Finance Associate Full Time NEW

Working as a Finance Associate at The First Group Hospitality in Dubai provides an excellent opportunity to manage financial analysis services, support hospitality revenue management, and work with advanced corporate finance solutions. This role blends accuracy, analytical skills, and cloud-based finance tools to strengthen financial performance within the hospitality sector.

Key Responsibilities

• Manage all guest and corporate accounts receivable, ensuring accurate invoicing and prompt collection.
• Review and reconcile outstanding accounts, ensuring timely follow-up on overdue payments.
• Process and record all incoming payments, ensuring correct allocation to the appropriate accounts.
• Ensure the accurate posting of daily revenues from all hotel departments, including rooms, food and beverage, and other services.
• Reconcile daily income and ensure that all revenue entries align with the hotel’s financial systems.
• Assist in the preparation of monthly revenue reports and assist with month-end closing processes.
• Prepare and issue invoices for corporate clients, group bookings, and long-staying guests.
• Maintain accurate records of billing, payments, and credit notes.
• Ensure that all billing is in compliance with hotel policies and corporate agreements.
• Review credit limits for corporate clients and ensure that accounts remain within approved credit terms.
• Coordinate with the Sales and Reservations teams to ensure accurate billing for group events, conferences, and special bookings.
• Assist in preparing daily, weekly, and monthly financial reports related to income and accounts receivable.
• Provide management with detailed reports on outstanding receivables and aging reports to assist with cash flow management.
• Highlight any discrepancies or unusual patterns in income and accounts receivable.
• Work closely with the Front Office, Sales, and Reservations teams to resolve any billing issues or discrepancies.
• Communicate effectively with clients to clarify invoices and address any payment concerns.
• Ensure compliance with accounting standards, hotel policies, and local regulations regarding billing and revenue collection.
• Assist with the preparation for internal and external audits, providing necessary documentation and supporting materials.
  • Bachelor’s degree in Finance, Accounting, Business Administration, or a related field.
  • 2-3 years of experience in accounts receivable or income auditing, preferably within the hospitality industry.
  • Familiarity with hotel management systems (e.g., Opera, Micros) and accounting software is a plus.

Skills

• Strong attention to detail and accuracy in financial processing and reporting.
• Excellent communication and interpersonal skills to interact with internal teams and clients.
• Strong organizational and time management skills.

Building a career as a Finance Associate at The First Group Hospitality in Dubai offers strong professional growth, exposure to budget forecasting tools, and hands-on experience with audit compliance services and integrated finance systems.