Senior Director – Finance Regional Operations

at Jumeirah Group & Corporate
Published May 30, 2024
Location Dubai, United Arab Emirates
Category Chefs / F&B / Housekeeping / Hospitality  
Job Type Full-time  
Responsibilities Conduct regional team business budget reviews and establish guidelines, plans and targets. Evaluate operational decisions with financial outcomes by reviewing investment spending versus the return and projections. Evaluate compliance per company finance directives. Ensure that the SBUs comply with all company governance requirements and government laws and regulations. Actively engages with Owners and Owner’s representatives in the region and discusses all matters related to the business unit. Work closely with Owners / Corporate colleagues and hotel teams on preopening budgets and timely delivery of preopening / transition activities  Monitor preopening activities to ensure that the hotels are opening within budget and have clear visibility of working capital requirements and initial trading performance forecasts. Work closely with corporate/regional teams from other functions and provide financial and business advice and recommendations. Coordinate with corporate Finance on all finance directives and recommend operations controls where needed. Prepare and analyse special purpose reports to outline important financial trends in the areas of income, expense, earnings, and asset controls. Monitor preopening activities to ensure that the hotels are opening within budget and have clear visibility of working capital requirements and initial trading performance forecasts. Support effective financial planning and management to ensure the organization's financial health and sustainability.
Industry Hospitality

Description

JOB DESCRIPTION

 

For more than two decades, Jumeirah Group, a member of Dubai Holding, has been making a distinct mark on the global hospitality market with its unwavering Stay Different™ brand promise.

About Jumeirah & the HotelIts award-winning destinations, including the iconic Burj Al Arab Jumeirah, position service beyond expectations, signature dining experiences and artful surroundings at the heart of every guest experience.

Today, Jumeirah operates a world-class portfolio of 26 properties across the Middle East, Europe and Asia, and employs over 9,000 colleagues, representing over 120 nationalities.

The Group’s portfolio also includes Jumeirah Restaurants, a Dubai-based full-service hospitality provider with 85 acclaimed food and beverage brands, ranging from casual dining venues to Michelin starred fine dining concepts; the award-winning Talise Spa brand, offering holistic wellbeing and spa experiences tailored to individual guest needs; J Club, Dubai’s leading lifestyle and wellness destination; Jumeirah One, the Group’s dedicated recognition and rewards programme; and The Emirates Academy of Hospitality Management, the region’s only fully accredited third-level academic institution delivering specialised degree programmes in hospitality management.

As Jumeirah continues to expand its global portfolio and scale up its operations to the next level of growth, we remain fully committed to developing and empowering our colleagues to excel in world-class environments.

Jumeirah is committed to embedding equality, diversity and inclusion in all its practices, embracing a culture that celebrates diversity.

 

 

An exciting opportunity has arisen for a Senior Director of Finance Regional Operations to join our Corporate Finance team in Dubai. The job purpose of the Senior Director of Finance Regional Operations is to oversee the financial performance of a cluster of hotels in Europe and the Middle East. The role is responsible for analysing and recommending financial strategies in the region to improve property financial performance. This position works closely with the regional team and provides recommendations based on analysis and trends of current and future operations, including corporate compliance and governance.

About the JobKey Responsibilities:

  • Conduct regional team business budget reviews and establish guidelines, plans and targets.
  • Evaluate operational decisions with financial outcomes by reviewing investment spending versus the return and projections.
  • Evaluate compliance per company finance directives.
  • Ensure that the SBUs comply with all company governance requirements and government laws and regulations.
  • Actively engages with Owners and Owner’s representatives in the region and discusses all matters related to the business unit.
  • Work closely with Owners / Corporate colleagues and hotel teams on preopening budgets and timely delivery of preopening / transition activities
  • Monitor preopening activities to ensure that the hotels are opening within budget and have clear visibility of working capital requirements and initial trading performance forecasts.
  • Work closely with corporate/regional teams from other functions and provide financial and business advice and recommendations.
  • Coordinate with corporate Finance on all finance directives and recommend operations controls where needed.
  • Prepare and analyse special purpose reports to outline important financial trends in the areas of income, expense, earnings, and asset controls.
  • Monitor preopening activities to ensure that the hotels are opening within budget and have clear visibility of working capital requirements and initial trading performance forecasts.
  • Support effective financial planning and management to ensure the organization's financial health and sustainability.

 

 

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

About YouEssential

  • Bachelor’s Degree in Finance, Accounting or equivalent from an accredited and renowned University.
  • 8 - 10 years of finance operations experience, preferably with an international luxury hospitality company or a recognized blue-chip organisation.
  • A demonstrable track record of delivering results including managing change and delivering on challenging financial matters within a suitable business environment.
  • Experience of working in an international capacity and a solid understanding of cultural and market differences within Europe.
  • Outstanding inter-personal skills and an ability to connect with people at all levels across all functions to drive successful relationships.

Desirable

  • Professional Qualification - CPA, CIMA, ACCA or equivalent.

 

 

We offer an attractive tax-free salary, paid in Dirhams (AED), the local currency of the UAE. In addition, we offer generous F&B benefits, reduced hotel rates across our properties globally, excellent leave and health care package including dental coverage, flights home, life insurance, incentive programs, children’s education assistance and other 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.

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