Key Responsibilities
Financial Management & Reporting
- Oversee financial operations, accounting, and reporting across all cluster properties.
- Ensure accurate and timely preparation of monthly financial statements and management reports.
- Monitor hotel financial performance, revenue, expenses, GOP, and profitability.
- Ensure compliance with company financial policies, procedures, and statutory requirements.
- Coordinate internal and external audits and ensure audit readiness.
Budgeting & Forecasting
- Lead the preparation of annual budgets, forecasts, and financial business plans.
- Monitor actual financial performance against approved budgets.
- Analyze financial variances and recommend corrective actions.
- Provide financial insights and recommendations to support business decisions.
- Support management in achieving financial targets and business objectives.
Cost Control & Profitability
- Monitor operational expenses and identify cost-saving opportunities.
- Ensure effective control of departmental budgets and operating costs.
- Review payroll expenses, overtime, and manpower costs in coordination with People & Culture.
- Monitor food and beverage costs, inventory, and stock controls.
- Drive financial efficiency and profitability across all properties.
Cash Flow & Working Capital
- Monitor cash flow, liquidity, and working capital across the cluster.
- Oversee accounts payable, accounts receivable, and collection activities.
- Ensure timely supplier payments and proper management of outstanding balances.
- Monitor credit policies, debtor aging, and collection performance.
- Ensure effective cash management and banking procedures.
Internal Controls & Compliance
- Establish and strengthen financial controls across all cluster properties.
- Ensure compliance with company policies, accounting standards, and UAE statutory requirements.
- Monitor purchasing, procurement, payment, and authorization procedures.
- Ensure proper documentation and financial transaction controls.
- Address audit findings and implement corrective actions.
Cluster Coordination & Leadership
- Lead, guide, and support the finance teams across all assigned properties.
- Standardize financial reporting, procedures, and controls across the cluster.
- Conduct regular financial reviews and property visits.
- Work closely with Cluster General Managers, HODs, and Finance teams to improve financial performance.
- Support the development, training, and succession planning of finance team members.
Business Partnering
- Act as a financial business partner to the Cluster General Manager and hotel management teams.
- Provide financial analysis and recommendations to support operational and commercial decisions.
- Work closely with People & Culture, Procurement, Revenue, Sales, and Operations.
- Participate in management meetings, budget reviews, and business planning sessions.
- Identify financial risks and opportunities to support sustainable business growth.
Reporting & Administration
- Ensure timely submission of all financial reports and monthly closing requirements.
- Maintain accurate financial records and documentation.
- Prepare consolidated cluster financial performance reports.
- Monitor compliance with corporate reporting deadlines and financial procedures.
- Ensure proper maintenance of accounting systems and financial records.
Key Performance Indicators (KPIs)
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