Mandarin Oriental, Muscat is looking for a Director
of Finance to join our Finance team.
Are you
a master of craft? Do you thrive in a team that succeeds together, demonstrating
integrity and respect while acting responsibly? Do you embrace a growth mindset?
We invite you to become a fan of the exceptional.
Mandarin Oriental
is the award-winning owner and operator of some of the most luxurious hotels,
resorts and residences located in prime destinations around the world, with
a strong development pipeline. Increasingly recognised for creating some of
the world’s most sought-after properties, the Group provides legendary service
inspired by Asian heritage whilst representing the very cutting-edge of luxury
experiences.
Mandarin Oriental, Muscat is an urban resort located in
the prestigious Shatti Al-Qurum area of Muscat.
The property brings Mandarin Oriental’s legendary service and contemporary
luxury to the Sultanate of Oman, offering an exceptional collection
of guestrooms, suites and residences, distinctive dining experiences, extensive
wellness facilities and elegant event spaces.
About
the job
Based at Mandarin Oriental, Muscat within the Finance
Division, the Director of Finance provides strategic financial leadership across
the hotel and residences and is responsible for the effective management of all
financial and accounting activities.
Reporting to the General Manager,
the Director of Finance acts as a key business partner to the hotel leadership
team, ownership and MOHG Corporate Finance, providing financial insight
and guidance to support sound commercial decision-making, sustainable
profitability and the long-term financial performance of the property.
As Director of Finance, you will be responsible for the following
duties:
- Lead and oversee all financial and accounting
activities for the hotel and residences, ensuring accurate, timely and effective
financial management and reporting. - Direct the development,
implementation and maintenance of robust financial controls and accounting
procedures in accordance with MOHG policies, generally accepted accounting
principles, management agreements and applicable local statutory
requirements. - Act as a strategic business partner to the General
Manager and Executive Committee, providing financial insight, analysis
and recommendations to support commercial and operational decision-making.
- Lead the annual budgeting and forecasting processes and ensure financial
targets are realistic, appropriately challenged and aligned with the strategic
objectives of the hotel and residences. - Monitor financial performance
against budget and forecast, analyze variances and trends, and recommend
corrective actions and opportunities to enhance profitability. - Identify
opportunities to improve revenue performance, productivity, cost efficiency
and overall profitability while maintaining Mandarin Oriental's service
and quality standards. - Ensure the accurate and timely preparation
of monthly, quarterly and annual financial statements, management reports,
forecasts and other financial information required by hotel management,
ownership and MOHG Corporate Finance. - Maintain strong working
relationships with ownership representatives and Corporate Finance and ensure
all reporting requirements under the management agreements are fulfilled.
- Oversee cash flow, treasury, working capital and cash management, ensuring
appropriate controls are maintained over all hotel funds and financial
assets. - Oversee credit management, accounts receivable, accounts
payable and collection processes and ensure appropriate credit policies
and procedures are maintained. - Establish and maintain effective
internal controls to safeguard hotel and residences assets against loss, misuse
or misappropriation. - Ensure adequate insurance coverage and appropriate
risk-management measures are maintained in accordance with MOHG standards
and management agreement requirements. - Coordinate and oversee internal
and external audits, statutory reporting and other financial compliance
requirements, ensuring timely resolution of audit findings. - Ensure
compliance with applicable taxation, regulatory and statutory requirements
in the Sultanate of Oman. - Drive continuous improvement across Finance
processes, systems, reporting and controls, leveraging technology and data
to improve efficiency and the quality of financial information. - Ensure
the confidentiality, integrity and security of financial information
and compliance with MOHG information security policies and access-control
requirements. - Lead, coach and develop the Finance team, establishing
clear objectives, succession plans and development opportunities to build
capability and support colleague career progression. - Promote a culture
of accountability, collaboration, continuous improvement and high performance
within the Finance Division. - Work collaboratively with operational
departments to strengthen financial awareness, improve cost management
and support achievement of the hotel's business objectives. - Represent
the Finance function as an active member of the hotel leadership team
and undertake additional responsibilities as required by the General Manager
and MOHG Corporate Management.
As Director of Finance,
we expect from you:
- Strong commercial and financial acumen
with the ability to translate financial information into clear business
recommendations. - Proven ability to operate as a strategic partner
to senior leadership and influence commercial and operational decisions.
- Strong knowledge of financial reporting, budgeting, forecasting, financial
analysis, internal controls, compliance and risk management. - Excellent
analytical and problem-solving capabilities with a high level of attention
to detail. - Strong leadership skills with a proven ability to lead,
motivate, coach and develop a high-performing Finance team. - Excellent
communication, interpersonal and presentation skills with the ability to build
effective relationships with hotel leadership, ownership, corporate stakeholders
and external partners. - High standards of integrity, confidentiality
and professional ethics. - A proactive, organised and results-oriented
approach, with the ability to operate effectively in a dynamic luxury
hospitality environment. - Strong technology orientation and advanced
proficiency in Microsoft Excel and financial reporting tools.
- Experience with hospitality systems such as SUN, Hyperion, Opera, Micros
and other relevant financial, PMS and POS systems is highly desirable.
Experience and education
- Bachelor's
degree in Finance, Accounting, Business Administration or a related
discipline. - A professional accounting qualification such as ACCA, CPA,
CIMA, CA or equivalent is highly desirable. - A Master's degree
in Finance, Accounting or an MBA would be an advantage. - Significant
progressive experience in Finance and Accounting, preferably within luxury
hospitality. - Previous experience in a senior financial leadership
position within a luxury hotel, resort or hospitality environment.
- Demonstrated experience managing budgeting, forecasting, financial
reporting, internal controls, audits and commercial financial analysis.
- Experience working within an international luxury hospitality group and/or
a hotel management agreement environment would be advantageous.
- Previous experience overseeing both hotel and residences financial
operations would be an advantage. - Excellent written and spoken English;
additional languages would be advantageous.
Our commitment
to you
- Learning & Development. Your success is our
success. We craft unique learning and development programmes for various stages
in your career so that you grow, continuously. - MOstay. When you work
as hard as our colleagues do, it’s important to take time off. As a member
of the #MOfamily, you can stay with us wherever you go in the world.
The MOstay programme offers complimentary nights and attractive rates on rooms
for you and your loved ones. - Health & Colleague Wellness. Finding
the right work-life balance is important. Your wellbeing matters to us.
A variety of health benefits and wellness programmes are offered to our
colleagues globally.
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