Finance Controller
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Key skills for this role
About the Role
YORK INTERNATIONAL HOTEL seeks a Finance Controller to oversee financial management, accounting, cash flow, internal controls, and team leadership. The ideal candidate has 5-10 years of finance experience in hospitality and strong knowledge of hotel accounting systems like IDS Next.
Key Skills for This Role
Responsibilities
- Prepare and analyze monthly, quarterly, and annual financial statements
- Monitor hotel revenues, expenses, and profitability
- Develop and manage annual budgets and forecasts
- Conduct variance analysis and recommend corrective actions
- Ensure accurate recording of all financial transactions
- Supervise accounts payable, accounts receivable, general ledger, and payroll functions
- Ensure timely month end and year end closing processes
- Maintain compliance with accounting standards and company policies
- Prepare financial reports for management and ownership
- Monitor daily cash positions and cash flow forecasts
- Manage banking relationships and financing arrangements
- Control working capital and optimize cash utilization
Requirements
- Bachelor's degree in Finance, Accounting, Commerce, or related field
- Professional qualification such as CPA, ACCA, CMA, CA, or equivalent preferred
- 5–10 years of finance/accounting experience, with hotel or hospitality industry experience preferred
- Strong knowledge of hotel accounting systems (e.g., Opera, SunSystems, SAP, Oracle, or similar)
- Advanced proficiency in Microsoft Excel and financial reporting tools
- Minimum 2–3 years of hands on experience using IDS Next in a hotel finance environment
Full Job Posting
Key Responsibilities
- Prepare and analyze monthly, quarterly, and annual financial statements.
- Monitor hotel revenues, expenses, and profitability.
- Develop and manage annual budgets and forecasts.
- Conduct variance analysis and recommend corrective actions.
- Ensure accurate recording of all financial transactions.
- Supervise accounts payable, accounts receivable, general ledger, and payroll functions.
- Ensure timely month end and year end closing processes.
- Maintain compliance with accounting standards and company policies.
- Prepare financial reports for management and ownership.
- Monitor daily cash positions and cash flow forecasts.
- Manage banking relationships and financing arrangements.
- Control working capital and optimize cash utilization.
Qualifications
- Bachelor's degree in Finance, Accounting, Commerce, or related field.
- Professional qualification such as CPA, ACCA, CMA, CA, or equivalent preferred.
- 5–10 years of finance/accounting experience, with hotel or hospitality industry experience preferred.
- Strong knowledge of hotel accounting systems (e.g., Opera, SunSystems, SAP, Oracle, or similar).
- Advanced proficiency in Microsoft Excel and financial reporting tools.
Key Skills
- Financial Analysis & Reporting
- Budgeting & Forecasting
- Cost Control & Revenue Management
- Cash Flow Management
- Audit & Compliance
- Leadership & Team Management
- Strategic Planning
- Communication & Presentation Skills
- Problem Solving & Decision Making
KPIs
- Budget achievement and cost control targets.
- Accuracy and timeliness of financial reports.
- Cash flow performance.
- Audit results and compliance standards.
- Profitability improvement initiatives.
- Reduction of financial risks and control deficiencies.
Systems & Technical Requirements
- Strong working knowledge of hotel accounting and property management systems.
- Experience with IDS Next including financial modules, revenue reporting, night audit reconciliation, accounts receivable, accounts payable, budgeting, and financial analysis.
- Ability to generate management reports and analyze operational and financial data through IDS.
- Experience integrating IDS reports with Microsoft Excel and other financial reporting tools.
- Familiarity with hotel PMS, POS, inventory management, and procurement systems.
Preferred Qualifications
- Minimum 2–3 years of hands on experience using IDS Next in a hotel finance environment.
- Experience in hotel pre opening, system implementation, or financial process optimization using IDS is an advantage.
Additional Key Responsibility
- Maintain and optimize financial controls within the IDS system, ensuring accurate revenue capture, cost allocation, reconciliation, and reporting across all hotel departments.
Compensation
- Pay: AED4,500.00 AED5,000.00 per month
Work Location
- Work Location: In person
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