Summary
The First Group Hospitality is a hospitality management company specialising in hotel operations, asset management and F&B strategy. The Finance Executive will record transactions, manage payables and receivables, prepare financial documents and reports, and reconcile accounts and statements. The role also supports closing activities, budgeting, cost control, payroll-related finance and hospitality operations. The position is in Abu Dhabi and requires a relevant bachelor’s degree and two to four years of finance or accounting experience; hospitality experience is preferred.
The posting
As published on tfghospitality.com. Pulled from the employer's site and shown as they wrote it.
Overview
About The First Group Hospitality
The First Group Hospitality is a Dubai-headquartered, full-service hospitality management company specialising in hotel operations, asset management, and F&B strategy. With a team of industry veterans and a proven track record, the company delivers tailored solutions that enhance efficiency, optimise revenue, and maximise asset value for investors and hotel owners. As a trusted third-party hotel management provider, The First Group Hospitality partners with leading global brands to drive operational excellence and long-term profitability, thanks to expertise spanning property performance optimisation, cost management, and guest experience enhancement. Beyond management, The First Group Hospitality develops and operates a dynamic portfolio of upscale hotels, residences, and award-winning restaurants, creating high-value hospitality assets that stand out in the market. For more information, visit tfghospitality.com
Key Responsibilities
Record and maintain daily financial transactions, including sales, purchases, receipts, payments, and journal entries.
Manage accounts payable and accounts receivable processes.
Prepare invoices, payment requests, receipts, and supporting documentation.
Reconcile bank accounts, cash balances, credit card transactions, and supplier statements.
Monitor outstanding receivables and follow up on overdue payments.
Assist with month-end and year-end closing activities.
Prepare financial reports, schedules, and management summaries.
Support budgeting, forecasting, cost control, and variance analysis.
Verify invoices, expense claims, purchase orders, and approvals.
Maintain organized and accurate financial documentation.
Assist with payroll-related finance requirements and employee expense processing.
Coordinate with auditors, suppliers, banks, and internal departments when required.
Ensure compliance with internal controls, accounting standards, tax requirements, and company procedures.
Provide financial support to hospitality operations, including outlet sales, inventory, wastage, commissions, and operational expenses.
Perform other finance-related duties assigned by management.
Desired Skill & Expertise
Bachelor’s degree in Finance, Accounting, Business Administration, or a related field.
Two to four years of relevant finance or accounting experience, preferably in hospitality, restaurants, hotels, or retail.
Good knowledge of accounting principles and financial controls.
Experience with accounting software and Microsoft Excel.
Strong reconciliation, analytical, and problem-solving skills.
High attention to detail and accuracy.
Good organization and time-management skills.
Ability to handle confidential financial information professionally.
Strong communication and interpersonal skills.
Ability to work independently and meet deadlines.
Knowledge of VAT and local financial regulations is an advantage.