Finance Manager - Hotel Franchised

About Grand Mercure Business Bay

Job Purpose

Key Responsibilities

• Oversee the preparation and analysis of monthly financial statements, P&L, and Balance Sheet in accordance with Accor and local regulatory standards.
• Lead the annual budgeting and quarterly forecasting processes, providing strategic input to department heads.
• Conduct monthly variance analysis (Actuals vs. Budget/Forecast) and advise management on corrective actions to improve margins.
• Provide financial modeling and feasibility analysis for potential revenue streams, capex projects, and operational changes.
• Implement and maintain a robust internal control environment (SOX/Accor internal audit standards) to prevent leakage and fraud.
• Oversee the Cost Controller to manage F&B costs, inventory levels, and purchasing procedures.
• Review and approve all operational expenditures, ensuring alignment with budgetary constraints and ROI expectations.
• Manage cash flow, banking relationships, and treasury functions to optimize working capital.
• Ensure full compliance with UAE Federal Tax Authority regulations (VAT filing), Dubai Municipality fees, and Tourism Dirham collection.
• Liaise with external auditors, tax consultants, and government authorities to ensure timely submission of returns and statutory reports.
• Ensure compliance with Accor’s financial policies, internal audits, and legal requirements (Labor Law, Civil Code).
• Partner with the Director of Sales & Marketing to analyze revenue performance, channel costs, and pricing strategies.
• Oversee the credit control function to minimize bad debt and ensure timely collection of receivables (OTA commissions, corporate accounts, City Ledger).
• Monitor payroll efficiency and productivity metrics in collaboration with the HR department.
• Recruit, train, and mentor the finance team (Accountants, Payroll Master, Cost Controller, Storekeepers).
• Conduct performance reviews and identify training needs to build a high-performing finance department.
• Foster a culture of financial awareness among non-finance department heads.
• Oversee Accounts Payable, Accounts Receivable, Income Audit, General Cashier, and Payroll functions.
• Minimum 3–5 years of experience as a Finance Manager or Assistant Finance Manager within the UAE hospitality industry (Hotel experience is mandatory).
• Previous experience with Accor brands (Mercure, Novotel, Pullman, etc.) is a distinct advantage.
• Bachelor’s degree in Accounting, Finance, or Economics. Professional certification (CA, CPA, ACCA, or CMA) is highly preferred.
• Proficiency in SunSystems , Opera Cloud, and Microsoft Excel. Experience with Accor-specific reporting tools is a plus.
• Strong understanding of UAE VAT laws, Corporate Tax, Tourism Dirham regulations, and local labor laws regarding payroll.
• Ability to interpret complex data and translate it into actionable business strategy.
• Unwavering commitment to ethics and transparency.
• Ability to manage diverse teams and influence senior stakeholders.
• Ability to meet strict corporate and statutory deadlines (e.g., Month-end close, VAT filing).
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Requirements

• Minimum 3–5 years of experience as a Finance Manager or Assistant Finance Manager within the UAE hospitality industry (Hotel experience is mandatory).
• Previous experience with Accor brands (Mercure, Novotel, Pullman, etc.) is a distinct advantage.
• Bachelor’s degree in Accounting, Finance, or Economics. Professional certification (CA, CPA, ACCA, or CMA) is highly preferred.
• Proficiency in SunSystems , Opera Cloud, and Microsoft Excel. Experience with Accor-specific reporting tools is a plus.
• Strong understanding of UAE VAT laws, Corporate Tax, Tourism Dirham regulations, and local labor laws regarding payroll.
• Ability to interpret complex data and translate it into actionable business strategy.
• Unwavering commitment to ethics and transparency.
• Ability to manage diverse teams and influence senior stakeholders.
• Ability to meet strict corporate and statutory deadlines (e.g., Month-end close, VAT filing).