Dir-Finance-A
Job Fit Check
Base Career helps you apply smarter for this job.
Key skills for this role
About the Role
The Luxury Collection seeks a strategic financial leader to serve as Director of Finance at its Jeddah property. The role champions property-wide strategies, provides financial expertise, and maximizes return on investment.
Key Skills for This Role
Responsibilities
- Develop means to improve profit, including estimating cost and benefit, exploring new business opportunities
- Analyze information, forecast sales against expenses, and create annual budget plans
- Lead the development and implementation of a comprehensive annual business plan aligned with company and brand strategic direction
- Oversee internal, external, and regulatory audit processes
- Manage property working capital and cash flow in accordance with brand standard operating procedures and owner requirements
- Ensure compliance with management contract and reporting requirements
Requirements
- 4 year bachelor's degree in Finance and Accounting or related major; 3 years experience in finance and accounting or related professional area
- Master's degree in Finance and Accounting or related major; 1 year experience in finance and accounting or related professional area
Full Job Posting
Job Summary
- Functions as the property’s strategic financial business leader, championing property wide strategies to meet brand and employee needs.
- Provides financial expertise to implement brand service strategy and maximize return on investment.
- Creates and executes a business plan aligned with property and brand business strategy.
Education And Experience
- 4 year bachelor's degree in Finance and Accounting or related major; 3 years experience in finance and accounting or related professional area.
- OR Master's degree in Finance and Accounting or related major; 1 year experience in finance and accounting or related professional area.
Engaging in Strategic Planning and Decision Making
- Develops means to improve profit, including estimating cost and benefit, exploring new business opportunities.
- Analyzes information, forecasts sales against expenses and creates annual budget plans.
- Compiles information, analyzes and monitors actual sales against projected sales.
- Analyzes differences between actual budget wages and forecasted wages for more efficient budget planning.
- Identifies underlying principles, reasons, or facts by breaking down information or data into separate parts.
- Thinks creatively and practically to develop, execute and implement new business plans.
- Creates the annual operating budget for the property.
- Provides analytical support during budget reviews to identify cost saving and productivity opportunities.
- Implements a system of appropriate controls to manage business risks.
- Ensures a strong accounting and operational control environment to safeguard assets, improve operations and profitability.
- Analyzes financial data and market trends.
- Leads the development and implementation of a comprehensive annual business plan aligned with company and brand strategic direction.
Leading Finance Teams
- Utilizes interpersonal and communication skills to lead, influence, and encourage others; advocates sound financial/business decision making.
- Communicates strategic goals, focus and owner priorities to subordinates in a clear and precise manner.
- Leverages strong functional leadership and communication skills to influence executive team and property strategies.
- Oversees internal, external and regulatory audit processes.
- Provides excellent leadership by assigning team members and other department managers clear accountability.
- Conducts annual performance appraisals with direct reports according to standard operating procedures.
Anticipating and Delivering on the Needs of Key Stakeholders
- Attends meetings and communicates with owners, understanding priorities and strategic focus.
- Understands and meets needs of key stakeholders (owners, corporate, guests, etc.).
- Advises GM and executive committee on existing and evolving operating/financial issues.
- Communicates financial concepts in a clear and persuasive manner.
- Demonstrates understanding of cash flow and owner priorities.
- Manages communication with owners in an effective manner.
- Manages property working capital and cash flow in accordance with brand SOPs and owner requirements.
- Facilitates critique meetings to review information with management team.
Developing and Maintaining Finance Goals
- Ensures Profits and Losses are documented accurately.
- Monitors all taxes that apply, ensuring taxes are current, collected and/or accrued.
- Submits reports in a timely manner, ensuring delivery deadlines.
- Develops and supports achievement of performance goals, budget goals, team goals, etc.
- Improves profit growth in operating departments.
- Reviews audit issues to ensure accuracy.
- Monitors the purchasing process as applicable.
Managing Projects and Policies
- Generates and provides accurate and timely results in the form of reports, presentations, etc.
- Reconciles balance sheet to ensure account balances are supported by appropriate documentation.
- Ensures that the P&L is accurate (costs properly matched to revenue, recorded in proper accounts).
- Ensures compliance with management contract and reporting requirements.
- Ensures compliance with standard and local operating procedures.
- Ensures compliance with standard operating procedures.
Managing and Conducting Human Resource Activities
- Ensures team members are cross trained to support successful daily operations.
- Ensures property policies are administered fairly and consistently.
- Ensures new hires participate in department orientation program.
- Ensures new hires receive appropriate new hire training.
- Creates appropriate development plans for team members based on individual strengths, needs, career aspirations and abilities.
- Conducts performance review process for employees.
- Participates in hiring activities as appropriate.
About The Luxury Collection
- Part of Marriott International, The Luxury Collection includes over 120 hotels in more than 35 countries.
- Offers unique experiences that create lasting memories.
- Committed to equal opportunity employment.
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 The Luxury Collection
Front Office Assistant
Dubai, UAE
The Luxury Collection seeks a Front Office Assistant (Guest Experience Expert) in Dubai to deliver memorable guest experiences through check-in/out, operational tasks, and local area knowledge. No prior experience requir
Demi Chef de Partie
Dubai, UAE
The Luxury Collection at Dubai Desert Conservation Reserve seeks a Demi Chef de Partie to supervise kitchen staff, ensure food quality and presentation, and maintain sanitation standards. Candidates need 5 years of culin
Telephone Operator
Dubai, UAE
The Luxury Collection in Dubai seeks a Telephone Operator (Guest Experience Expert) to provide memorable guest experiences. The role involves processing operational needs, addressing guest requests, and sharing local hig
Guest Service Assistant
Dubai, UAE
The Luxury Collection in Dubai is hiring a Guest Service Assistant to deliver exceptional guest experiences. The role involves check-in/check-out, addressing guest requests, and providing local area information. Requires
Housekeeping Supervisor
Jiddah, KSA
The Luxury Collection in Jeddah seeks a Housekeeping Supervisor to inspect guest rooms and public areas, manage room assignments, and assist with hiring and training. The role requires at least 1 year of related work exp
Guest Arrival Expert - Bellboy
Doha, QAT
The Luxury Collection is hiring a Guest Arrival Expert (Bellboy) in Doha to create memorable first and last impressions for guests. Responsibilities include processing operational needs, addressing guest requests, and as
Spa Service Expert (Spa Attendant) - Female
Doha, QAT
The Luxury Collection in Doha is seeking a Spa Service Expert (Spa Attendant) to support spa functions, promote services, schedule reservations, and ensure guests enjoy a memorable experience. The role requires a high sc
Multi - Property Assistant Director Of Quality & Training
Dubai, UAE
The Luxury Collection seeks an Assistant Director of Quality & Training to communicate Total Quality Management through advising, coaching, and training. The role involves developing quality assurance strategies, managin
Front Office Assistant
Dubai, UAE
Demi Chef de Partie
Dubai, UAE
Telephone Operator
Dubai, UAE
Guest Service Assistant
Dubai, UAE
Housekeeping Supervisor
Jiddah, KSA
Guest Arrival Expert - Bellboy
Doha, QAT
Spa Service Expert (Spa Attendant) - Female
Doha, QAT
Multi - Property Assistant Director Of Quality & Training
Dubai, UAE