Finance Manager The Arts Club Dubai

WHAT WILL YOU DO

Your main duties and responsibilities are:

Financial Reporting & Analysis

• Prepare, review, and analyze monthly financial statements in compliance with hospitality accounting standards.
• Ensure timely month-end closing activities, reconciliations, and variance analysis.
• Present financial performance to senior management, highlighting risks, opportunities, and key trends.

Budgeting & Forecasting

• Lead the annual budget development for the property/organization.
• Prepare accurate rolling forecasts (weekly, monthly, quarterly).
• Collaborate with department heads to ensure alignment with operational goals.

Cash Flow & Working Capital Management

• Monitor daily cash flow operations and ensure liquidity for operational needs.
• Oversee accounts receivable, accounts payable, credit policies, and billing activities.
• Optimize working capital and develop strategies for cost savings.

Internal Controls & Compliance

• Maintain strong internal control systems and ensure adherence to company policies.
• Ensure compliance with local regulations, tax laws, and audit requirements.
• Coordinate with internal and external auditors.

Systems & Process Management

• Oversee the finance systems
• Drive process improvements and automation to enhance accuracy and efficiency.
• Ensure proper integration of operational systems with finance/reporting tools.

Team Leadership

• Supervise and develop the finance team (Accountants, AR/AP, Cost Controller).
• Provide training on financial policies and hospitality accounting standards.
• Foster a culture of accuracy, accountability, and continuous improvement.
• Prepare, review, and analyze monthly financial statements in compliance with hospitality accounting standards.
• Ensure timely month-end closing activities, reconciliations, and variance analysis.
• Present financial performance to senior management, highlighting risks, opportunities, and key trends.

WHAT WE ARE LOOKING FOR

The successful candidate will have the following experience and skills:

Education & Experience

• Bachelor s degree in Accounting, Finance, or related field (MBA or CPA preferred).
• Minimum 5 7 years of finance experience, ideally in hotels, resorts, or F&B groups.

Skills & Competencies

• Excellent analytical and financial modeling skills.
• Advanced Microsoft Excel skills.
• High attention to detail and strong organizational skills.
• Leadership and team management capabilities.
• Strong communication and stakeholder management.

Key Performance Indicators

• Accuracy and timeliness of financial reporting
• Budget vs. actual performance
• Cost control (food cost, labor cost, overheads)
• Cash flow optimization
• Internal audit rating
• Team performance and development