Summary
Wynn Al Marjan Island is recruiting an Assistant Director of Accounting for its Finance Team in Ras Al Khaimah, UAE. The role leads financial close and consolidation, oversees general ledger and fixed asset accounting, prepares financial statements, and coordinates audits and reporting. Applicants need a professional accounting qualification, a bachelor’s degree in accounting, finance, or a related discipline, and at least 10 years of progressive accounting and financial reporting experience. Advanced ERP and financial reporting systems proficiency and advanced Excel skills are required; the posting describes an attractive salary paid in AED but does not state an amount.
The posting
As published on wynnalmarjanisland.com. Pulled from the employer's site and shown as they wrote it.
About Wynn Al Marjan Island:
Wynn Al Marjan Island will be the first integrated resort in the UAE. Set to open in 2027, the resort will be located 50 miles from Dubai International Airport in the emirate of Ras Al Khaimah. The resort will offer 1,530 rooms and suites, 22 restaurants, lounges, and bars, a theater, and a beach club. It will feature multiple swimming and wading pools, a five-star spa, a salon, a shopping promenade, and a celebrations and events center.
About the Position:
Wynn Al Marjan Island is currently seeking an Assistant Director of Accounting to join our Finance Team.
The primary duties and responsibilities of this role are:
- Lead the monthly, quarterly, and annual financial close processes, ensuring reporting is accurate, complete, supported, and delivered within the approved close calendar.
- Prepare and review standalone and consolidated financial statements with IFRS and applicable statutory and internal reporting requirements.
- Own the consolidation process, including intercompany reconciliations, elimination entries, foreign currency considerations, and review of reporting packages.
- Prepare statements of cash flows, including reconciliation of movements in cash and cash equivalents.
- Oversee the general ledger and ensure that journal entries, accruals, prepayments, allocations, and account reconciliations are properly prepared, reviewed, approved, and retained.
- Maintain balance sheet integrity through timely completion and review of detailed account reconciliations, supporting schedules, aging analyses, and resolution of reconciling items.
- Review fixed asset accounting, including construction-in-progress reviews, capitalization assessments, componentization, asset transfers, disposals, impairment considerations, useful-life reviews, and depreciation.
- Ensure appropriate classification of capital and operating expenditure, particularly during the transition from pre-opening development activity to post-opening operations.
- Prepare and analyze financial statements, management reports, income statements, balance sheets, cash flow statements, and key account movements for Finance leadership.
- Develop and maintain accounting policies, procedures, and close controls aligned with IFRS, corporate requirements, and operational needs.
- Coordinate with Accounts Payable, Payroll, Treasury, Tax, Procurement, FP&A, IT, and operating departments to ensure complete and accurate accounting.
- Responsible for the completion of statutory, internal, and regulatory audits by coordinating information requests, preparing schedules, resolving audit queries, and implementing agreed actions.
- Drive process improvements, standardization, automation, and reduction of manual journals and spreadsheet-dependent activities.
- Provide technical accounting guidance on complex transactions and prepare accounting position papers and memoranda when required.
- Lead, mentor, and develop the accounting team, establish clear responsibilities, and create succession and cross-training plans for critical activities.
- Perform any other duties and responsibilities assigned by senior Finance management.
- Build effective working relationships with operational departments, banks, auditors, tax advisers, consultants, and Group Finance teams.
- Promote a culture of accountability, accuracy, service, confidentiality, and continuous improvement within the Finance function.
- Ensure financial information is handled in accordance with company policies, delegated authorities, and data-confidentiality requirements.
- Support the resort’s transition to post-opening operations by ensuring accounting processes, resources, systems, and controls are scalable for increased transaction volumes.
About You:
The ideal candidate for this position will have the following experience and qualifications:
- A professional accounting qualification such as ACCA, CPA, or ACA is required.
- Bachelor’s degree in Accounting, Finance, or a related discipline. A relevant master’s degree is an advantage.
- 10+ years of progressive accounting and financial reporting experience. Experience in hospitality, integrated resorts, gaming, real estate, or another high-volume multi-entity environment is advantageous.
- Prior experience with a Big Four accounting firm is an added advantage.
- Demonstrated ability to independently prepare complete financial statements, including notes and supporting schedules.
- Strong knowledge of IFRS, period-end closing, general ledger accounting, internal controls, audit requirements, and financial reporting.
- Advanced proficiency in ERP and financial reporting systems and advanced Excel skills are required. Experience with Oracle or a comparable enterprise platform is preferred.
About Wynn Al Marjan Island’s Benefits:
We offer an attractive salary, paid in Dirhams (AED), the local currency of the UAE. In addition, we offer an excellent leave policy, a healthcare package and as well as incentive programs, and other employee benefits. The result is a package that makes this role highly attractive to outstanding applicants seeking a career with Wynn Resorts, among the most renowned and celebrated brands in the global hospitality industry.