Finance Supervisor

Overview

About The First Group Hospitality

 

The First Group Hospitality is a Dubai-headquartered, full-service hospitality management company specialising in hotel operations, asset management, and F&B strategy. With a team of industry veterans and a proven track record, the company delivers tailored solutions that enhance efficiency, optimise revenue, and maximise asset value for investors and hotel owners. As a trusted third-party hotel management provider, The First Group Hospitality partners with leading global brands to drive operational excellence and long-term profitability, thanks to expertise spanning property performance optimisation, cost management, and guest experience enhancement. Beyond management, The First Group Hospitality develops and operates a dynamic portfolio of upscale hotels, residences, and award-winning restaurants, creating high-value hospitality assets that stand out in the market. For more information, visit tfghospitality.com  About Hotel Local:

 

Hotel Local Dubai is a community-centric lifestyle brand located in Jumeirah Village Triangle, offering thoughtfully curated stays rooted in local culture and connection. As part of Autograph Collection, each stay is shaped by its neighbourhood and local stories, inviting guests to uncover hidden gems and experience the destination in a way that feels distinctly unique. From farm-to-table dining at Farmers Commons to relaxed social gatherings at Neighbourhood Brew, Hotel Local blends design, music, art and wellness into every stay, creating spaces that feel personal, purposeful and authentically local. A Stay Exactly Like Nothing Else.

Job Description

The Finance Supervisor is responsible for supervising the day-to-day financial operations within the hotel, ensuring accurate financial reporting, compliance with accounting standards, and the effective management of financial transactions. This role supports the Financial Controller in managing financial records, preparing reports, and providing financial analysis to optimize hotel performance.

Key Responsibilities:

• Oversee and supervise daily accounting functions such as accounts payable, accounts receivable, and payroll processing.
• Ensure all financial transactions are recorded accurately and in accordance with hotel policies and accounting standards.
• Manage cash flow and ensure timely processing of invoices and payments.
• Prepare monthly, quarterly, and annual financial statements, including balance sheets, profit and loss statements, and cash flow reports.
• Assist in the preparation of monthly and annual budgets, forecasts, and financial analysis to provide insights for decision-making.
• Analyze financial data to identify trends, cost-saving opportunities, and operational efficiencies.
• Ensure compliance with local tax laws, accounting regulations, and hotel financial policies.
• Conduct account reconciliations and resolve discrepancies in a timely manner.
• Support internal and external audits by preparing necessary documentation and reports.
• Supervise and train junior finance staff, ensuring adherence to procedures and best practices.
• Provide guidance on financial procedures and resolve any accounting-related issues.
• Monitor and manage the hotel’s cash flow, ensuring sufficient funds are available for daily operations.
• Oversee cash handling processes and ensure that cash deposits are conducted in a timely and accurate manner.
• Assist the Financial Controller with special projects, financial analysis, and system improvements.
• Contribute to the development and implementation of financial policies and procedures.

Desired Skill & Expertise

• Bachelor’s degree in Finance, Accounting, or a related field.
• Professional certifications (e.g., CPA, ACCA) are a plus.
• Minimum of 3-5 years of experience in finance or accounting, preferably in the hospitality industry.
• Strong experience with accounting software (e.g., Opera, SunSystems) and Microsoft Excel.
• Excellent attention to detail and accuracy in financial reporting.
• Strong analytical and problem-solving skills.
• Ability to work under pressure and meet deadlines.
• Strong communication and interpersonal skills, with the ability to work effectively with all departments.
• Knowledge of local tax laws and compliance regulations.