Finance Supervisor

Posted Date 1 month ago(22/11/2024 13:52)
Job ID
2024-5874
Department
TFG Hospitality
Job Location
Citadines Metro Central

Overview

Over the past two decades, The First Group has forged a reputation as one of the hospitality industry’s leading innovators, providing groundbreaking investment opportunities to clients and partners, while delivering exceptional, memorable experiences to hotel and leisure guests.

 

Our corporate ethos and unique vision for the future of hospitality is encapsulated in our fast-growing portfolio of award-winning hotels and residences, exciting F&B outlets and lifestyle venues, and delivered through our array of complementary third-party hotel and asset management services.

 

Core to our vision for the future of hospitality is The First Collection, our award-winning hotel brand that reflects the rich culture, innovative spirit, and unparalleled refinement for which Dubai is famous for.

 

The First Collection’s urban lifestyle resorts, situated in prime locations across Dubai, are renowned for their unique blend of world-class hospitality and modern flair, as well as their cutting-edge guest facilities and services, which include exclusive access to the stunning Soluna Restaurants and Beach Club, located on the world-famous Palm Jumeirah.

 

Every hotel in our fast-growing portfolio reflects our ambition to capture the essence of urban living, blending it seamlessly with the tranquillity of a serene getaway.

 

The First Collection echoes the city’s heartbeat, ensuring all our guests are made to feel a part of the magnificent tapestry of Dubai, the world’s most exciting metropolis.

Job Description

The Finance Supervisor is responsible for overseeing the daily financial operations of the hotel. They ensure accurate financial reporting, compliance with company policies, and assist in maintaining the financial health of the property. This role requires strong analytical skills, attention to detail, and a thorough understanding of hotel operations.

 

Key Responsibilities

  • Prepare daily, weekly, and monthly financial reports for management.
  • Assist in the preparation of the hotel's annual budget and forecasts.
  • Reconcile financial discrepancies by collecting and analysing account information.
  • Oversee invoice processing, payments, and vendor reconciliation.
  • Monitor customer accounts and ensure timely collection of receivables.
  • Maintain accurate and up-to-date billing systems.
  • Coordinate with HR and ensure accurate payroll processing.
  • Maintain payroll records and resolve payroll-related queries.
  • Ensure compliance with financial regulations, company policies, and internal controls.
  • Assist in internal and external audits by providing necessary documentation.
  • Monitor daily cash flow and bank reconciliations.
  • Prepare cash flow forecasts and manage cash reserves.
  • Supervise and train junior finance staff, including accounts clerks.
  • Delegate tasks effectively and ensure accuracy in the team’s work.
  • Work closely with other departments (e.g., Front Office, F&B, Procurement) to manage financial transactions and ensure smooth operations.
  • Assist department heads in understanding their budgets and controlling costs.

Desired Skill & Expertise

  • Bachelor’s degree in accounting, Finance, or related field (CPA or CMA is a plus).
  • Minimum of 3–5 years of experience in hotel finance or accounting roles.
  • Proficiency in hotel accounting systems (e.g., Opera, Sun Systems, or other PMS/ERP software).
  • Strong knowledge of financial regulations and reporting standards.
  • Excellent analytical, problem-solving, and organizational skills.
  • Leadership abilities and experience managing a team.
  • Advanced knowledge of Microsoft Excel and financial software.
  • Strong communication and interpersonal skills.
  • Attention to detail and accuracy.
  • High level of integrity and professionalism.
  • Ability to work under pressure and meet deadlines.
  • Strong business acumen with a focus on cost control and profitability.

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