Financial Controller

Riyadh - Saudi Arabia

Monthly Salary: Not Disclosed

Posted on: Yesterday

Vacancies: 1 Vacancy

Job Summary

Role: Financial Controller (Hotel)

Salary: Competitive Salary & Benefits

Location: Location: Fraser Suites Riyadh

Frasers Hospitality a member of Frasers Property Group is a global hospitality leader. As the worlds leading brand in serviced apartments and hotel residences we deliver gold standard hospitality in cities across Asia Australia Europe the Middle East and Africa. A true global brand with a friendly feel our staff are connected through our shared vision and four core values collaborative real respectful and progressive. Passionate about promoting from within our culture is one which is fostered by the continual learning and development needs of our staff.

What youll be doing as a Financial Controller:

In consultation with the General Manager and Director of Sales & Marketing prepare the financial budget for Fraser Suites Riyadh and submit to Corporate Office and the Owner in the specified format.
Implement measures to control operating expenses to achieve financial objectives.
Forecast and manage cash flows to ensure the efficient use of capital to meet business requirements.
Manage the fixed asset register and implement measures to control the movement and/or disposal of assets.
Liaise with internal/external legal advisors consultants and regulatory authorities to ensure operational and legal compliance in all business dealings.
Prepare and submit monthly financial and management reports on behalf of Fraser Suites Riyadh to Corporate Office and the Owner on a timely basis.
Conduct detailed business forecast analysis.
Ensure effective systems are implemented to manage accounts payable accounts receivable and payroll functions and the staff engaged to perform these duties.
Preparation of the bank reconciliation on a daily and monthly basis.
Maintain a continuous improvement regime to ensure best practice measures are employed in all finance department related procedures.

What were looking for:

Formal qualifications at tertiary level to degree standard in accountancy and completion of CPA Certified Public Accountant
Proven experience within a hotel finance department at management or senior management level.
Knowledge of local financial regulations and laws.
Updated knowledge of IFRS Accounting Standards.
Competency in Sage 300 MICROS Bayan Infor HMS Microsoft applications (Word
Excel PowerPoint) Vingcard and related hospitality proprietary software packages.
Excellent oral and written communication skills.
Strong organisational and work coordinating skills combined with an ability to handle
multiple assignments and projects simultaneously.
Professionally groomed.
Able to work with minimal supervision.
Ethical honest and possessing integrity.
Ability to work to deadlines.
Able to identify and implement new business practices and processes.

About You

Benefits

Not Specified

Role: Financial Controller (Hotel)Salary: Competitive Salary & BenefitsLocation: Location: Fraser Suites RiyadhFrasers Hospitality a member of Frasers Property Group is a global hospitality leader. As the worlds leading brand in serviced apartments and hotel residences we deliver gold standard hos...

Role: Financial Controller (Hotel)

Salary: Competitive Salary & Benefits

Location: Location: Fraser Suites Riyadh

What youll be doing as a Financial Controller:

In consultation with the General Manager and Director of Sales & Marketing prepare the financial budget for Fraser Suites Riyadh and submit to Corporate Office and the Owner in the specified format.
Implement measures to control operating expenses to achieve financial objectives.
Forecast and manage cash flows to ensure the efficient use of capital to meet business requirements.
Manage the fixed asset register and implement measures to control the movement and/or disposal of assets.
Liaise with internal/external legal advisors consultants and regulatory authorities to ensure operational and legal compliance in all business dealings.
Prepare and submit monthly financial and management reports on behalf of Fraser Suites Riyadh to Corporate Office and the Owner on a timely basis.
Conduct detailed business forecast analysis.
Ensure effective systems are implemented to manage accounts payable accounts receivable and payroll functions and the staff engaged to perform these duties.
Preparation of the bank reconciliation on a daily and monthly basis.
Maintain a continuous improvement regime to ensure best practice measures are employed in all finance department related procedures.

What were looking for:

Formal qualifications at tertiary level to degree standard in accountancy and completion of CPA Certified Public Accountant
Proven experience within a hotel finance department at management or senior management level.
Knowledge of local financial regulations and laws.
Updated knowledge of IFRS Accounting Standards.
Competency in Sage 300 MICROS Bayan Infor HMS Microsoft applications (Word
Excel PowerPoint) Vingcard and related hospitality proprietary software packages.
Excellent oral and written communication skills.
Strong organisational and work coordinating skills combined with an ability to handle
multiple assignments and projects simultaneously.
Professionally groomed.
Able to work with minimal supervision.
Ethical honest and possessing integrity.
Ability to work to deadlines.
Able to identify and implement new business practices and processes.