Director of Finance

Key Responsibilities

• Lead the hotel’s finance and accounting department, acting as a strategic advisor to the General Manager and Executive Committee.
• Serve as the primary financial liaison to hotel owners/representatives, ensuring compliance with the terms of the Hotel Management Agreement.
• Identify new business opportunities, revenue optimizations, and cost-containment strategies to maximize Gross Operating Profit (GOP).

• Ensure the accurate and timely preparation of monthly, quarterly, and annual financial statements as per Kempinski guidelines.
• Conduct monthly P&L reviews with operational department heads, analyzing financial variances and recommending corrective actions.
• Submit quarterly self-assessments and corporate financial packages as required by regional leadership.

• Partner with the General Manager to develop the hotel’s annual operating budget, business plan, and Capital Expenditure (CapEx) plan.
• Drive rolling revenue and expense forecasts, maintaining high accuracy.
• Oversee cash management, liquidity, bank reconciliations, and working capital optimisation.

• Design, enforce, and maintain robust internal financial control environments to protect assets and eliminate fraud risks.
• Serve as the main point of contact for internal and external auditors, implementing recommendations efficiently.
• Ensure strict compliance with local laws, corporate insurance policies, labor laws, licenses, and tax obligations.

• Supervise purchasing, store operations, credit management, accounts receivable, and payroll functions.
• Safeguard all hotel contracts, lease agreements, operational licenses, and legal documents.
• Track capital expenditure spending against approved CapEx budgets.

Skills, Knowledge & Expertise

• Education: Bachelor’s degree in Finance, Accounting, or Business Administration or MBA (Finance) is strongly preferred.
• Experience: Minimum 3–5 years of experience as a Director of Finance (or senior Assistant Director of Finance ready to step up) within a 5-star international luxury hotel chain.
• Languages: Fluency in English (written & spoken) is mandatory. Arabic is a strong advantage.
• Competencies: Strong strategic thinker, ethical, persuasive communicator, analytical, and comfortable presenting directly to owners and board members.
  Technical Skills:
• Proficiency in hotel accounting software (e.g., Opera PMS, SunSystems, Material Control/FBM, Oracle).
• Advanced Excel skills and familiarity with local GCC tax regulations

Benefits