Chief Accountant

Job Location:

Oaks Ibn Battuta Gate Hotel Dubai

At Oaks, we’ve got over 55 destinations across Australia, New Zealand, Asia and beyond — and we’re always ready to be explored, experienced, or turned into something unexpected. You’ll find us right where the action is: vibrant teams, a workplace culture that doesn’t take itself too seriously, and real room to grow.

Whether it’s a city stopover or a beachside resort, every Oaks property runs on the energy of people who genuinely enjoy what they do. If you want to work somewhere with personality, purpose, and the kind of team that ends up in the same group chat — there’s an Oaks with your name on it.

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.

• 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.
• 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.
• 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.
• 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.
• 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.
• 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.
  

• 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.