An opportunity has arisen for Director of Finance to join our Finance team. The main duties and responsibilities of this role include:

Financial and Management Accounting Responsibilities:

• The main responsibilities are managing the accounting records, financial reports and oversee the issuance of SBUs financial reporting.
• To ensure that the books, records and accounts are maintained accurately and fairly reflect the transactions and administration of the assets of the hotel.
• Ensure general ledger posting are in compliance with uniformed system of accounting for lodging industry.
• Establish a strong cash management controls, prepare monthly cash flow forecast, and recommend actions accordingly.
• Manage cash requirement and coordinate with Corporate on the funds.
• Ensure all balance sheet accounts are fully reconciled on a monthly basis and discrepancies are immediately identified and corrected.
• Review and approve balance sheet reconciliation on a quarterly basis.
• To oversee the Finance and Accounting department in the hotel, and ensure its smooth running so that all financial and management reports are accurate and available by their due dates.
• Establish and recommend to management major financial objectives for hotel.
• Direct preparation of annual budgets and monthly forecasts; establish and/or recommend to management major economic objectives and policies for hotel.
• Draft and maintain accurate yearly financial statements, in accordance with International Financial Reporting Standards.
• Generate and discuss with relevant parties special operation analysis reports with a strategic objective of minimizing the variance: performance versus budget and versus prior year, flow through analysis, outlet menu engineering, profit margin analysis, manning structure and payroll cost, etc..
• Ensure all capital purchases/ disposals are in accordance with policies and procedures and to review all management and depreciation reports.

[read more in the attachement]

About you

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

• In order to be considered for this role, you will have a Bachelor's degree in Commerce / Business/Accounting or Professional accreditation e.g. ACA, ACCA, CPA, CIMA, CMA.
• Minimum of 4 years' experience in a similar role in a 5* luxury brands.
• Previous experience in the Maldives is a plus.
• Proficiency in computer software systems such as MS Office and knowledge of Opera, Micros, Sun, Oracle, and Hyperion is essential and excellent communication skills in written and spoken English.

About the Benefits:
We offer excellent package and 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.

Please send your updated CV to [email protected]

Closing Date: 15th March 2022