Assistant Director of Finance Luxury Hotel KAFD

Job Scope

Financial Management & Reporting

• Prepare monthly, quarterly and annual financial statements in accordance with USALI and company policies.
• Assist Director of Finance in analysing monthly profit and loss variances and taking corrective action where required.
• Oversee the timely preparation, accurate calculation, and submission of all direct and indirect taxes and statutory returns in compliance with applicable regulations.
• Prepare balance sheet reconciliations with appropriate supporting documentation, ensure timely resolution of open item and submit to Director of Finance for review.

Budget Management Support

• Support the development and monitoring of budgets, revenue projections, and expense controls in coordination with the Director of Finance and the finance team.

Financial Planning And Forecasting

• Contribute to financial planning processes, including strategic financial goal setting, analysis and forecasting.

Compliance And Audit Support

• Assist in ensuring compliance with financial regulations, accounting standards, and internal controls in all financial operations. Support financial audits, reviews, and regulatory filings by coordinating with auditors and internal teams.
• Provides support to the Director of Finance in conducting property self-assessments.
• Engagement with Internal / External Audit in calloboration with the DOF, ensuring timely support to auditors and closure of audit findings.

Contract Management

• Supports the Director of Finance in the process of executing, monitoring, and closing contracts.

Cash Flow Management Assistance

• Aid in cash flow management activities, liquidity planning, and capital allocation strategies to optimize financial resources.
• Owners relations:
• Ensures timely and accurate completion of all Owner reporting requirements.
• Represents the Director of Finance by attending Owner meetings in their absence.
• Technological and automation mindset:
• Proven experience in implementing and optimizing procurement and finance systems.
• Expert in COA mapping across multiple systems, including PMS and POS.

Team Collaboration And Leadership

• Collaborate with the finance team, department heads, and senior management to support financial initiatives and cross-functional projects.
• Provide guidance, mentorship, and support to finance staff members to foster a culture of excellence and continuous learning.