Director of Finance
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Key skills for this role
About the Role
AccorHotel in Riyadh seeks a Director of Finance to set up and oversee the Finance department for a hotel and residences. Responsibilities include financial planning, budget management, monitoring operating results, and ensuring compliance.
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 department goals
- Direct financial audits and provide recommendations for procedural improvements
Requirements
- Experience in setting up and overseeing finance department for hotel and residences
- Knowledge of company policies and local regulations
- Ability to direct financial planning, budget management, and financial audits
- Experience in recruiting, training, and managing team members
Full Job Posting
Role Overview
- 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.
Key Responsibilities
- 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.
- Direct financial audits and provide recommendations for procedural improvements.
- Conduct regular checks on procedures for purchasing, receiving, issuing, food preparing and portioning.
- Interview, select and recruit direct reports.
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