Director of Finance
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Key skills for this role
About the Role
Mandarin Oriental Al Faisaliah Riyadh seeks a Director of Finance to oversee the Finance & Purchasing Department, ensuring internal controls, budgeting, and asset protection. The role requires strong leadership and financial management experience in luxury hospitality.
Key Skills for This Role
Responsibilities
- Supervise all members of the Finance & Purchasing Department
- Determine optimum control objectives and install/maintain internal control systems
- Lead budget and forecast processes and finance meetings with Corporate MOHG finance and Owners
- Ensure adequate controls for protection of hotel assets against loss or misappropriation
- Ensure adequate insurance coverage to protect hotel assets
- Assume full responsibility for proper control of cash funds and other assets
- Hold monthly meetings with colleagues to address concerns and share information
- Safeguard stored information and ensure confidentiality, integrity, and availability of information assets
Requirements
- Experience in financial management and control in luxury hospitality or similar
- Strong leadership and team management skills
- Knowledge of accounting principles and internal controls
- Ability to manage budgets and forecasts
- Experience with insurance and asset protection
Full Job Posting
About the job
- Based at Mandarin Oriental Al Faisaliah Riyadh within the Finance Department, the Director of Finance is responsible for supervision of all members of the Finance & Purchasing Department, determination of optimum control objectives, and installation and maintenance of appropriate internal control sy
- The Director of Finance reports to the General Manager.
As Director of Finance, you will be responsible for the following duties:
- 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 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 maximization of internal control techniques consistent with Group corporate management established policy and generally accepted accounting prin
- 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.
As Director of Finance, we expect from you:
- 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: unique learning and development programmes for various stages in your career.
- MOstay: 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.
- Retirement Plans: 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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