Director of Finance
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Key skills for this role
About the Role
Mandarin Oriental Al Faisaliah Riyadh is seeking a Director of Finance to oversee the Finance & Purchasing Department. The role involves supervising financial controls, budgeting, forecasting, and ensuring internal control systems.
Key Skills for This Role
Responsibilities
- Supervise all members of the Finance & Purchasing Department
- Determine optimum control objectives and install/maintain appropriate internal control systems over income, expenditure, assets and liabilities
- Lead budget and forecast processes and finance meetings with Corporate MOHG finance and Owners
- Ensure colleagues' 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 personal data
- Direct, manage, and support the development, implementation, maintenance, and administration of all financial controls and accounting procedures
- Play an active role in hotel management and respond to needs of General Manager and management team
- Ensure adequate controls are installed for protection of hotel's assets against loss or misappropriation
- Ensure adequate insurance coverage is maintained to protect hotel assets
Requirements
- Proven experience in a senior finance role, preferably in luxury hospitality
- Strong knowledge of accounting principles and internal controls
- Experience with budgeting, forecasting, and financial reporting
- Leadership and team management skills
- Ability to safeguard confidential information
- Knowledge of information security policies
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.
- The role involves determination of optimum control objectives and installation/maintenance of appropriate internal control systems over income, expenditure, assets and liabilities within the hotel, budget and forecast process and finance meetings with Corporate MOHG finance and Owners.
- 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.
- 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.
- Direct, manage and support the development, implementation, maintenance, and administration of 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 pr
- Play an active role in the management of the hotel and 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.
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.
- Ensure adequate controls are installed and maintained for the protection of the hotel’s assets against loss or misappropriation.
- 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.
Our Commitment to You
- Learning & Development: We craft unique learning and development programmes for various stages in your career so that you grow, continuously.
- MOstay: The MOstay programme offers complimentary nights and additionally attractive rates on rooms for you and your loved ones.
- Health & Colleague Wellness: A variety of health benefits and wellness programmes are offered to all our colleagues, globally.
- Retirement Plans: We offer different retirement plans depending on the length of your service and your role.
Benefits
- A competitive salary.
- A competitive incentive.
- VIP Health insurance.
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