Assistant Director of Finance
Job Fit Check
Base Career helps you apply smarter for this job.
Key skills for this role
About the Role
Raffles Dubai is seeking an Assistant Director of Finance to assist the Cluster Director of Finance in all financial aspects of hotel operations. The role involves preparing budgets, financial reporting, cash flow management, and supervising the accounting office.
Key Skills for This Role
Responsibilities
- Assist Cluster Director of Finance in preparing the annual budget, FF&E budgets and the rolling forecast
- Provide accurate and complete financial and management reports on a timely and accurate basis
- Responsible for the analysis and interpretation of the financial data
- Ensure cash flow is adequate to meet the needs of the operation
- Approve all cash disbursements and ensure that all disbursements are properly documented and executed
- Verify accruals and journal entries, and maintain reconciliations for all balance sheet accounts
- Prepare or oversee the preparation of all local, state and federal tax returns and other reporting
- Supervise the day to day activities of all accounting staff
- Manage all facets of the capital process
- Developing, implementing and monitoring credit and collection procedures
Requirements
- Bachelor/Master Degree in Accounting & Finance
- Minimum of 3 5 years experience in a senior finance position
- Familiarity with financial systems: OPERA, MICROS/SYMPHONY, SUN, HYPERION, FUTURE LOG
- Must have Leadership Skills
- Must be a Team player
- Must have a high degree of professional integrity and confidentiality
Full Job Posting
Job Description
- We invite you to join the world of luxury hospitality at Raffles Dubai as our new Assistant Director of Finance. This position requires assisting the Cluster Director of Finance in the administration of all financial aspects of the hotel’s operations, ensure that all local, corporate policies, proce
Key Responsibilities
- The Assistant Director of Finance will assist Cluster Director of Finance in preparing, the annual budget, FF&E budgets and the rolling forecast.
- To provide accurate and complete financial and management reports on a timely and accurate basis to hotel management, corporate office and owners in accordance with the company and ownership reporting requirements and policy.
- Responsible for the analysis and interpretation of the financial data and communicating this in a comprehensible form, of meaningful variations in the operations.
- Ensure cash flow is adequate to meet the needs of the operation. Approve all cash disbursements and ensure that all disbursements are properly documented and executed. Approve all rebates, adjustments and allowances in accordance with company policy.
- To verify accruals and journal entries, and maintain reconciliations for all balance sheet accounts in established corporate formats and in accordance with generally accepted accounting principles.
- Have a thorough knowledge of the contents of all volumes of the Policy& Procedure.
- Prepare or oversee the preparation of all local, state and federal tax returns and other reporting on a timely basis.
- To protect the owners and the management company’s interest in the hotel assets and operations.
- To participate in the development, maintenance and adherence to a single chart of accounts, payroll and expense dictionary, and the function of accounts in order that the hotels financial and statistical data is accurately and consistently recorded and reported.
- Has a fiduciary responsibility to the Company and/or Owners for ensuring the hotels are reporting in compliance with the policies, the Uniform Chart of Accounts and hotel management or other contractual arrangements with respect to accounting matters.
- The analysis of the balance sheet accounts, on a selected basis and the preparation of the monthly internal benchmarking and operational performance analysis reports.
- Accountable for the development, documentation and maintenance, within hotels, to ensure compliance with the requirements of internal/standard controls.
Qualifications and Experience
- Bachelor/Master Degree in Accounting & Finance
- Familiarity with financial systems: OPERA, MICROS/SYMPHONY, SUN, HYPERION, FUTURE LOG
- Minimum of 3 5 years experience in a senior finance position
Personal Attributes
- Must willing to work a flexible schedule in order to accomplish all major responsibilities and tasks.
- Must have commitment to follow all local and corporate policies and procedures.
- Must have a high degree of professional integrity and confidentiality, and work in a safe, prudent and organized manner.
- Must have Leadership Skills.
- Must be a Team player.
- Embrace the Raffles brand promise and luxury in your role and in all your interactions.
- Foster an inclusive environment where every individual feels valued and respected
- Create an environment where colleagues are empowered, supported and recognized
- Drive top performance to achieve exceptional results
Employee Benefits
- Join our team and enjoy a range of exclusive colleague perks, including complimentary upgrades, extended stays, discounted stays across Fairmont & Raffles properties, special dining and wellness discounts, and added luxuries to enhance your experience.
Apply for this job in 1 click
Skip the repetitive application forms
Install the Base Career Chrome Extension and autofill job applications across major job boards with your profile.
Trusted by over 500,000 job seekers on Base Career
More from this employer
More jobs at Raffles
Waiter / Waitress
Dubai, UAE
Raffles The Palm Dubai is seeking a Waiter/Waitress to provide prompt, attentive, and courteous food and beverage service. The role requires at least 1 year of F&B serving experience, secondary education, and proficiency
Guest Relations Officer
Dubai, UAE
Raffles The Palm Dubai seeks a Guest Relations Officer to architect the individual guest journey, ensuring seamless pre-arrival to post-departure experiences. The role requires 2+ years in luxury hotel guest-facing roles
People & Culture Coordinator - Engagement & Operations
Doha, QAT
Raffles & Fairmont Doha seeks a People & Culture Coordinator to support HR operations and employee engagement. The role coordinates onboarding, HR systems, engagement initiatives, and administrative processes. Requires 1
Sales Manager - Leisure
Doha, QAT
Raffles & Fairmont Doha seeks a Sales Manager - Leisure to drive luxury leisure business. You will develop relationships with high-end travel advisors and consortia, negotiate contracts, and represent the brands at trade
Director of Sales, Leisure
Dubai, UAE
We invite you to join Raffles The Palm as Director of Sales, Leisure. You will drive revenue growth within the Leisure segment, manage key accounts, and lead sales strategies to achieve targets. The ideal candidate has a
Assistant Manager - In Room Dining (IRD)
جدة, KSA
Raffles Hotel Jeddah is seeking an Assistant In-Room Dining Manager to oversee in-room dining operations and ensure guest satisfaction. The role involves supervising daily operations, managing staff, handling guest feedb
Recreation Manager
Doha, QAT
Raffles & Fairmont Doha seeks a Recreation Manager to oversee recreation and wellness operations, including pools, fitness facilities, and guest activities. The role ensures exceptional guest experiences, operational eff
Cost Controller
جدة, KSA
Raffles Hotel Jeddah seeks a detail-oriented Cost Controller to manage financial resources and optimize cost management. Responsibilities include developing cost control systems, analyzing financial data, conducting inve
Waiter / Waitress
Dubai, UAE
Guest Relations Officer
Dubai, UAE
People & Culture Coordinator - Engagement & Operations
Doha, QAT
Sales Manager - Leisure
Doha, QAT
Director of Sales, Leisure
Dubai, UAE
Assistant Manager - In Room Dining (IRD)
جدة, KSA
Recreation Manager
Doha, QAT
Cost Controller
جدة, KSA