Director, Finance & Business Support

To lead the Finance Team in all financial aspects of the hotel’s operations, to ensure that all local & corporate policies & procedures are observed, and to supervise the day-to-day operations of the Finance office. We are looking for an experienced Director of Finance to oversee all financial aspects of business and drive the company’s financial strategy and planning.

You will be responsible for:

1. Financial Management

• Budgeting: Develop and manage the hotel’s annual budget.
• Financial Reporting: Prepare and present financial statements and reports to senior management.
• Forecasting: Analyze financial performance and provide forecasts to inform strategic decisions.

2. Operational Support

• Business Analysis: Support operational teams by providing financial insights and analysis to enhance performance.
• Cost Control: Implement cost control measures to maintain profitability.

3. Compliance and Risk Management

• Regulatory Compliance: Ensure adherence to financial regulations and standards.
• Risk Assessment: Identify and manage financial risks associated with hotel operations.

4. Team Leadership

• Staff Management: Lead and develop the finance team, fostering a collaborative environment.
• Training: Provide training and support to staff on financial processes and systems.

5. Strategic Planning

• Business Development: Collaborate with other departments to identify opportunities for revenue growth.
• Investment Analysis: Evaluate potential investment opportunities and their financial implications.

6. Communication

• Stakeholder Engagement: Communicate financial performance and strategies to stakeholders, including owners and management.
• Cross-Department Collaboration: Work closely with other departments to ensure alignment on financial objectives.
• These functions contribute to the overall financial health and operational efficiency of the hotel, ensuring it meets both short-term and long-term goals.

Duties & Responsibilities:

1. Directs, coordinates, and participates in all activities of Accounting personnel, such as:

• preparing management reports, financial statements, and related accounting reports;
• receiving, storing, issuing, accounting for, and controlling the cost of food, beverage, general supplies, operating equipment, and fixed assets;
• requisition needed equipment, materials, and supplies;
• receiving, keeping, depositing, investing, and disbursing funds;
• preparing, controlling, and maintaining all vouchers and cheques;
• processing and preparing all credit applications;
• auditing all revenue reports of the hotel
• https://careers.accor.com/global/en/job/director-finance-and-business-support-in-fairmont-ramla-serviced-residences-riyadh-saudi-ar-jid-108135