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Area Director, Finance

Yas Plaza Hotels by Aldar HospitalityAbu Dhabi, UAE2 weeks agoExecutive
Executivefulltime

Skills

AreaDirectorFinance
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About This Role

About Us

Yas Plaza Hotels by Aldar Hospitality is a dynamic collection of six international hotels located in the heart of Yas Island, Abu Dhabi. This vibrant destination offers a seamless blend of relaxation, indulgence, and recreation, making it the ultimate gateway to the Yas Island experience.

About the Job

The Area Director of Finance is a strategic leadership role responsible for overseeing the financial performance and operations of BU within the self-operated Hospitality Portfolio of Aldar. Is a key business partner to the Managing Director, providing financial oversight, strategic guidance, and compliance assurance to ensure the successful execution of financial goals across all properties.

About You

Financial Leadership & Strategy:

  • Provide financial leadership and guidance to hotel Finance Directors/Controllers within the self-operated BU’s.
  • Serve as a financial advisor to the Managing Director and Corporate Finance, supporting long-term strategic planning and decision-making.
  • Drive financial performance through benchmarking, variance analysis, and continuous improvement initiatives.
  • Budgeting, Forecasting & Reporting:
  • Lead and coordinate the annual budgeting and forecasting processes for all hotels in the area.
  • Review and analyze monthly financial statements, identifying trends, risks, and opportunities.
  • Prepare consolidated area-level financial summaries and performance commentary for corporate stakeholders.
  • Monitor KPIs and ensure financial targets are met or exceeded.
  • Internal Controls & Compliance:
  • Ensure all BU maintain compliance with company policies, local regulations, tax requirements, and the Uniform System of Accounts for the Lodging Industry (USALI).
  • Oversee implementation and monitoring of internal controls to safeguard company assets.
  • Manage financial audits (internal and external), ensuring timely resolution of findings across properties.
  • Operational Support:
  • Collaborate with Operations, Sales, Revenue Management, and other departments to align financial objectives with operational strategies.
  • Support pre-opening budgeting and finance setting up for new hotels and renovations.
  • Provide financial analysis for capital investment proposals, contract evaluations, and operational changes.

Leadership & Development:

  • Lead and coordinate the annual budgeting and forecasting processes for all hotels in the area.
  • Review and analyze monthly financial statements, identifying trends, risks, and opportunities.
  • Prepare consolidated area-level financial summaries and performance commentary for corporate stakeholders.
  • Monitor KPIs and ensure financial targets are met or exceeded.

Internal Controls & Compliance :

  • Ensure all BU maintain compliance with company policies, local regulations, tax requirements, and the Uniform System of Accounts for the Lodging Industry (USALI).
  • Oversee implementation and monitoring of internal controls to safeguard company assets.
  • Manage financial audits (internal and external), ensuring timely resolution of findings across properties.

Operational Support:

  • Collaborate with Operations, Sales, Revenue Management, and other departments to align financial objectives with operational strategies.
  • Support pre-opening budgeting and finance setting up for new hotels and renovations.
  • Provide financial analysis for capital investment proposals, contract evaluations, and operational changes.

Leadership & Development :

  • Lead, mentor, and develop hotel finance teams across the area to ensure high performance and consistent standards.
  • Foster a culture of accountability, excellence, and ethical conduct in financial practices.
  • Facilitate ongoing training and career development for finance team member s.

Skills, Experience & Educational Requirements

  • Advanced degree in accounting, business, finance, or a related field.
  • Proven experience as director of finance or similar role
  • In-depth knowledge of corporate finance and accounting principles, laws, and best practices
  • Solid knowledge of financial analysis and forecasting
  • Proficient in the use of MS Office and financial management software
  • An analytical mind with a strategic ability
  • Excellent organizational and leadership skills

Shape Your Career with Yas Plaza Hotels by IHG

At Yas Plaza Hotels, our people are at the heart of everything we do. Against the vibrant backdrop of Yas Island, you will be part of an inspiring environment where innovation meets elegance, and every day brings an opportunity to create meaningful guest experiences. By joining our culture of excellence, your passion for hospitality helps craft unforgettable moments and sets new standards for refined hospitality.

Aldar Hospitality is an equal opportunity employer.

We celebrate all forms of diversity and remain committed to creating an inclusive and accessible environment for all applicants and employees. We will ensure that all candidates are provided reasonable accommodations to participate in the job application and interview process, be considered for a range of critical job functions and receive other benefits and privileges of employment ensuring equitable opportunities and accessibility for all. Please contact us to request accommodation. Your information will be treated confidentially

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