Director of Finance Banking industry Dubai

Banking industry in Dubai is presently hiring well experienced and educated candidates for the job role of Director of Finance. This job was published on Khaleej Times on 13 Feb, 2024.

Responsibilities of Director of Finance:

• Establish and monitor financial controls to safeguard divisional/corporate assets and  to ensure property policies are administered fairly and consistently.
• Able to develop an efficient and professional team of employees within the Finance and Accounting Department.
• Ensure that the Finance and Accounting department runs smoothly so that all
  financial and management reports are accurate and available by their due dates.
• Ensure that the books, records, and accounts are maintained accurately and fairly reflect the transactions and administration of the Hotel.
• Participate in the employee performance appraisal process, providing feedback as needed.
• Conduct monthly performance reviews with the General manager and HODs and establish a combined action plan.
• Establish a strong and professional relationship with the owner and asset managers.
• Work closely with the General Manager and Owner of the property to ensure
  timely submission of financial and management reports and discuss long-term
  business plans based on these reports and meeting the organisation’s strategic goals.
• Provide training in the hotel to enhance the financial skills of the management team as a whole.
• Monitor all applicable local tax compliance, ensuring that taxes are charge
  correctly and collected. File the local tax with the concerned authority on a
  monthly/regular basis.
• Liaise with company treasury and corporate finance on cash flow, finance policies, reports, audits, and insurance matters.
• Liaise with external and internal auditors and ensure their findings and
  recommendations are implemente in the respective department.
• Monitor and improve hotel operation costs, and profitability and manage business risk.

Requirements of Director of Finance

• The candidate should be a qualified accountant in CA / CPA or equivalent.
• minimum of 8 – 10 years of UAE experience in the Hotel Industry.

Skills and knowledge desired

• Strong communication and writing skills
• Excellent analytical and negotiation skills
• Proficiency in computer software of the Hotel industry with property management system and Microsoft Office.
• Good leadership and team management skills
• Be self motivate, able to work professionally, and handle work pressure.

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Tagged as: Khaleej times jobs