Accounts Payable Executive

Company: The First Group Hospitality –

WebSite: Dubai, United Arab Emirates

Job Description:**Option 1 (Formal):**

Ciel Dubai Marina, a landmark development by The First Group and a distinguished member of IHG Hotels & Resorts’ Vignette Collection, is poised to redefine the luxury hospitality sector as the world’s tallest hotel. This premier establishment features 1,004 meticulously designed guest rooms, eight exceptional dining venues, three outdoor swimming pools, panoramic views, and a comprehensive array of world-class amenities, collectively offering an unparalleled guest experience. Designed by the award-winning NORR Group, Ciel has received prestigious accolades, including the 2019 International Property Awards for Best International Hotel Architecture and Best Hotel Architecture Arabia, solidifying its status as a landmark development and a symbol of innovation within the hospitality industry. We invite dedicated professionals to join our dynamic team and contribute to delivering exceptional hospitality experiences, while unlocking significant opportunities for professional advancement at Ciel Dubai Marina, Vignette Collection.

The First Group Hospitality, a leading hospitality management organization, is pioneering a new era of excellence. With a rapidly expanding portfolio of award-winning upscale hotels, signature restaurants, and distinctive leisure destinations, we are committed to creating unforgettable experiences at every touchpoint. Our team, comprised of seasoned professionals with extensive experience from renowned hotel brands and a deep understanding of the Dubai and GCC markets, offers tailored solutions to maximize efficiency, drive revenue growth, and enhance guest satisfaction through a comprehensive infrastructure spanning all key areas of hotel management.

At The First Group Hospitality, we are dedicated to fostering long-term partnerships with our clients. By leveraging our global insights, regional expertise, and strong operational foundation, we ensure that every aspect of your hotel is managed with precision and care, with the objective of optimizing performance, boosting profitability, and delivering sustainable growth for your property.

**Finance Executive – Job Description:**

The Finance Executive is responsible for supporting the daily financial operations of the hotel, encompassing accounts payable, accounts receivable, bank reconciliations, revenue auditing, and financial reporting. This role ensures the maintenance of accurate financial records and adherence to internal controls and statutory regulations.

**Responsibilities:**

* Assist in the preparation of daily, weekly, and monthly financial reports.
* Manage accounts receivable and accounts payable processes with accuracy and timeliness.
* Reconcile bank statements, supplier statements, and credit card transactions.
* Monitor revenue postings and conduct night audit checks as required.
* Support month-end closing activities, including journal entries and accruals.
* Maintain financial records and ensure proper documentation of all transactions.
* Provide documentation and support for internal and external audits.
* Coordinate with other departments to ensure timely submission of invoices and supporting documentation.
* Ensure compliance with hotel financial policies and relevant local accounting regulations.
* Assist in the preparation of budgets and forecasts.
* Monitor petty cash disbursements and maintain meticulous records.
* Provide financial data and analysis to support operational decision-making.

**Qualifications:**

* Bachelor’s degree in Finance, Accounting, or a related field.
* Minimum of two years of experience in a finance role, preferably within the hospitality industry.
* Familiarity with hotel Property Management Systems (PMS) and accounting systems (e.g., Opera, Sun, SAP, Oracle).
* Strong understanding of accounting principles and financial reporting standards.
* Proficiency in Microsoft Excel and financial software applications.
* Demonstrated attention to detail, accuracy, and excellent organizational skills.
* Effective communication and interpersonal skills.
* Ability to perform effectively under pressure and meet established deadlines.
* High level of integrity and commitment to maintaining confidentiality.

Skills: