Chief Accountant at Minor International

Dubai, Dubai, United Arab Emirates -

Full Time

Start Date

Immediate

Expiry Date

15 Jun, 26

Salary

0.0

Posted On

17 Mar, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Income Audit, Revenue Assurance, Cost Control, Inventory Management, Internal Controls, Compliance, Reporting, Analysis, Sun Systems, Opera, POS Systems, Advanced Excel, Data Analysis, Financial Reporting, Budgeting, Forecasting

Industry

Hospitality

Description

Company Description Feel the energy of Dubai in an exceptional location near Dubai Media City on Sheikh Zayed Road at La Suite Dubai Hotel & Apartments. Guests staying at this modern hotel will find elevated comfort just moments from Dubai Internet City and Palm Jumeirah. Feel relaxed in elegant rooms, studios, and apartments with stunning panoramic views of the city and Arabian Gulf. Job Description Position Summary The Chief Accountant oversees the hotel’s Income Audit, Revenue Assurance, Cost Control, and Inventory Management functions. The role ensures strong internal controls, accurate reporting, compliance with brand and regulatory standards, and seamless collaboration with operational departments. This position directly reports to the Director of Finance. 1. Income Audit & Revenue Assurance Oversee daily income audit for all revenue streams (Rooms, F&B, other departments, ancillary revenues). Ensure accurate reconciliation between PMS, POS, payment terminals, interfaces, and the general ledger. Review and approve daily revenue reports, control sheets, and summaries before submission to management. Monitor and verify rate codes, packages, promotions, complimentary rooms, house use, staff rates, discounts, rebates, no‑shows, early departures, late charges, PM accounts, routing instructions, and City Ledger transfers. Investigate revenue discrepancies, negative postings, voids, and manual corrections with proper explanations and approvals. Work closely with Front Office, Reservations, and F&B to strengthen controls and minimize revenue leakages. Support compliance with Sun System and brand standards for revenue recognition and classification. 2. Cost Control & Inventory Management Lead the hotel’s F&B and operating cost control function. Oversee receiving, storing, issuing, and stock management for food, beverages, and operating supplies. Review PRs and POs for accuracy, approval compliance, and budget alignment. Ensure accurate recipe costing, portion standards, and menu engineering data with the Executive Chef and F&B Manager. Analyse theoretical vs. actual food and beverage cost variances; propose corrective actions. Coordinate monthly and ad‑hoc inventory counts; validate count sheets and investigate discrepancies. Monitor spoilage, breakage, wastage, and inter‑outlet transfers ensuring proper authorization. Provide cost analysis to support menu pricing, product mix, and promotions. 3. Internal Controls, Compliance & Audit Design, implement, and maintain internal controls for revenue and cost processes aligned with SOPs and owner/brand standards. Act as finance lead for audit matters related to income audit, F&B controls, and inventory. Coordinate internal/external audits and ensure timely closure of findings. Ensure compliance with local regulations (VAT, taxes on revenue, service charge, discounts) in collaboration with the Financial Controller. Prepare and update SOPs and checklists for income audit, cost control, and F&B controls. 4. Reporting & Analysis Provide daily, weekly, and monthly analysis on: Revenue trends and anomalies F&B and other cost of sales vs. budget and last year Inventory variances and wastage Profitability of promotions and packages Contribute to monthly P&L reviews (revenue accuracy, F&B cost of sales, inventory-related expenses). Support budgeting and forecasting with data-driven revenue and cost insights. 5. Systems & Process Improvement Act as process owner for PMS/POS revenue-related setups (rate codes, packages, discounts, privileges). Drive automation and process enhancements for income audit and cost control (Excel, BI tools, system exports). Review workflows continuously to improve efficiency, accuracy, and internal controls. 6. People Management & Collaboration Lead and mentor Income Auditors, Cost Controllers, Storekeepers, and related team members. Provide on-the-job training for Front Office, Reservations, F&B, and Stores teams on revenue and cost procedures. Foster a culture of strong financial control while maintaining supportive relationships with operations. Act as the primary finance liaison for department heads on revenue, cost control, and audit matters. Qualifications Bachelor’s degree in Accounting, Finance, or related field. Excellent written and spoken English communication skills. Professional qualification (ACCA, CPA, CMA) preferred or part-qualified. Minimum 5–7 years of hotel finance experience with strong exposure to income audit and F&B cost control. Prior experience in a senior hotel finance role (Income Auditor, Cost Controller, Finance Manager, Chief Accountant) preferred. Strong knowledge of hotel accounting or similar frameworks. Proficiency in PMS, POS, and inventory systems (Opera, check SCM, Sun Systems, etc.). Advanced Excel and data analysis skills. Experience with internal and external audits in hospitality. Additional Information Why Join Us? Minor Hotels offers unparalleled opportunities to grow your career in the hospitality industry. Begin your professional journey or take the next step in your career with exciting opportunities across our growing portfolio of hotel brands – including Anantara, Avani, Elewana, NH, NH Collection, nhow, Oaks and Tivoli. Pursue your passions in some of the most extraordinary destinations in the world, inspired by team leaders who will support you in becoming the very best you can be. Company Location: Minor Hotel Group Limited

Responsibilities

The Chief Accountant will oversee critical financial functions including Income Audit, Revenue Assurance, Cost Control, and Inventory Management, ensuring strong internal controls and accurate reporting across all revenue streams and operational costs. This role involves leading teams, coordinating audits, ensuring regulatory compliance, and providing data-driven analysis to support management decisions.