributions, sales results and the company’s actual performance compared to
the business plans.

Advise on investment activities and provide strategies that the company should take by building financial models and scenario analysis
Reviewing and ensuring a clean Balance Sheet and healthy Finance Assurance Report
Review Capex proposals including feasibility preparation for Board approval

Approval for all purchase orders and ensuring budgetary control of all kinds of spends
Liaise with internal auditors to ensure appropriate monitoring of company finances.
Correspond with various other departments, discussing company plans and agreeing on future paths to be taken.

Ad -hoc management analysis and reports
Participate in the management decision making process by providing analytical business inputs.
Supervising the hotel finance team, setting goals and reviewing performance.

Qualifications

Mandatory Requirement –

Qualified Chartered Accountant with 10-years of post-qualification experience of which minimum 3 years should be as finance controller with a hotel or hotel group

Must be very strong in MS Excel skills and power point presentation skills
Minimum 5 years’ experience of working in business planning, business partnering and analysis role

Ability to multi-task and work in a challenging fast paced environment
Excellent written and verbal communication skills
Should have a good orientation around process and controls

Should be able to manage and supervise team
Strong presence with the ability to interact with Senior Leadership.
Preferred additional requirement –

Prior experience in business partnering role
Prior experience of working with B4
Strong organizational skills and attention to detail
Having working knowledge of Power BI tools will be an advantage

You will be redirected to the company website to apply for this position.

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