Financial Accountant

Job Description

Priority consideration when applying A fast-track interview & selection process and, upon successful rehire, a tailored colleague orientation experience Access to MO Talks and priority registration to live webinars with industry experts and featured Forever Fans A Knowledge Portal featuring ongoing relevant learning content and development guidance

Financial Accountant

Position: Financial Accountant (Full time #537471 )
Property / Office: Emirates Palace, Abu Dhabi
Location: Abu Dhabi, United Arab Emirates

Main Responsibilities:

Assist the Director of Finance / AFC/ Chief Accountant in preparation of monthly / half yearly & Annual Financial Reporting & its analysis. Assist the AFC/ Chief Accountant in preparation and compilation of statistical reports as per requirements. To be involved in budgeting, pricing, revenue forecast, monitoring of expenditure and payroll accounting. Supervise accounting staff for work allocation and job completion. Relevant and timely response to corporate Accounting. Setting up and monitoring of efficient MIS for operating department. All variances and deviations from budgets, laid down policies and systems are highlighted, and appropriate recommendations are made, knowledgeable of hotel accounting and procedures. Ensure that well laid down systems are in existence and operational for cash, inventory and fixed assets. Monitoring of contracts and agreements. To set guidelines and deadlines dates for each employee’s daily/ monthly work. To conduct and supervise checks of General Cashier’s float & other Hotel Floats & report discrepancies to Director of Finance. Provide courteous and professional service at all times. Carry out any other responsibilities and duties as assigned To assist the Director of Finance in compiling budgets and forecasts and: to aid Heads of Departments by providing historical data or support. To assist in preparation of special statistical reports which may be required by local Management or the Area Office. To be fully acquainted with the Hotel accounting system, its policies and procedures. To be thoroughly familiar with the duties and responsibilities of all the accounting employees under his supervision. To set guidelines and deadlines dates for each employee's monthly work in order to ensure timely financial reporting. To launch and control surprise counts (at least once a month) of the General Cashier's float, petty cash and other major impress funds and to report differences To maintain the General Ledger without any errors and ensure all accounts are duly reconciled. To prepare GL recons and Balance Sheet schedules on a monthly basis and circulate for sign off. To instruct employees on the correct standards and procedures and to handle their problems regarding their daily work. To ensure that the relevant support to all day's transactions is complete and have been verified.

Requirements:

Degree or Higher National Diploma in Accounting/Finance. Extensive previous experience in the same role is preferred. International work experience in at least two of the following regions: Asia, Europe, North America, and preferably the Middle East. Good communication skills, team work.
Advertised: 01 May 2024 Arabian Standard Time
Applications close: 31 May 2024 Arabian Standard Time
Abu Dhabi, United Arab Emirates 31 May 2024 The scope of the Financial Accountant position in the hotel industry encompasses financial management, internal controls, compliance, General Ledger maintenance, scrutiny and reconciliation. She/he plays a critical role in ensuring financial stability, optimizing resources, and driving the hotel's financial success. Emirates Palace, Abu Dhabi 31 May 2024 The scope of the Financial Accountant position in the hotel industry encompasses financial management, internal controls, compliance, General Ledger maintenance, scrutiny and reconciliation. She/he plays a critical role in ensuring financial stability, optimizing resources, and driving the hotel's financial success.