[{{ $ctrl._job.status.name | translate}}] Resort Director of Finance - Madinat Jumeirah Resort
Jumeirah Group

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About Jumeirah

 

At Jumeirah, we are committed to encouraging and developing our colleagues in world class environments. We value diversity and provide equal opportunities, employing over 14,000 colleagues from over 140 different countries including locations in Asia Pacific, CIS, Central Asia, Western and Eastern Europe, South America, Africa and the Middle East.

 

We want you to do well from the beginning, so we’ll give you every chance to impress during the recruitment process. We promise our colleagues a warm welcome and will help you feel part of our Jumeirah family from day one. You can rely on us to support you as you settle into your journey with us and make Jumeirah ‘Your Place to Shine’.

 

Madinat Jumeirah – The Arabian Resort of Dubai is a magnificent tribute to Dubai’s heritage. The resort comprises of three grand boutique hotels: Jumeirah Mina A’Salam, Jumeirah Al Qasr, Jumeirah Al Naseem and a collection of 29 traditional summer houses known as Jumeirah Dar Al Masyaf. In addition, there’s seven exclusive Malakiya Villas, over 50 world-class restaurants and bars, a traditional souk, 3km of waterways with abras, a leading conference and banqueting centre, 2km of private beach, the award-winning Talise Spa and the Talise Fitness health club.

 

About the Role

 

An exciting opportunity has arisen for a highly talented and experienced Hospitality professional to join the Executive Team at Madinat Jumeirah Resort. The main purpose of this role is to be responsible for all accounting and financial requirements of the Madinat Jumeirah Complex comprising of four hotels (Al Naseem, Mina A’Salam, Dar Al Masyaf, & Al Qasr), over fifty restaurants and large conference and events space and providing business partnering finance support, advice and functional expertise to the management team of Madinat Jumeirah.

 

The key responsibilities will include:

 

Management Accounting Responsibilities:

  • Preparation of annual budgets and monthly forecasts;
  • Establish and recommend to management major financial objectives for hotel;
  • Prepare a 5 year capital budget for development projects and FF&E;
  • Prepare and present return on investment evaluation for capital development projects;
  • Develop a cash flow and balance sheet budget;
  • Coordinate and prepare a monthly operation forecast and drive accuracy thereof;
  • Conduct monthly internal performance review with the Management team;
  • Prepare monthly financial closing and generate MIS reports;
  • Generate and discuss with relevant parties special operation analysis reports with an objective of minimizing variances versus budget and prior year, flow through analysis, outlet menu engineering, profit margin analysis, manning structure and payroll cost, etc;
  • Adhoc analysis reports.

Committees and other responsibilities:

  • Contributing to strategic direction of Madinat Jumeirah by providing financial information, analysis and recommendations;
  • Establishing functional objectives in line with organizational objectives;
  • Executive Committee: Part of the Hotel Executive committee which meets periodically to coordinate and develop strategic decisions on competition, market situation, capital plan of the Complex, people, customer and financial performance;
  • Contribute to the strategic performance objectives according to the set balance score card targets and maintaining the quality in the property;
  • Maximizes return on invested funds by identifying investment opportunities; maintaining relationships with asset management;
  • Report monthly to regional, corporate and asset management group on the property financial performance;
  • Manage coordination with the finance shared service team based on an agreed SLA;
  • Work closely with regional team and corporate on any specific requirements;
  • Liaise with company treasury and corporate finance on cash flow, finance policies, reports, audits, and insurance matters;
  • Suggest and pilot best practices that could be shared with Finance Leadership Committee;
  • Prepare board papers when relevant;
  • Ensure compliance with company finance directives and delegation of authority;
  • Ensure compliance with all relevant rules and regulations in operating jurisdiction;
  • Supporting, advising and developing Finance team;
  • Work on special assignments set by regional or corporate team.

