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Home/Jobs in Saudi Arabia/Finance & Banking Jobs/Assistant Director of Finance
AccorHotel logo
AccorHotel

Assistant Director of Finance

🇸🇦 Makkah, Saudi Arabia🏢 On-site
FinanceIFRSBudgetingForecastingOperaSUNSAPMicrosoft Excel

At a Glance

Category
🏦 Finance & Banking
Level
Mid-Level
Experience
5+ years
Type
Full-time
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AccorHotel logo
AccorHotel

Company Description

At Accor, we believe that hospitality is a work of heart. We understand the ways in which individual passion for our work and a shared sense of accomplishment create a more rewarding experience for our guests. We foster this culture through a diverse and inclusive workplace that values the contribution of each and every member of our team. We are committed to taking positive action in terms of business ethics and integrity, responsible tourism, sustainable development, community outreach, and diversity and inclusion. With an expansive portfolio of iconic hotels and brands, Accor offers boundless opportunities for career advancement and professional development across the globe.

Join a team where you can be all you are, grow and create your path, work with purpose, and enjoy and feel valued.

This is a high-impact role with growth opportunities for an ambitious applicant. Make it your next move.

Job Description

  • Assist the Director of Finance in overseeing the hotel's financial operations and accounting functions.
  • Lead budgeting, forecasting, financial planning, and monthly financial reporting.
  • Monitor financial performance, GOP, operating expenses, and profitability.
  • Ensure compliance with Accor financial policies, internal controls, IFRS, and local regulations.
  • Oversee accounts payable, accounts receivable, income audit, and general accounting.
  • Monitor cash flow, working capital, and financial risks.
  • Analyze financial results and provide recommendations to improve operational efficiency and profitability.
  • Support cost control initiatives and ensure effective financial management across all departments.
  • Coordinate internal and external audits and ensure timely resolution of audit findings.
  • Partner with the General Manager and Department Heads on financial and operational decisions.
  • Lead, coach, and develop the Finance team.
  • Ensure timely and accurate month-end and year-end closing processes.

Qualifications

  • Bachelor's degree in Finance, Accounting, or a related field.
  • Professional qualification (CPA, ACCA, CMA) is an advantage.
  • Minimum 5 years of experience in hotel finance, preferably within an international luxury hotel brand.
  • Previous experience in a Finance Manager or Assistant Director of Finance role is preferred.
  • Strong knowledge of hotel accounting, budgeting, forecasting, and financial reporting.
  • Good understanding of IFRS, internal controls, and statutory compliance.
  • Proficiency in Microsoft Excel and hotel financial systems (Opera, SUN, SAP, or equivalent).
  • Strong analytical, leadership, and problem-solving skills.
  • Excellent communication and interpersonal skills.
  • Fluent in English; additional languages are an advantage.

Additional Information

  • Enjoy discounted Heartist® rates across our global network of 5,600 properties, 10,000 food and beverage venues, and wellness centers.
  • Grow and travel with your career globally across more than 110 countries, 45 hotel brands from luxury and lifestyle to premium and economy.
  • Continuous learning and investment into your capability.
  • This role is for Saudis only.

Requirements

  • •Bachelor's degree in Finance, Accounting, or a related field
  • •Minimum 5 years of experience in hotel finance
  • •Experience with international luxury hotel brands preferred
  • •Previous experience in a Finance Manager or Assistant Director of Finance role preferred
  • •Strong knowledge of hotel accounting, budgeting, and forecasting
  • •Good understanding of IFRS, internal controls, and statutory compliance
  • •Proficiency in Microsoft Excel and hotel financial systems (Opera, SUN, SAP, or equivalent)
  • •Fluent in English

Nice to Have

  • •Professional qualification (CPA, ACCA, CMA)
  • •Additional languages are an advantage

Responsibilities

  • •Assist the Director of Finance in overseeing hotel financial operations and accounting functions
  • •Lead budgeting, forecasting, financial planning, and monthly financial reporting
  • •Monitor financial performance, GOP, operating expenses, and profitability
  • •Ensure compliance with Accor financial policies, internal controls, IFRS, and local regulations
  • •Oversee accounts payable, accounts receivable, income audit, and general accounting
  • •Monitor cash flow, working capital, and financial risks
  • •Analyze financial results and provide recommendations to improve operational efficiency
  • •Support cost control initiatives and ensure effective financial management across all departments
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🏥Medical
🎓Education
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