A well-known and well-reputed Company based in Dubai, United Arab Emirates is looking for an experienced, skilled, competent, mature, capable, efficient, qualified, creative, and intelligent candidate with significant competency, good knowledge, and relevant working experience for the position of “Management Accountant”.

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Company Name

FIVE Hotels and Resorts

Job Requirements and Benefits:-

Qualification	Masters | Bachelors | CPA | ACCA
Experience	3 – 4 years of Relevant Experience Required
Monthly Salary	10,500 AED – 12,500 AED
Employment Type	Part Time | Permanent
Company Size	100 – 500 Employees
Benefits	Medical Insurance | Performance-based Increments
Location	DUBAI

About the job

An Exhilarating OpportunityAre you ready to be part of our Trailblazing FIVE Tribe thats setting the Gold Standard in Finance? FIVE Hotels and Resorts is seeking a bold and innovative individual whos passionate about creating unforgettable, Next-Level experiences for our guests and other ‘FIVERs’. Famed for its high-energy lifestyle, entertainment, and culinary offerings, FIVE is the epitome of daring glamour, and includes these famous luxury lifestyle destinations:

• Dubbed the hottest hotel in Dubai, the dare-to-be-different FIVE Palm Jumeirah is home to award-winning restaurants, bars, and Dubai’s #1 rooftop club.
• An uber-chic hotel capturing the excitement of new Dubai, FIVE Jumeirah Village is the worlds most-reviewed hotel on Booking.com. With 269 private pools and jacuzzies, the hotel promises an exclusive chic penthouse lifestyle.
• Switzerland’s ultimate entertainment hotspot, FIVE Zurich’s luxury lifestyle award-winning restaurants, rooftop club and buzzing pool are centered around FIVE’s hallmark musical stylings.
• Ready to launch in Q4 of 2023, FIVE LUXE is a prime beach property in Jumeirah Beach Residence. Embodying the unique ‘Vibe at FIVE,’ it will offer ultra-luxe, eco-conscious residences for luxury aficionados.

The Team‘FIVERs’ are cultured yet chic, confident yet self-effacing, and work hard to play even harder. As a FIVE Tribe Member, youll personify the distinct FIVE-Styled Vibe and use it to create Insta-Perfect experiences for our guests that keeps them coming back for more. If you dream of being surrounded by like-minded individuals who share your passion for delivering unforgettable moments that last a lifetime – then look no further.The CandidateYour outstanding communication, leadership, and organisational skills enable you to be a natural self-starter. Youre a creative and critical thinker that implements hand-crafted solutions, which set new standards of excellence. You have an eye for detail and execute tasks with precision and finesse. Your outgoing and approachable nature enables you to connect with other ‘FIVERs’ and key stakeholders, ensuring their Journey at FIVE is nothing short of sensational.So, have the best time ever by joining our Finance Team as Management Accountant to deliver exceptional experiences across our award-winning lifestyle destinations. Jump on board and unleash your potential in an exciting and buzzing environment that will take your career to new heights!Sustainable Indulgence at FIVEFIVE is a leader in sustainable luxury living and hospitality, with its UAE-based destinations being the first and only hotels in the UAE to obtain the International Renewable Energy Certificates (I-REC) for achieving 100% renewable electricity for 2022. The companys science-meets-styled ‘Sustainable Indulgence’ ethos has led to a completely LEED Platinum-certified operational hospitality portfolio. FIVE Palm Jumeirah and FIVE Jumeirah Village are also 3 Star SPIRE Rated Smart Buildings. FIVE Zurich, the only LEED Platinum hotel in Switzerland, achieved an impressive 84 Points under LEED v4s BD+C and ID+C rating system, making it one of just five hotels worldwide to receive Platinum Certification. FIVE illustrates its commitment to making ‘Sustainability without Compromise on Luxury Living’ central to its future vision and FIVE LUXE, which is ready to launch in Q4 of 2023, is already on track to acquire LEED Platinum (BD+C). These achievements highlight FIVE’s comprehensive and committed scope of sustainability strategy permeating operations, governance and community.An Equal Opportunity EmployerThe FIVE Tribe represents over 70 nationalities across its over 1500 employees. FIVE is committed to hiring a diverse and inclusive workforce as an equal-opportunity employer. Accordingly, FIVE does not discriminate based on disability, race, age, sex, gender, sexual orientation, ethnicity, religion or belief, nationality, marital status, or any other basis protected under national or local laws. Ranked 10th on the Great Workplaces in the UAE 2023 list of Large Organisations, the FIVE Tribe is more than a group of people working together – it is a family bonded by common values and goals, celebrating people, culture and diversity.Key Responsibilities

• Collaborate with department heads to develop comprehensive budgets for all hotel operations, including Rooms, Food & Beverage, Spa, and other revenue centers.
• Conduct regular financial reviews to identify potential cost-saving opportunities and revenue enhancement strategies.
• Prepare variance analysis reports to explain budget deviations and suggest corrective actions.
• Develop accurate financial forecasts and projections, taking into account occupancy rates, average daily rates, food and beverage covers, and other revenue drivers.
• Assist in the annual budgeting process, coordinating with relevant departments to gather necessary data and ensure alignment with organisational goals.
• Prepare and present monthly, quarterly, and annual financial reports to senior management, including detailed analysis and commentary on financial performance.
• Generate key performance indicators (KPIs) and financial metrics to help monitor the hotels financial health and performance against targets.
• Analyse cost trends and make recommendations for cost containment measures without compromising service quality.
• Work closely with the Revenue Management team to optimize room rates, pricing strategies, and yield management to maximize revenue.
• Oversee the timely and accurate month-end and year-end closing processes.
• Ensure adherence to accounting standards and policies during the closing procedures.
• Ensure compliance with relevant accounting principles, tax regulations, and other financial legal requirements.
• Liaise with external auditors and tax advisors during audits and reviews.
• Oversee the hotels financial systems and ensure data integrity and accuracy.
• Recommend improvements to financial systems and processes to enhance efficiency and accuracy.
• Conduct special financial analysis and ad-hoc projects as requested by the Head of Finance or senior management.

RequirementsWhat We’re Looking For

• Bachelors degree in Accounting, Finance, or a related field. A Masters degree or professional certification (e.g., CPA, CMA) is advantageous.
• Proven experience as a Management Accountant in the hospitality industry, preferably in a luxury hotel or resort setting.
• In-depth knowledge of financial management practices, budgeting, forecasting, and financial analysis.
• Proficiency in financial reporting, variance analysis, and KPI reporting.
• Familiarity with hotel-specific financial systems (e.g., Opera, Micros) and accounting software (e.g., SAP, Oracle).
• Strong analytical and problem-solving skills with attention to detail.
• Excellent communication and interpersonal skills to collaborate effectively with different departments and stakeholders.
• Ability to work in a fast-paced, dynamic environment and manage multiple priorities.
• Demonstrated ability to maintain confidentiality and handle sensitive financial information.

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Accounting & Finance