Director of Finance - Raffles Diriyah
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Key skills for this role
About the Role
Raffles Diriyah is seeking a Director of Finance to set up and oversee the Finance department for a luxury hotel and residences. The role requires a Bachelor's degree in Accounting/Finance, CPA preferred, and at least 5 years of senior finance experience.
Key Skills for This Role
Responsibilities
- Set up the Finance department for the hotel and residences in compliance with company policies and local regulations
- Oversee the daily operations of the Finance department
- Direct and coordinate hotel financial planning and budget management functions
- Monitor and analyze monthly operating results against budget
- Direct and coordinate debt financing and debt service payments with external agencies
- Prepare annual reports of actual revenues, transfers, and expenses
- Analyze financial outlooks and prepare financial forecasts
- Prepare financial analysis for contract negotiations and product investment decisions
- Ensure compliance with local, state, and federal budgetary reporting requirements
- Establish and implement short and long range departmental goals, objectives, policies and operating procedures
- Maintain an organizational structure and staffing to effectively accomplish the department’s goals and objectives
- Serve as primary legislative liaison relative to company financial issues
Requirements
- Bachelor’s degree in accounting / finance
- Additional certificate as a Certified Public Accountant (CPA) will be an advantage
- Minimum 5 years of experience in a senior finance or accounting position or 2 years of experience in a similar capacity
- High degree of professionalism with strong understanding of business acumen
- Excellent reading, writing and oral proficiency in English language
- Proficient in MS Excel, Word, PowerPoint, and relevant financial and accounting reporting systems
- Fully conversant in accounting principles and financial regulation standards
- Strong leadership and interpersonal skills
- Excellent communication and customer contact skills
- Results and service oriented with an eye for details
- Ability to multi task, work well in stressful & high pressure situations
- A team player & builder
Full Job Posting
Company Description
- Raffles Diriyah is a glamourous new landmark in Diriyah – Saudi Arabia’s “City of Earth”. Set against the UNESCO World Heritage site of Al Tuarif and the scenic Wadi Hanifa. Inspired by Nadji heritage, and infused with Raffles’ timeless elegance, Raffles Diriyah set the standard for gracious hospita
- At Raffles Diriyah, people are the soul of everything we do. We are champion of culture, custodians of community and passionate curators of meaningful guests’ experience. Here, guests arrive as visitors, leave as friends, and return as family.
Accounting & Finance
- Set up the Finance department for the hotel and residences in compliance with company policies and local regulations
- Oversee the daily operations of the Finance department
- Direct and coordinate hotel financial planning and budget management functions
- Monitor and analyze monthly operating results against budget
- Direct and coordinate debt financing and debt service payments with external agencies
- Prepare annual reports of actual revenues, transfers, and expenses
- Analyze financial outlooks and prepare financial forecasts
- Prepare financial analysis for contract negotiations and product investment decisions
- Ensure compliance with local, state, and federal budgetary reporting requirements
- Establish and implement short and long range departmental goals, objectives, policies and operating procedures
- Maintain an organizational structure and staffing to effectively accomplish the department’s goals and objectives
- Serve as primary legislative liaison relative to company financial issues
Team Management
- Interview, select and recruit direct reports
- Identify and develop team members with potential
- Conduct performance review and manages performance issues that arise within the management team
- Constantly monitor team members performance, attitude and degree of professionalism
- Work with Talent & Culture function to ensure appropriate hiring, training, motivating, coaching, counseling and development of team members according to the changing needs of the business
- Conduct monthly departmental meetings to provide information to team members, obtain their feedback, rectify issues and provide a regular forum for department communication
Other Responsibilities
- Attend all briefings, meetings and trainings as assigned by management
- Maintain a high standard of personal appearance and hygiene at all times
- Be aware of the hotel fire & life safety/emergency procedures
- Perform other reasonable duties assigned by the Management
Knowledge and Experience
- Bachelor’s degree in accounting / finance
- Additional certificate as a Certified Public Accountant (CPA) will be an advantage
- Minimum 5 years of experience in a senior finance or accounting position or 2 years of experience in a similar capacity
- High degree of professionalism with strong understanding of business acumen
- Excellent reading, writing and oral proficiency in English language
- Proficient in MS Excel, Word, PowerPoint, and relevant financial and accounting reporting systems
- Fully conversant in accounting principles and financial regulation standards
Competencies
- Strong leadership and interpersonal skills
- Excellent communication and customer contact skills
- Results and service oriented with an eye for details
- Ability to multi task, work well in stressful & high pressure situations
- A team player & builder
- A motivator & self starter
Additional Information
- Employee benefit card offering discounted rates at Accor properties worldwide
- Complimentary duty meal
- Opportunity to develop your talent and grow within your property and across the world!
- Ability to make a difference through our Corporate Social Responsibility & Sustainability activities
Our Commitment to Diversity & Inclusion
- We are an inclusive company and our ambition is to attract, recruit and promote diverse talent.
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