Accounting

Finance Manager

client of jobfinders
Al Madina Al Munawarah, Saudi Arabia Listed just now via Naukrigulf
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Job Overview

Company Industry Hotels, Hospitality
Department / Functional Area Finance, Treasury

Responsibilities

  • Financial Control & Accounting Standards Regulatory Compliance: Oversee compliance with accounting policies, ensuring all practices strictly conform to Saudi Organization for Chartered and Professional Accountants (SOCPA) and IFRS standards. Hospitality Accounting: Implement and maintain accounting records in strict alignment with the Uniform System of Accounts for the Lodging Industry (USALI). Internal Controls: Establish and enforce airtight internal control frameworks to protect resort assets, maintain accurate inventory tracking, and mitigate nancial risk. External Audit Liaison: Act as the primary interface for external auditors to facilitate smooth quarterly reviews and prompt annual certi cation of nancial results. 2. Resort Operations & Cost Control Cross-Departmental Support: Partner with operational and non-operational heads (Rooms, F&B, Caf , Recreation) to optimize departmental pro t margins. F&B & Inventory Control: Oversee the Cost Controller to ensure regular, meticulous spot-checks, monthly physical stock takes, and rigorous variance analysis for all Food, Beverage, and Operating Supplies & Equipment (OS&E). Revenue Assurance: Supervise the Revenue Auditor to guarantee daily reconciliation of Property Management Systems (PMS) and Point of Sale (POS) data against actual bank deposits. Treasury & Cash Flow: Monitor daily liquidity, manage working capital actively, oversee Accounts Receivable (AR) collection escalations, and ensure funding requirements are met seamlessly. 3. Budgeting, Forecasting & Strategy Annual Budgeting: Lead the formulation, consolidation, and presentation of the resort s annual operating budget and capital expenditure (CapEx) plan. Financial Critiques: Conduct monthly budget variance meetings with department heads to enforce cost accountability and adjust operational forecasts. 4. KSA Statutory Compliance & Tax ZATCA Compliance: Fully manage the accurate preparation, tracking, and timely ling of Zakat and Value Added Tax (VAT). E-Invoicing: Guarantee absolute compliance with Saudi Electronic Invoicing (Fatoora Phase 2 integration). Local Authorities: Maintain strict alignment with all government bodies governing KSA hospitality, including the Ministry of Tourism, Ministry of Human Resources, and GOSI. 5. Systems & IT Governance MIS Infrastructure: Manage nancial and business systems utilizing common, compatible databases. Hospitality Software: Ensure high-level data integration and operational uency across Opera PMS, Oracle Financials, Fidelio POS, and Tier-1 hospitality solutions. 6. Team Leadership & Development Team Management: Coach, mentor, and structurally manage the 8 nance department employees. Performance Tracking: Conduct regular performance appraisals, establish clear KPIs, and build succession plans to prepare team members for greater institutional responsibilities.

Desired Candidate Profile

Job Requirements & Quali cations Nationality: Saudi National (Mandatory due to localization regulations). Age: 35 years old and above. Languages: Fully bilingual with native-level uency in Arabic and English (written and spoken). Degree: Bachelor s degree in Accounting, Finance, or a highly related eld from an accredited university. Professional Certi cations: Active professional quali cation is highly preferred (SOCPA, CPA, CMA, or CA). Duration: 7+ years of progressive nancial management experience in a leadership or managerial role.

Industry

Proven track record within a luxury resort, international hotel chain, or dynamic premium hospitality environment. Technical Competencies Software Mastery: Advanced pro ciency in Opera Platforms, Oracle, Fidelio, and expert-level nancial modeling in Micros= Excel. Legal & Tax Knowledge: Deep operational knowledge of KSA corporate laws, labor laws, and ZATCA regulations.

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  • Companyclient of jobfinders
  • LocationAl Madina Al Munawarah, Saudi Arabia
  • CategoryAccounting
  • Listing sourceNaukrigulf
  • Apply onnaukrigulf.com
  • Listedjust now

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