Financial Controller
Radisson Hotel Group
وصف الوظيفة
Role Overview
Financial Controller at Radisson Blu Hotel Ajman, Radisson Hotel Group. The role leads and oversees the financial operations of the hotel, ensuring accurate financial reporting, strong internal controls, effective budgeting and forecasting, and compliance with company policies and UAE statutory requirements.
Company Overview
Radisson Hotel Group is one of the world's largest hotel groups with ten distinctive hotel brands and 1,400+ hotels in operation and under development in 95+ countries. The Group's overarching brand promise is Every Moment Matters with a signature Yes I Can! service ethos. The organization cherishes entrepreneurial spirit and collaborative nature, fostering an inclusive and supportive culture.
Role Purpose
To lead and oversee the hotel's financial operations by ensuring accurate and timely financial reporting, maintaining strong internal controls, managing budgeting and forecasting processes, and ensuring compliance with company policies and UAE statutory requirements. The role partners closely with the General Manager and department heads to drive financial performance and operational efficiency.
Key Responsibilities
Financial Management & Reporting
- Oversee the day-to-day financial operations of the hotel.
- Ensure accurate and timely preparation of monthly, quarterly, and annual financial reports.
- Review financial statements, management reports, and financial analysis.
- Monitor hotel revenue, expenses, profitability, and cash flow.
- Provide financial insights and recommendations to management to support business decisions.
- Ensure proper accounting of revenue, receivables, payables, payroll, fixed assets, and general ledger transactions.
Budgeting & Forecasting
- Lead the preparation of the annual hotel budget in coordination with the General Manager and department heads.
- Prepare periodic forecasts and monitor actual performance against budget.
- Analyze variances and recommend corrective actions.
- Support the management team in developing financial strategies and cost-saving initiatives.
Internal Controls & Compliance
- Establish and maintain effective financial controls and procedures.
- Ensure compliance with company policies, accounting standards, and UAE laws and regulations.
- Monitor cash handling, banking transactions, purchasing, inventory, and payment processes.
- Ensure proper authorization and documentation of financial transactions.
- Identify financial risks and implement appropriate control measures.
Hotel Revenue & Cost Control
- Oversee daily revenue audit and ensure all hotel revenue is properly recorded.
- Monitor food and beverage costs, payroll costs, operating expenses, and other departmental expenses.
- Review inventory controls and conduct regular checks of stock and consumption.
- Work closely with Operations and Procurement to improve cost efficiency.
- Monitor accounts receivable and ensure timely collection of outstanding balances.
Audit & Tax
- Coordinate internal and external audits and ensure timely submission of required documentation.
- Liaise with auditors, banks, insurance providers, and other financial institutions when required.
- Ensure compliance with UAE VAT requirements and other applicable statutory obligations.
- Maintain proper financial records and supporting documentation.
Leadership & Team Management
- Lead, supervise, and develop the Finance team.
- Establish clear objectives and performance standards for Finance colleagues.
- Provide coaching and training to improve team capability and productivity.
- Promote a strong culture of accountability, accuracy, confidentiality, and financial control.
Business Partnership
- Work closely with the General Manager to improve hotel profitability.
- Provide financial guidance to department heads and operational leaders.
- Participate in commercial and operational decision-making.
- Identify opportunities to increase revenue, reduce costs, and improve overall financial performance.
Qualifications & Experience
- Bachelor's degree in Accounting, Finance, or a related field.
- Professional accounting qualification such as CPA, ACCA, CMA, or equivalent is preferred.
- Minimum 5–8 years of relevant finance and accounting experience, preferably within the hotel or hospitality industry.
- Previous experience in a Financial Controller, Assistant Financial Controller, or Finance Manager role in a hotel is highly preferred.
- Strong knowledge of hotel accounting, budgeting, forecasting, and cost control.
- Good knowledge of UAE VAT and applicable financial regulations.
Skills & Competencies
- Strong analytical, organizational, and problem-solving skills.
- Excellent command of written and spoken English.
- Proficiency in Microsoft Excel and financial and accounting systems.
- Experience with hotel PMS, POS, and accounting systems is an advantage.
Additional Information
Radisson Hotel Group invests in employee growth, learning, and career development. The organization is committed to equal opportunities and an inclusive work environment. The workplace is inclusive, celebrates diversity, and fosters a sense of belonging through Employee Resource Groups and inclusion initiatives. Applications from people with severe disabilities or equivalent status are expressly encouraged.