Assistant Manager Finance Jumeirah Zabeel Saray Dubai

  • Full time
  • Dubai, UAE
  • Posted 4 months ago
  • 8000-15000 AED / Month
  • This position has been filled

An exciting opportunity has arisen for Assistant Manager to join the Finance team in Jumeirah Zabeel Saray. The job holder will be responsible to assist in financial management, budgeting, and reporting activities for the hotel, ensuring compliance with accounting standards, optimizing financial performance, and supporting strategic decision-making processes.

Responsibilities of Assistant Manager

  • To ensure all aspects of the financial management of the property, 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 are in compliance with Jumeirah standards.
  • To assist in preparing and managing the annual budgeting and forecasting process to ensure all departments are delivering according to the approved targets
  • To supervise the Financial Accountant in all stages leading to the preparation of all monthly financial reporting and analysis.
  • To deputize the Finance Manager during his/here absence and to be fully acquainted with / her job description in order to carry out those responsibilities.
  • To provide accurate forecasting of the business in order to determine correct allocation of resources and maximise business performance.
  • To ensure and approve the monthly balance sheet reconciliation making sure all the books are of clean records.
  • To ensure the Authorization Limit Document is followed and all approvals are as authorized.
  • Sign and approve all daily operation documents for all delegated finance sections.
  • Sign and approve all payments whether via cheque or online banking.
  • To provide value added business performance reporting to give the operations the tools to identify areas for improvement
  • To 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
  • To ensure a detailed understanding of local accounting and tax rules and ensure all reporting is in compliance with company directives
  • To ensure that the capital replacement and disposal policy is enforced as per the company directives and in line with the management agreement.
  • To handle problems of the Finance Department with the exception of what needs to be referred to the Finance Manager.

Additional Duties

  • To attend to all insurance requirements of the Hotel.
  • Review all contracts along with the legal consultancy.
  • To review lease agreements entered into by the Hotel.
  • To assist the Finance Manager in enforcing implementation of the Finance Directive.
  • Ensure compliance on the internal control checklist of not less than 95%.
  • To manage, hiring, training, and appraisal of accounting personnel as part of the effort to build an efficient team and to take active interest in their development and welfare.
  • All pre-opening tasks and responsibilities as per pre-opening plan but not limited to pre-opening plan – if applicable
  • To ensure that the relevant support to a day’s transactions are complete and have been verified for the Finance Manager’s Finance’s approval.
  • To assist the Finance Manager in all stages leading to the preparation of all monthly financial reporting and analysis.
  • To assists in compiling budgets and forecasts and to aid Heads of Departments by providing historical data or support details.
  • To set guidelines and deadline dates for each employee’s monthly work in order to ensure timely financial reporting.
  • To manage the duties and responsibilities of the accounting employees.
  • Supervise the preparation of all monthly financial reporting and analysis
  • To organize the accounting office in conjunction with the Finance Manager Finance.
  • To ensure accuracy and timely closing of books on a monthly basis
  • To distribute work to employees on an equitable basis.
  • To schedule and introduce flexible job functions through job rotation.
  • To ensure that all employees do understand fully and adhere to the property’s employee rules and regulations, as well as to the property’s policies relating to fire, safety and health.
  • To instruct employees on the correct standards and procedures and to handle their problems regarding their daily work.

Requirements of Assistant Manager 

  • Partly or fully qualified professional accounting qualification (ACA, CMA, etc).
  • At least 2 years management level experience.

Skills and Knowledge Desired

  • Excellent Excel skills essential.
  • Good knowledge of ERP systems an advantage (Oracle, Sun, etc).
  • Strong communication and interpersonal skills.
  • Strong background in hospitality Finance function.
  • Displayed a strong track record of solid career progression to date.
  • Knowledge of the Uniformed System of Account for Lodging Industry.

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