The Director of Finance is responsible for safeguarding hotel assets, optimising hotel profitability, and maintaining strict financial controls and regulatory compliance. As a core member of the Executive Committee, this role leads the financial strategy, budgeting, forecasting, and reporting functions in accordance with Kempinski corporate standards,and local tax regulations.
How You Will Make a Difference; What We’re Looking For
Strategic Financial Leadership & Ownership Management
- Lead the hotel’s finance and accounting department, acting as a strategic advisor to the General Manager and Executive Committee.
- Serve as the primary financial liaison to hotel owners/representatives, ensuring compliance with the terms of the Hotel Management Agreement.
- Identify new business opportunities, revenue optimizations, and cost-containment strategies to maximize Gross Operating Profit (GOP).
Financial Reporting & Analysis
- Ensure the accurate and timely preparation of monthly, quarterly, and annual financial statements as per Kempinski guidelines.
- Conduct monthly P&L reviews with operational department heads, analyzing financial variances and recommending corrective actions.
- Submit quarterly self-assessments and corporate financial packages as required by regional leadership.
Budgeting, Forecasting & Cash Flow
- Partner with the General Manager to develop the hotel’s annual operating budget, business plan, and Capital Expenditure (CapEx) plan.
- Drive rolling revenue and expense forecasts, maintaining high accuracy.
- Oversee cash management, liquidity, bank reconciliations, and working capital optimisation.
Internal Controls, Audit & Compliance
- Design, enforce, and maintain robust internal financial control environments to protect assets and eliminate fraud risks.
- Serve as the main point of contact for internal and external auditors, implementing recommendations efficiently.
- Ensure strict compliance with local laws, corporate insurance policies, labor laws, licenses, and tax obligations.
Procurement, Payroll & Asset Management
- Supervise purchasing, store operations, credit management, accounts receivable, and payroll functions.
- Safeguard all hotel contracts, lease agreements, operational licenses, and legal documents.
- Track capital expenditure spending against approved CapEx budgets.
What Makes You a Great Fit; Who We’re Looking For
- Education: Bachelor’s degree in Finance, Accounting, or Business Administration or MBA (Finance) is strongly preferred.
- Experience: Minimum 3–5 years of experience as a Director of Finance (or senior Assistant Director of Finance ready to step up) within a 5-star international luxury hotel chain.
- Languages: Fluency in English (written & spoken) is mandatory. Arabic is a strong advantage.
- Competencies: Strong strategic thinker, ethical, persuasive communicator, analytical, and comfortable presenting directly to owners and board members.
Technical Skills: - Proficiency in hotel accounting software (e.g., Opera PMS, SunSystems, Material Control/FBM, Oracle).
- Advanced Excel skills and familiarity with local GCC tax regulations
Kempinski emphasises talent development and offers career progression within its global network, with properties in over 30 countries. There are opportunities to work in diverse cultural environments whilst continuing your professional growth. We are proud to foster a culture where employees feel valued, heard, and are empowered to deliver exceptional guest experiences.
Be part of a legacy, build your future. Discover the possibilities at Kempinski.
