# Chief Accountant ## Summary - Organization: TalentReviewAI - Location: Dubai UAE - Type: Full-Time - Department: N/A - Status: active - Posted: [object Object] - Updated: [object Object] - Closing Date: N/A - External Apply: Yes - External Apply URL: https://www.alkhooryhotels.com/en/joinus/finance/ ## Details - Salary: N/A - Experience: N/A - Education: N/A - Team: N/A - Reporting To: N/A ## Description **About the job** **About us**: Al Khoory Hospitality is a part of the Al Khoory Group, a conglomerate with diversified interests in a range of other business sectors, such as Real Estate, Automobile, Equipment Trading and Servicing, Water Pump Assembly, Electric Control Panels and Generators, as well as Waste Disposal Bins and Chutes. Established in 1972, the Al Khoory Group has steadily and successfully expanded its presence across the United Arab Emirates and the Sultanate of Oman. In 2008, the Al Khoory Hospitality Division was founded by Mr Mohammed Tayyeb Khoory, Chairman of the Group. In December of the same year, we launched our first property: Al Khoory Hotel Apartments, Al Barsha, Dubai. Since then, we have expanded our portfolio by establishing six more hotels: Al Khoory Atrium Hotel, Al Khoory Executive Hotel, Al Khoory Inn, Urban Al Khoory Hotels, Al Khoory Sky Garden Hotel & Al Khoory Courtyard Hotel. Situated in the prime commercial and tourist locations of Dubai, our hotels provide the perfect experience of hospitality for leisure and business travellers alike. I. JOB SUMMARY To oversee the day-to-day operations of the department to ensure effective implementation of all accounting policies and procedures, to interpret financial results and provide the management with tools to help them make informed decisions. Has people management responsibilities and continuously develops team members to enable them to deliver tasks on time. II. MAIN DUTIES AND RESPONSIBILITIES - To prepare and interpret the financial statements and reports of the hotel. - To audit the hotel's accounts, records, and transactions through ongoing efforts to streamline internal control procedures. - To implement all necessary controls to safeguard the assets of the hotel and to maintain records for the fixed assets, operating equipment, supplies and inventories. - To assist together with the Hotel Manager in all budgets and forecasts covering activities of the hotel, and to maintain all budget control procedures. - To understand Al Khoory Hotels' tax obligation (Dubai Municipality, Dubai Tourism) using the assistance of locally appointed auditors of tax reports. - To liaise with both internal and external auditors. - To coordinate with the Financial Controller and hotel insurance matters in conjunction with the locally appointed agent. - To manage the staffing of the accounting department. Liaising closely with the Group HR for approvals. - To maximise productivity and morale by setting goals, providing clear guidelines and developing team spirit. - Review and approve the monthly payroll before it is submitted to the Finance Controller. - To oversee the administration of credit and collection procedures. - To oversee that supporting accounting records of the hotel are complete as per the company’s policies and procedures. - To ensure that the physical inventories of all supplies are being taken every month and of all operating equipment on a quarterly basis. - Keep on track with the AMC schedule and inform the department head of their renewals. - Preparation of prepayments and accrual schedules. Performs and conducts performance evaluations of all staff in the Finance Department. III. JOB ACCOUNTABILITIES - Accountable for ensuring that all terms and conditions of the management agreement are adhered to. - Accountable for the monitoring and implementation of proper procedures and controls of purchasing, receiving, storing and requisitioning functions. i.e. materials management functions. - Accountable for the administration and control of ash management daily, ensuring cash is deposited in the banks the following day. - Accountable for the implementation of local accounting procedures to ensure compliance with local government regulations. - To keep and safeguard all contracts (leases, insurance policies, licenses and all legal and financial documents). - On-time payments for all government-related and supplier payments (depending on the credit period) - Adherence to Al Khoory Hotels' tax obligation (Dubai Municipality, Dubai Tourism). Preparation of monthly VAT Returns. IV. KEY PERFORMANCE INDICATORS (KPIs) Preparation and submission of Financial Statements/Reports to the Corporate Office and Head Office within 05 working days of every month. Daily cash control management (deposited in the bank) V. COMMUNICATION & WORKING RELATIONSHIPS External : Banks Suppliers External Auditors Clients Internal : Heads of the Departments Hotel Managers Financial Controller Internal Auditors - Requirements added by the job poster • 10+ years of Hospitality experience • Bachelor's Degree • 10+ years of experience in Finance ## Responsibilities None ## Skills None ## Tags None ## Organization - Name: TalentReviewAI - Website: https://talentreview.ai - Industry: HR - Size: 2-10 - Founded Year: 2024 - Description: A leading HR technology solutions provider specializing in AI and cloud computing services. We help businesses transform their digital infrastructure and drive innovation.