Finance Manager
Role Overview
Finance Manager at Fraser Suites Riyadh, responsible for the business’s financial performance, with emphasis on cash flow, 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 the business’s financial performance, with emphasis on cash flow, cost control, profit enhancement, and risk management.
Financial management and reporting
- Prepare the property budget with the General Manager and Director of Sales and Marketing for submission to Corporate Office and the Owner.
- Control operating expenses; forecast and manage cash flows; manage the fixed asset register and asset movements or disposal.
- Prepare monthly financial and management reports, detailed business forecasts, and daily and monthly bank reconciliations.
- Maintain effective accounts payable, accounts receivable, and payroll systems and manage the staff performing these duties.
Compliance, controls, and improvement
- Liaise with legal advisers, consultants, and regulators to support operational and legal compliance.
- Ensure financial operations follow company policies and procedures and continuously improve finance practices.
- Apply enterprise risk management practices, including crisis management, business continuity, and disaster recovery.
- Protect business information, assets, cash, and receivables through effective security and control systems.
Qualifications and experience
- English-speaking ability and experience in five-star hotels in Saudi Arabia; the description also identifies this hotel experience 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 Zakat tax regulations, and confidence managing government tax audits.
Systems and capabilities
- Competency in ACCPAC, SAP, HIS Epitome, Microsoft Word, Excel, and PowerPoint, Vingcard, and related hospitality software.
- Excellent oral and written communication; strong organization and work coordination; able to manage multiple assignments, work with minimal supervision, act with integrity, and meet deadlines.
Compensation
- Salary is described as competitive, with benefits; no pay cadence or amount is specified.
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