Mandarin Oriental Residences, Tel Aviv represents a new benchmark in luxury living, combining Mandarin Oriental’s legendary service with an exceptional residential experience in one of the Mediterranean’s most vibrant cities.
Located in the heart of Tel Aviv, the Residences offer an exclusive collection of luxury homes complemented by world-class amenities, personalized services, and the renowned hospitality standards of Mandarin Oriental.
More than just a residence, Mandarin Oriental Residences, Tel Aviv is designed to create a refined lifestyle experience, where residents enjoy exceptional service, comfort, privacy, and attention to detail every day.
The Head Bookkeeper works closely with the Director of Residences, the Residence Management team, ownership representatives, and relevant corporate finance teams to ensure accurate, transparent, timely, and fully compliant financial management of the residential operation.
The role is responsible for overseeing the day-to-day accounting function, financial controls, accounts payable and receivable, reconciliations, resident-related financial transactions, budgeting support, financial reporting, statutory compliance, and coordination with external auditors, tax advisors, banks, suppliers, and relevant authorities.
The Head Bookkeeper plays a key role in establishing robust financial processes during the pre-opening phase and maintaining the highest standards of financial governance, accuracy, confidentiality, and professionalism in accordance with Mandarin Oriental standards and Israeli accounting requirements.
Key Responsibilities
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Lead and manage the day-to-day accounting operations of Mandarin Oriental Residences, Tel Aviv.
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Maintain accurate and complete accounting records in accordance with applicable Israeli accounting principles, tax regulations, internal policies, and Mandarin Oriental financial standards.
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Manage the general ledger and ensure the accurate and timely recording of all financial transactions.
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Prepare monthly, quarterly, and annual financial reports, management accounts, reconciliations, and supporting schedules.
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Support the Director of Residences and Residence Management team in the preparation, monitoring, and ongoing control of the annual operating budget, pre-opening budget, forecasts, and financial performance.
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Monitor actual operating expenses against approved budgets and provide timely variance analysis and explanations to management.
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Manage accounts payable processes, including invoice verification, coding, approval workflows, payment preparation, supplier reconciliations, and payment controls.
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Manage accounts receivable processes, including resident accounts, service charges, management-related charges, reimbursements, and other receivables applicable to the residential operation.
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Ensure accurate and timely bank reconciliations, supplier account reconciliations, balance sheet reconciliations, and intercompany reconciliations where applicable.
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Monitor cash flow requirements and support management in maintaining appropriate cash controls and payment scheduling.
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Maintain strong internal financial controls and ensure appropriate segregation of duties, approval authorities, supporting documentation, and audit trails.
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Support the financial setup and implementation of systems, procedures, chart of accounts, reporting structures, and accounting controls during the pre-opening phase.
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