Job offer: Hospitality Analyst

Our client is a dynamic and diversified investment company with a robust portfolio encompassing key growth sectors, including real estate, hospitality, education, and capital investments. Headquartered in Abu Dhabi, they maintain a diverse local and international investment portfolio.

• 
  
  Control Procedures: Establish, maintain, and coordinate the implementation of departmental control procedures in alignment with corporate requirements.
• 
  
  Financial Data Management: Assume responsibility for all financial data within the division, ensuring timely receipt of data and reports from all stakeholders.
• 
  
  Financial Modeling: Develop and maintain reports, financial models, and forecasts for hotels.
• 
  
  Comprehensive Reporting: Prepare comprehensive reports and presentations, including analysis of operational performance for assigned entities.
• 
  
  Reconciliation: Perform various reconciliations to confirm the accuracy of financial reports, comparing data from the accounting system and other sources.
• 
  
  Accounts Receivables: Review and track hotels' accounts receivables, doubtful accounts, legal cases, and collections, providing monthly analysis and highlighting concerns.
• 
  
  Budget Support: Support the annual budgeting exercise and financial projections by providing data-driven insights and recommendations to the Senior Asset Manager - Hotels.
• 
  
  Financial Analysis: Analyze monthly financial reports, comparing them to the approved yearly budget and previous years, and highlighting concerns for further investigation.
• 
  
  Performance Benchmarking: Conduct performance benchmarking analysis using industry tools such as Hotstat and others to assess hotels' performance against industry standards and competitors.
• 
  
  KPI Analysis: Collect, compile, and analyze key performance indicators (KPIs) related to occupancy rates, average daily rates (ADRs), revenue per available room (RevPAR), and market share.
• 
  
  Financial Records: Maintain financial records and support document management, including reconciling pre-opening, operating, and FF&E budgets.
• 
  
  Capital Expenditures: Maintain financial records and reconciliation for Capital Expenditures and special projects directly paid by the Owning Company.
• 
  
  Best Practices: Explore the latest benchmarks and best practice initiatives in the industry.
• 
  
  Internal Audit Support: Support the annual internal audit process, liaise with auditors as required, meet deadlines, and follow up on outstanding issues.
• 
  
  Financial Tracking: Report FF&E spending versus budgets and prepare summaries of quotations for significant items.
• 
  
  Retail Leasing: Maintain retail leasing records and vacancies, benchmark financial performance, and report findings to the Senior Asset Manager - Hotels.
• 
  
  Standard Operating Procedures: Update and create Standard Operating Procedures (SOP) and templates for functions under this role and ensure compliance.
• 
  
  Task Tracking: Create tracking sheets for pending matters, regularly follow up, and provide progress updates or highlight concerns.
• 
  
  Problem Solving: Demonstrate creative problem-solving skills and provide recommendations to address concerns.
• 
  
  Effective Communication: Keep the Senior Asset Manager - Hotels promptly informed of any issues directly affecting operations and other relevant topics.
• 
  
  Ad Hoc Duties: Perform related duties and special projects assigned by the Senior Asset Manager - Hotels or COO when applicable.

Experience:

• 
  
  A minimum of 5 years in Hospitality Management Finance or general accounting experience is essential.
• 
  
  Knowledge of the region's business environment is essential.
• 
  
  Familiarity with hotel operations is essential.

Qualifications:

• 
  
  Education: Graduation/Diploma in Hospitality Management, Business Administration, Finance, or a related field. A Master's degree is preferred.
• 
  
  Experience: Proven experience in hotel performance analysis, benchmarking, or related roles.
• 
  
  Industry Tools: Proficiency in performance benchmarking tools and platforms such as Hotstats, STR Global, or similar industry tools.
• 
  
  Software Skills: Strong PC skills in MS Word are essential. Advanced proficiency in Microsoft Excel and data visualization tools (e.g., Tableau, Power BI) to create insightful reports and presentations.
• 
  
  Accounting Knowledge: Good knowledge of accounting principles and procedures sufficient to compile financial reports.
• 
  
  Hospitality Management: Good knowledge of hospitality management, including a comprehensive understanding of hotels, operations, revenue management principles, industry trends, and systems. Financial and commercial understanding and reporting.
• 
  
  USALI Knowledge: Understanding of financial practices as per USALI is an advantage.
• 
  
  Analytical Skills: Ability to select information from various sources, interpret statistical tables and formulas, and perform mathematical calculations.
• 
  
  Feasibility Studies: Experience in creating feasibility studies and calculating ROI & IRR is an advantage.
• 
  
  Attention to Detail: Strong attention to detail and accuracy, highly analytical.
• 
  
  Teamwork: Demonstrated ability to collaborate and work effectively in cross-functional teams.