Director of Finance

Posted 12 Days Ago
Be an Early Applicant
Manama, Capital, BHR
In-Office
Senior level
Travel • Hospitality
The Role
Leads the hotel’s finance and accounting functions, including financial strategy, budgeting, forecasting, reporting, cash management, internal controls, audits, tax compliance, procurement, payroll, credit, and asset management. Advises the General Manager, executive committee, and hotel owners while driving profitability, safeguarding assets, managing CapEx, and ensuring compliance with corporate standards and local regulations.
Summary Generated by Built In
The Director of Finance is responsible for safeguarding hotel assets, optimising hotel profitability, and maintaining strict financial controls and regulatory compliance. As a core member of the Executive Committee, this role leads the financial strategy, budgeting, forecasting, and reporting functions in accordance with Kempinski corporate standards,and local tax regulations.

Key Responsibilities
How You Will Make a Difference; What We’re Looking For
Strategic Financial Leadership & Ownership Management
  • Lead the hotel’s finance and accounting department, acting as a strategic advisor to the General Manager and Executive Committee.
  • Serve as the primary financial liaison to hotel owners/representatives, ensuring compliance with the terms of the Hotel Management Agreement.
  • Identify new business opportunities, revenue optimizations, and cost-containment strategies to maximize Gross Operating Profit (GOP).
Financial Reporting & Analysis
  • Ensure the accurate and timely preparation of monthly, quarterly, and annual financial statements as per Kempinski guidelines.
  • Conduct monthly P&L reviews with operational department heads, analyzing financial variances and recommending corrective actions.
  • Submit quarterly self-assessments and corporate financial packages as required by regional leadership.
Budgeting, Forecasting & Cash Flow
  • Partner with the General Manager to develop the hotel’s annual operating budget, business plan, and Capital Expenditure (CapEx) plan.
  • Drive rolling revenue and expense forecasts, maintaining high accuracy.
  • Oversee cash management, liquidity, bank reconciliations, and working capital optimisation.
 Internal Controls, Audit & Compliance
  • Design, enforce, and maintain robust internal financial control environments to protect assets and eliminate fraud risks.
  • Serve as the main point of contact for internal and external auditors, implementing recommendations efficiently.
  • Ensure strict compliance with local laws, corporate insurance policies, labor laws, licenses, and tax obligations.
Procurement, Payroll & Asset Management
  • Supervise purchasing, store operations, credit management, accounts receivable, and payroll functions.
  • Safeguard all hotel contracts, lease agreements, operational licenses, and legal documents.
  • Track capital expenditure spending against approved CapEx budgets.

Skills, Knowledge and Expertise
What Makes You a Great Fit; Who We’re Looking For
  • Education: Bachelor’s degree in Finance, Accounting, or Business Administration or MBA (Finance) is strongly preferred. 
  • Experience: Minimum 3–5 years of experience as a Director of Finance (or senior Assistant Director of Finance ready to step up) within a 5-star international luxury hotel chain.
  • Languages: Fluency in English (written & spoken) is mandatory. Arabic is a strong advantage.
  • Competencies: Strong strategic thinker, ethical, persuasive communicator, analytical, and comfortable presenting directly to owners and board members.
    Technical Skills:
  • Proficiency in hotel accounting software (e.g., Opera PMS, SunSystems, Material Control/FBM, Oracle).
  • Advanced Excel skills and familiarity with local GCC tax regulations

Why Join Kempinski
Kempinski emphasises talent development and offers career progression within its global network, with properties in over 30 countries. There are opportunities to work in diverse cultural environments whilst continuing your professional growth. We are proud to foster a culture where employees feel valued, heard, and are empowered to deliver exceptional guest experiences.
Be part of a legacy, build your future.  Discover the possibilities at Kempinski.

About
Founded in Germany in 1897, Kempinski Hotels has long reflected the finest traditions of European hospitality. Today, as ever, Kempinski is synonymous with distinctive luxury.Located in many of the world's most well-known cities and resorts, the Kempinski collection includes hotels in a grand manner, pace-setting modern establishments and older hotels of individual charm. All blend gracefully into their surroundings and offer luxurious accommodation, superb cuisine and unrivalled facilities - complemented by impeccable service.For leisure and business guests alike, the name Kempinski has long been synonymous with style, mobility and efficiency. Put simply, they are the first choice for the discerning individual.In addition to operating many of the finest city hotels in the world, Kempinski is a name that can now be found in many exciting resort locations, each combining local flair and ambience with the international standards of service and luxury that Kempinski guests have come to expect.

Skills Required

  • Bachelor’s degree in Finance, Accounting, or Business Administration
  • MBA in Finance
  • Minimum 3–5 years of experience as a Director of Finance or senior Assistant Director of Finance ready to step up
  • Experience within a 5-star international luxury hotel chain
  • Fluency in written and spoken English
  • Arabic language proficiency
  • Proficiency in hotel accounting software such as Opera PMS, SunSystems, Material Control/FBM, or Oracle
  • Advanced Microsoft Excel skills
  • Familiarity with local GCC tax regulations
  • Strategic thinking, ethical conduct, persuasive communication, analytical ability, and confidence presenting to owners and board members
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The Company
HQ: Geneva
9,010 Employees
Year Founded: 1897

What We Do

Kempinski Hotels is a German luxury hotel management company, recognized as Europe's oldest luxury hotel group, operating upscale hotels worldwide and focusing on creating memorable guest experiences.

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