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Director of Finance - DoubleTree by Hilton Resort & Spa Marjan Island

Hilton
Abu Dhabi, UAE
Full Time
Director
Onsite
1 months ago
Financial StrategyFinancial Planning and AnalysisBudgetingForecastingGAAPFinancial Reporting
Free

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Financial StrategyFinancial Planning and AnalysisBudgeting
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Job Description

  • The role aims to be recognized as trusted advisors to the business.
  • Attracts and retains best in class finance professionals, develops their finance team and enables them to Thrive.
  • Communicates with impact to all stakeholders, ensures a robust control and compliance environment.
  • Partners with our business to maximize profit for our shareholders and owners.

Responsibilities

  • Drive financial strategy: Lead all hotel finance activities and develop financial strategies that align with the hotel’s business objectives.
  • Oversee financial planning and analysis: Direct the preparation of annual budgets, forecasts, business plans, financial projections, and performance reviews.
  • Advise hotel leadership: Serve as the principal financial business partner to the General Manager, ownership groups, asset managers, and department leaders.
  • Ensure financial compliance and governance: Maintain compliance with GAAP, Hilton policies, regulatory requirements, contractual obligations, and management agreement provisions.
  • Optimize financial reporting and controls: Oversee financial systems, reporting processes, internal controls, and accounting procedures.
  • Monitor and approve financial transactions: Direct and authorize hotel revenues, expenditures, purchases, payroll, contracts, and capital investments.
  • Manage stakeholder partnerships: Develop and maintain strong working relationships with internal and external stakeholders.
  • Ensure management agreement compliance: Maintain a thorough understanding of the hotel management agreement and implement processes and controls.
  • Drive operational and commercial performance: Partner closely with operational and commercial leaders to identify opportunities for revenue growth, cost optimization, productivity improvement, and enhanced financial returns.
  • Cultivate a high performing team: Lead, develop, and retain a best in class finance team through effective performance management, succession planning, professional development, coaching, and recognition programs.

Qualifications

  • Previous hotel level finance leadership experience within the hospitality industry and experience working within an international hospitality brand or multi property environment.
  • Demonstrated strategic, financial, and operational leadership capabilities.
  • Strong understanding of hotel operations, financial management, forecasting, budgeting, reporting, and business planning.
  • Advanced proficiency in Microsoft Office applications, particularly Excel, PowerPoint, and Word.
  • Bachelor's degree in accounting, Finance, Business Administration, or a related field.
  • Professional accounting or finance qualification (e.g., CIMA, ACCA, CPA, CA, or equivalent) is preferred.

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