Residence Accountant

3 days ago

Doha, Baladīyat ad Dawḩah, Qatar Four Seasons Full time

In the words of Isadore Sharp, Founder and Chairman of Four Seasons Hotels and Resorts: "The reason for our success is no secret. It comes down to one single principle that transcends time and geography, religion and culture. It's the Golden Rule – the simple idea that if you treat people well, the way you would like to be treated, they will do the same." This philosophy is the cornerstone of the Four Seasons culture, truly making Four Seasons the best company to work for.

Four Seasons Hotels and Resorts has been recognized by FORTUNE Magazine's 100 Best Companies to Work for, every year since the survey began in 1998.

Join our Team

Work on a team that is built on mutual respect, collaboration, and excellent service. Four Seasons provides employees with the same level of care that we expect to be shared with our guests.

Four Seasons Resorts and Residences at The Pearl-Qatar:

The upcoming project will include 161 fully-furnished apartments, perfect for both short and long-term stays, as well as 84 Private Residences, set along a private beach surrounded by lush gardens. Guests and residents alike will enjoy a full range of state-of-the-art amenities, including a signature restaurant by Michelin-starred chef, Joël Robuchon.

Our Team:

Our team is our greatest asset and the key to our success. We demonstrate our beliefs in the way we treat each other and by the example we set for one another. In all our interactions with our guests, customers, business associates, and colleagues, we seek to deal with others, as we would have them deal with us.

Who We Look For:

We look for employees who share the Golden Rule; people who, by nature, believe in treating others as we would have them treat us. We look for individuals who share a passion for excellence and who infuse that enthusiasm into everything they do.

Position: Residences Accountant

The Residences accountant is responsible for the safeguarding of the residence asset and financial resources to ensure that the homeowner's interests are protected whilst maintaining the reputation of Four Seasons as the property manager. Ensure that the residences are operated as stipulated in the project governing documents and Four Seasons Management Agreements. Assist the Regional Director of Finance in the administration of all financial aspects of the Residential Operation, to ensure that all local and corporate policies and procedures are observed and to ensure the financial and legal integrity of the business is maintained.

TASKS:

  1. Handling day-to-day operation of the finance of the Residence.
  2. Prepare various management reports and the analysis to assist management in their decision-making process.
  3. Continuously reviewing and validating the allocation methods of common cost apportionment between Resort and Residences.
  4. Ensuring appropriate financial control in compliance.
  5. Review of all legal contracts of the residence, and follow up for their renewal, and ensure their safe keep.
  6. Handling vendors payment and periodic vendors account reconciliation.
  7. Coordinating with Purchasing team for negotiation of various costs being incurred for the residences.
  8. Handling funds management, ensure that monthly reconciliations for all balance sheet accounts are prepared and signed off in accordance with policy, with special attention paid to the bank accounts.
  9. Monitor the status of the Accounts Receivable aging and billing collection of service charges and other charges as aligned with the governing documents and local standards while maintaining adequate cash flow.
  10. Maintain a capital reserve account for the replacement of FF&E, plant and machinery and be actively involved in the longer-term planning for the replacement of the infrastructure as appropriate and/or in compliance with the governing documents including a 3rd party reserve study if applicable.
  11. Handling period closing and Preparation of monthly, quarterly, and annual financial reports.
  12. Preparation of required financial statements for presenting to Residence owners in their general meeting. Attend Board and/or Member meetings.
  13. Assist DOF with P&L preparation and presentation of Residence entity during ME as detailed in ME Tasks.
  14. Ensuring actual expenses are within the budget and to achieve this make regular expense forecast. Monitor and control expenses of the residences to ensure that the service charge budget is always respected.
  15. Payroll processing of residence accountant employees.
  16. Post all ME entries (bank, assessments, fees, accruals) of Residence entity.
  17. P&L of Residences review with DOF and DORES.
  18. Assist Resort Budget preparation to ensure proper allocation to Residence entity.

Benefits:

  1. Opportunities to build a successful career with global potential.
  2. Unique strong culture - diversity of 50 different nationalities.
  3. Living accommodation in a high quality, well-resourced apartment.
  4. Excellent Training and Development opportunities.
  5. Employee Recognition Programs.
  6. Complimentary nights at FS Hotels Worldwide.
  7. Paid annual home leave tickets.
  8. Complimentary meals in employee restaurants.
  9. Free transportation to work.
  10. Medical coverage.

Work Authorization: Hotel will apply for the work authorization for a successful candidate.

Learn more about employment with Four Seasons: You could also learn more about employment with Four Seasons via the following channels:

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