Director of Finance

Job description / Role

Job Description

Director of Finance

The Director of Finance will play a crucial role in steering the financial operations of Hawar Resort by Mantis, during its pre-opening phase. Responsible for establishing and overseeing a comprehensive financial structure that supports the resort's successful launch, including the development and implementation of financial strategies, budget management, and providing financial guidance to senior management for long-term sustainability. If you possess exceptional technical expertise, excellent leadership skills, and a passion for maintaining a world-class facility, we invite you to take on this pivotal role and shape the future of our esteemed establishment!

What is in it for you:

- Unleash the excitement: enticing rewards and unbeatable benefits are waiting for you!
- Ignite your skills with our cutting-edge Academies for rapid professional growth.
- Cultivate your talents and watch your career flourish, locally and globally.
- Drive change through impactful Corporate Social Responsibility activities.
- Immerse yourself in a vibrant work environment with extraordinary colleagues.
- Join us on a direct path to success as we skyrocket to new heights!

Key Responsibilities:

- Financial Planning and Strategy: Develop and implement comprehensive financial plans and strategies aligned with the resort's overall business objectives.
- Budgeting and Forecasting: Prepare detailed operating and capital budgets, accurately forecasting revenue and expenses. Monitor actual performance against budgets and identify areas for improvement.
- Financial Reporting and Analysis: Generate timely and accurate financial reports, providing insights into the resort's financial performance. Conduct financial analyses to identify trends, risks, and opportunities.
- Treasury Management: Manage the resort's cash flow, ensuring sufficient liquidity to meet financial obligations. Optimize banking relationships and negotiate favourable terms.
- Internal Control and Compliance: Establish and maintain robust internal controls to safeguard assets and prevent fraud. Ensure compliance with all applicable financial regulations and reporting requirements.
- Financial Team Leadership: Lead and manage the finance team, providing guidance, training, and performance management. Foster a collaborative and results-oriented work environment.
- Pre-Opening Preparation: Oversee financial aspects of the resort's pre-opening phase, including vendor negotiations, asset acquisitions, and initial staffing.
- Financial Guidance and Reporting: Provide financial guidance to senior management, and prepare regular financial reports for stakeholders.

Requirements

Qualifications

- Education: A Bachelor's Degree in Finance, Accounting, or a relevant discipline from a reputable university is essential.
- Experience: A minimum of 5 years of extensive experience as a Director of Finance or in a similar role within the hospitality industry is required. Highly desirable qualifications include a proven track record of success in financial management within the luxury resort segment and pre-opening experience in the GCC region.
- Communication: Excellent presentation and communication skills, both written and verbal, are essential for conveying financial information clearly.
- Systems: Proficiency in financial software and tools, such as financial modelling, budgeting, and reporting software, is required.
- Leadership: The ability to lead, motivate, and develop a high-performing finance team is paramount.
- Financial Compliance: Knowledge of financial regulations and accounting standards in the hospitality industry is essential. A comprehensive understanding of financial regulations and accounting practices is required.

About the Company

A caring employer providing respect, training and career development for our employees. An attractive employer offering more than 100 professions across the 5 continents.

We are much more than a world leader. We are 250,000 hoteliers with the same shared passion for welcoming. We take care of millions of guests in our 4,300 addresses and on our digital platforms. As an operator and franchisor (HotelServices), owner and investor (HotelInvest), we invest all our energy into making "Feel Welcome" resonate as the finest hotel promise.

From luxury to economy and in every corner of the globe, AccorHotels'​ more than 20 brands meet all the needs of business and leisure travelers seeking comfort, attention and high-quality services.