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Financial Accountant

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Mandarin Oriental Hotel Group

1mo ago

  • Job
    Full-time
    Junior Level
  • Hospitality & Retail
    Accounting & Tax
  • Dubai

AI generated summary

  • You need a Bachelor’s in Accounting/Finance, CPA/CMA, 2 years in hospitality finance, knowledge of PMS and Microsoft Excel, plus strong communication, analytical, and leadership skills.
  • You will monitor reports, assist in cash counts, reconcile gratuities, analyze accounts, ensure month-end accuracy, supervise finance sections, maintain documentation, and handle tax matters.

Requirements

  • Bachelor’s degree in Accounting or Finance
  • CPA, CMA or other Accounting certificate
  • Minimum of 2 years’ experience in a supervisory role in the hospitality sector (Finance accounting)
  • Excellent knowledge of various PMS, POS, Purchasing, Payroll, Accounting and Reporting Systems (preferably Springer Miller System, Infogenesis, Moreton Bay, Oasys, SUN System and Hyperion Planning)
  • Excellent knowledge of Microsoft Office mainly Excel
  • Good written and verbal communication skills in English
  • Must have analytical skills
  • Must have strong interpersonal skills
  • Must have Leadership skills

Responsibilities

  • To monitor the completion and distribution of daily in-house reports.
  • Assisting in checking of the daily operation package for completeness before routing to Director of Finance and General Manager.
  • To assist the General Cashier in performing surprise float counts.
  • Prepare outlet gratuity reconciliation and submit to paymaster for payment.
  • Analyzing and monitoring all balance sheet accounts on a timely and accurate manner according to policy.
  • Performing the complete month-end closing activities together with the Chief Accountant.
  • Assisting in the preparation of month-end journals and closing entries in accordance to policies & procedures.
  • Verifying cash deposits, payroll, and cash clearing accounts to avoid discrepancies.
  • Verifying that the general ledger (GL) and sub-ledger (SL) postings are accurate, ensure that GL and SL balances correspond and all contra/ clearance accounts are cleared at month-end.
  • Supervision of assigned Finance sections, ensuring timely submission of all related reports and compliance to all policy & procedures.
  • To be responsible for all month-end deadlines and schedules.
  • Ensuring timely and accurate submission of all related reports both to management and owning companies and compliance to all policy & procedures.
  • Maintaining an updated and accurate Chart of Accounts in the Accounting System.
  • Maintaining a close communication with the public auditors and communicate instructions for the preparation of internal and external audits, preparing all necessary data and documents, in conjunction with the Chief Accountant, Assistant Director of Finance and Director of Finance.
  • Maintaining a working knowledge of the accounting regulations of the region where the hotel is located.
  • Have a thorough knowledge of the contents of all volumes of the Policies & Procedures.
  • Supervising the filling and maintenance of all accounting related documents and records in accordance with the document retention policy.
  • Assisting in General Cashier, Income Audit, Payroll, Accounts Receivable, and Accounts Payable functions as required.
  • Assisting in monthly preparation and filing of the business taxes of the Hotel on a timely manner.
  • Ensuring that all tax matters are treated in a proper manner and in compliance with related legislation.
  • Attend the seminars for tax updates.
  • Cover secretarial duties as & when necessary.
  • To perform any other duties that may be assigned from time to time by management.

FAQs

What is the main role of a Financial Accountant at Mandarin Oriental Downtown, Dubai?

The main role of the Financial Accountant is to ensure the smooth and efficient operation of the accounting department while adhering to corporate policies, including analyzing financial statements and overseeing payroll and accounts payable.

What qualifications are required for this position?

Candidates should have a Bachelor’s degree in Accounting or Finance, CPA, CMA or other accounting certification, and a minimum of 2 years’ experience in a supervisory role in the hospitality sector.

What specific software knowledge is necessary for a Financial Accountant?

Excellent knowledge of various PMS, POS, Purchasing, Payroll, Accounting and Reporting Systems is required, particularly with systems like Springer Miller, Infogenesis, Moreton Bay, Oasys, SUN System, and Hyperion Planning.

Are there any mandatory skills that the candidate must possess?

Yes, candidates must have strong analytical skills, excellent Microsoft Office skills (mainly Excel), and good written and verbal communication skills in English. Leadership and interpersonal skills are also essential.

What responsibilities does the Financial Accountant have regarding month-end activities?

The Financial Accountant is responsible for performing complete month-end closing activities, assisting in the preparation of month-end journals and closing entries, and ensuring compliance with all deadlines and schedules.

Will the Financial Accountant need to interact with auditors?

Yes, the Financial Accountant will maintain close communication with public auditors, instructing them for the preparation of internal and external audits and preparing all necessary documents with the Chief Accountant and other finance leaders.

Is experience in the hospitality sector essential for this position?

Yes, a minimum of 2 years’ experience in a supervisory role specifically in the hospitality sector is required.

What kind of reports will the Financial Accountant be responsible for?

The Financial Accountant will be responsible for monitoring and submitting daily in-house reports, compiling month-end reports, and ensuring timely submission to management and owning companies.

Does the role include assisting with tax matters?

Yes, the Financial Accountant will assist in the monthly preparation and filing of business taxes and ensure compliance with related legislation regarding tax matters.

What is the working environment like at Mandarin Oriental Downtown, Dubai?

The working environment is fast-paced and dynamic, set in a premium hospitality setting with a focus on luxury and high service standards.

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Mandarin Oriental Hotel Group

Travel & Leisure
Industry
10,001+
Employees
1963
Founded Year

Mission & Purpose

Mandarin Oriental Hotel Group is the award-winning owner and operator of some of the world’s most luxurious hotels, resorts and residences. Having grown from its Asian roots into a global brand, the Group now operates 36 hotels and 7 residences in 23 countries and territories, with each property reflecting the Group’s oriental heritage and unique sense of place. Mandarin Oriental has a strong pipeline of hotels and residences under development, and is a member of the Jardine Matheson Group. Mandarin Oriental’s aim is to be recognized widely as the best global luxury hotel group, providing 21st century luxury with oriental charm in each of its hotels. This will be achieved by investing in the Group’s exceptional facilities and its people, while maximizing profitability and long-term shareholder value. The Group regularly receives recognition and awards for outstanding service and quality management. The strategy of the Group is to open the hotels currently under development, while continuing to seek further selective opportunities for expansion around the world. The parent company, Mandarin Oriental International Limited, is incorporated in Bermuda and has a premium listing on the London Stock Exchange, with secondary listings in Bermuda and Singapore. Mandarin Oriental Hotel Group International Limited, which operates from Hong Kong, manages the activities of the Group’s hotels. Mandarin Oriental is a member of the Jardine Matheson Group.