Company Name: Ras Al Khaimah Investment Authority Georgia (RAKIA Georgia) LTD

Job Title: Finance Manager

Reporting to: General Manager

 

Location: Tbilisi, Georgia

 

Required Education:

·       University degree in Accounting/Finance/Economics (honors diploma, MBA, BBA desirable)

·       At least on first level of ACCA, CFA or CIMA

 

Required Work Experience:

·       Qualified accountant with strong experience in the hospitality and real estate sectors at a manager level

·       Past exposure to working on hotel development or renovation projects would be considered an advantage

·       More than 5 years of work experience

·       More than 3 years in managerial position

 

Required Skills:

·       Experience in a management role for a hotel, hotel owning and/or hotel investment company

·       Detailed knowledge of IFRS with ability to deliver high quality financial reporting and analysis

·       Ability to arrange finance for projects and monitoring of financial covenants

·       Robust investment appraisal skills and sound commercial acumen in evaluating opportunities

·       High proficiency in Microsoft Excel, Word, and PowerPoint

·       Professional demeanor with ability to work independently

 

Required Language Skills:

·       Fluent in Georgian and English

 

Main Responsibilities:

 

Not limited to:

 

•        Day to day financial management of the hotel business unit affairs during normal operations (e.g. Daily Report, communications with the asset management and consultants, etc.)

•        Ensuring excellence in financial reporting, accuracy and planning of the owners’ accounts, including project financing and bank financing

•        Compliance to policies and procedures and the hotel HMA’s, and accuracy in short and long-term financial planning

•        Completion of the month end closing process, including consolidation of the operators accounts to the owner’s books, as directed by General Manager

•        Preparation of the reconciliations of balance sheet accounts on a monthly basis; Preparation of monthly, quarterly, annual and ad hoc financial reports, as directed by the General Manager

•        Provide analysis on the financial and commercial performance of the company

•        Recommendation of remedial action to address financial performance problems where appropriate

•        Liaising with the operators to develop detailed cash flow forecasts every month and for compiling or analysing other information

•        Deliver and oversee Company’s financial analysis, projects or reporting to the General Manager, as requested.

•        Reviewing of the operator’s annual operating, FF&E and capex budgets

•        Keep up-to-date on latest developments in the Financial Management field especially in Hospitality sector

•        Balancing multiple responsibilities

 

Deadline for applications: 31 October 2022

The CVs should be submitted to info@rakia.ge

 

Please, indicate the position for which you are applying, otherwise the CV may not be considered.

 

We thank all applicants for their interest, but will only contact those selected for an interview.