Financial Accounting Reporting Responsibilities:

  • The main responsibilities are managing the accounting records and financial reports and oversee the issuance of SBU financial reporting;
  • Draft and maintain accurate financial statements, prepare all relevant information for the mid-year and annual audit;
  • Review and approve quarterly balance sheet reconciliations;
  • Ensure general ledger posting are in compliance with uniformed system of accounting for lodging industry and relevant financial standards and Jumeirah directives;
  • Manage cash requirements and coordinate with corporate on required funds and shortfalls. Aim to optimize cash flow of the resort

 Risk, Audit and Compliance responsibilities:

  • Coordinate with Regional Finance and Internal Audit on compliance according to company financial directives and governance policies to proactively manage / mitigate risks and fraud;
  • Coordinate with government auditors
  • Coordinate with authorities for municipality fee compliance;
  • Contribute to company finance policy drafting, implement and ensure compliance within the Complex;
  • Monitor any legal issues involving the property;
  • Maintain relations with external auditors and action appropriate control recommendations;
  • Mitigate or limit any key risk on the asset and company IP;
  • Maintain banking relationship.

People Responsibilities

  • Ensure the right person in the right role, in an environment of continuous development
  • Recruit and retain the best people for the job, especially at Finance Manager and Assistant level. Make use of succession planning to develop and replace individuals effectively.
  • Work with the respective hotels to maximize efficiency in the accounting function. We should aim for optimum staffing levels and recognize that opportunities for improvement always exist
  • Put a major emphasis on developing the skill set of Hotel Finance Managers and Assistants. These individuals should have relevant, measurable and actionable personal development plan.
  • Liaise with your respective GMs and RDOF / SVP Finance to ensure your own professional development.
  • Provide training in hotels to enhance the financial skills of the Management Team as a whole. Be the "coach" to both the Hotel Finance teams and non-Financial Managers.

About You

 

In order to be considered for this role, you should have:

  • Minimum of Minimum 3 years in an Area/Cluster Director of Finance  role or 10 years in the role of Director of Finance in a 5 stars luxury brand . 

  • Bachelor’s degree in Commerce / Business / Accounting or Professional accreditation e.g. ACA, ACCA, CPA, CIMA, CMA

  • Proficiency in computer software systems such as MS Office and knowledge of Opera, Micros, Sun, and Hyperion is essential and excellent communication skills in written and spoken English

About the Benefits

 

This position offers a highly competitive salary and package which includes; housing allowance, annual flight allowance, medical and dental coverage, pension, life and accident insurance, retail and leisure discounts, complimentary use of Jumeirah F&B Outlets and reduced hotel rates and married candidate will be entitle for family benefits

 

 

Requisitos

See description

Tipo de oferta de empleo
A tiempo completo
Ubicación
Dubai, United Arab Emirates
Departamento
Administración, Finanzas / Contabilidad
Idiomas
Inglés
Fecha de incorporación
Lo antes posible

Jumeirah Group

JUMEIRAH™ Hotels & Resorts are regarded as among the most luxurious and innovative in the world and have won numerous international travel and tourism awards.

The company was founded in 1997 and currently operates 20 hotels in 7 countries. Jumeirah’s promise of STAY DIFFERENT™ delivers imaginative and exhilarating experiences in culturally connected environments offering a thoughtful and generous service.

In line with this promise, the individuality of the Jumeirah portfolio is unmistakable, encompassing Jumeirah at Etihad Towers in Abu Dhabi; the world renowned Burj Al Arab Jumeirah, the world’s most luxurious hotel and recognised as the symbol of Dubai, Jumeirah Beach Hotel, Jumeirah Creekside Hotel, Jumeirah Emirates Towers, Jumeirah Zabeel Saray and Madinat Jumeirah in Dubai; Jumeirah Messilah Beach Hotel & Spa in Kuwait; Jumeirah Dhevanafushi and Jumeirah Vittaveli in the Maldives; Jumeirah Himalayas Hotel in Shanghai; Jumeirah Frankfurt in Germany; Jumeirah Port Soller Hotel & Spa in Mallorca, Spain; as well as Jumeirah Carlton Tower and Jumeirah Lowndes Hotel in London.

Jumeirah Group also manages two five-star luxury serviced residences: Jumeirah Living World Trade Centre in Dubai and Grosvenor House Suites by Jumeirah Living in London; Talise, our spa brand; Jumeirah Restaurants, our restaurant division; the thrilling Wild Wadi Waterpark; and the Emirates Academy of Hospitality Management.

Whenever you stay with us or use any of our services, our aim is for you to come away with a sense of the Jumeirah spirit - a genuinely caring and personal service. In our own words, to STAY DIFFERENT™.

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