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Dir-Finance-A

The Luxury Collection
Jiddah, KSA
Full Time
Director
Onsite
2 weeks ago
Financial AnalysisBudgetingStrategic PlanningAccountingRisk ManagementLeadership
Free

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Financial AnalysisBudgetingStrategic Planning
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Position Overview

  • The Director of Finance acts as the strategic financial business leader for the hotel, developing and implementing hotel wide strategies to deliver products and services that meet customer and employee needs while maximizing ROI.

Education and Experience

  • Bachelor's degree in Finance, Accounting, or related field with 3 years experience; or Master's degree with 1 year experience.

Core Work Activities Strategic Planning and Decision Making

  • Develop means to improve profits, including estimating costs and benefits, exploring new business opportunities.
  • Analyze information, forecast sales and expenses, and prepare annual budget.
  • Analyze actual vs. forecasted sales and identify variances.
  • Implement systematic controls to manage business risk.
  • Ensure strong accounting and operational control environment.
  • Lead development and implementation of comprehensive annual business plan.
  • Provide ongoing analytical support by monitoring actual and forecasted sales.

Leading Finance Team

  • Use interpersonal and communication skills to guide and influence others.
  • Communicate strategic goals and owner priorities to subordinates.
  • Oversee internal, external, and regulatory audit processes.
  • Conduct annual performance evaluations with direct reports.

Managing Stakeholder Needs

  • Attend meetings and communicate with owners to understand priorities.
  • Advise General Manager and Executive Committee on operational/financial issues.
  • Communicate financial concepts in a clear and persuasive manner.
  • Manage hotel's working capital and cash flow.

Developing and Maintaining Financial Goals

  • Ensure accurate recording of profit and loss.
  • Monitor applicable taxes and ensure timely reporting.
  • Support achievement of performance and budget goals.
  • Review audit issues and ensure accuracy.
  • Oversee purchasing process as applicable.

Managing Projects and Policies

  • Generate accurate and timely reports and presentations.
  • Reconcile balance sheet accounts.
  • Ensure compliance with management contracts and reporting requirements.
  • Ensure compliance with standard operating procedures.

Managing Human Resources Activities

  • Ensure cross training of team members.
  • Ensure fair and consistent enforcement of hotel policies.
  • Ensure new employees receive orientation and onboarding.
  • Develop training plans based on individual strengths and career goals.
  • Participate in recruitment activities as appropriate.

About The Luxury Collection

  • Part of Marriott International, The Luxury Collection includes over 120 hotels in more than 35 countries.
  • Each hotel reflects local culture and heritage, offering authentic experiences.

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