Cluster Director of Finance
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Job Location:
Riyadh - Saudi Arabia
Monthly Salary:
Not Disclosed
Posted on:
4 hours ago
Vacancies:
1 Vacancy
Job Summary
1. Financial Management & Reporting
Lead the preparation and management of annual budgets forecasts and long-term financial plans for the cluster.
Ensure accurate and timely preparation of:
Monthly financial statements
Management reports
Owner and corporate reports
Analyze financial performance and provide clear insights variance analysis and recommendations to management.
2. Operational & Business Support
Act as a financial advisor to department heads providing analytical support to improve operational performance.
Monitor departmental costs and implement effective cost control measures without compromising service quality.
Support revenue optimization initiatives in collaboration with Revenue Management and Sales teams.
3. Compliance Governance & Risk Management
Ensure full compliance with:
Accor financial policies and procedures
Local laws and regulations (ZATCA Ministry of HR Ministry of Tourism etc.)
Maintain strong internal controls and conduct continuous audits of:
Revenue
Expenses
Assets and inventories
Identify financial risks and implement mitigation strategies.
4. Accounting & Control
Oversee all accounting activities including:
Accounts Receivable & Payable
General Ledger
Fixed Assets
Inventory controls
Ensure all financial records are maintained in accordance with the Uniform System of Accounts for Hotels.
Supervise receiving storing and issuing procedures to ensure compliance with approved controls.
5. Leadership & Team Management
Lead coach and develop the cluster finance team fostering a culture of accountability and continuous improvement.
Ensure proper training and development of finance team members on systems policies and procedures.
Build strong collaboration with operational departments across both hotels.
6. Strategic Planning & Business Development
Support the Cluster General Manager in:
Strategic planning
Feasibility studies
Business cases and investment evaluations
Assess financial implications of new initiatives renovations or operational changes.
Support ownership and Accor in evaluating long-term value creation opportunities.
7. Stakeholder & External Relations
Maintain strong relationships with:
Owners
Banks and financial institutions
Government authorities
Coordinate with external auditors tax consultants and regulatory bodies.
Act as the main financial point of contact for ownership and corporate finance.
Additional Duties
Ensure the safekeeping and proper use of all financial systems and equipment.
Perform any other related duties as assigned by management in line with the role.
Qualifications :
Bachelors Degree in Finance Accounting Business Administration or related field
Professional certification is highly preferred such as:
CPA / ACCA / CMA / CA
Additional Information :
Other Requirements
Ability to manage cluster operations across multiple properties
Strong stakeholder management skills (owners auditors banks government entities)
Capability to work under pressure and meet strict reporting deadlines
Remote Work :
No
Employment Type :
Full-time
Key Skills
- Crisis Management
- Marketing
- Public Relations
- Fundraising
- Media Relations
- Constant Contact
- Strategic Planning
- Social Media Management
- Team Management
- Public Speaking
- Wordpress
- Writing Skills
About Company
As a pioneer in the art of responsible hospitality, the Accor Group gathers more than 45 brands, 5,600 hotels, 10,000 restaurants, and lifestyle destinations in 110 countries. While each brand has its own personality, where you will be able to truly find yourself, they all share a com ... View more
