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Finance Manager

  • Qatar, Middle East
  • Unspecified

  • In consultation with the General Manager and Director of Sales & Marketing, prepare the financial budget for Fraser Suites Doha and submit to Corporate Office and the Owner in the specified format and within prescribed timelines.
  • Implement measures to control operating expenses to achieve financial objectives.
  • Efficient forecasting and management of cash outflows to ensure the efficient use of capital to meet business requirements.
  • Conduct periodic reviews and market research to ensure purchasing deliver best pricing outcomes.
  • Manage the fixed asset register and implement measures to control the movement and/or disposal of assets.
  • Liaise with internal/external legal advisors, consultants and regulatory authorities to ensure operational and legal compliance in all business dealings.
  • Preparation and submission of the annual business plan and financial budgets in accordance with company’s guidelines and the Owning Company’s requirements.
  • Provide timely and responsive assistance to the Owning Company’s representatives.
  • Conduct detailed business forecast analysis.
  • Ensure management controls are in place to monitor and manage accounts payable, accounts receivable, income audit, cashiering, hotel inventory, fixed assets and payroll functions, and the staff engaged to perform these duties.
  • Preparation of the bank reconciliation on a daily and monthly basis in accordance with Company guidelines.
  • Manage all statutory reporting, license renewals, and business insurance.
  • Monitor and manage the performance of the finance team with respect to competency, productivity, and individual KRAs.
  • Ensure all documentation, record management and reports are maintained and filed in accordance with Company guidelines and Owning company requirements.
  • Investigate and report on any detected discrepancies, irregularities or errors.
  • Implements and monitors risk management practices in all facets of the business. 
  • Ensure all Fraser Suites Doha and Frasers Hospitality policies and procedures as they apply to the financial operations of the business are adhered to at all times.
  • Maintain a continuous improvement regime to ensure best practice measures are employed in all finance department related procedures.
  • Review and implement Enterprise Wide Risk Management (ERM) practices, crisis management, business continuity plans and disaster recovery plans on behalf of the finance department and property. 
  • To maintain professional business confidentiality and standards in accordance with Frasers Hospitality code of conduct.
  • Delivers presentation and performs administrative duties that are of consistently high quality and that reflect industry-wide best practice standards. 
  • Implement and maintain systems that uphold the security and control of information, assets, cash and receivables belonging to the business.
  • To perform any related duties and special projects as assigned by the Management.

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