Director of Finance and Business Support

Michael Page


Ref: HP350-6661

Job description / Role

Employment: Full Time

The Director of Finance and Business Support manages the entire finance discipline: Ensures stringent controls and enforcement of all divisional policies, leads a highly precise organization and oversees the team to perform duties through subordinate supervisors, and is responsible for all and overall financial aspects of the hotel operation.

Client Details

Our client is a luxury hotel which is part of a diversified business conglomerate based in Kuwait, with subsidiaries operating across multiple sectors. They are currently seeking to hire a Director of Finance and Business Support to be a part of their team.


The Director of Finance and Business Support will be responsible for Managing the finance and operations in a professional and efficient manner

Core Responsibilities:

* Ensuring that the credit policy is adhered to in conjunction with the General Manager
* Analysing and controlling expenditures for each department and ensuring specific controls and policies are adhered to
* Analysing financial statistics to assist management in forward planning and policy formulation
* Screening and approving all expenditures prior to submission to the General Manager
* Maintaining accounting standards in accordance with established policy and procedures
* Ensuring that inter-company reconciliations have been completed and auctioned accordingly
* Reconciling all bank, asset, and liability accounts
* Ensuring all bank reconciliations are complete and current for all bank accounts
* Overseeing all contracts with suppliers in accordance with the financial terms and conditions (These contracts/agreements are to be properly reviewed and approved by the company's legal advisor and by the General Manager)
* Ensuring accurate reporting of all revenue centres and costs
* The monitoring and controlling of the hotel's cashiering and internal control procedures to secure and/or safeguard the company's assets
* Minimizing outstanding receivables
* Supervising Food & Beverage Control, Accounts Payable, General Cashier and Payroll
* Conducting month end financial presentations
* As a Senior Manager, you will carry out executive responsibilities in accordance with the organization's policies and as assigned to by the General Manager


* Preparing and managing the company's cash flow (weekly/monthly) to ensure that financial resources are utilized in the best possible manner
* Preparing the hotels financial statements for audit and publication
* Indirectly, weighing up and analysing the feasibility of all procedures and controls in relation to all financial issues


* Developing the hotel's information technology systems with a view to utilize the potential of such systems to the optimum
* Ensuring a backup of all software is taken on a regular basis (The backup is to be verified, tested, and properly stored)


* Developing the team
* Directing all related departments in terms of staffing, training, and performance evaluations

Job Offer

The successful candidate for this role will be offered a monthly competitive salary and a chance to work in a strong team. This is an exciting opportunity for a Finance professional to further progress their career with an established group.


Required Qualifications and Experience:

* Over 5 years in accounting/finance in a 5-star hotel set up
* GCC experience is a plus
* Bachelor's Degree in business and/or accounting

Behavioural Characteristics:

* Able to forward plan, analyze statistics and reports and deem necessary conclusions for implementation in financial planning
* Good interpersonal skills with guests, business partners and staff
* Experience with writing detailed financial reports and correspondence
* Must be articulate and have the ability to build and formulate various spreadsheets, budgets and forecasts, calculate figures, and amounts such as discounts, interest, ROI, depreciations, FF&E, commissions, proportions and percentages

About the Company

Michael Page is one of the world's leading professional recruitment consultancies, specializing in the placement of candidates in permanent, contract, temporary and interim positions with clients around the world.

The Group has operations in the UK, Continental Europe, Asia-Pacific and the Americas. In the Middle East we focus on the areas of:

Finance & Accounting Banking & Financial Services Procurement Property & Construction Engineering & Supply Chain Oil & Gas Technical and Engineering Human Resources Sales Marketing Technology Secretarial Executive Search Legal

The Group operates through 161 offices in 33 countries and employs over 5,000 employees worldwide.

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