Director of Finance
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Key skills for this role
About the Role
Rixos Qetaifan Island North seeks a Director of Finance to oversee financial operations, budgeting, forecasting, and strategic support for a large resort property. The role requires strong leadership, financial compliance expertise, and experience in the hospitality industry within the Middle East.
Key Skills for This Role
Responsibilities
- Oversee all accounting functions, including general ledger, accounts payable, payroll, and financial reporting
- Ensure accuracy and timeliness of monthly, quarterly, and annual financial statements
- Maintain strong internal controls and a transparent system of checks and balances
- Coordinate and oversee annual audits, tax filings, and regulatory compliance
- Lead the annual budgeting process and ongoing financial forecasting
- Develop and maintain financial models to support operational and strategic decision making
- Provide variance analysis and actionable insights to leadership
- Support department heads in managing budgets and understanding financial performance
- Oversee cash flow management and forecasting
- Provide oversight and support to the Accounting Manager and the accounting team
Requirements
- Minimum 5 10 years of progressive experience in a Director of Finance or equivalent senior financial leadership role at a large resort or hospitality property within the Middle East
- Master's degree in Finance, Accounting, or Business Administration, or professional certification (CA, CPA, or equivalent)
- Demonstrated expertise in financial compliance, regulatory requirements, and audit management
- Proven experience with financial planning, budgeting, and forecasting in a complex operational environment
- Strong proficiency in financial systems, accounting software, and data analysis tools
- Excellent understanding of internal controls, risk management, and financial governance frameworks
- Demonstrated ability to lead and develop accounting teams
- Exceptional analytical and problem solving skills
- Strong communication and presentation skills
Full Job Posting
Company Description
- Rixos Qetaifan Island North will comprise a 345 key hotel, along with a souq encompassing 11,000sqm of leasing space, a beach club, a theme park, and a waterpark.
- The resort will boast panoramic views of the Arabian Gulf.
Job Description
- Director of Finance blends hands on financial oversight with forward looking analysis, supporting both day to day operations and longer term strategic initiatives.
- The Director of Finance will work closely with the Managing Director and department leaders to strengthen financial processes, improve visibility into performance, and ensure the property operates efficiently and sustainably.
- This position also required presenting financial data and interpretation to the ownership.
Financial Oversight & Reporting
- Oversee all accounting functions, including general ledger, accounts payable, payroll, and financial reporting
- Ensure accuracy and timeliness of monthly, quarterly, and annual financial statements
- Maintain strong internal controls and a transparent system of checks and balances
- Coordinate and oversee annual audits, tax filings, and regulatory compliance
- Review and analyze financial performance, identifying trends and areas for improvement
Budgeting, Forecasting & Analysis
- Lead the annual budgeting process and ongoing financial forecasting
- Develop and maintain financial models to support operational and strategic decision making
- Provide variance analysis and actionable insights to leadership
- Support department heads in managing budgets and understanding financial performance
- Evaluate cost structures and identify opportunities for efficiency and expense control
Strategic & Operational Support
- Partner with leadership on long range planning, capital investments, and business strategy
- Support financial aspects of construction, renovation, and capital projects, including budgeting, cash flow, and ROI analysis
- Assist in evaluating new opportunities, partnerships, or operational initiatives
- Provide financial insight into pricing, labor, and operational decisions
Cash Management & Banking
- Oversee cash flow management and forecasting
- Maintain and strengthen banking and lender relationships
- Ensure appropriate liquidity to support operations and capital needs
Team Leadership & Collaboration
- Provide oversight and support to the Accounting Manager and the accounting team
- Foster a collaborative, accountable, and detail oriented finance function
- Work cross functionally with operations, HR, and department leaders
- Promote a culture of financial awareness and accountability across the organization
Required Qualifications
- Minimum 5 10 years of progressive experience in a Director of Finance or equivalent senior financial leadership role at a large resort or hospitality property within the Middle East
- Master's degree in Finance, Accounting, or Business Administration, or professional certification (CA, CPA, or equivalent)
- Demonstrated expertise in financial compliance, regulatory requirements, and audit management
- Proven experience with financial planning, budgeting, and forecasting in a complex operational environment
- Strong proficiency in financial systems, accounting software, and data analysis tools
- Excellent understanding of internal controls, risk management, and financial governance frameworks
- Demonstrated ability to lead and develop accounting teams while fostering a culture of accountability and accuracy
- Exceptional analytical and problem solving skills with the ability to translate financial data into actionable business insights
- Strong communication and presentation skills, with the ability to effectively present financial information to senior leadership and ownership
Preferred Qualifications
- Experience in the hospitality, theme park, or water park industry
- Background in managing capital projects, construction budgeting, and ROI analysis
- Experience with cash flow management and banking relationship development
- Knowledge of property management systems and integrated financial reporting platforms
- Prior experience supporting strategic planning and long range financial forecasting initiatives
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