Director Finance Jumeirah The Red Sea

About Jumeirah Hotels and Resorts

Jumeirah, a global leader in luxury hospitality and a member of Dubai Holding, operates a portfolio of 29 properties across 11 countries in the Middle East, Europe, and Asia. Since 1999, with the opening of Jumeirah Burj Al Arab, the brand has been recognized for its beachfront resorts, city hotels, and residences. Jumeirah is known for its service and for crafting experiences for guests worldwide.

About the Role

Jumeirah The Red Sea is seeking a Director Finance to join its team. This is a full-time position responsible for overseeing financial operations and contributing to strategic financial planning within the organization.

Key Responsibilities

• Ensure accurate maintenance of financial records, compliance with accounting standards, and adherence to legal and regulatory requirements, including the preparation and review of financial statements.
• Establish robust cash management controls, prepare cash flow forecasts, and oversee reconciliations of balance sheet accounts to ensure accuracy and identify discrepancies.
• Supervise the Finance and Accounting department, ensuring smooth operations and timely delivery of financial reports, while also providing training and development opportunities to enhance team skills.
• Direct the preparation of annual budgets and monthly forecasts, establish major financial objectives and policies, and conduct analysis to minimize variances and maximize return on investment.
• Contribute financial insights and recommendations to strategic planning processes, establish functional objectives aligned with organizational goals, and prepare long-term capital and operational projections.
• Maintain professional relationships with stakeholders such as owners, asset managers, and corporate teams, reporting on financial performance, acting as a business advisor, and addressing specific requirements.

Qualifications and Experience

• A minimum of 10 years of relevant experience in finance.
• Demonstrated ability to manage financial records and ensure compliance with accounting and regulatory standards.
• Experience in cash management, forecasting, and balance sheet reconciliation.
• Proven leadership skills to supervise and develop a finance and accounting team.
• Proficiency in budget preparation, financial forecasting, and variance analysis.
• Ability to contribute financial insights to strategic planning and establish functional objectives.
• Strong interpersonal skills for managing relationships with various stakeholders.

Work Type

This is a full-time position.

Application Process

Further details regarding the application process will be provided upon inquiry.