Assistant Manager Finance

Roles and responsibilities

An opportunity has arisen for an Assistant Manager - Finance to join Finance in Wild Wadi Waterpark. The main duties and responsibilities of this role:

• Analysing monthly Profit & Loss Statement.
• To ensure all balance sheet accounts are reconciled monthly and does not have any unauthorised postings.
• Assisting Director of Finance in preparing the monthly Forecast, Balance Sheet and other monthly reports.
• To post all the journals required to allocate the expenses to correct cost centres as part of month end process for SBU Level.
• Assisting to Analyst for Regional review presentation.
• Prepare and update the results (quarterly basis) for the Finance Key Indicator Performance.
• Update the monthly actual figures in Hyperion and Financial Management System.
• Review and consolidated the results for the colleagues quarterly bonus, and service charges.
• Maintain and update trackers (contracts, insurance, accruals, CAPEX) where and when required.
• Time to time giving training to coordinators based on situation/requirements for P&L and ledger review.

About you:

The ideal candidate for this position will have the following experience and qualifications:

• Degree in Hotel Management, Accounting Degree or CIMA or Business Degree (Preferred).
• Preferably Commerce Graduate
• Minimum of 2 years of previous accounting experience
• Ability to forecast Business Performance
• Good analytical skills
• Advanced Excel Skills, Well Versed with Oracle, Hyperion, PMS & POS Systems will be advantage

About the Benefits:

We offer an attractive tax-free salary, paid in Dirhams (AED), the local currency of the UAE. In addition, we offer generous F&B benefits, reduced hotel rates across our properties globally, excellent leave and health care package, flights allowance, life insurance, functional incentives and other employee benefits making the role attractive to high performers and any applicant looking for a career with one of the most luxurious brands in the hospitality industry.

Desired candidate profile

1. Financial Reporting: Assisting in the preparation of financial statements, reports, and budgets, ensuring accuracy and compliance with accounting standards.

2. Budget Management: Supporting the budgeting process by analyzing budget variances, forecasting financial trends, and providing insights for decision-making.

3. Data Analysis: Analyzing financial data to identify trends, variances, and opportunities for cost savings or revenue enhancement.

4. Accounts Management: Overseeing accounts payable and receivable processes, ensuring timely and accurate processing of invoices and payments.

5. Compliance: Ensuring compliance with financial regulations, policies, and procedures, and assisting in audits as necessary.

6. Financial Planning: Contributing to financial planning activities, including scenario analysis and long-term financial forecasting.

7. Team Support: Collaborating with other finance team members and departments to facilitate financial processes and reporting.

8. Process Improvement: Identifying opportunities for improving financial processes and systems to enhance efficiency and accuracy.

9. Documentation: Maintaining thorough documentation of financial transactions and ensuring proper record-keeping.

10. Training and Development: Assisting in training and mentoring junior finance staff, sharing knowledge and best practices.

Key Skills

1. Financial Acumen: Strong understanding of financial principles, accounting standards, and practices.

2. Analytical Skills: Ability to analyze complex financial data and provide actionable insights.

3. Attention to Detail: Meticulous attention to detail to ensure accuracy in financial reporting and compliance.

4. Communication Skills: Strong verbal and written communication skills for presenting financial information to various stakeholders.

5. Software Proficiency: Proficiency in financial software and tools (e.g., Excel, accounting software) for data analysis and reporting.

Qualities

• Integrity: Upholding high ethical standards and ensuring transparency in financial practices.
• Dependability: Being reliable and accountable for financial reporting and tasks.
• Problem-Solving: Ability to think critically and resolve financial issues effectively.

Best Practices

1. Continuous Learning: Staying updated on financial regulations, industry trends, and best practices in finance.
2. Collaboration: Fostering strong relationships with other departments to enhance financial understanding and support decision-making.
3. Proactive Approach: Anticipating potential financial issues and addressing them proactively to minimize risk.