Job Description
II. MAIN DUTIES AND RESPONSIBILITIES
- Prepare and interpret the financial statements and reports of the hotel.
- To audit the accounts, records, and transactions of the hotel, by ongoing efforts to streamline internal control procedures.
- To implement all necessary controls in order to safeguard the assets of the hotel and to maintain records for the fixed assets, operating equipment, supplies, and inventories.
- To assist together with the Hotel Manager with all budgets and forecasts covering activities of the hotel and maintaining all budget control procedures.
- To understand Al Khoory Hotels’ tax obligation (Dubai Municipality, Dubai Tourism) using the assistance of locally appointed auditors of tax reports.
- To liaise with both internal and external auditors.
- Coordinate with Financial Controller and hotel insurance matters in conjunction with the locally appointed agent.
- To manage the staffing of the accounting department. Liaising closely with the Group HR for approvals.
- To maximize productivity and morale by setting goals, providing clear guidelines, and developing team spirit.
- Review and approve monthly payroll before it is submitted to Finance Controller.
- To oversee the administration of credit and collection procedures.
- To oversee that supporting accounting records of the hotel are complete as per the company’s policies and procedures.
- Ensure that the physical inventories of all supplies are being taken on a monthly basis and of all operating equipment on a quarterly basis.
- Keep on track with AMC’s schedule and inform the department head of their renewals.
- Preparation of prepayments and accrual schedules.
- Performs and conducts performance evaluations of all the staff in the Finance Department.
III. JOB ACCOUNTABILITIES
- Accountable to ensure that all terms and conditions of the management agreement are adhered to.
- Accountable for the monitoring and implementation of proper procedures and controls of purchasing, receiving, storing, and requisitioning functions. i.e. materials management functions.
- Accountable for the administration and control of cash management on daily basis ensuring cash is deposited in the banks the following day.
- Accountable for the implementation of local accounting procedures to ensure compliance with local government regulations.
- To keep and safeguarded all contracts (leases, insurance policies, licenses, and all legal and financial documents).
- On-time payments for all government-related and supplier payments (depending on the credit period)
- Adherence to Al Khoory Hotels tax obligation (Dubai Municipality, Dubai Tourism).
- Preparation of monthly VAT Returns.
- IV. KEY PERFORMANCE INDICATORS (KPIs)
- Preparation and submission of Financial Statements/Reports to the Corporate Office and Head Office within 05 working days of every month.
- Daily cash control management (deposited in the bank)
V. COMMUNICATION & WORKING RELATIONSHIPS
External :
Banks
Suppliers
External Auditors
Clients
Internal :
Heads of the Departments
Hotel Managers
Financial Controller
Internal Auditors
Related Jobs
-
Assistant Financial Controller
- @ Addify
- Abu Dhabi, United Arab Emirates
- Accounts and Finance
-
Senior Accountant
- @ Addify
- Dubai, United Arab Emirates
- Accounts and Finance
-
Finance Administrator
- @ Addify
- Dubai, United Arab Emirates
- Accounts and Finance
-
Accountant
- @ Addify
- Dubai, United Arab Emirates
- Accounts and Finance
-
Manager Financial Planning and Analysis
- @ Addify
- Dubai, United Arab Emirates
- Accounts and Finance