Finance Manager
Role Overview
Finance Manager at Fraser Suites Riyadh, responsible for managing and reporting the hotel's financial performance.
The role emphasizes cash flow management, cost control, profit enhancement, and risk management.
Key Skills for This Role
Full Job Posting
Role overview
Finance Manager at Fraser Suites Riyadh, responsible for managing and reporting the hotel's financial performance.
The role emphasizes cash flow management, cost control, profit enhancement, and risk management.
Financial management
- Prepare the hotel's financial budget with the General Manager and Director of Sales and Marketing and submit it to Corporate Office and the Owner.
- Control operating expenses and forecast and manage cash flow to meet business requirements efficiently.
- Maintain the fixed asset register and control asset movement and disposal.
- Prepare detailed business forecasts and timely monthly financial and management reports.
- Maintain bank reconciliations daily and monthly.
- Ensure effective accounts payable, accounts receivable, and payroll systems and oversee the staff performing those duties.
Compliance, controls, and risk
- Liaise with legal advisors, consultants, and regulators to support operational and legal compliance.
- Ensure financial operations follow company policies and procedures and continuously improve finance practices.
- Manage finance processes under enterprise risk practices, including crisis management, business continuity, and disaster recovery.
- Maintain controls to protect business information, assets, cash, and receivables.
Qualifications and experience
- English-speaking ability.
- Experience in five-star hotels in Saudi Arabia; five-star KSA hotel experience is also described as preferred.
- Tertiary degree-standard accountancy qualification and completion of CPA.
- Prior hotel finance department experience at management or senior management level.
- Knowledge of KSA financial regulations and laws, strong working knowledge of KSA Zakat tax regulations, and confidence managing government tax audits.
- Competency in ACCPAC, SAP, HIS Epitome, Microsoft Word, Excel, and PowerPoint, Vingcard, and related hospitality software.
- Strong communication, organizational, and coordination skills; able to manage multiple assignments, work with minimal supervision, and meet deadlines.
- Ethical, honest, and possessing integrity.
About Frasers Hospitality
Frasers Hospitality operates serviced apartments and hotel residences in markets across Asia, Australia, Europe, the Middle East, and Africa.
The company describes its culture as collaborative, respectful, progressive, and focused on staff learning and development.
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