Financial Controller
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Key skills for this role
About the Role
Kempinski Hotel in Doha seeks a Financial Controller to oversee all financial operations, ensure fiscal discipline, and provide strategic financial leadership. The role includes financial reporting, internal controls, cash flow management, and team leadership.
Key Skills for This Role
Responsibilities
- Prepare and analyze monthly, quarterly, and annual financial statements (P&L, Balance Sheet, Cash Flow)
- Provide accurate financial forecasts and lead the annual budgeting process
- Analyze variances between actual results and budgeted/forecasted figures
- Ensure compliance with USALI
- Establish, monitor, and enforce robust internal control policies and procedures
- Oversee all audit functions including internal, external, and government audits
- Ensure compliance with local, state, and federal tax regulations and licensing laws
- Manage and optimize cash flow, working capital, and capital expenditure (CapEx)
- Supervise daily operations of accounting department (AP, AR, Income Audit, Night Audit, Payroll)
- Collaborate with Purchasing and F&B departments to manage inventory controls and food/beverage costing
- Lead, mentor, and develop the hotel finance and accounting team
- Act as strategic business partner to General Manager and Department Heads
Requirements
- Experience as Financial Controller in a hotel or hospitality environment
- Knowledge of USALI (Uniform System of Accounts for the Lodging Industry)
- Strong financial reporting and analysis skills
- Experience with internal controls and audit
- Knowledge of local tax regulations and financial legislation
- Leadership and team management skills
Full Job Posting
Role Overview
- The Financial Controller is the financial backbone of the hotel, overseeing all financial operations and ensuring fiscal discipline.
- Works closely with General Manager and corporate leadership to safeguard assets, optimize profitability, and ensure compliance.
Financial Reporting & Analysis
- Prepare and analyze monthly, quarterly, and annual financial statements (P&L, Balance Sheet, Cash Flow).
- Provide accurate financial forecasts and lead annual budgeting process.
- Analyze variances between actual results and budgeted/forecasted figures.
- Ensure compliance with USALI.
Internal Controls & Compliance
- Establish, monitor, and enforce robust internal control policies and procedures.
- Oversee all audit functions including internal, external, and government audits.
- Ensure compliance with local, state, and federal tax regulations and licensing laws.
Operational & Cash Flow Management
- Manage and optimize cash flow, working capital, and CapEx investments.
- Supervise daily operations of accounting department (AP, AR, Income Audit, Night Audit, Payroll).
- Collaborate with Purchasing and F&B departments to manage inventory controls and food/beverage costing.
Team Leadership & Stakeholder Collaboration
- Lead, mentor, and develop the hotel finance and accounting team.
- Act as strategic business partner to General Manager and Department Heads.
- Present financial performance reports to hotel owners, investors, and corporate executives.
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