Financial Controller- Hospitality Sector

3 days ago

Doha, Qatar Holding Group Company Full time

**FINANCIAL CONTROLLER - HOSPITALITY DIVISION**

**Key Responsibilities: Financial Management & Reporting**
- Oversee the full spectrum of financial operations across the hospitality division (hotels, restaurants).
- Prepare, review, and analyze monthly, quarterly, and annual financial statements.
- Ensure timely consolidation and submission of management reports for the group’s hospitality entities.
- Implement and maintain financial controls, accounting policies, and standard operating procedures (SOPs) across all hospitality units.
- Coordinate and manage the budgeting, forecasting, and variance analysis process for all properties.
- Supervise cash flow management, fund allocation, and working capital optimization.
- Ensure compliance with local regulations, tax laws, and audit requirements.
- Liaise with external auditors and regulatory bodies to ensure transparency and compliance.

**Operational & Strategic Responsibilities**
- Partner with General Managers and the Operations team to drive profitability and cost efficiency across hospitality assets.
- Conduct financial feasibility studies for new projects, renovations, or acquisitions.
- Review and monitor performance metrics such as RevPAR, GOP, ADR, occupancy rates, and F&B profitability.
- Develop and implement internal controls and standard accounting procedures tailored for hospitality operations.
- Lead cost control initiatives across all outlets, including F&B, rooms, maintenance, and procurement.
- Support senior management with financial insights and recommendations to improve operational performance.
- Contribute to strategic decision-making, including investment evaluation, expansion planning, and asset management.
- Oversee payroll, vendor payments, purchasing approvals, and expense management processes in coordination with property-level finance teams.

**Qualifications & Experience**:

- Bachelor’s Degree in Accounting, Finance, or related field (Master’s or CPA/CA/ACCA preferred).
- Minimum **7-8 years of experience** as a **Financial Controller** or within the **hospitality industry**.
- Proven experience working in the **Gulf region (GCC)** is **mandatory**.
- Strong knowledge of **hospitality accounting systems** (e.g., Oracle, Sun Systems, Opera PMS, Micros, or similar).
- In-depth understanding of **hotel operations, cost control, F&B financial management**, and **asset management**.
- Strong leadership, analytical, and communication skills.
- Ability to work under pressure, meet deadlines, and manage multiple properties simultaneously.
- Must be **locally available** for immediate or short-term joining.

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