Director of Finance
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Key skills for this role
About the Role
Responsible for financial controls, budget management, and information security while ensuring colleague development and safeguarding hotel assets.
Key Skills for This Role
Responsibilities
- Supervise all members of the Finance & Purchasing Department
- Determine optimum control objectives and install/maintain internal control systems over income, expenditure, assets and liabilities
- Lead budget and forecast processes and finance meetings with Corporate MOHG finance and Owners
- Ensure colleague career path and development needs are prioritized and documented
- Hold monthly meetings with colleagues to address concerns and share information
- Safeguard stored information and ensure confidentiality of guest, customer, and colleague data
- Ensure adequate controls for protection of hotel assets against loss or misappropriation
- Ensure adequate insurance coverage to protect hotel assets per management contract
- Assume full responsibility for proper control of all cash funds and other assets
Requirements
- Extensive experience in finance leadership, preferably in hospitality
- Strong knowledge of internal controls and accounting procedures
- Ability to manage and develop a team
- Experience with budgeting and forecasting
Full Job Posting
About the Job
- Based at the Mandarin Oriental Al Faisaliah Riyadh within the Finance Department in Riyadh, the Director of Finance is responsible for the supervision of all members of the Finance & Purchasing Department, for the determination of optimum control objectives and for the installation and maintenance o
- The Director of Finance reports to the General Manager.
Key Responsibilities
- Ensure the colleagues career path and development needs are being prioritised and documented in accordance with the MO Profile online system.
- Hold monthly meetings with all colleagues to assure they have a forum to voice any concerns or challenges and share departmental and hotel information.
- You shall take all reasonable steps to safeguard stored information and not divulge or otherwise transfer any personal data concerning the guests, customers or colleagues, or any confidential information concerning the hotel unless with the appropriate authority.
- To direct, manage and support the development, implementation, maintenance, and administration if all financial controls and accounting procedures, based upon a maximization of internal control techniques consistent with Group corporate management established policy and generally accepted accounting
- To play an active role in the management of the hotel and to exercise a responsive attitude to the needs of the General Manager and other members of the hotel management team.
- Identify and regularly review the classification levels of all your information with your department.
- Ensure that the information and information security equipment assets under your control are secured as effectively as practically possible to ensure the confidentiality, integrity, and availability of the information assets.
- Authorize user access to information under your control and remove access when it is no longer required.
- Communicate access control requirements to Information Security management and the information users.
- Monitor Information Policy compliance within your scope of authority.
- Detect and report Information Security incidents to the Information Security Officer and respond to any incidents that are reported.
- Safeguard the security of the company's information and computing assets and comply with the implemented Information Security Policy and all practices and supporting procedures designed in accordance with the policy.
Expectations
- Authorize user access to information under your control and remove access when it is no longer required.
- Communicate access control requirements to Information Security management and the information users.
- Monitor Information Policy compliance within your scope of authority.
- Detect and report Information Security incidents to the Information Security Officer and respond to any incidents that are reported.
- Safeguard the security of the company's information and computing assets and comply with the implemented Information Security Policy and all practices and supporting procedures designed in accordance with the policy.
- To ensure adequate controls are installed and maintained for the protection of the hotel s assets against loss or misappropriation.
- To ensure adequate insurance coverage is maintained to protect the assets of the hotel regarding the requirements contained in the hotel s management contract.
- Assume full responsibility for the proper control of all cash funds and other assets for subordinates.
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