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Financial Controller

Citymax Hotels (I) Pvt. Ltd.

Posted on July 4, 2018

7 - 10 years Dubai - United Arab Emirates

Chartered Accountant(Chartered Accountant), Any Graduation. Any Nationality

Opening 01

Job Description

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PRIMARY OBJECTIVE OF POSITION
The Financial Controller is responsible for all hotel accounting and financial controls under the supervision of the HOF, within the policies and procedures as outlined, according to Corporate policies and procedures, and according to local requirements and regulations. In addition, the job incumbent controls the overall hotel costs by managing the purchasing function. The function should be proactive, analyzing, and recommending alternative action in every respect, and operate in line with hotel and corporate policies and guidelines, and the hotels business plan.
TASKS, DUTIES AND RESPONSIBILITIES
RESPONSIBLE FOR ACCOUNTING, PROCUREMENT AND FINANCIAL CONTROL
Maximizes cash flow performance of the hotel through controls on inventory, credit and collection, disbursements, deposits and remittances
Act as hotels credit manager
Preparation, maintenance and management of Budgets for all operating hotels
Responsible for MIS and Reporting with a thorough and detailed analysis of variances against budgets for all operating hotels
Timely presentation of final accounts on a monthly basis as per internal guidelines and timelines
Enforces, documents and establishes adequate controls for all revenues and expenses and protection of assets, and ensures controls will satisfy or improve the level of guest service
Maintains accurate and timely financial and operating information and provides analyzes, interpretations and projections to management as required
Conducts monthly inspections and tests to ensure all departments are complying with required procedures
Performs duties as required by HOF in respect of controls
Follows up on all capital expenditures to ensure compliance with original justification and approval
Assists and provides financial guidance in the formulation and implementation of the business plan, hotel and departmental budgets, and objectives programme, and manage relevant budgets appropriately
Provides proactive administrative support to management with reference to policy enforcement, business advice and operational assistance
Obtains appropriate legal counsel regarding the business practices of the hotel, and maintains awareness of local rules, laws and regulations
Reviews prices and recommends changes to the HOF
Implements and maintains acceptable accounting practices and procedures as required by corporate policies and procedures, generally accepted accounting practices, and those affected by local conditions
Participates in locally recognized professional and industry organizations in order to extend personal development and general awareness within the profession
Maintains professional, proactive and technical competence in own field
Provides safekeeping, including proper storage and access for all contracts, leases and other financial records
Recommends and maintains appropriate list of delegation of authority for hotel management
Performs related duties and special projects as assigned and required
Handle internal and external auditsEnsure governance and adherence to internal polices and processes
DIRECT AND MANAGE RECEIVING AND STOREROOM FUNCTIONS
Handle hotel procurement requirements with a proper balance of cost, quality and timelines
Directs and manages the purchasing and storeroom functions with its employees
Utilises leadership skills and motivation to maximise employee productivity and satisfaction
Monitors hotels overall service and team work daily, and makes recommendations for improvement to Department Heads
Selects and develops strategies to improve guest service and efficiency


Hotels / Hospitality

Finance / Treasury

Desired Candidate Profile


Education-
UG: Any Graduate - Any Specialization
PG: CA
Doctorate: Doctorate Not Required

Keywords

Auditing Cash flow Procurement Final accounts Administration Operations Formulation Medical insurance Hotel management Maintenance management

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Citymax Hotels (I) Pvt. Ltd.


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